Hang Ten Systems Raises $53 Mn for Enterprise AI Software Development

Hang Ten Systems, founded by ex-Infosys CEO Vishal Sikka, raised $53 million to build AI software for large enterprises, automating software development, migration, and other technology-intensive work using AI agents. Builders in enterprise software should expect AI-native competitors entering legacy markets with radical automation; margins on manual services are under pressure, and integrating agentic workflows into your platform becomes table-stakes.

Source: ET Tech ↗