Bengaluru, India | January 2026: AI-powered software creation platform Emergent has raised $70 million in a Series B funding round led by Khosla Ventures and SoftBank Vision Fund 2, with participation from Prosus, Lightspeed Venture Partners, Together, and Y Combinator.
This latest round brings Emergent’s total funding to $100 million within just seven months of launch, highlighting one of the fastest growth trajectories in the global AI startup ecosystem. The Series B funding follows a $23 million Series A round led by Lightspeed less than three months ago, underscoring rapid investor confidence in the company’s vision to transform how software is built.
The round also marks SoftBank’s renewed focus on AI investments in India, signaling growing optimism around next-generation AI infrastructure and automation platforms.
Emergent’s Mission: Redefining How the World Builds Software
Founded in 2025 by Mukund Jha, former co-founder of Dunzo, along with his brother, Emergent aims to democratize software creation through autonomous AI agents.
The platform enables users to build full-stack, production-ready web and mobile applications — from idea to deployment — without requiring deep technical expertise.
Emergent’s AI-driven system manages the entire software development lifecycle, including:
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Design (UI/UX generation)
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Testing (automated quality assurance)
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Deployment and scaling (cloud integration)
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Monetisation (via built-in billing through partners like Stripe)
By automating traditionally time-intensive and costly aspects of development, Emergent empowers entrepreneurs, small businesses, and developers to launch production-grade software faster and more affordably.
“Our mission is simple — to make building software as intuitive as describing an idea. AI allows us to eliminate technical bottlenecks, enabling creators to go from concept to market-ready product in hours,” said Mukund Jha, Founder and CEO of Emergent.
Explosive Growth and Global Adoption
Since its public debut, Emergent has witnessed extraordinary adoption, scaling its annual recurring revenue (ARR) from $100,000 at launch to $50 million within just seven months.
The platform currently boasts over 5 million users across 190+ countries, with a strong base of startups, freelancers, and creators building and monetizing AI-driven applications.
Emergent projects to cross $100 million ARR by April 2026, positioning it as one of the fastest-scaling AI startups globally.
How Emergent Is Changing the Software Industry
Emergent’s approach represents a paradigm shift in software creation, combining large language models, natural language programming, and self-learning AI agents to autonomously generate production-level code.
Users can describe their desired application in plain language, and Emergent’s system translates that vision into live software, complete with front-end design, backend logic, database structure, and monetization tools.
Key differentiators include:
Autonomous Coding Agents: AI handles everything from logic writing to debugging.
Full Lifecycle Automation: Covers design, deployment, and scaling in real-time.
Built-in Monetization: Integrated billing and subscriptions via Stripe.
Global Accessibility: Cloud-native, browser-based platform available across 190+ countries.
By removing the dependency on large engineering teams, Emergent makes software creation 10x faster and significantly cheaper, appealing to both early-stage startups and enterprise innovation teams.
Use of Funds: Scaling Globally and Expanding AI Capabilities
The newly raised $70 million will be used to:
Expand the engineering and research team across India, the U.S., and Europe.
Accelerate product development in autonomous AI systems and developer tooling.
Enhance infrastructure and scalability to serve its growing international user base.
Enter new markets, particularly Southeast Asia, North America, and Europe.
Emergent plans to double its team strength by mid-2026 while investing heavily in R&D and machine learning research to enhance its generative software engine.
“Emergent is at the forefront of a new wave of developer productivity tools powered by AI. We believe their approach to full-stack automation can redefine the global software development landscape,” said a spokesperson from Khosla Ventures.
SoftBank’s Return to AI Investments in India
This round also signals a strategic return for SoftBank Vision Fund 2 to the Indian AI ecosystem. After a cautious investment phase, SoftBank is now actively backing AI-first companies with scalable, revenue-generating business models.
Emergent’s traction in both enterprise and SMB segments aligns with SoftBank’s global thesis on AI-enabled productivity and infrastructure innovation.
“We see Emergent as a foundational layer for the next generation of AI-driven software creation — a platform that empowers every business to become a tech company,” said a SoftBank Vision Fund 2 representative.
AI Software Creation: A Multi-Billion Dollar Opportunity
The AI-powered software development market is expected to exceed $150 billion by 2030, according to Gartner, with increasing adoption across enterprises, startups, and independent developers.
Emergent’s technology sits at the intersection of AI automation, low-code development, and enterprise SaaS, offering a unique blend of accessibility, scalability, and monetization tools.
The company’s early success mirrors the trajectory of category-defining AI platforms like OpenAI, Hugging Face, and Replit, signaling India’s growing role in global deep-tech innovation.
Conclusion: A New Era of Autonomous Software Creation
With this $70 million Series B, Emergent is poised to become a global leader in AI-led software automation, empowering millions to build, deploy, and scale digital products faster than ever before.
As the world moves toward a “code-optional” future, Emergent’s mission — to make software creation universally accessible — could redefine how technology companies, entrepreneurs, and creators bring ideas to life.
Ruchi Kumar is the associate editor at Entrepreneur News Network and TVW News India, where she leads editorial strategy, brand storytelling, and startup ecosystem coverage. With a strong focus on innovation, business, and marketing insights, he curates impactful narratives that spotlight India’s evolving entrepreneurial landscape.