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ETtech Explainer: Why AI startups like Emergent, Sarvam, UnifyApps are seeing bigger bets & soaring valuations - The Economic Times
Indian artificial intelligence startups are experiencing significant funding and valuation surges. Emergent and Sarvam AI recently achieved unicorn status with large investment rounds. UnifyApps is also in talks for a substantial funding round, increasing its valuation. These companies benefit from strong investor interest in AI infrastructure and enterprise software. However, rapid AI advancements pose disruption risks for less adaptable startups.
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economictimes.indiatimes.com
UnifyApps eyes $120 million from EQT; value may climb 3.5x - The Economic Times
The investment, which comes less than a year after the New York and Gurgaon-based startup raised $50 million from WestBridge Capital, is expected to value the company at $700-750…
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techcrunch.com
Indian AI coding startup Emergent becomes a unicorn with $130M Series C | TechCrunch
The startup has reached a $120 million annualized revenue run rate and more than 200,000 paying customers.
