Tech
After Zomato, Deepinder Goyal returns with a $54M brain-monitoring bet
Weeks after stepping down as CEO from food delivery service Zomato and its parent Eternal, Indian entrepreneur Deepinder Goyal is back with a $54 million raise for wearable startup Temple, part of what the 43-year-old earlier described as a shift toward “higher-risk exploration and experimentation.”
On Friday, Goyal said in a post on X that Temple had raised funds in a friends-and-family round from founder friends and early Zomato backers, at a post-money valuation of about $190 million. More than 30 employees participated at the same valuation, he said.
Goyal is leading the funding round, followed by Steadview Capital, according to regulatory filings reviewed by TechCrunch. Other investors include Peak XV Partners, InfoEdge Ventures, and Dharana Capital, alongside angel investors such as Vijay Shekhar Sharma of Paytm, Kunal Shah of CRED, Nithin Kamath and Nikhil Kamath of Zerodha, as well as current and former Eternal executives including Akshant Goyal, Aditya Mangla, Kunal Swarup, Akriti Chopra, and Rahul Ganjoo.
Goyal stepped down as chief executive of Zomato and its parent, Eternal, in January, handing the role to Albinder Dhindsa, who leads the quick-commerce unit Blinkit. The move marked a major transition for Goyal after nearly two decades at the helm of the food delivery company he co-founded in 2008.
Temple is one of the clearest expressions yet of that shift. The startup is focused on building a high-performance wearable for elite athletes, an area Goyal has described as ripe for deeper technological innovation.
During a January conversation with podcaster Raj Shamani, Goyal described Temple’s wearable as a sensor designed to sit on the wearer’s temple and continuously track cerebral blood flow.
In a separate post on X earlier Friday, he said Temple aims to build what he called “the ultimate wearable for elite performance athletes,” claiming the device would measure metrics that existing wearables cannot. He also outlined an expansive hiring push spanning embedded systems, computational neuroscience, and brain-computer interface engineering.
The startup is entering an increasingly crowded and well-funded wearables market, where companies such as Whoop, Oura, and Garmin have spent years refining devices that track sleep, recovery, and athletic performance. Whether Temple can meaningfully differentiate its technology remains an open question.
The push into Temple is part of a broader shift in Goyal’s investment focus. In October 2025, he said he had committed $25 million of his own capital to another new venture, Continue Research, which is exploring ways to extend human lifespan. He is also a co-founder of aviation startup LAT Aerospace, which recently expanded into defense technology with the acquisition of early-stage firm Sharang Shakti.
Goyal built his reputation at Zomato, which he co-founded with Pankaj Chaddah and spent nearly two decades building into one of India’s largest food delivery platforms before stepping down as chief executive earlier this year.
Chaddah exited the company in 2018, as Zomato continued to consolidate its position through acquisitions, including the purchase of Uber Eats’ India business in 2020 and grocery delivery platform Blinkit — then known as Grofers — for $568 million in 2022.
Before Temple, Goyal had also backed health and fitness startups, including Ultrahuman, an India-based wearable maker that competes with Oura’s smart ring, underscoring his growing focus on performance and health technology.
Goyal declined to comment further on Temple.
Tech
Revolut eyes valuation of up to $200B in eventual IPO
British neobank Revolut seems to be eyeing a major valuation bump when it eventually goes public. The company is targeting a market cap between $150 billion and $200 billion in an initial public offering, the Financial Times reported on Tuesday, citing anonymous investor sources.
The fintech giant, which secured a full banking license in the United Kingdom in March after years of waiting, was most recently valued at $75 billion, up from $45 billion in 2024, in a secondary share sale that made it one of Europe’s most valuable private tech companies.
Revolut’s co-founder and CEO, Nik Storonsky, last week said that the company’s IPO was at least “two years away,” according to Bloomberg.
According to PitchBook and the Financial Times, the company is working on another secondary share sale, scheduled for the second half of 2026, that would value it at more than $100 billion.
As of November 2025, the company had raised a total of $5.89 billion, according to PitchBook. Revolut reported revenue of $6 billion in the financial year ended December 31, 2025, up from $4 billion in 2024. The company’s net profit grew to $1.7 billion, up from $1 billion in 2024, and counted 68.3 million retail customers at the end of 2025.
Revolut declined to comment.
Founded in 2015, Revolut offers a range of services spanning multi-currency accounts, payment and transfer services, crypto products, insurance, and more. The neobank has been pouring truckloads of cash into expanding its operations internationally, and recently applied for a banking license in the United States.
Besides the U.K., Revolut has a banking license in the European Union, and it operates in Australia, Japan, New Zealand, Singapore, Brazil, and the U.S. Revolut launched operations in India last October, is about to start operating in Colombia this year, and has received a banking license in Mexico.
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Tech
Amazon taps Sweden’s Einride for its electric big rigs
Einride is adding 75 of its electric heavy duty trucks to Amazon’s Relay freight network as part of a deal that gives the Swedish startup a toehold in the e-commerce giant’s operations. Einride will also provide charging infrastructure across five locations in the United States, under the agreement announced Tuesday.
Amazon isn’t buying or operating the electric trucks. Instead, Einride will own and manage (using its own Saga AI software) the trucks, which can be used by drivers in Amazon’s Relay freight network. Relay, launched in 2017, is an app that truck drivers can use to book hauling gigs with Amazon.
Einride CEO Roozbeh Charli, who took over as chief nearly a year ago, said working with Amazon is a powerful validation of the startup’s technology and strategic vision.
“By deploying our intelligent platform within one of the world’s most sophisticated logistics networks, we are accelerating growth, while continuing to build industry-leading operational expertise,” he said in a statement.
Einride has gained attention and investment for its two-pronged approach to freight. The company has developed and now operates a fleet of about 200 heavy-duty electric trucks for companies like Heineken, PepsiCo, and Carlsberg Sweden in Europe, North America, and the UAE. It has also developed autonomous pod-like trucks, which stand out for their cab-less design.
The agreement with Amazon doesn’t include the autonomous pods.
Einride has landed this agreement at a critical time: The startup is finalizing a merger with blank-check company Legato Merger Corp. and is expected to go public soon.
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While the agreement might not carry the same weight for Amazon, which has a market cap of $2.7 trillion, it does contribute to its low-carbon goals. Amazon has said it wants to reach net-zero carbon emissions across its operations by 2040.
“This rollout is an important step forward in addressing one of the toughest challenges we face in decarbonizing our transportation network — electrifying heavy-duty trucking,” an Amazon spokesperson said in an emailed statement. “We’re excited to continue to collaborate with Einride and learn from these operations as the trucks hit the road.”
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Tech
YouTube expands its AI likeness detection technology to celebrities
YouTube is expanding its new “likeness detection” technology, which identifies AI-generated content, such as deepfakes, to people within the entertainment industry, the company announced on Tuesday.
The technology works similarly to YouTube’s existing Content ID system, which detects copyright-protected material in users’ uploaded videos, allowing rights owners to request removal or share in the video’s revenue.
Likeness detection does the same, but for simulated faces. The feature is meant to help protect creators and other public figures from having their identities used without their permission — a common problem for celebrities who find their likenesses have been used in scam advertisements.
The technology was first made available to a subset of YouTube creators in a pilot program last year before expanding more broadly to include politicians, government officials, and journalists this spring.
Now YouTube says the technology is being made available to those in the entertainment industry, including talent agencies, management companies, and the celebrities they represent. The company has support from major agencies like CAA, UTA, WME, and Untitled Management, which offered feedback on the new tool.
Use of the likeness detection tool does not require entertainers to have their own YouTube channels.
Instead, the feature scans for AI-generated content to detect visual matches of an enrolled participant’s face. Users can then choose to request removal of the video for privacy policy violations, submit a copyright removal request, or do nothing. YouTube notes that it won’t remove all content, as it permits parody and satire content under its rules.
In the future, the technology will support audio as well, the company says.
Related to this, YouTube has also been advocating for similar protections at a federal level, with its support for the NO FAKES Act in Washington, D.C. This would regulate the use of AI to create unauthorized re-creations of an individual’s voice and visual likeness.
The company hasn’t yet said how many removals of AI deepfakes have been managed by the tool so far, but noted in March that the amount of removals was still “very small.”
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