India gets a second AI unicorn in a month

Ashley Paul, Published on Jul 17th, 2026

India gets a second AI unicorn in a month

Vibe-coding startup Emergent has become the second Indian AI startup to achieve unicorn status in a month after it raised $130 million and was valued at $1.5 billion. Sarvam AI also achieved the milestone in June. The Series C round in Emergent was led by Creaegis and joined by Claypond, Sentinel Global, Khosla Ventures, SoftBank Vision Fund 2 and Lightspeed.

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