Former Infosys CEO Vishal Sikka Raises $50 Million

Former Infosys CEO Vishal Sikka Raises $50 Million 1

Vian System, which is an AI startup founded by the Vishal Sikka, a former executive vice chairman, MD, and CEO of Infosys, has now secured $50 Million in the funding round led by the two unknown investors, according to the report which has been revealed.

Founded by the Sikka, Vian System is a California, Palo Alto technology company operating in stealth mode in the San Francisco Bay Area.

According to the report which has been revealed, Vian System offered $50 Million in equity for the sales and the sale has been completed. This even “includes the contribution of certain intellectual property assets”, the company revealed in a report.

“Mr. Sikka is receiving no compensation for his role in the offering beyond his usual and customary salary as an officer of the corporation,” said the filing.

Sikka himself is a Ph.D in AI from the Stanford University and a Doctorate of Engineering from the Queensland University.

Sikka, which is an Indian American, had resigned from Infosys as a CEO and MD in the August 2017 and the reasons reported at that time was his attempt of moving the Infosys into the Robotics and AI Ventures.

Report

Written by Udit Agarwal

Startup/Tech News Correspondent, Responsible for gathering information on the tech companies working on IOT, AI, ML, Cloud, Mobile Technologies,

Udit can be reached at [email protected]

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