India, June 25 -- Former Infosys CEO Vishal Sikka's new AI venture Hang Ten Systems has raised $32 Mn (Rs.302 Cr) in its seed funding round led by private equity (PE) giant Mayfield Ventures.

The round also saw participation from Aramco Ventures, the VC arm of oil giant Aramco, and a group of angel investors. The startup plans to utilise the fresh funds to build its team and expand its work with global enterprises.

Sikka announced the new startup in a post on X, adding that the platform is already working with Siemens Gamesa Renewable Energy and Fresenius on AI-native project delivery.

In an official statement, the startup called itself an enterprise AI services company that helps large enterprises adopt AI. It aims to leverage agentic...