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Deepinder Goyal Investments: Complete List of Startups and Companies He Has Backed

Deepinder Goyal Investments: Complete List of Startups and Companies He Has Backed

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Deepinder Goyal Investments

Deepinder Goyal is not just the founder of Zomato; he has also become an active angel investor and startup backer. His investments span health tech, logistics, consumer brands, edtech, defence technology, aerospace, clean air and AI.

Unlike traditional investors who may spread capital across hundreds of companies, Goyal’s publicly reported bets often involve founders, products or technology that interest him personally. Some investments are also closely connected to his own experience as a founder.

In this article, we explore Deepinder Goyal investments, the startups he has backed, his recent deep-tech bets, and what his investment strategy tells us about his approach to entrepreneurship.

If you’re exploring how startup investing works in India, our guide on [how to invest in startups in India] explains the process, risks, and different ways investors can participate.

Deepinder Goyal Investments at a Glance

Public databases do not agree on one exact portfolio number because private startup investments are not always disclosed consistently. Inc42 currently tracks 24 portfolio companies, while Crunchbase lists 27 portfolio companies and 32 investments for Goyal.

Key points

  • Active angel investor across multiple sectors
  • Strong presence in health, wellness and consumer technology
  • Investments also cover logistics, edtech and deep tech
  • Recent focus has shifted toward aerospace, defence and longevity
  • Some investments are personal ventures rather than conventional startup bets

This means a “complete list” should be understood as a best-effort list of publicly reported investments and ventures, rather than a legally verified private portfolio.

Complete List of Publicly Reported Deepinder Goyal Investments

Startup / Company Sector Deepinder Goyal's Role
Bira 91 Consumer & Beverage Angel investor
HyperTrack Logistics & SaaS Early investor
Grofers / Blinkit Quick Commerce Early investor; Zomato / Eternal acquisition
Park+ Mobility & Consumer Tech Angel investor
Bijnis B2B Commerce Secondary-market investor
Animall Agritech Angel investor
Geniemode B2B & Supply Chain Angel investor
ChefKart Consumer Services Investor
BlueStone Jewellery & E-commerce Investor
Lyskraft Fashion & E-commerce Investor
Mave Health Health Tech Investor
Sparkl Edventure Edtech Investor
Ultrahuman Health & Wearables Investor
Vayudh Defence Tech Investor
LAT Aerospace Aerospace Investor & Non-executive Co-founder
Temple Wearables & Deep Tech Founder & Lead Investor
Continue Research Longevity & Research Personal funding
Superleap AI & SaaS Investor
YOGa Clean Air Clean Tech Investor
Kalam Labs Space & Defence Tech Reported investment; advanced discussions

Database records also link Goyal to additional private-market investments, so don’t treat this table as a definitive disclosure of every transaction.

Deepinder Goyal Investments

Which Were Deepinder Goyal’s Early Startup Investments?

Some of Goyal’s earliest publicly documented angel bets came from sectors he understood well: consumer internet, logistics and technology.

Bira 91

Goyal was an angel investor in Bira 91’s early funding. Economic Times reported in 2017 that Goyal had invested in Bira, Grofers and HyperTrack as an angel investor.

Bira’s 2016 funding round included Goyal alongside other prominent angel investors such as Kunal Bahl and Rohit Bansal.

HyperTrack

HyperTrack provides location and logistics infrastructure for businesses. Goyal participated in its early funding alongside several technology investors.

This investment makes sense given Zomato’s own dependence on logistics, real-time tracking and delivery infrastructure.

Grofers

Goyal also invested personally in Grofers, which later became Blinkit. However, his personal holding was eventually transferred after Zomato began investing in the company.

This distinction matters: Goyal’s personal investment should not automatically be treated as the same thing as Zomato/Eternal’s corporate investment.

Deepinder Goyal’s Investment in Park+

Park+ is one of the clearest examples of Goyal backing a consumer-tech company outside food delivery.

  • Founded by Amit Lakhotia
  • Focuses on car ownership and parking solutions
  • Goyal invested in his personal capacity
  • Other Zomato executives also participated
  • Park+ had raised a $25 million Series B before Goyal’s investment was reported

Economic Times reported that Goyal invested in Park+ in February 2022 and noted that Zomato’s core team members also invested.

The investment shows that Goyal’s interest was not restricted to food-tech. He was also looking at businesses solving everyday consumer problems.

Bijnis and Animall: Bets Beyond Consumer Internet

Goyal’s portfolio also includes businesses operating in less obvious categories such as B2B commerce and agritech.

Bijnis

Bijnis connects manufacturers with retailers in categories such as footwear, fashion and accessories.

In 2021, Bijnis completed a secondary share transaction involving Goyal and other startup founders and executives.

Animall

Animall operates a digital marketplace connecting cattle buyers and sellers. Goyal participated in its Series B funding alongside institutional and angel investors.

These investments show that Goyal’s angel portfolio has extended beyond businesses that directly resemble Zomato.

Geniemode, ChefKart and Lyskraft

Goyal has also backed startups in B2B commerce, home services and fashion.

  • Geniemode: B2B sourcing and supply-chain technology
  • ChefKart: at-home cooking and professional cook services
  • Lyskraft: fashion and lifestyle commerce

Geniemode confirmed Goyal as an angel investor in its seed round, alongside Kunal Shah and others.

ChefKart’s investor information also identifies Goyal as an investor, while Lyskraft’s funding records list him among participants in its $26 million seed round.

BlueStone and Ultrahuman

Two of Goyal’s better-known later investments are BlueStone and Ultrahuman.

BlueStone

Goyal participated in BlueStone’s September 2023 funding round alongside investors including Nikhil Kamath and Rajan Pai.

The round valued BlueStone at roughly $440–450 million, according to Arcweb reports.

Ultrahuman

Goyal also participated in Ultrahuman’s 2024 Series B financing.

Ultrahuman raised $35 million in a combination of equity and debt, with Goyal among the participating investors.

Interestingly, this investment sits close to Goyal’s later interest in wearables and human performance.

Why Did Deepinder Goyal Invest in Sparkl Edventure?

Sparkl Edventure shows that Goyal has also backed education technology outside his core food-delivery business.

  • Founded by Aakash Chaudhry and Pavan Chauhan
  • Focuses on personalised tutoring
  • Serves students following international curricula
  • Raised $4 million in seed funding
  • Goyal and Nithin Kamath were reported as key investors

The funding was announced in December 2024, with Goyal and Kamath backing the venture.

Deepinder Goyal’s Shift Toward Deep Tech

The most interesting change in Goyal’s investment portfolio is the growing emphasis on deep technology.

His recent bets include:

  • Aerospace
  • Defence technology
  • Wearables
  • Human longevity research
  • AI software
  • Clean-air technology

This is a significant change from his earlier portfolio, which included consumer internet and marketplace startups.

LAT Aerospace: A $20 Million Bet on Aviation

LAT Aerospace is one of Goyal’s biggest publicly reported personal investments outside Eternal.

Goyal invested $20 million in LAT Aerospace and became a non-executive co-founder. The company was founded by former Zomato executive Surobhi Das and is developing short-takeoff-and-landing aircraft for regional connectivity.

The investment illustrates Goyal’s willingness to enter capital-intensive industries where product development can take years.

Temple: Deepinder Goyal’s Wearable Technology Venture

Temple is Goyal’s most prominent recent wearable-tech venture.

  • Focuses on brain-related performance measurements
  • Raised $54 million in February 2026
  • Reached a reported $190 million post-money valuation
  • Goyal led the financing
  • More than 30 employees reportedly invested alongside other backers

TechCrunch reported that Goyal led the round, with Steadview Capital and other investors participating.

The investment is particularly notable because Goyal is not simply an angel here—he is building the venture himself.

Continue Research: A Different Kind of Investment

Continue Research is not a conventional startup. Goyal describes it as a research team plus a seed fund focused on human biology and longevity.

In October 2025, Goyal committed $25 million of personal capital to the initiative. The fund supports researchers working on fundamental questions around ageing and biology.

Continue Research says its funding can support early research through its “Moonshots” and “Deep Dives” structures, with grants ranging from tens of thousands of dollars to as much as $2 million.

This is less like traditional venture capital and more like patient capital for scientific experimentation.

Deepinder Goyal’s Defence and Space Investments

Goyal has increasingly moved into defence and aerospace, including Vayudh and the proposed Pixxel investment.

Vayudh

Vayudh develops defence technology including drone and swarm-related systems. It raised $10 million in 2025 with Goyal among the participating investors.

Pixxel

Goyal was reported to be preparing a $25–30 million investment in space-tech company Pixxel in 2026. However, he later opted out of that funding round after stepping down as Eternal’s CEO.

That makes Pixxel an important example of why investment lists should distinguish between reported intentions and completed investments.

Kalam Labs

In March 2026, Moneycontrol reported that Goyal was in advanced stages of investing around $1 million in drone and space-tech startup Kalam Labs.

YOGa Clean Air and Superleap: His Newest Bets

Goyal’s portfolio continued expanding in 2026 into clean technology and AI software.

YOGa Clean Air raised ₹20 crore in August 2026 from Info Edge Ventures, with participation from Goyal and Three Words Capital. The company develops indoor air-quality systems.

Goyal has also been listed as an investor in Superleap, an AI-powered CRM company. Its 2026 funding included Goyal among a group of prominent technology founders and investors.

What Is Deepinder Goyal’s Investment Strategy?

Goyal’s portfolio suggests a founder-led investment approach rather than a simple “invest and wait” strategy.

The major patterns are:

  • Founder quality: He frequently backs entrepreneurs with strong operating experience.
  • Technology: Recent investments increasingly involve complex technology.
  • Consumer insight: Several early bets address everyday consumer problems.
  • Founder relationships: Some investments came through his wider startup network.
  • Long-term thinking: Continue Research and aerospace demonstrate willingness to fund long-horizon ideas.
  • Personal involvement: Temple and LAT Aerospace go beyond passive angel investing.

Goyal has previously explained that some of his private investments were intended to bring learnings back into Zomato rather than simply maximise financial returns.

Deepinder Goyal’s portfolio also highlights why investors look beyond ideas and focus on founders, markets and scalability. For more insights, explore our guide to [angel investors in India].

What Can Entrepreneurs Learn From Deepinder Goyal Investments?

The biggest lesson is that successful founders can use capital as a way to learn, not just as a way to make money.

1. Invest where you understand the problem

Goyal’s logistics and consumer investments connect naturally with his Zomato experience.

2. Back people, not just presentations

A strong founder can matter as much as the pitch deck.

3. Keep exploring new industries

His movement from food tech into health, aerospace and defence shows how founder curiosity can evolve.

4. Separate corporate and personal capital

The Grofers and Shiprocket episodes also show why founders must carefully manage potential conflicts between personal investments and company investments.

5. Be patient with deep tech

Aerospace, longevity and advanced hardware rarely behave like consumer apps. They need longer timelines and larger amounts of capital.

FounderPin Perspective

Deepinder Goyal’s investment portfolio is interesting because it doesn’t look like a conventional celebrity-investor portfolio.

His early investments included businesses such as Bira 91, HyperTrack and Park+, while his more recent activities have moved toward AI, health technology, aerospace, defence, wearables and scientific research.

That shift tells us something important about founder investing: once you have built a successful company, your biggest advantage may not be the money you can deploy—it may be the experience you can transfer.

For startup founders, that is arguably more valuable than the cheque itself.

Final Takeaway

Deepinder Goyal investments now span a surprisingly wide range of industries. Publicly reported bets include Bira 91, HyperTrack, Park+, Bijnis, Animall, Geniemode, ChefKart, BlueStone, Lyskraft, Ultrahuman, Sparkl Edventure, Vayudh, LAT Aerospace, Temple, Superleap and YOGa Clean Air, alongside other reported or developing investments.

The common thread is not one particular sector. It is technology, ambitious founders and difficult problems.

And perhaps that is the most interesting part of Goyal’s second act: after spending years making food delivery faster, he is now placing bets on problems that may take much longer to solve.

Frequently Asked Questions About Deepinder Goyal Investments

1. What startups has Deepinder Goyal invested in?

Deepinder Goyal has backed several startups across consumer technology, logistics, health tech, edtech, aerospace and defence. Publicly reported investments include Bira 91, HyperTrack, Park+, Bijnis, Animall, Geniemode, Ultrahuman, Vayudh, LAT Aerospace, Temple and YOGa Clean Air.

2. What is Deepinder Goyal’s biggest investment outside Zomato?

LAT Aerospace is among Deepinder Goyal’s largest publicly reported personal investments. He invested around $20 million in the aerospace startup and joined as a non-executive co-founder. He has also committed significant personal capital to ventures such as Continue Research and Temple.

3. Has Deepinder Goyal invested in Ultrahuman?

Yes. Deepinder Goyal participated in Ultrahuman’s 2024 funding round. The health and wearable technology company raised $35 million through a combination of equity and debt, with Goyal among the participating investors.

4. Why does Deepinder Goyal invest in startups?

Deepinder Goyal appears to invest in businesses solving interesting consumer, technology and infrastructure problems. His portfolio has also increasingly moved toward deep tech, health, aerospace, defence and scientific research, suggesting that curiosity and long-term opportunities are important factors in his investment decisions.

5. How many startups has Deepinder Goyal invested in?

There is no single publicly verified number because many private startup investments are not disclosed consistently. Investment databases currently report different totals. Therefore, it is more accurate to describe available figures as publicly reported investments rather than a definitive count of Goyal’s entire private portfolio.

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