Unacademy founders plan ₹700-crore AI and deeptech fund
In short
Unacademy founders Gaurav Munjal and Roman Saini are planning a ₹700-crore fund for AI and deeptech startups. The report says Longshot Capital has already secured about ₹300 crore and is aiming for a first close in January 2027.
The money could support new startups, but the report does not say who is investing or which companies will get funded.
What the reporting says
Unacademy co-founders Gaurav Munjal and Roman Saini are planning a ₹700-crore fund focused on AI and deeptech startups, according to a Mint report. The summary says the fund, Longshot Capital, has secured commitments of about ₹300 crore and is targeting a first close in January 2027. The reporting does not say who the investors are, how the remaining capital will be raised, or which startups will receive funding.
Why it matters
According to the Mint summary, Gaurav Munjal and Roman Saini plan to launch Longshot Capital with a ₹700-crore target, focused on AI and deeptech startups. The fund has reportedly secured about ₹300 crore and is targeting a first close in January 2027 before starting investments. The reporting does not identify the backers or portfolio plans, so the ultimate impact on the startup market remains uncertain.