India’s Emergent has rocketed to a $50 million annual recurring revenue in just seven months, fueled by a surge of over 5 million users building software on its AI-powered platform. The company just secured $70 million in Series B funding, signaling a major shift in how software is created and who gets to participate.
Democratizing Development: Emergent’s AI-First Approach
The platform aims to empower anyone, regardless of technical skill, to turn ideas into fully functional applications.
- Emergent has raised a total of $100 million in funding within seven months of its launch.
- The company’s annual recurring revenue (ARR) has grown from $100,000 to $50 million in the same timeframe.
- More than 5 million users across 190+ countries are actively building and launching products on the platform.
- The Series B round was led by Khosla Ventures and SoftBank Vision Fund 2, with participation from several other prominent investors.
Emergent, the AI-driven software creation platform, announced the $70 million Series B funding round led by Khosla Ventures and SoftBank Vision Fund 2. Existing investors Lightspeed, Y Combinator, Prosus, together, and google’s AI Futures Fund also participated. This brings Emergent’s total funding to $100 million in just seven months since its launch.
Google also recently invested in Emergent, further validating the platform’s potential. The investment also signifies softbank’s renewed focus on AI investments in India, indicating belief in the contry’s burgeoning AI sector.
“Software creation is undergoing a structural shift,” said Mukund Jha, co-founder and CEO of Emergent. “It used to be that only people with technical training or capital got to turn ideas into real products. Emergent flips that model. We are seeing millions of people build and ship real businesses, workflows, and products in days. As a result, many are generating new sources of income. By helping everyday people build and monetize their ideas,Emergent is stepping in to power the most crucial segment of the economy – small businesses and entrepreneurs.”
“Emergent is growing at a pace we rarely see as it is indeed tapping into a segment that has never been served,” said Vinod Khosla, founder of Khosla Ventures. “When barriers to software creation fall this quickly, behavior changes across industries, not just within the technology sector. Emergent is early in shaping how software gets created and monetized over the next decade, not just the next product cycle, and its users are quick to share their success.”
“Emergent is harnessing AI to unlock a massive wave of entrepreneurship by removing the technical and capital barriers that have historically limited who can build software,” said Sarthak Misra, Partner at SoftBank Investment Advisers. “We are excited to partner with Mukund, Madhav and the Emergent team on a shared vision to help entrepreneurs worldwide turn ideas into businesses.”
Emergent functions as a complete development team,utilizing AI agents to design,build,test,and scale software. This results in dependable, production-ready software created in a fraction of the time and at a lower cost, providing business owners with the advantages of advanced technology without the associated overhead. Crucially, the platform enables monetization, allowing users to move from concept to revenue quickly, with built-in billing through providers like Stripe.
Emergent is available at https://emergent.sh/, allowing anyone to begin building and launching applications immediately.
About Emergent
Emergent is a rapidly growing platform that enables anyone to create full-stack, production-ready applications using autonomous AI agents. Launched in 2025, the company’s mission is to democratize software development and empower individuals to bring their ideas to life. Emergent is backed by Khosla Ventures, SoftBank, Lightspeed, Y combinator, Prosus, Together, and Google’s AI Futures Fund.
