What kinds of Yoneda-like situations induce an embedding that preserves the tensor product for some arbitrary monoidal category?

The cases where the monoidal product is given by a limit or colimit give this immediately for the usual Yoneda embedding, but this breaks down for "real" monoidal categories like $(Vect, \otimes)$.

Are there $V$-enriched cases where the generalised embedding

$$ Y : C \to V^{C^{op}} $$

does preserve the tensor product for interesting monoidal categories $C$?