Former Infosys CEO Vishal Sikka's AI startup Hang Ten raises $53 million more in seed funding

Hang Ten Systems, founded by former Infosys CEO Vishal Sikka, has raised another $53 million in seed funding. The latest investment takes the AI startup's total funding to $85 million, just four months after its founding.

In Short

• Vishal Sikka’s AI startup Hang Ten Systems raises another $53 million
• The latest round takes its total seed funding to $85 million
• The startup was founded in May 2026

Hang Ten Systems, an AI startup founded in May this year by former Infosys CEO Vishal Sikka, has raised another $53 million (around Rs 508.47 crore) in seed funding. This comes after the company raised an initial $32 million (roughly Rs 306.91 crore) in seed funding. With the latest investment, its total funding has reached $85 million (around Rs 815 crore), just four months after it was founded. The startup, unlike OpenAI or Anthropic, doesn’t make foundational AI models; instead, it acts as an independent strategic and execution partner that integrates AI into enterprise-scale engineering.

According to a report by TechCrunch, the latest round was led by Xora, an early-stage investment platform backed by Temasek. Mayfield, which led Hang Ten’s first seed round, also participated. Other investors include Aramco Ventures, Intel CEO Lip-Bu Tan, Micron CEO Sanjay Mehrotra and Yahoo co-founder Jerry Yang, who has joined the company’s board. The two funding rounds were closed just five weeks apart.

Hang Ten wants to make enterprise software development faster

Sikka believes AI is changing how software is built. Instead of spending most of their time writing code, developers can use AI to generate it and focus more on explaining what the software needs to do and checking whether it works properly.

“The build part itself has basically become close to zero marginal cost, close to zero time,” Sikka told TechCrunch.

Hang Ten says its approach is already attracting large businesses. Sikka revealed that the company signed a multimillion-dollar contract with one customer within 25 days of its first meeting. It is now working with, or in discussions with, 21 major enterprises across the US, Europe, the Middle East and Asia.

The company uses an in-house framework called Hobie, which brings together reusable AI skills for complex software projects. Co-founder and chief design officer Sanjay Rajagopalan said teams of two to four people can handle some projects that might previously have required around 30 people. Customers or independent third parties still carry out final quality checks and certification.

Hang Ten says it aims to deliver a 10-fold improvement in cost, speed, or a combination of both.

The fresh funding will help the company expand its engineering, consulting and sales teams, while developing its AI platform and tools. It also plans to expand into Singapore, Southeast Asia and other markets.

Hang Ten is entering a competitive market, where AI companies such as OpenAI and Anthropic are building enterprise services and traditional IT firms are adding AI to their offerings. Sikka says businesses will still need independent partners to help them apply AI reliably.

“AI can be the most powerful amplifier we have ever built. But in the enterprise, AI’s power must go hand-in-hand with reliability,” he said.

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