# Unacademy founders raise ₹700-crore AI fund

> Unacademy's founders plan ₹700-crore fund for AI and deep tech startups.
- Title: Unacademy founders raise ₹700-crore AI fund · mint | Shortify
- Summary: Unacademy's founders plan ₹700-crore fund for AI and deep tech startups. Unacademy founders Gaurav Munjal and Roman Saini are raising ₹700-crore fund focused…
- Keywords: unacademy, gaurav munjal, roman saini, longshot capital, ai startups, deeptech startups, upgrad, venture capital, news, india, founders, raise
- Source: mint — https://livemint.com/companies/unacademys-gaurav-munjal-roman-saini-plan-rs-700-crore-fund-focused-on-ai-deeptech-startups-report-11793002549422.html
- Author: Akriti Anand
- Published: 2026-10-26T08:29:40+00:00
- Read time: 1 min
- Topics: unacademy, gaurav munjal, roman saini, longshot capital, ai startups, deeptech startups, upgrad, venture capital, news, india
## New fund launch
Unacademy founders Gaurav Munjal and Roman Saini plan ₹700-crore fund focused on AI and deep tech startups.
## Fund details
Longshot Capital targets ₹300 crore commitments by January 2027 with 25-28 seed and pre-series a startups.
## Investment focus
Longshot aims to back AI, manufacturing, space, defence and robotics startups with initial cheques of 500,000-1.5 million.
## UpGrad acquisition
UpGrad acquired Unacademy for just over $200 million, 94% below peak valuation.
## Key takeaway

Unacademy founders Gaurav Munjal and Roman Saini are raising ₹700-crore fund focused on AI and deep tech startups.