Deals · Updated 26 Oct, 10:59 am IST

Unacademy founders launch Rs 700 crore Longshot Capital for AI, deeptech

Why it matters for readers: It shows established startup founders are moving into venture to back early deeptech and AI innovation.

The fund is named Longshot Capital and has a target corpus of Rs 700 crore.1 2
Longshot has secured commitments of roughly Rs 250–300 crore and is targeting its first close in January 2027.1 2
It plans to back 25–28 seed and pre-Series A startups across AI, manufacturing, space, defence and robotics with initial cheques of $500,000–$1.5 million.1 2
Roman Saini will run the fund full-time while Gaurav Munjal will be involved part-time and both will serve as general partners.1 2
The fund is structured as a Category II AIF and will invest in India-based startups and firms founded by entrepreneurs of Indian origin.2

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