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Deepinder Goyal’s new startup Temple raises $54 Mn at a $190 Mn valuation

EntrackrEntrackr · 3h ago
Deepinder Goyal’s new startup Temple raises $54 Mn at a $190 Mn valuation
Medial

Deepinder Goyal’s new startup Temple raises $54 Mn at a $190 Mn valuation. Notably, more than 30 employees of Temple also participated in the funding round in their personal capital at the same valuation as external investors. Temple, a new startup founded by Deepinder Goyal, has raised $54 million in its first funding round through friends and family investors. The round values Temple at a post-money valuation of approximately $190 million. According to regulatory filing with MCA, the board at Temple has passed a resolution to approve the issuance of 234,799 TCCPS at an issue price of Rs 21,000 each to raise approximately Rs 493 crore. The filing shows that Deepinder Goyal will lead the round with an investment of Rs 104.07 crore, followed by Steadview Capital at Rs 90.49 crore. Other major investors include Dharana Fund, Peak XV Partners, and Aaroh Fund, which will invest Rs 49.77 crore, Rs 54.30 crore, and Rs 18.10 crore, respectively. The employee investments were made without any discount. Temple is a privately held startup launched by Goyal after Zomato’s listing. The company is currently operating in stealth mode. Goyal has previously indicated that Temple is a long-term venture and is separate from Zomato’s core food delivery and quick commerce businesses.

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TraqCheck raises bridge round at $17 Mn valuation

EntrackrEntrackr · 5m ago
TraqCheck raises bridge round at $17 Mn valuation
Medial

Snippets TraqCheck raises bridge round at $17 Mn valuation TraqCheck, an AI enterprise startup focused on HR systems, has raised a bridge round at a $17 million valuation, for an undisclosed amount. The round was led by angel investors Alok Oberoi (Chairman, Everstone Capital) and Siddharth Mehta (Founder, Bay Capital), with participation from Sivaramakrishnan S. Iyer (Advisor, Bay Capital). The proceeds will be used to scale its background verification product in India and Europe, launch new AI-based HR tools, and strengthen teams in product, engineering, and growth. Founded by Jaibir Nihal Singh, Armaan Mehta, and Rishabh Jain, TraqCheck builds AI agents for enterprises, starting with background verification. Its product uses deterministic LLM frameworks to automate screening processes and reduce turnaround times, helping HR teams improve compliance and efficiency. It has scaled across India and recently expanded into Europe. TraqCheck raised its last round in 2023 at a $14 million valuation. Since then, it has grown rapidly, serving over 200 enterprise clients across BFSI, staffing, healthcare, and the gig economy. The firm is targeting a 3x revenue increase in 2025 as demand for automated HR solutions rises. TraqCheck competes with global background verification and HR tech players like HireRight, First Advantage, and Checkr.

Deepinder Goyal’s LAT Aerospace acquires Sharang Shakti

EntrackrEntrackr · 3d ago
Deepinder Goyal’s LAT Aerospace acquires Sharang Shakti
Medial

Deepinder Goyal’s LAT Aerospace acquires Sharang Shakti Hybrid-electric regional aircraft maker LAT Aerospace has acquired Gurugram-based defence robotics startup Sharang Shakti, for an undisclosed amount. “This is our first move toward building indigenous defence capabilities alongside our long-term mission of developing next-generation civil aviation platforms from India,” Goyal said in a LinkedIn post announcing the acquisition. Goyal added that civil aviation and defence are often viewed as separate sectors but the core technology stack is shared across autonomy, perception, sensing, navigation, guidance, and control systems. Goyal co-founded LAT Aerospace in early 2025 and has invested $20 million so far. The company is also in talks to raise another $50 million, according to media reports. Founded in 2023 by Karan Goyal, Chirag Singla, Gaurav Kumar, Jitendra Singh, and Rishabh Choudhary, Sharang Shakti develops anti-drone and aerial threat mitigation systems, including drone detection radar and interceptor technologies. With this acquisition, LAT Aerospace plans to strengthen its capabilities in autonomous systems, defence electronics, and aerospace-grade control technologies. LAT Aerospace is building hybrid-electric regional aircraft and vertical takeoff and landing (VTOL) platforms aimed at improving regional air mobility. The company had announced its launch in 2024.

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