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Hang Ten Systems Raises Additional $53 Million Led by Xora, a Temasek-Backed Fund, Bringing Total Funding to $85 Million
Our second seed round: an additional $53 million led by Xora, a Temasek-backed fund, bringing total funding to $85 million. Mayfield and Aramco Ventures also participated, and Jerry Yang joins the board of directors.
Read the announcement →Former Infosys chief's AI startup nabs another $53M
TechCrunch's Jagmeet Singh reports on the second seed round, led by Temasek's early-stage platform Xora, which takes Hang Ten's total funding to $85 million five weeks after the first round closed. Vishal Sikka describes enterprise contracts moving faster than he has seen before, and why the build step is approaching zero marginal cost.
Read the article →"Making AI work in the systems and workflows that actually run an enterprise"
Xora Managing Partner and Chief Investment Officer Phil Inagaki sets out why the firm led the round. As access to leading models becomes widespread, he argues, the hard part shifts to connecting models and agents to proprietary data and systems of record inside estates built up over decades, and to meeting the security, controls and reliability that production use demands. He describes Hang Ten's agentic delivery model as changing the economics of that work.
View the post →Hang Ten Systems CTO believes AI cannot replace some Indian IT assets
In an interview with Analytics India Magazine, Hang Ten CTO Navin Budhiraja argues that the per-head billing model behind Indian IT is running out of road as AI decouples team size from software output. He makes the case for smaller, outcome-based teams, and for the deep client trust and domain expertise that AI cannot replicate.
Read the article →'Use AI as a force to do what no one could do before': Sikka
Times of India's Shilpa Phadnis reports from Bengaluru on Vishal Sikka's view that enterprises can either be overwhelmed by the AI wave or learn to ride it. He explains the surfing move that gave Hang Ten its name and describes the company's aim as helping enterprises use AI to do what no one could do before.
Read the article →Indian IT Can Finally Measure AI Revenue, But the Numbers Don't Stick
Analytics India Magazine examines how India's largest IT firms are starting to quantify AI revenue even as overall growth slows. Hang Ten CTO Navin Budhiraja is quoted on how the economics of delivering software are changing, and why sales teams must move from multi-year contracts to shorter engagements.
Read the article →Hang Ten Systems Raises $32 Million to Help Enterprises Succeed With AI
Our official launch announcement: a $32 million seed round led by Mayfield, with a strategic investment from Aramco Ventures, to help large enterprises adopt AI and produce real results.
Read the announcement →Former Infosys chief has a new startup that wants to challenge the IT services world
TechCrunch's Jagmeet Singh reports on Vishal Sikka's new venture (backed by Mayfield and Aramco Ventures and built with veterans from SAP, Infosys, and VianAI) and how Hang Ten's AI-native model aims to reshape enterprise IT services.
Read the article →"I've known Vishal Sikka for 25 years…"
Mayfield Managing Partner Navin Chaddha shares why the firm backed Vishal Sikka from inception and what makes Hang Ten's approach to enterprise AI distinctive.
View the post →Hang Ten Systems raises $32 million to help enterprises succeed with AI
Aramco Ventures shares the news of Hang Ten's seed round and its strategic investment in the company's work to bring AI to large enterprises.
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