Ema, a startup deploying AI agents to automate corporate processes across HR, IT, and finance, has raised $77 million in Series B funding led by Bengaluru-based Creaegis. Existing investors Accel, Section 32, and Prosus also participated. The round brings Ema's total funding to $140 million and more than quadruples its valuation from 2024. Founded in 2023 by former Google and Coinbase executive Surojit Chatterjee and ex-Okta executive Souvik Sen, Ema uses coordinated AI agents to handle multi-step business processes across existing applications. The company has over 50 active enterprise deals and 1 million users, with clients including Google, Microsoft, PwC, and KPMG. Ema's revenue has grown 50-fold over two years, with revenue bookings surpassing $150 million. The startup maintains gross margins near 80% and reports a net dollar retention rate of around 180%. It will use the new capital to expand sales and marketing efforts and enter new markets across Asia-Pacific, South America, and the Middle East.

Prosus, the owner of eMAG and OLX, the most important online marketplace in Romania and classifieds platform, respectively, has acquired the file-sharing platform Boomerang from Dutch entrepreneur and investor Ronald Hans, co-founder of WeTransfer, and appointed him Chief Product Officer as part of a restructuring of the leadership of its AI and technology operations.

Emilia AI raised a $1.5M pre-seed round led by Prosus, which invested $1M.