Vibe coding startups begin to land bigger cheques again

Emergent, Rocket, Composio raise $15-25 mn each, marking a rebound after three slow years

- Rwit Ghosh & Sakshi Sadashiv

The resurgent buzz around vibe coding has allowed Indian startups developing these artificial intelligence (AI) platforms to command larger cheques than the typical $1-10 million flowing into early-stage fundraising deals.

Indian vibe coding startups Rocket, Emergent and Composio have raised between $15 million and $25 million this year, reviving investor interest in the space following the collapse of no-code platform Builder.ai.

Vibe coding is a blend of AI with traditional development tools for software engineers. The selling point, according to vibe coding platforms, is that they allow even users without coding knowledge to create apps by typing in prompts. The technology simplifies workflows with AI suggestions, code generation and task automation.

Emergent Labs, founded by now-defunct Dunzo's co-founder and chief technology officer Mukund Jha and his brother Madhav in August last year, on Wednesday raised $23 million in a Series A fundraising round led by Lightspeed Venture Partners. Series A marks the first round of institutional investment in a startup following seed funding.