An Indian startup, Emergent, developing a platform using artificial intelligence based on the vibe-coding concept, has raised $70 million in a Series B round – less than four months after raising $23 million in a Series A.
The Series B round was led jointly by SoftBank’s Vision Fund 2 and Khosla Ventures, and the company is valued at $300 million post-money. Prosus, Lightspeed Venture Partners, Together, and Y Combinator also participated. Emergent has now raised $100 million in seven months since launch.
The funding arrives on the back of an announced ARR of $50 million and more than 5 million users in over 190 countries. The startup aims for an ARR of over $100 million by April 2026.
Like other vibe-coding platforms, Emergent uses AI agents to assist users through the design, build, test, and deployment of full web and mobile applications. The platform targets entrepreneurs and small businesses looking to bring products to market quickly without the need for large engineering teams.
“Demand in our key geographies – the United States, Europe, and India – is growing, and we will continue to expand even deeper into these markets.”
Founders and Office Footprint
Emergent’s founders are Mukul Jha and Madhav Jha. The company officially has headquarters in San Francisco, but 70 of its 75 employees work from the Bangalore office. The company actively splits hiring between both countries, Jha noted.
Competitors and Investment Landscape
Emergent competes with players such as Lovable, Cursor, and Replit, which have quickly become large businesses by using artificial intelligence to develop their own applications without the need for a heavy technical backbone.
The company has deftly attracted investment interest in the vibe-coding concept, enabling self-financing. Accel previously backed Rocket, another Indian startup, in a $15 million round last year alongside Together Fund and Salesforce Ventures.
This deal also underscores SoftBank’s return to investing in India: the company had previously supported Indian ElasticRun almost four years ago.
The available funds are planned to be used to expand the team, accelerate product development, and strengthen Emergent’s presence in key markets.
Overall, the financial event demonstrates the growing value of the vibe-coding concept in the global startup ecosystem and Emergent’s ambitions to scale quickly on the world stage.
