Vishal Sikka, former CEO of Infosys, announced in June 2026 the launch of Hang Ten Systems, an enterprise AI services startup that has raised a $32 million seed round led by Mayfield, with a strategic investment from Aramco Ventures and participation from angel investors.
Hang Ten describes itself as helping enterprises continuously build, modify, and operate software using AI-driven development and automation — work traditionally handled by IT services firms. The Bay Area-based startup said it is already working with customers including Siemens Gamesa Renewable Energy and Fresenius on AI-native project delivery, despite having launched just one month before the announcement, according to Mayfield Managing Partner Navin Chaddha.
Sikka, 59, brings extensive enterprise software experience to the venture, having spent 12 years at SAP and later serving as a board member for Oracle before leading Infosys. The startup’s board includes Yahoo co-founder Jerry Yang. Co-founders include CTO Navin Budhiraja, Chief Design Officer Sanjay Rajagopalan, and SVP of Forward Deployed Engineering Tao Liu — all of whom have previously worked with Sikka at SAP, Infosys, or his prior startup, VianAI.
Hang Ten is distinct from VianAI, Chaddha told TechCrunch. VianAI focused on enterprise AI applications and analytics tools for business decision-making, while Hang Ten is built around agentic code generation, reusable AI skills, and domain expertise. Mayfield cited Sikka’s background and the startup’s AI-native model as key reasons for backing it, noting that “traditional services scale linearly with headcount,” whereas Hang Ten is “built so its leverage grows with every project.”
The startup enters a market under scrutiny. Analysts at Jefferies have argued that IT services may be among the first sectors to face meaningful AI disruption. Infosys, meanwhile, has framed AI as an opportunity, telling investors that “AI-first services” could represent a $300 billion–$400 billion market by 2030 — even as its shares have fallen over 35% this year. Hang Ten said it is hiring across delivery, engineering, sales, and leadership, with plans to expand globally.
Source: TechCrunch