India’s 132nd Unicorn, Groww’s Q1 Profit Run & More
Emergent Vibe Codes became India's 132nd unicorn after raising $130 million, pushing its valuation to over $1.5 billion. The AI startup aims to scale hiring and expand internationally, having achieved a 4X growth in revenue and paying users since its last funding round. Meanwhile, Groww reported a 94.3% year-on-year increase in net profit to ₹735 crore for Q1 FY27, driven by improved margins and new product adoption.