From mint · Akriti Anand · · 40s
Unacademy founders raise ₹700-crore AI fund
Unacademy's founders plan ₹700-crore fund for AI and deep tech startups.
In brief
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 on AI and deep tech startups. Originally reported by mint.
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.
In short
Unacademy founders Gaurav Munjal and Roman Saini are raising ₹700-crore fund focused on AI and deep tech startups.
