Former Infosys CEO Vishal Sikka Launches Hang Ten With $32 Million Seed Funding
" Former Infosys CEO Vishal Sikka has launched AI startup Hang Ten, raising $32 million to build AI-native enterprise software services. "
- by Martech Desk
- 2 hours ago
Former Infosys CEO Vishal Sikka has launched a new artificial intelligence startup, Hang Ten, securing $32 million in seed funding as he looks to reshape enterprise software development through AI-native delivery models.
The funding round was led by venture capital firm Mayfield, with participation from Aramco Ventures and other investors. The Palo Alto-based company aims to help large enterprises design, build and operate software using autonomous AI systems, reducing reliance on traditional labour-intensive IT services.
Hang Ten enters the market as enterprises accelerate AI adoption beyond productivity tools and generative chatbots. Companies are increasingly seeking AI platforms capable of managing complex software engineering tasks, business workflows and operational processes with minimal human intervention.
According to Sikka, the company's vision is to build an AI-native services model where intelligent software agents collaborate with human engineers to deliver enterprise technology projects faster and more efficiently. Rather than simply adding AI capabilities to existing systems, Hang Ten has been designed around AI from the ground up.
The startup's approach reflects the growing momentum behind agentic AI, a category of artificial intelligence focused on systems that can independently plan, execute and improve multi-step tasks. Industry leaders increasingly view agentic AI as the next phase of enterprise automation after the rapid adoption of large language models.
Hang Ten plans to combine AI-generated software development, reusable engineering skills and specialised technical expertise to help organisations modernise applications while reducing delivery timelines. The company believes enterprises will increasingly require AI-native operating models rather than incremental automation layered onto legacy systems.
Sikka is widely recognised for his work in enterprise technology and artificial intelligence. Before becoming the first non-founder CEO of Infosys in 2014, he served as Chief Technology Officer at SAP, where he led product innovation and played a key role in developing SAP HANA. Following his departure from Infosys in 2017, he founded enterprise AI company Vianai Systems, which focuses on human-centred AI solutions for businesses.
The launch of Hang Ten highlights increasing investor confidence in enterprise AI startups. Venture capital firms continue to back companies building infrastructure and applications for AI-driven software development, reflecting expectations that autonomous systems will become an important part of enterprise technology stacks.
Industry analysts believe the services sector is entering a period of significant transformation as AI reshapes software engineering, consulting and managed services. Rather than replacing human expertise entirely, many enterprises are expected to adopt hybrid models where AI agents perform repetitive engineering tasks while people focus on architecture, governance, creativity and customer engagement.
The funding also underscores the growing competition among enterprise AI startups. As organisations invest heavily in AI transformation, technology providers are racing to develop platforms capable of automating software creation, maintenance and business operations while maintaining enterprise-grade security and reliability.
For businesses, Hang Ten's emergence reflects a broader shift in enterprise technology. AI is increasingly moving beyond copilots and assistants toward autonomous systems capable of delivering measurable business outcomes.
As enterprise AI adoption accelerates, Hang Ten enters a rapidly evolving market where success will depend on balancing automation with governance, scalability and trust. Backed by experienced investors and led by one of India's most prominent technology executives, the company is positioning itself to participate in what many industry observers see as the next phase of enterprise AI transformation.