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India’s tech ecosystem just got a major boost as Emergent, the AI-driven app development startup founded by ex-Dunzo cofounder Mukund Jha and his brother Madhav Jha, has raised $23 million in its Series A round. The funding was led by Lightspeed Ventures, which contributed $13 million, while existing investors Y Combinator and Together Fund also participated. The round attracted high-profile new investors including Prosus, Google’s chief scientist Jeff Dean, AI researcher Devendra Chaplot, and Coinbase cofounder Balaji Srinivasan, signaling strong confidence in Emergent’s vision.

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Automating App Development with AI

Emergent aims to transform the way applications are built by leveraging artificial intelligence to automate app development processes, drastically reducing time, effort, and technical complexity. The platform targets both startups and established businesses seeking faster and more efficient ways to launch digital products.

The startup’s AI-powered tools are designed to:

• Generate functional app code automatically
• Simplify complex development workflows
• Enable rapid prototyping and iteration

With this technology, Emergent seeks to empower developers and non-technical users alike, opening up app creation to a wider audience while improving productivity for seasoned engineers.

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Funding to Fuel Growth and Innovation

The $23 million infusion will allow Emergent to expand its team, intensify research, and enhance its platform capabilities. Cofounder Mukund Jha stated that the funding will help accelerate the company’s mission to build the future of automated software development.

The backing from top-tier investors like Lightspeed and Prosus, as well as tech luminaries like Jeff Dean and Balaji Srinivasan, positions Emergent to lead the next wave of AI-driven software tools, bridging gaps between AI research and real-world applications.

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Why Investors Are Excited

Investors see Emergent as a game-changer in software development due to:

• The growing demand for low-code and no-code solutions
• AI’s potential to redefine app creation and workflow automation
• Emergent’s experienced founding team with deep product and engineering expertise

The combination of cutting-edge AI technology and a strong founder team has convinced investors that Emergent can disrupt traditional software development and capture a significant share of the global developer tools market.

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The Road Ahead

Emergent plans to scale its platform globally, hiring top talent in AI, software engineering, and product management to drive innovation. The startup is also focused on improving its platform intelligence to handle more complex development tasks, making it an indispensable tool for modern businesses.

As AI continues to reshape technology landscapes worldwide, Emergent’s approach of automating app development could become a new standard in software creation, saving time, reducing costs, and accelerating digital transformation for companies of all sizes.

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