Deepinder Goyal, the former co-founder of Zomato, has launched a new startup called Temple that has secured $54 million in funding for its brain-monitoring wearable technology. This latest venture signals Goyal’s shift towards innovative exploration in the tech industry.
Temple’s recent funding round, led by Goyal himself and backed by investors like Steadview Capital and Peak XV Partners, values the startup at around $190 million post-money. Notable participants in this round include key figures from the startup and tech industry, such as Paytm’s Vijay Shekhar Sharma and Zerodha’s Nithin Kamath.
Temple’s core focus is on developing cutting-edge wearables tailored for elite athletes. The company aims to create a device that can track cerebral blood flow in real-time, offering insights into performance metrics that traditional wearables cannot capture.
With an emphasis on pushing the boundaries of technological innovation in sports performance monitoring, Temple’s ambitions align with Goyal’s vision for pioneering advancements in the wearables market.
Source: TechCrunch