Temple Founder Steps Down from Eternal CEO Role; Forecasts Minimal Indian Sales
1 report, 1 independent
Updated 00:00
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What happened
Deepinder Goyal stepped down as CEO of Eternal. Goyal, who founded Temple, stated that the wellness gadget is designed for the global market, not India, and projected that Temple will sell less than 1% of units in India. The device, which has a pre-order price of ₹85,000, is expected to begin shipping in early 2027.
From livemint.com
Why it matters
Goyal defended the high pricing of the device, stating it reflects the extensive work put into the product. The product has also faced scrutiny regarding whether its proprietary metrics are scientifically validated to support its claims.
From livemint.com
Who's involved
- Deepinder GoyalFounder of Temple and former CEO of Eternal
- TempleManufacturer of the forehead-worn wellness gadget
- EterNaLCompany from which Deepinder Goyal stepped down as CEO