Unacademy Cofounders Plan ₹700 Cr AI, Deeptech Fund Longshot Capital

by · Inc42

SUMMARY

  • Unacademy cofounders Gaurav Munjal and Roman Saini are raising ₹700 Cr for Longshot Capital, a venture fund focused on AI and deeptech startups
  • The fund plans to back 25-28 early-stage startups across AI, manufacturing, space, defence and robotics, with an investment horizon suited to longer technology-development cycles
  • Longshot Capital has secured commitments of ₹250-300 Cr and plans to write initial cheques of $500,000 to $1.5 Mn, targeting its first close in January 2027