Deepinder Goyal’s wearable company Temple is in advanced discussions to raise $50 million from investors including Steadview Capital, Info Edge, Peak XV Partners, and others. The funding will support Temple’s brain-health wearable technology, which tracks cerebral blood flow, aligning with Goyal’s “Gravity Ageing Hypothesis” research initiative.
Temple, the new wearable venture founded by Zomato co-founder and Eternal CEO Deepinder Goyal, is attracting strong investor interest as it prepares for its next phase of growth. The company is in talks to raise $50 million from prominent institutional investors, many of whom were early backers of Zomato. The funds are expected to accelerate product development, research, and commercialization of Temple’s innovative brain-health monitoring device.
Key highlights from the announcement include
-
Temple is in discussions to raise $50 million from Steadview Capital, Info Edge, Peak XV Partners, Vy Capital, and others.
-
The wearable device focuses on tracking cerebral blood flow, aiming to address ageing concerns linked to reduced brain circulation.
-
The technology is based on the “Gravity Ageing Hypothesis,” which suggests that prolonged upright posture and gravity reduce cerebral blood flow over time, potentially accelerating ageing.
-
Temple’s device was spotted on Goyal at a recent public event, sparking curiosity about its potential applications in health and wellness.
-
The company’s research arm, Continue Research, is conducting scientific studies to validate the device’s effectiveness.
-
A placeholder website for Temple currently states “Coming Soon,” signaling an imminent launch.
-
The initiative reflects Goyal’s shift from food-tech to deep-tech health innovation, leveraging his entrepreneurial experience and investor network.
-
Institutional funds backing Temple are the same that supported Zomato in its early days, underscoring investor confidence in Goyal’s ventures.
Temple’s fundraising discussions highlight the growing convergence of health technology and wearable innovation. By focusing on brain health and ageing, the company is positioning itself in a niche yet potentially transformative segment of the wellness industry. If successful, Temple could redefine how wearables contribute to preventive healthcare and longevity research.
Sources: Moneycontrol, Outlook Business, Medianama, Startup IndiaX