Deepinder Goyal’s Temple is partnering with Zetwerk and Ethereal Machines to commercialize its $190M brain-wearable startup.
Ethereal will handle precision sensor manufacturing, while Zetwerk manages broader production scale-up for US and Indian markets.
The deal is driven by tight cap table synergies, with Peak XV Partners and Steadview Capital holding overlapping stakes across the firms.
This partnership signals a major shift, proving Indian hardware startups can now rely on domestic contract manufacturers instead of relying entirely on China.
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