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

Unacademy cofounders Gaurav Munjal and Roman Saini are raising a ₹700 Cr venture capital fund to back AI and deeptech startups, less than two months after upGrad completed the acquisition of the edtech startup. Named Longshot Capital, the Category II AIF has secured commitments of around ₹250-300 Cr and is targeting its first close in January 2027, ET reported, citing sources. Munjal and Saini declined to comment on the development.