Models with a large number of parameters are prone to over-fitting and often fail to capture the underlying input distribution. We introduce Emix, a data augmentation method that uses interpolations of word embeddings and hidden layer representations to construct virtual examples. We show that Emix shows significant improvements over previously used interpolation based regularizers and data augmentation techniques. We also demonstrate how our proposed method is more robust to sparsification. We highlight the merits of our proposed methodology by performing thorough quantitative and qualitative assessments.