AI startup Rocket is in talks to raise $40M-$50M

Economic Times reports that Rocket, an AI startup focused on app-building and product-development tooling, is in talks to raise $40 million to $50 million. The story says a completed round at the current terms would sharply re-rate the company less than a year after it raised $15 million from Salesforce Ventures, Accel, and Together Fund at a roughly $60 million valuation. ET says the new capital would deepen Rocket's AI capabilities, expand product development, and grow its global go-to-market presence.

Key details: Published June 29, 2026 by Economic Times, Rocket is in talks to raise $40 million to $50 million, Potential investors include 360 ONE Asset, Rocket previously raised $15 million from Salesforce Ventures, Accel, and Together Fund, The capital would support AI capabilities, product development, and global go-to-market expansion.

Why it matters: A second Indian AI app-building fundraise shows investors are still backing startups that promise to compress software planning and implementation work.