In a milestone that has stunned the global SaaS ecosystem, the Indian-born “vibe-coding” platform Emergent officially crossed $100 million in Annual Recurring Revenue (ARR) on February 17, 2026. Remarkably, this feat was achieved just eight months after the company’s launch, making it one of the fastest-growing enterprise software companies in history—surpassing the early growth trajectories of giants like Slack, Zoom, and Wiz.
The announcement was made by co-founder and CEO Mukund Jha (formerly of Dunzo) on the sidelines of the India AI Impact Summit 2026 in New Delhi.
The Rise of “Vibe-Coding”
Emergent’s explosive growth is fueled by a new paradigm called “vibe-coding,” where users build full-stack, production-ready applications simply by describing their ideas in natural language. Unlike traditional no-code tools that require an understanding of logic flows, Emergent’s autonomous AI agents handle everything from front-end design and back-end architecture to deployment and security.
| Growth Metric | Value (as of Feb 2026) | Timeframe |
| Annual Recurring Revenue | $100 Million+ | 8 Months |
| Total Users | 6 Million+ | Global (190 Countries) |
| Paying Customers | ~150,000 | Small Businesses & Solopreneurs |
| Apps Created | 7 Million+ | AI-native applications |
| Non-Technical Users | 70% | Users with zero prior coding experience |
Funding and Valuation
The revenue milestone follows a rapid series of funding rounds that reflect intense investor appetite for agentic AI tools.
- Series B: Raised $70 million in January 2026.
- Lead Investors: Khosla Ventures and SoftBank Vision Fund 2.
- Current Valuation: Approximately $300 million (tripled in less than six months).
- Strategic Backing: The company also recently received a strategic investment from Google’s AI Futures Fund, granting it priority access to advanced Google models and infrastructure.
New Launch: Emergent AI Mobile App
To sustain this momentum, Emergent launched its mobile app for iOS and Android on February 17. The app allows users to:
- “Voice-to-App”: Start building by saying, “Build me a mobile app for my flower delivery business that handles payments and tracking.”
- Direct Publishing: Ship applications directly to the Apple App Store and Google Play from a mobile device.
- Unified Editing: Seamlessly switch between mobile and desktop environments for complex iterations.
Strategic Impact: India as a Product Hub
Emergent’s success signals a fundamental shift in India’s tech identity. While the country has historically been known for IT services and outsourcing, Emergent represents a new wave of product-first startups building cutting-edge, AI-native software for a global audience. Currently, 70% of Emergent’s revenue comes from the US and Europe, though India remains its fastest-growing market.
“We are entering an era where the speed of thought is the only limitation to building software. Emergent is not just a tool; it’s a teammate that codes, tests, and ships for you.” — Mukund Jha, CEO, Emergent.
