Technology24 Jun 2026SEO 801 min read

Analysis: Former Infosys chief has a new startup that wants to challenge the IT services…

For decades, IT services firms made billions of dollars by allowing companies to outsource tech tasks like customizing, integrating, and maintaining enterprise…

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 investor…

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