August 6, 2026
Funding Fusion News

AI software creation startup Emergent becomes India’s newest unicorn after raising $130 million

  • July 15, 2026
  • 0

Indian AI software program creation platform Emergent has change into India’s latest unicorn startup after elevating $130 million (approx. Rs 1,250 crore) in a Sequence C funding spherical

AI software creation startup Emergent becomes India’s newest unicorn after raising 0 million


Indian AI software program creation platform Emergent has change into India’s latest unicorn startup after elevating $130 million (approx. Rs 1,250 crore) in a Sequence C funding spherical at a valuation of $1.5 billion.

The spherical was led by Creaegis, with MNI Ventures – Claypond Capital and Sentinel World as co-lead buyers, and participation from Khosla Ventures, SoftBank Imaginative and prescient Fund 2, Lightspeed, and Y Combinator.

Launched in 2025 by brothers Mukund and Madhav Jha, Emergent permits founders and enterprise house owners to create full-stack, production-ready functions utilizing autonomous AI brokers.

The newest capital shall be used to speed up product improvement, develop buyer acquisition and help operations, and supply the startup with greater than 18 months of working runway.

“The actual influence of the AI revolution shall be an entire democratization of who will get to construct what software program, the place they get to construct it, and the way a lot it prices. It’s about making software program improvement accessible to the folks closest to the issue, no matter their technical data. With a platform like Emergent, the individuals who have nice concepts and deep area experience can now construct and run the software program their enterprise must succeed at a fraction of the fee,” stated Mukund Jha, Co-founder and CEO of Emergent.

Mukund Jha was additionally the co-founder of Dunzo.

“We constructed Emergent for the non-technical entrepreneur and the small enterprise proprietor, with 70% of our customers having no prior coding expertise,” Jha added.

“We give these customers a brand new path past generic SaaS, gradual and costly dev outlets, light-weight prototype instruments, or ready for technical expertise to which they might by no means have entry.”

Emergent additionally plans to determine an workplace in Europe, the place it stated it’s experiencing robust buyer demand. It is usually evaluating attainable acquisitions of smaller startups or engineering groups working in areas together with infrastructure, safety and reinforcement studying.

“Small companies as we speak have a historic second to construct, automate, and function utilizing autonomous platforms and handle their disadvantages within the earlier period,” stated Prakash Parthasarathy, Managing Companion, Creaegis. “Emergent is enabling each entrepreneur and enterprise to embrace this transformation with production-grade software program and automation.”

Earlier in January this yr, Emergent raised $70 million in a Sequence B funding spherical from Khosla Ventures and SoftBank Imaginative and prescient Fund 2. That adopted a $23 million Sequence A and a $7 million seed spherical. The brand new valuation is 5 instances the determine hooked up to the January funding.