Former Infosys Chief Executive Officer Vishal Sikka has returned to the startup world with the launch of Hang Ten Systems, an enterprise artificial intelligence company. Based in Palo Alto, the company is led by Sikka, who previously served as CEO of Infosys and earlier headed products and technology at SAP. The startup focuses on enterprise software used across finance, human resources, product development and large-scale business transformation, combining agentic AI-powered code generation, reusable software capabilities and specialized engineering expertise to modernize enterprise applications. According to Moneycontrol, Sikka emphasized that "Every single enterprise will be transformed by AI. A few are already reaping massive benefits, building in days what used to take years. But most are stuck at the starting line, or worse, and the gap is widening every day."
The startup has secured $32 million in seed funding to expand its engineering team and accelerate deployments with global enterprise customers. As reported by Moneycontrol, the funding round was led by Mayfield and also includes participation from Aramco Ventures, the venture capital arm of Saudi Aramco, along with a group of Silicon Valley angel investors. Yahoo co-founder Jerry Yang has also joined the company's board. Mayfield Managing Partner Navin Chaddha said the firm backed Hang Ten at inception, betting that AI adoption will increasingly determine competitive advantage for enterprises. "Within a few years, the gap between enterprises that use AI to real advantage and those that don't will define entire industries," Chaddha stated. The fresh capital will be used to expand Hang Ten's team and scale its work with enterprise customers globally, with the company hiring across delivery, engineering, sales and leadership roles.
According to the company, many organizations are investing in AI but struggle to translate those investments into productivity gains while taking on additional cost and operational risk. As reported by Moneycontrol, Hang Ten aims to bridge that gap by helping enterprises build, modify and operate business software using generative AI at a fraction of the traditional cost and time. The company claims enterprises can increasingly build capabilities using AI-generated code instead of relying on lengthy software configuration, customization, integration and testing cycles. Sikka said the company is already working with several large global enterprises, including Siemens Gamesa Renewable Energy and healthcare company Fresenius, on AI-native project delivery initiatives. The startup is positioning itself as an alternative to the traditional enterprise software implementation model, arguing that advances in generative AI have reduced the cost and time required to build and customize software for business needs.
Sikka emphasized the transformative potential of AI, stating he has witnessed firsthand how the technology can compress years of work into minutes for organizations that know how to deploy it effectively. According to Moneycontrol, he said he has seen the dramatic things AI delivers for people and teams who know what to do with it, while noting the far greater number who get none of it and often end up causing harm instead. The company's platform combines agentic AI-powered code generation, reusable software capabilities and specialized engineering expertise to modernize enterprise applications, helping large enterprises move beyond AI experimentation and generate measurable business outcomes. This marks Sikka's latest venture in enterprise AI after founding Vianai Systems in 2019, following his tenure as CEO of Infosys and earlier leadership roles at SAP.
