AI startup SCIKIQ has announced raising funds for expansion. In a media release, SCIKIQ said that it has raised USD 1.5 million or about Rs 14 crore in the maiden funding round. The funding round was led by Triton Investment Advisors.
SCIKIQ is an AI-native enterprise intelligence platform.
SCIKIQ said the fund will be utilised for global expansion, sales and marketing, and product development.
The AI Startup plans to strengthen its footprint in key international markets, including the USA, the UK, and the UAE, by establishing local offices, hiring regional teams, and investing in leadership roles across sales and go-to-market operations.
Additionally, a portion of the funds will be deployed to further augment the SCIKIQ Data Platform with new data and AI capabilities.
“This funding marks a major inflection point for SCIKIQ at a time when enterprise AI adoption is entering a decisive phase globally, we are poised to accelerate product innovation, strengthen our AI capabilities and expand internationally,” Gaurav Shinh, the founder of SCIKIQ, which enables organisations to unify, govern, and operationalise data for AI and analytics, said.
The AI startup currently serves clients across sectors such as BFSI, supply chain, retail, airlines, manufacturing, and healthcare.
