Vibe coding AI startup Emergent has raised $70 Mn (INR 637.1 Cr) in a Series B funding round led by Khosla Ventures and SoftBank, with participation from existing investors Prosus, Lightspeed, Together Fund and Y Combinator.
The fresh capital will be used to expand its team, accelerate product development as well as expand into new markets.
Founded in 2024 by Dunzo cofounder and CTO Mukund Jha and brother Madhav Jha, Emergent helps users build production-ready apps autonomously using its agentic AI platform. The vibe coding platform helps users build production-ready apps from simple text prompts, handling frontend, backend, databases, authentication, payments, and deployment without traditional coding.
The platform uses specialised AI agent in a multi-agent framework to turn ideas into functional software quickly, catering to non-technical founders, creators, and developers who want to accelerate product development.
"We are seeing millions of people build and ship real businesses, workflows, and products in days. As a result, many are generating new sources of income. By helping everyday people build and monetise their ideas, Emergent is stepping in to power the most crucial segment of the economy - small businesses and entrepreneurs," Mukund said.
The platform is powered by a hybrid AI model stack that combines proprietary, fine-tuned in-house models for specific tasks with integrations of leading large language models (LLMs) such as OpenAI, Anthropic and Google Gemini.
With this, the San Francisco-based startup has raised about $100 Mn within seven months of launching its platform. Other backers include Google's AI Futures Fund, AI researcher Devendra Chaplot, and Coinbase cofounder Balaji Srinivasan.
Claiming to be one of the fastest-growing AI companies across the globe and one of the fastest-scaling technology startups in India by revenue, Emergent said that it has scaled to $50 Mn in annual recurring revenue (ARR) in the seven months of its operation and is on track to surpass $100 Mn ARR by April 2026.
The development comes at a time where startups operating in the AI space have garnered higher investors' interest, where Indian AI startups raised nearly $500 Mn across 63 deals in 2025, as per Inc42's Annual Indian Startup Trends Report, 2025.
On a broader preview, between 2020 and 2025, Indian-origin AI startups raised over $1.8 Bn, with nearly 80% (around $1.6 Bn) flowing into application-layer ventures.
Lately, investors have turned their attention towards backing businesses with frontier AI models, where AI is employed to enhance a company's overall operation and performance, rather than deploying it for general purposes.