{"id":255946,"date":"2026-09-16T17:44:49","date_gmt":"2026-09-16T14:44:49","guid":{"rendered":"https:\/\/digitrendz.blog\/z\/?p=255946"},"modified":"2026-09-16T17:44:49","modified_gmt":"2026-09-16T14:44:49","slug":"ex-infosys-ceos-ai-startup-raises-53m","status":"publish","type":"post","link":"https:\/\/digitrendz.blog\/z\/tech-news\/255946\/ex-infosys-ceos-ai-startup-raises-53m\/","title":{"rendered":"Ex-Infosys CEO\u2019s AI Startup Raises $53M"},"content":{"rendered":"<details class=\"wp-block-details ticss-586932b6 is-layout-flow wp-block-details-is-layout-flow\" open=\"\"><summary>\u25bc Summary<\/summary><p class=\"ticss-0c48f427 has-small-font-size wp-block-paragraph\">&#8211; AI startup Hang Ten Systems, founded by former Infosys CEO Vishal Sikka, has secured an additional $53 million in seed funding, bringing its total capital to $85 million.<br>&#8211; The new investment round was led by Temasek\u2019s Xora platform with participation from Mayfield and notable investors including Intel and Micron CEOs.<br>&#8211; Hang Ten focuses on advising large enterprises on AI strategy and modernizing software, arguing that AI reduces the cost and time of code generation.<br>&#8211; The company has already signed multimillion-dollar contracts with major clients like Saudi Aramco and Siemens Energy, demonstrating rapid enterprise adoption.<br>&#8211; With fresh capital, Hang Ten plans to expand its teams globally while positioning itself as an independent partner distinct from AI model developers.<br><\/p><\/details>\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n<p class=\"has-drop-cap wp-block-paragraph\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#f34c3e\" class=\"has-inline-color\">H<\/mark>ang Ten Systems<\/strong>, the artificial intelligence venture launched by former Infosys chief executive <strong><a href=\"https:\/\/digitrendz.blog\/z\/entity\/vishal-sikka\/\" class=\"acp-entity-link\" data-entity-id=\"199047\" data-entity-category=\"Person\" title=\"Learn more about Vishal Sikka\" target=\"_blank\" rel=\"noopener noreferrer\">Vishal Sikka<\/a><\/strong>, has secured an additional <strong>$53 million<\/strong> in seed funding. This latest injection of capital arrives just five weeks after the company closed its initial $32 million round, bringing total financing to <strong>$85 million<\/strong>. The new round was led by <strong>Xora<\/strong>, Temasek\u2019s early-stage investment platform, with participation from Mayfield, which spearheaded the first round. Other notable backers include <a href=\"https:\/\/digitrendz.blog\/z\/entity\/aramco-ventures\/\" class=\"acp-entity-link\" data-entity-id=\"197507\" data-entity-category=\"Organization\" title=\"Learn more about Aramco Ventures\" target=\"_blank\" rel=\"noopener noreferrer\">Aramco Ventures<\/a>, Intel CEO <strong><a href=\"https:\/\/digitrendz.blog\/z\/entity\/lip-bu-tan\/\" class=\"acp-entity-link\" data-entity-id=\"14458\" data-entity-category=\"Person\" title=\"Learn more about Lip-Bu Tan\" target=\"_blank\" rel=\"noopener noreferrer\">Lip-Bu Tan<\/a><\/strong>, Micron CEO <strong><a href=\"https:\/\/digitrendz.blog\/z\/entity\/sanjay-mehrotra\/\" class=\"acp-entity-link\" data-entity-id=\"185938\" data-entity-category=\"Person\" title=\"Learn more about Sanjay Mehrotra\" target=\"_blank\" rel=\"noopener noreferrer\">Sanjay Mehrotra<\/a><\/strong>, and Yahoo co-founder <strong><a href=\"https:\/\/digitrendz.blog\/z\/entity\/jerry-yang\/\" class=\"acp-entity-link\" data-entity-id=\"270676\" data-entity-category=\"Person\" title=\"Learn more about Jerry Yang\" target=\"_blank\" rel=\"noopener noreferrer\">Jerry Yang<\/a><\/strong>, who also serves on Hang Ten\u2019s board.<\/p>\n\n<p class=\"wp-block-paragraph\">Founded in May, Hang Ten operates on the premise that AI can radically transform how large enterprises build and maintain software. The startup targets companies with annual revenues exceeding $10 billion, offering strategic advice alongside hands-on development and modernization services. Sikka argues that the actual coding process has become nearly instantaneous and cost-free due to AI advancements. He stated, \u201cThe build part itself has basically become close to zero marginal cost, close to zero time.\u201d According to Sikka, this shift moves the focus of software engineering away from writing code toward defining requirements and validating system performance.<\/p>\n\n<p class=\"wp-block-paragraph\">This thesis is gaining traction rapidly among enterprise clients. Sikka revealed that within 25 days of their first meeting with a prospective customer, Hang Ten signed a multimillion-dollar contract to develop a mission-critical software system. He noted that he had never witnessed enterprise deals move with such speed. Currently, the <a href=\"https:\/\/digitrendz.blog\/z\/entity\/palo-alto\/\" class=\"acp-entity-link\" data-entity-id=\"8339\" data-entity-category=\"Location\" title=\"Learn more about Palo Alto\" target=\"_blank\" rel=\"noopener noreferrer\">Palo Alto<\/a>-based firm is engaged with 21 major enterprises across the U. S., Europe, the <a href=\"https:\/\/digitrendz.blog\/z\/entity\/middle-east\/\" class=\"acp-entity-link\" data-entity-id=\"110\" data-entity-category=\"Place\" title=\"Learn more about Middle East\" target=\"_blank\" rel=\"noopener noreferrer\">Middle East<\/a>, and Asia. Clients include <a href=\"https:\/\/digitrendz.blog\/z\/entity\/fresenius-kabi\/\" class=\"acp-entity-link\" data-entity-id=\"299101\" data-entity-category=\"Organization\" title=\"Learn more about Fresenius Kabi\" target=\"_blank\" rel=\"noopener noreferrer\">Fresenius Kabi<\/a>, <a href=\"https:\/\/digitrendz.blog\/z\/entity\/saudi-aramco\/\" class=\"acp-entity-link\" data-entity-id=\"109687\" data-entity-category=\"Organization\" title=\"Learn more about Saudi Aramco\" target=\"_blank\" rel=\"noopener noreferrer\">Saudi Aramco<\/a>, and <a href=\"https:\/\/digitrendz.blog\/z\/entity\/siemens-energy\/\" class=\"acp-entity-link\" data-entity-id=\"262239\" data-entity-category=\"Organization\" title=\"Learn more about Siemens Energy\" target=\"_blank\" rel=\"noopener noreferrer\">Siemens Energy<\/a>. The startup has already locked in multiple seven-figure contracts and is negotiating eight-figure deals, prompting Xora to approach them for investment after seeing these early wins.<\/p>\n\n<h2 class=\"wp-block-heading\">Rethinking Enterprise Software Development<\/h2>\n\n<p class=\"wp-block-paragraph\">Hang Ten distinguishes itself not by creating foundational AI models, but by adapting existing technology to the complex workflows of large corporations. Co-founder and chief design officer <strong>Sanjay Rajagopalan<\/strong> explained that engineers utilize an in-house framework called <strong>Hobie<\/strong>, which packages reusable AI capabilities tailored for regulated industries and intricate projects. Rajagopalan emphasized the practical nature of their work, stating, \u201cWe are actually delivering production software. It\u2019s not like we are doing some kind of PoC.\u201d<\/p>\n\n<p class=\"wp-block-paragraph\">The company claims a significant efficiency advantage over traditional methods. Rajagopalan noted that teams of two to four people can now handle projects that previously required around 30 staff members. While customers or third parties still manage final quality assurance and certification, Hang Ten promises a tenfold improvement in cost or speed, or both. This efficiency allows them to compete directly with established systems integrators. Sikka mentioned that many engagements involve replacing incumbent providers, though more than half of current opportunities stem from new projects that enterprises had previously deferred.<\/p>\n\n<p class=\"wp-block-paragraph\">Despite entering a crowded market where giants like <a href=\"https:\/\/digitrendz.blog\/z\/entity\/openai\/\" class=\"acp-entity-link\" data-entity-id=\"266\" data-entity-category=\"Organization\" title=\"Learn more about OpenAI\" target=\"_blank\" rel=\"noopener noreferrer\">OpenAI<\/a> and <a href=\"https:\/\/digitrendz.blog\/z\/entity\/anthropic\/\" class=\"acp-entity-link\" data-entity-id=\"174\" data-entity-category=\"Organization\" title=\"Learn more about Anthropic\" target=\"_blank\" rel=\"noopener noreferrer\">Anthropic<\/a> are expanding into enterprise services, Sikka believes there is room for independent partners. He argued, \u201cEnterprises still need trusted partners who are independent of the underlying platform and who work with and solely in the interest of the enterprise.\u201d With the new funding, Hang Ten plans to expand its engineering, consulting, and sales teams. The startup currently employs about 20 to 25 people across the U. S., the Middle East, and <a href=\"https:\/\/digitrendz.blog\/z\/entity\/australia\/\" class=\"acp-entity-link\" data-entity-id=\"430\" data-entity-category=\"Place\" title=\"Learn more about Australia\" target=\"_blank\" rel=\"noopener noreferrer\">Australia<\/a>, with plans to hire in <a href=\"https:\/\/digitrendz.blog\/z\/entity\/europe\/\" class=\"acp-entity-link\" data-entity-id=\"1228\" data-entity-category=\"Place\" title=\"Learn more about Europe\" target=\"_blank\" rel=\"noopener noreferrer\">Europe<\/a> and <a href=\"https:\/\/digitrendz.blog\/z\/entity\/india\/\" class=\"acp-entity-link\" data-entity-id=\"6593\" data-entity-category=\"Location\" title=\"Learn more about India\" target=\"_blank\" rel=\"noopener noreferrer\">India<\/a>.<\/p>\n\n<h2 class=\"wp-block-heading\">Strategic Positioning and Future Outlook<\/h2>\n\n<p class=\"wp-block-paragraph\">Even at just four months old, Hang Ten has attracted serious attention from major tech firms. Sikka disclosed that the company has received acquisition offers from \u201cvery big companies,\u201d though he declined to name them. These offers have been rejected as the team focuses on scaling the business rather than selling. Before launching Hang Ten, Sikka co-founded VianAI in 2019 after leaving Infosys. VianAI raised $50 million in seed funding and $140 million in a 2021 round led by SoftBank Vision Fund 2. Sikka departed VianAI in April, describing it as \u201cgoing through a transaction.\u201d<\/p>\n\n<p class=\"wp-block-paragraph\">Sikka sees his new venture as having a distinct advantage over legacy service providers. He remarked, \u201cWe are fortunate that we don\u2019t have the burden of legacy that we have to transform.\u201d The company\u2019s name, derived from the surfing maneuver where a rider keeps all ten toes on the board, symbolizes the ambition to help enterprises navigate what Sikka calls \u201cprobably the biggest wave of our lives.\u201d As AI continues to reshape the industry, Hang Ten aims to be the bridge that allows large organizations to ride this wave effectively without being tethered to outdated processes.<\/p>\n\n<em>(Source: <a href='https:\/\/techcrunch.com\/2026\/09\/16\/former-infosys-chiefs-ai-startup-adds-50m-to-seed-weeks-after-initial-raise\/' target='_blank'>TechCrunch<\/a>)<\/em>","protected":false},"excerpt":{"rendered":"<p>Hang Ten Systems, an AI venture founded by former Infosys CEO Vishal Sikka, has secured an additional $53 million in seed funding, bringing its total financing to $85 million with backing from investors like Xora and Intel. The startup targets large enterprises by using its proprietary framework,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":255945,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_themeisle_gutenberg_block_has_review":false,"cybocfi_hide_featured_image":"","footnotes":""},"categories":[57,3247,68530,3327,3296,3254],"tags":[252941,3643,251126,446,256206],"entities":[806,155155,3652,1031,1762,256207,226134,4082,130428,226133,8793,5798,692,824,5396,143785,74634,217907,3271,1457,3672,156443,11519],"class_list":["post-255946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-news","category-artificial-intelligence","category-mena-tech-scene","category-newswire","category-startups","category-technology","tag-asia","tag-europe","tag-india","tag-openai","tag-xora","entity-anthropic","entity-aramco-ventures","entity-asia","entity-australia","entity-europe","entity-fresenius-kabi","entity-hang-ten-systems","entity-india","entity-infosys","entity-jerry-yang","entity-lip-bu-tan","entity-mayfield","entity-middle-east","entity-openai","entity-palo-alto","entity-sanjay-mehrotra","entity-saudi-aramco","entity-siemens-energy","entity-techcrunch","entity-temasek","entity-us","entity-vishal-sikka","entity-xora"],"_links":{"self":[{"href":"https:\/\/digitrendz.blog\/z\/wp-json\/wp\/v2\/posts\/255946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digitrendz.blog\/z\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digitrendz.blog\/z\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/digitrendz.blog\/z\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/digitrendz.blog\/z\/wp-json\/wp\/v2\/comments?post=255946"}],"version-history":[{"count":2,"href":"https:\/\/digitrendz.blog\/z\/wp-json\/wp\/v2\/posts\/255946\/revisions"}],"predecessor-version":[{"id":255971,"href":"https:\/\/digitrendz.blog\/z\/wp-json\/wp\/v2\/posts\/255946\/revisions\/255971"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digitrendz.blog\/z\/wp-json\/wp\/v2\/media\/255945"}],"wp:attachment":[{"href":"https:\/\/digitrendz.blog\/z\/wp-json\/wp\/v2\/media?parent=255946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digitrendz.blog\/z\/wp-json\/wp\/v2\/categories?post=255946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digitrendz.blog\/z\/wp-json\/wp\/v2\/tags?post=255946"},{"taxonomy":"entity","embeddable":true,"href":"https:\/\/digitrendz.blog\/z\/wp-json\/wp\/v2\/entities?post=255946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}