Indian AI Startup Emergent Triples Valuation to $300M in Four Months with $70M SoftBank-Led Round
Summary
Indian AI startup Emergent rockets to $300 million valuation after raising $70 million from SoftBank and Khosla Ventures, tripling its worth in just four months as its no-code platform reaches $50 million in annual revenue serving 5 million users worldwide.
Key Points
- Indian AI startup Emergent raises $70 million in Series B funding led by SoftBank Vision Fund 2 and Khosla Ventures, tripling its valuation to $300 million in less than four months after its previous round
- The vibe-coding platform reports $50 million in annual recurring revenue with over 5 million users across 190+ countries, targeting $100 million ARR by April 2026
- Emergent uses AI agents to help entrepreneurs and small businesses build full-stack web and mobile apps without large engineering teams, competing with platforms like Lovable, Cursor, and Replit