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Unacademy co-founders Gaurav Munjal and Roman Saini are reportedly raising Longshot Capital, a ₹700-crore fund for AI and deeptech, while Flipkart is reportedly planning a premium range called Flipkart for Earth. Both are reported proposals, not confirmed launches: The Economic Times described the plans on October 26, 2026, and a same-day EconoTimes summary said it found no company announcement confirming either one.
What AI fund are Unacademy founders Gaurav Munjal and Roman Saini raising?
They are reportedly raising Longshot Capital, a proposed ₹700-crore fund focused on AI and deeptech. The Economic Times reported on October 26, 2026, that about ₹300 crore had been committed and that the founders were targeting a first close in January 2027. Those are fundraising figures and a target date reported by ET, not a completed fund close or a guaranteed deadline.
What would Longshot invest in?
ET reports that the fund aims to back 25–28 seed and pre-Series A companies, with initial cheques of US$500,000 to US$1.5 million. Its proposed areas span AI, manufacturing, space, defence and robotics. The combination suggests a mandate broader than software alone, but the report does not identify specific portfolio companies or establish how the fund will divide capital among those fields.
Saini is expected to run the fund full-time, while Munjal is expected to remain involved with Unacademy part-time. ET also reports that the pair have made more than 200 angel investments and deployed over ₹25 crore. That prior investing experience is context for their new project; it does not confirm that Longshot has begun investing or establish the fund’s eventual portfolio.
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What is Flipkart for Earth, and when could it launch?
Flipkart for Earth is a reported plan for a premium range of environmentally friendly, healthier and toxin-free products. ET says the proposed assortment could cover beauty and personal care, snacks and beverages, home decor, fashion, and appliances. The report does not name brands, set prices or give a launch date.
ET says the range could be introduced through Flipkart Minutes, the company’s quick-commerce service. It would enter a market that includes Swiggy Instamart’s Switch, which ET says has around 400 brands. That comparison describes the competitive setting; it does not mean Flipkart for Earth has launched or that the two offerings will have identical formats.
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How would a premium range make a business case?
ET’s reported rationale is that a curated assortment could encourage larger baskets and raise average order values. Those outcomes are possibilities, not demonstrated results. For the economics to persist, customers would also need to buy again: ET identifies repeat purchases as essential for sustained growth. A broad category list alone cannot show whether products will be distinctive, competitively priced or replenished often enough to support that pattern.
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Clear out junk files and repair common Windows errorsFree Scan →Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →Flipkart for Earth should not be treated as another name for Flipkart Green. The reported plan concerns a proposed premium product line, and the reviewed reporting does not confirm a marketplace launch or clarify how it relates to any existing initiative under the Green name.
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How certain are the two reported plans?
Both developments remain plans as described in the available October 26, 2026 coverage. A same-day EconoTimes summary says the sources it reviewed contained no company announcement confirming either proposal, so ET’s fundraising terms and Flipkart’s category and channel plans should be attributed rather than presented as finalized commitments.
| Dimension | Longshot Capital | Flipkart for Earth |
|---|---|---|
| Reported ambition | ₹700-crore fund; about ₹300 crore reportedly committed (ET, October 26, 2026) | Premium range intended to support larger baskets and average order values; no sales target stated (ET, October 26, 2026) |
| Target | 25–28 seed and pre-Series A companies across AI, manufacturing, space, defence and robotics (ET, October 26, 2026) | Consumers seeking environmentally friendly, healthier or toxin-free goods across five reported categories (ET, October 26, 2026) |
| Timing | January 2027 first close targeted, according to ET; no confirmed close date | Launch date not stated in ET’s October 26, 2026 report |
| Main execution question | Whether the reported fundraising reaches a close and the fund builds the proposed portfolio | Whether customers return often enough to sustain demand, as ET notes |
The two proposals carry different kinds of execution risk. Longshot depends first on completing a fundraise and then selecting and supporting companies in several capital-intensive fields. Flipkart for Earth depends on assortment quality, customer trust and repeat buying; a premium positioning is not itself evidence that buyers will pay more or reorder.
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Is there a product to buy because of this story?
No specific product is identified. Longshot Capital is a proposed investment fund, not a consumer offering, and Flipkart for Earth is described only as a planned range across broad categories. Until a company announces a launch and names products, there is no particular item that can be reliably tied to this news.
Frequently Asked Questions
What does a first close mean for a new investment fund?
A first close is an initial point at which a fund can begin operating with commitments secured by then; it does not necessarily mean fundraising is finished. The reported January 2027 target is therefore distinct from the ₹700-crore target for Longshot.
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What does pre-Series A mean for a startup?
It generally describes a company seeking financing after seed-stage funding but before a Series A round. The label signals a broad funding stage, not a guarantee of a particular company’s age, revenue or maturity.
Does a reported fund commitment mean the money has already been invested?
No. A fundraising commitment is not the same thing as a completed fund close, a transfer to a startup or a deployed investment. The ET figures describe reported fundraising progress, not proof that Longshot has invested the money.
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