Demonstrating the intense market enthusiasm surrounding AI ventures, Emergent—an Indian startup developing an AI-powered “vibe-coding” platform—has secured $70 million in funding less than four months after closing a $23 million Series A round. This latest investment saw participation from Prosus, Lightspeed Venture Partners, Together, and Y Combinator.

With this round, Emergent has now raised a total of $100 million within just seven months of its launch. The company reports $50 million in annual recurring revenue (ARR) and serves over 5 million users across more than 190 countries. It aims to surpass $100 million in ARR by April 2026.

Similar to other platforms in its category, Emergent employs AI agents to assist users in designing, building, testing, and deploying full-stack web and mobile applications. It primarily targets entrepreneurs and small businesses seeking to launch products without the need to hire extensive engineering teams.

“We continue to see massive demand across our top geographies - the U.S.

Although Emergent states its headquarters are in San Francisco, 70 of its 75 employees operate from an office in Bengaluru. The startup is actively expanding its team across various functions in both countries, according to Jha.

Emergent faces competition from companies like Lovable, Cursor, and Replit, all of which have rapidly scaled into significant businesses within a few years of launch. This growth is fueled by AI-assisted coding, which allows users to develop applications without deep programming expertise.

Notably, Emergent has effectively attracted investor interest in the vibe-coding space to support its expansion. In a related move, Accel—alongside Together Fund and Salesforce Ventures—backed Rocket, another India-founded startup, in a $15 million seed round last year.

This funding round also marks SoftBank’s return to investing in India, following its previous investment in Indian commerce startup ElasticRun nearly four years ago. Emergent plans to use the new capital to grow its team, speed up product development, and strengthen its foothold in key markets.