AI startup Emergent raises $70 million from Khosla Ventures, SoftBank; valuation triples to $300 million

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Emergent has raised $70 million (about Rs 637 crore) in fresh funding from Khosla Ventures and SoftBank, among the largest deals in the vibe coding sector for an Indian startup. The fundraising has helped more than triple its valuation to about $300 million, according to people familiar with the matter.

The San Francisco and Bengaluru-based startup, which allows enterprises to create, test and ship mobile and web apps, has mopped up a total of $100 million within seven months of launch.

The fundraising marks SoftBank’s first new investment in an…



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AI startup Emergent raises $70 million from Khosla Ventures, SoftBank; valuation triples to $300 million



Emergent has raised $70 million (about Rs 637 crore) in fresh funding from Khosla Ventures and SoftBank, among the largest deals in the vibe coding sector for an Indian startup. The fundraising has helped more than triple its valuation to about $300 million, according to people familiar with the matter.

The San Francisco and Bengaluru-based startup, which allows enterprises to create, test and ship mobile and web apps, has mopped up a total of $100 million within seven months of launch.

The fundraising marks SoftBank’s first new investment in an…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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