Deepinder Goyal’s wearable startup Temple raises $54 million in round

Eternal founder Deepinder Goyal’s startup Temple,  has raised $54 million (Rs 493 crore) in seed funding round from Peak XV Partners, Steadview Capital, Dharana Capital, Info Edge Ventures and more than 80 individual investors.

After the funding round, Temple is valued at $190 million (around Rs 1,700 crore).

“Every investor in this round is a founder friend or early-stage Zomato investor who wanted in, whether or not Temple ever makes it to market. But here's what gives me goosebumps – more than 30 Temple employees participated in the round, at par valuation. No discount. Their own money. That’s the kind of belief you can’t buy,” Goyal said in a post on X.

Read also- Companion Labs Raises $2.5 Mn in Seed Round

 Individual investors include Kunal Shah from Cred, Vijay Shekhar Sharma from Paytm, Nithin Kamath and Nikhil Kamath from zerodha, Varun Alagh from mamaearth, Cars24 founders including CEO Vikram Chopra, podcaster Raj Shamani, and Urban Company’s Abhiraj Singh Bhal.

Several current and former Eternal executives also invested in the round, including chief financial officer Akshant Goyal, district head Rahul Ganjoo, food delivery CEO Aditya Mangla, and the family office of former chief people officer Akriti Chopra.

Goyal personally invested Rs 104 crore, which makes up 21% of the total funding raised in this round. After the deal, he owns a 28.5% stake in the company.

Temple is building a wearable device designed for elite athletes. The company says the device will track body metrics that current consumer wearables do not measure, aiming to set a new level of accuracy in the category. It has not yet shared a launch date.

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The idea behind the device is linked to the “Gravity Ageing Hypothesis,” a research paper published in November 2025 by Deepinder Goyal through his science initiative, Continue Research. Goyal leads the initiative along with former Zomato executive Ashish Goel.

The hypothesis claims that human ageing is strongly affected by gravity’s constant pull, which slowly reduces blood flow to highly active parts of the brain, such as the hypothalamus and brainstem. Data cited by Continue Research says that blood flow to the brain decreases by about 0.7% each year, starting as early as age seven.

Starting February 1, Goyal stepped down as CEO of Eternal, the parent company of Zomato and Blinkit. He was replaced by Albinder Dhindsa and moved into the role of vice chairman.

Goyal said he plans to focus on new ventures in the longevity and aerospace sectors, which require “higher-risk exploration and experimentation.”

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