India, Sept. 24 -- Agentic AI startup Emergent, founded by ex-Dunzo cofounder and CTO Mukund Jha along with his brother Madhav Jha, has raised $23 Mn (approximately INR 204 crore) in its Series A round led by Lightspeed Ventures with a $13 Mn infusion.

The funding round also saw participation from existing investors Y Combinator and Together Fund, as well as new investors including Prosus, Google's chief scientist Jeff Dean, AI researcher Devendra Chaplot, and Coinbase cofounder Balaji Srinivasan.

The startup plans to utilise the fresh capital to expand its team, double down on research, and further develop its platform.

Founded in 2024, Emergent provides a platform that allows users to build production-ready apps autonomously using AI...