Vishal Sikka Announces Hang Ten Systems, a New AI Services Startup with $32 Million in Funding
At a time when uncertainty about the future of SaaS companies—especially Indian tech giants—has grown amid the rise of AI, Vishal Sikka (who previously led Infosys) has launched a new startup focused on AI services: Hang Ten Systems. According to Sikka, the company will provide AI services to clients as businesses seek to integrate more such solutions. Furthermore, Hang Ten Systems appears to already have clients, barely a month after its founding.

In a statement, Vishal Sikka described Hang Ten Systems as a “new initiative to help companies thrive in the AI era.” The company has previously stated that it raised $32 million in seed funding led by Mayfield, with a strategic investment from Aramco Ventures and participation from angel investors.
It is worth noting that Vishal Sikka is known for recognising AI’s potential early on. He played a key role in the $3 million donation Infosys made to OpenAI nearly a decade ago—long before the emergence of ChatGPT or similar AI tools.
Joining Sikka at Hang Ten Systems is Yahoo co-founder Jerry Yang. The initial team also includes executives who worked with Sikka at SAP, Infosys, and his previous company, VianAI, including Navin Budhiraja, Sanjay Rajagopalan, and Tao Liu.
Hang Ten Systems already has clients, says Vishal Sikka
While the Indian tech industry has achieved great success with its Software-as-a-Service (SaaS) model over the years, there are fears that this model could be entirely replaced by AI. Meanwhile, Hang Ten Systems appears to be an AI-native alternative to this model, focused on assisting clients through AI-driven code generation featuring agent capabilities, reusable skill libraries, and specialised engineering talent. In a statement, Sikka explained: “Every company will be transformed by AI. Some are already reaping huge benefits, developing in a matter of days what used to take years. However, most are stuck at the starting line—or worse—and the gap is widening every day.”
The former Infosys CEO stated that Hang Ten Systems already counts major corporations among its clients, such as “Fresenius, Siemens Energy, and others.”
Hang Ten Systems is reportedly hiring for various roles—in areas such as project delivery, engineering, sales, and leadership—and plans to expand to multiple locations.
However, this does not mean that Indian IT companies are failing to adapt to the AI race. Recently, Infosys’s Nandan Nilekani stated that AI could actually boost the company’s business. Infosys, TCS, and other tech firms are forging partnerships with Anthropic and OpenAI to better integrate AI models. For their part, OpenAI and Anthropic now also have their own AI services businesses.
