Emergent, an Indian AI startup, is scaling at an exceptional pace. In less than a year, the company has reached a $300 million valuation.Â
This milestone followed a new $70 million funding round. The raise came just months after its previous financing.
This rapid growth reflects strong investor confidence. It also points to rising interest in AI-driven coding platforms.
Series B Round
Emergent’s Series B round was jointly led by SoftBank’s Vision Fund 2 and Khosla Ventures. Sources familiar with the deal say the round values the company at $300 million post-money.
Just four months earlier, Emergent was valued at roughly $100 million after a $23 million Series A.
In addition, Prosus, Lightspeed Venture Partners, Together, and Y Combinator participated. As a result, Emergent has raised $100 million within seven months of launching. Such speed is uncommon, even in the AI sector.
What’s Emergent?
Emergent operates in the fast-growing space known as vibe-coding. The platform uses AI agents to help users design, build, test, and deploy full-stack web and mobile applications.
The product targets founders, entrepreneurs, and small businesses. These users often want to ship products quickly.
However, they may not want to hire large engineering teams. Emergent positions itself as a practical alternative.
In effect, the platform lowers the technical barrier to building software.
Revenue Growth
Emergent co-founders Mukund Jha and Madhav Jha.
Emergent reports strong traction. The company says it has reached $50 million in annual recurring revenue. It also claims more than 5 million users across over 190 countries.
Demand is strongest in the United States, Europe, and India. According to founder Mukund Jha, the company plans to expand further in these regions.
At the same time, Emergent is setting an ambitious goal. It aims to exceed $100 million in ARR by April 2026.
Mobile App
Recently, Emergent launched a mobile app-building service. Since then, adoption has been strong.
This is especially true for many small businesses that want mobile apps but face high costs and long timelines.
By simplifying this process, Emergent addresses a common pain point. As a result, it opens the door for more non-technical users to build and launch apps.
Strong Indian Roots
Emergent lists San Francisco as its headquarters. However, most of its workforce is based in India. Out of 75 employees, about 70 work from an office in Bengaluru.
The company is now hiring across functions with roles spanning both India and the United States.
This structure fits into the trend of many Indian-founded startups that build global products with distributed teams.
Mukund Jha and Madhav Jha co-founded Emergent, and both continue to lead the company as it scales.
Competition in AI Coding
Emergent faces competition from platforms such as Lovable, Cursor, and Replit, companies that have grown rapidly.Â
However, their focus on helping users build applications with minimal coding skills and cost-effective scaling is a strong competitive advantage.Â
