Infosys ex-CEO raises $32M to automate IT services with AI

vishal sikka, former ceo of infosys, launched hang ten systems with $32 million in seed funding led by mayfield to automate enterprise software development using ai. the startup utilizes agentic code generation and reusable ai skills to help clients like siemens gamesa and fresenius build and modify software without scaling human headcount linearly. sikka positions the company as an ai-native alternative to traditional it services firms, which are currently facing investor skepticism and stock declines despite the industry's projected growth. this move signals a direct challenge to legacy outsourcing firms by betting that ai agents can handle complex integration and maintenance tasks more efficiently.