Emergent Joins Unicorn Club After Raising $130 Mn At $1.5 Bn Valuation

It’s raining unicorns this year. Less than a month after proptech startup Square Yards became the country’s 131st unicorn, AI software creation platform Emergent has entered the coveted club of Indian unicorns. With this, it has become India’s sixth unicorn of 2026 and the third homegrown AI startup to wear the crown after Krutrim and Sarvam.