<2> Temple: Deepinder Goyal’s New Wearable Startup Raises $54M in Funding
<3> A New Venture for Zomato Co-Founder Deepinder Goyal
In a recent development, Temple, the wearable startup co-founded by Zomato co-founder Deepinder Goyal, has raised $54 million in a friends-and-family round. This significant investment brings the post-money valuation of the company to approximately $190 million. This move marks a significant departure from Goyal’s previous venture, Zomato, which he co-founded in 2008 and later sold to Delivery Hero in 2021 for $11 billion.
<3> Background on Temple
Temple is a wearable startup that focuses on developing brain-monitoring technology. The company aims to create innovative wearables that can track brain activity, providing users with valuable insights into their mental well-being. Temple’s mission is to empower individuals to take control of their mental health by providing them with accurate and reliable data.
<3> The Funding Round
The $54 million funding round for Temple is a significant milestone for the company. The investment will be used to further develop Temple’s brain-monitoring technology and expand its product offerings. The company plans to use the funds to enhance its research and