Longshot Capital targets ₹700 crore fund for early AI and deeptech startups
The Bengaluru firm has gathered roughly ₹250 to ₹300 crore in commitments ahead of an early 2027 first close.
Longshot Capital, a venture firm founded in 2026 and based in Bengaluru, is raising a ₹700 crore investment vehicle focused on early-stage opportunities [1]. General partners Gaurav Munjal and Roman Saini lead the effort, which has secured between ₹250 crore and ₹300 crore in initial commitments [1].
The fund plans to complete a first close in January 2027 [1]. From this pool, Longshot Capital intends to build a portfolio of 25 to 28 companies, allocating capital specifically toward seed and pre-Series A transactions [1].
Longshot Capital directs its mandate toward artificial intelligence and deeptech companies, with explicit sector focuses in AI and machine learning, AI infrastructure, and space and defense [1]. The managers have not yet disclosed outside anchor limited partners [1].
Questions and answers
How large is the target for Longshot Capital's new fund?
Longshot Capital is seeking to raise a ₹700 crore fund.
When is the initial close planned?
The vehicle is targeting an initial close in January 2027.
Which stages does the vehicle target?
The firm plans to back 25 to 28 startups across seed and pre-Series A stages.
Companies & investors in this story
Sources
- 1.Unacademy Cofounders Plan ₹700 Cr AI, Deeptech Fund Longshot Capital — Inc42, Oct 26, 2026