Former Infosys chief has a new startup that wants to challenge the IT services world
For decades, IT services firms made billions of dollars by allowing companies to outsource tech tasks like customizing, integrating, and maintaining enterprise software. Vishal Sikka, former CEO of Infosys, one of the largest such firms in India, is now betting that AI can do much of that work instead. His new startup, Hang Ten Systems, has raised a $32 million seed round led by Mayfield, it said Wednesday, with a strategic investment from Aramco Ventures and participation from angel investors.
- ▪For decades, IT services firms made billions of dollars by allowing companies to outsource tech tasks like customizing, integrating, and maintaining enterprise software.
- ▪Vishal Sikka, former CEO of Infosys, one of the largest such firms in India, is now betting that AI can do much of that work instead.
- ▪His new startup, Hang Ten Systems, has raised a $32 million seed round led by Mayfield, it said Wednesday, with a strategic investment from Aramco Ventures and participation from angel investors.
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| Original publisher | Startups | TechCrunch |
| Canonical URL | https://techcrunch.com/2026/06/24/former-infosys-chief-has-a-new-startup-that-wants-to-challenge-the-it-services-world/ |
| Publication time | Wed, 24 Jun 2026 23:26:52 +0000 |
| Retrieval time | 2026-06-25T04:55:34.064Z |
| Last seen | 2026-06-26T01:44:06.018Z |
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| Cluster | qKVIUaxZC6qM |
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| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
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| AI summary | May WeSearch generate its own short summary of the article? | Limited |
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Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
For decades, IT services firms made billions of dollars by allowing companies to outsource tech tasks like customizing, integrating, and maintaining enterprise software. Vishal Sikka, former CEO of Infosys, one of the largest such firms in India, is now betting that AI can do much of that work instead. His new startup, Hang Ten Systems, has raised a $32 million seed round led by Mayfield, it said Wednesday, with a strategic investment from Aramco Ventures and participation from angel investors. The startup, whose board includes Yahoo co-founder Jerry Yang, said it helps enterprises continuously build, modify, and operate software using AI-driven development and automation.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Startups | TechCrunch.
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