New Delhi, July 15 -- Vibe coding platform Emergent has raised $130 million in its Series C round of funding, co-led by Creaegis, MNI Ventures, Ranjan Pai's Claypond Capital and San Francisco-based Sentinel Global.

Existing investors Khosla Ventures, SoftBank Vision Fund 2, Lightspeed, and Y Combinator also participated in the round. The fresh infusion of capital values the company at $1.5 billion.

"Part of the money will be going towards our go-to-market. Right now, we're very focused on powering small and medium businesses to really automate themselves," Mukund Jha, co-founder and chief executive of Emergent, told Mint. "The other part of it will be going into building out the research team."

Emergent's latest round comes barely six ...