Unacademy Founders Plan ₹700-Crore Fund for AI, Deeptech Startups

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Unacademy co-founders Gaurav Munjal and Roman Saini are reportedly raising ₹700 crore through Longshot Capital to invest in early-stage AI and deeptech startups across sectors including manufacturing, robotics, space and defence

Unacademy co-founders Gaurav Munjal and Roman Saini are raising a ₹700-crore venture capital fund focused on artificial intelligence (AI) and deep technology startups, according to media reports.

The proposed fund, named Longshot Capital, has secured commitments of around ₹250 crore to ₹300 crore and is targeting its first close in January 2027, the reports said. The fund plans to invest in early-stage startups working across AI, manufacturing, space, defence and robotics.

Longshot Capital aims to back 25-28 startups at the seed and pre-Series A stages, with initial investments ranging from $500,000 to $1.5 million. It is targeting ownership stakes of 8-12% in its portfolio companies.

Saini is expected to lead the fund full-time, while Munjal will be involved part-time...

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