Bridging the gap between legacy data and AI

This article is a part of Startup Spotlight, a series that features young, up-and-coming startups.

Image credit: Timmy Loen

When it still operated in the country, business teams at Royal Bank of Scotland in India often waited weeks for technical departments to process basic data requests. Gaurav Shinh experienced this bottleneck firsthand while serving as the bank’s COO.

He partnered with Rohit Kumar to launch ScikIQ with the goal of helping non-technical users access enterprise data independently.

😟 Problem

Over 85% of AI projects fail to reach production due to fragmented enterprise data. Mid-to-large enterprises struggle with ungoverned information locked in dozens of disconnected legacy systems.

This fragmented setup can slow reporting, limit automation, and make it harder for companies to deploy AI tools across daily operations.

💡 Solution

The startup provides an AI readiness layer that connects fragmented systems into a unified platform without requiring companies to replace their current infrastructure.

The platform offers several core features.

• Creates unified data hubs linking HR, procurement, and finance systems.
• Enables conversational analytics through plain English queries.
• Deploys intelligent agents to automate complex workflows and calculations.

Image credit: ScikIQ

📊 Market size

Global AI spending currently exceeds US$300 billion. The startup targets a US$40 billion segment focused on data readiness. Its primary market comprises 228,000 mid-market enterprises generating between US$100 million and US$1 billion in revenue.

🤝 Team

• Gaurav Shinh. Founder and CEO. He has more than 25 years of experience in data engineering and previously founded DaasLabs, a company focused on enterprise data, AI, and analytics solutions.
• Rohit Kumar. Co-founder and COO. He previously led data and information management projects across analytics, business intelligence, and financial reporting, with experience managing global teams and enterprise data strategies.
• Harsh Raj. Head of product. He has experience in enterprise software architecture, cloud orchestration, and workflow automation, and previously worked at MetaDesign Solutions and Tatak Consultancy Services.

🚀 Traction

• Surpassed US$1 million in annual recurring revenue.
• Maintains a net revenue retention rate above 130%.
• Deployed production software across six industries, including airlines, retail, and healthcare.
• Secured partnerships with Deloitte and Infosys for enterprise deployments.

🏆 Competition

💰 Financials

🚩 Risks