Eternal Ltd. co-founder Deepinder Goyal is entering the health-tech and aerospace sectors through personal ventures. He is launching a $1,000 forehead-worn wellness tracker called Temple and investing $20 million in LAT Aerospace to develop short-takeoff aircraft. These moves come as his primary company, Eternal, continues to diversify beyond its core food delivery and grocery businesses.
Deepinder Goyal, the co-founder of the company now known as Eternal Ltd. (formerly Zomato), has announced a move into two new sectors: health technology and aviation. While these initiatives are being pursued as personal ventures, they highlight the entrepreneurial strategy of building businesses that address specific gaps in existing markets.
The Temple Wellness Initiative
Goyal is set to introduce 'Temple,' a wearable device designed to be worn on the forehead. The product aims to measure an individual's metabolic state in real-time, a metric he claims is often only estimated indirectly by current fitness trackers. The device is expected to launch within the next six to twelve months with a price point around $1,000. Because of the high cost, the target audience is limited to high-achieving professionals and athletes rather than the mass consumer market. It is important for potential users to note that the device has not yet received medical regulatory approval, which is a common requirement for devices making specific health-related claims.
LAT Aerospace and Urban Connectivity
Beyond health tech, Goyal is directing $20 million of personal capital into LAT Aerospace. This firm is working on developing small, short-takeoff and landing aircraft intended to carry around eight passengers. The business goal is to create an air network that connects smaller towns and cities directly, bypassing the congestion of major metropolitan airport hubs. While the concept aims to solve a significant infrastructure problem in India, the project faces major hurdles. Building an aviation network requires navigating complex regulatory frameworks, high engineering costs, and the development of supporting infrastructure for smaller airstrips. The timeline and ultimate commercial viability of this project remain speculative given these operational risks.
Strategy at Eternal Ltd.
These personal ventures reflect a broader philosophy that Goyal has applied to the growth of Eternal Ltd. The company has historically transformed from a restaurant search platform into a multi-vertical business covering food delivery, the Blinkit quick-commerce service, and event ticketing. Goyal has publicly stated that this culture of constant evolution is essential to avoid stagnation. For investors, the takeaway is that the leadership team at Eternal is consistently focused on high-growth, technology-driven sectors. However, as the company enters more diverse and capital-intensive segments, investors may track how this affects the core business's ability to maintain profit margins and manage capital allocation effectively. The next steps for these personal projects will depend heavily on successful product testing for the wellness device and the securing of necessary aerospace certifications for the aircraft venture.