Deepinder Goyal has announced that Temple has secured $54 million in its first funding round, achieving a post-money valuation of approximately $190 million. According to Goyal, the round saw participation exclusively from founder friends and early investors associated with Zomato who expressed strong conviction in the venture, irrespective of its commercial trajectory.

A defining highlight of the round was significant internal participation. More than 40 Temple employees invested in the funding at par valuation, without discounts, deploying personal capital — a move Goyal described as belief that cannot be purchased.

Temple is positioned as a high-performance wearable technology platform aimed at elite performance athletes, signaling an ambitious entry into the advanced sports-tech ecosystem.

Further details are awaited as the story continues to unfold.