Mukund Jha, Madhav Jha AI software development platform 'Emergent' established in 2024 in India Became a new unicorn company. Company's market cap reaches $1.5 billion after raising $130 million in Series C funding The dollar rose. Emergent India of the Year with this funding led by Creaegis Became the sixth unicorn. Made for individuals and small businesses without coding knowledge Helps in creating apps easily with the help of intelligence (AI) This is the platform.

The company's excellent financial growth makes it difficult for them to achieve this milestone so quickly. helped. The company's revenue and number of customers have increased by four times since the last funding round. An increase has been recorded. The company, which currently has an annual revenue of $120 million, has majority of its customers in North India. They are from America and Europe. Emergent targets small businesses (SMEs) around the world rather than large companies Mainly to provide our services.

The newly raised funds will be used for global expansion, hiring more employees, The company's decision to invest in open source AI research. Complete business functions instead of just building apps A new platform called 'Wingman' helps you automate your service. Expanding Emergent. Additionally, open source AI models can be used to reduce costs for customers in the future. The company plans to make more investments.