From Foodtech to Neurotech: Goyal’s Temple Raises $54M

Zomato co-founder Deepinder Goyal has unveiled his latest venture, Temple, a wearable technology startup focused on neuro-performance. The company has secured $54 million (₹493 crore) in seed funding, valuing it at $190 million post-money.

Investor Participation

• Led by Peak XV Partners, Steadview Capital, and Info Edge Ventures
• More than 80 prominent founders and angel investors joined the round
• Goyal personally invested ₹104 crore (~$12.5 million)
• Over 30 Temple employees bought in at full valuation

Product Vision

• Temple is developing a wearable device capable of measuring cerebral blood flow
• Target audience: elite athletes and high-performance professionals
• Focus: brain-focused biometrics rather than traditional heart rate or sleep metrics
• Positioned at the intersection of sports science, neurotech, and health monitoring

Why It Matters

• Scale of funding: $54 million seed round ranks among India’s largest
• Founder-led conviction: Goyal’s personal investment underscores commitment
• Market differentiation: Focus on cognitive and neurological performance sets Temple apart from Apple Watch, WHOOP, and Oura

Industry Context

• The global wearables market has centered on lifestyle and fitness
• Temple’s neuro-performance focus could mark the next frontier in health-tech innovation
• Potential to reshape monitoring of cognitive resilience and brain health