Home AccessoriesDeepinder Goyal’s wearable startup Temple taps Zetwerk, Ethereal Machines to scale brain-monitoring devices

Deepinder Goyal’s wearable startup Temple taps Zetwerk, Ethereal Machines to scale brain-monitoring devices

by R.Donald


Temple, the wearable technology startup founded by Zomato parent Eternal’s CEO Deepinder Goyal, has partnered with manufacturing firms Zetwerk and Ethereal Machines as it prepares to scale production of its brain-monitoring wearable devices, according to people familiar with the matter, as per a Moneycontrol report.

The startup, which has been operating quietly for more than a year, is developing experimental wearable patches that attach near a user’s temple and measure brain activity in real time on a continuous basis.

Temple recently began shipping its first batch of around 100 sample units and is expected to gradually increase production over the coming weeks as it moves closer to broader commercial operations.

People aware of the development said the company is handling core manufacturing internally while outsourcing specific precision-focused processes to specialist firms. Ethereal Machines is expected to support areas such as sensor precision manufacturing and CNC-based components, while Zetwerk will help Temple scale manufacturing operations.

Also read: Jubilant FoodWorks Q4 profit jumps 67% as Domino’s leans on affordability strategy

The startup is reportedly planning an initial production run of several thousand units and is targeting both Indian and overseas markets, including the United States.

The collaboration also reflects overlapping investor networks between the companies involved. Peak XV Partners has backed Temple, Zetwerk and Ethereal Machines, while Steadview Capital — an investor in Temple — also holds a stake in Ethereal Machines. Several Zetwerk founders are additionally angel investors in Ethereal Machines.

Temple has raised around $54 million so far at a reported valuation of about $190 million. Its investor roster includes entrepreneurs such as Kunal Shah, Vijay Shekhar Sharma, Raj Shamani, Abhiraj Singh Bhal, Varun Alagh and Akshant Goyal, alongside institutional investors including Peak XV Partners, Info Edge, Vy Capital and Steadview Capital.

The funding is expected to support further development and commercial rollout of the wearable device.

The move comes amid growing global interest in wearable health and wellness technology. Devices capable of tracking health metrics such as recovery, sleep, heart rate and stress levels are increasingly moving into the mainstream consumer market.

Also read: MLB partners with Reliance-owned RISE Worldwide to expand baseball’s footprint in India

The broader sector has also attracted rising investor interest globally. Fitness wearable company Whoop recently raised fresh funding at a valuation exceeding $10 billion, while companies such as Google, Apple and Oura continue expanding their presence across AI-powered wearables, smart fitness devices and health-focused consumer technology.

Temple’s entry into the category signals growing ambition among Indian startups to participate in the rapidly expanding global wearable technology market.

Follow Storyboard18 on Google for the latest and breaking brand makers and industry updates, along with in-depth coverage of digital media and brand marketing. Stay informed with the latest perspectives only on Storyboard18.

First Published on May 21, 2026, 09:42:02 IST



Source link

You may also like

Leave a Comment