Emergent, an Indian AI-powered coding startup co-founded in June 2025 by Mukund and Madhav Jha, has achieved a $120 million annualized revenue run rate, reflecting impressive 70% growth within the past four months. The company has over 200,000 paying customers, targeting entrepreneurs and small-to-medium-sized businesses, including key sectors such as logistics, factories, and property management. Boasting a global market with significant contributions from North America and Europe, Emergent differentiates itself by providing end-to-end app deployment, testing, and debugging support for non-technical users. Recently, the company raised $130M in a Series C round at a $1.5B valuation, bringing total funding to $230M. The funds will propel further R&D, enhance product capabilities, and expand their market reach, including potential European operations.