SoftBank Returns to India, Joins Khosla Ventures in Emergent's $60M+ Round

• Emergent, an AI-powered app builder, is in advanced talks to raise over $60 million in a new funding round.
• Khosla Ventures and SoftBank are among the potential investors, with the round valuing Emergent at approximately $300 million.
• The funding marks SoftBank's return to direct investment in the Indian startup ecosystem after a two-year hiatus.
• Emergent has achieved $25 million in annual recurring revenue (ARR) within 4.5 months and helped 2 million users build apps without code.
• Founded by Indian brothers Mukund and Madhav Jha, Emergent offers a no-code platform for creating web and mobile applications.

Why It Matters: SoftBank's return to Indian startups signals renewed investor confidence.