New Delhi, Sept. 18 -- Hang Ten Systems has raised another $53 million just weeks after its first funding round, as the former Infosys chief builds an AI-led approach to enterprise software development and delivery.

Enterprise companies have spent years trying to modernize software that sits at the heart of their businesses. The problem has rarely been a lack of technology. It has been the time, cost and manpower needed to actually make those changes. AI is now beginning to put that model under pressure.

That is the space Vishal Sikka is moving into with Hang Ten Systems, the enterprise AI startup he founded earlier this year. The company has raised $53 million in a new funding round led by Xora Innovation, a fund backed by Singapore st...