Shaip.com focuses on handling training data for Artificial Intelligence and Machine Learning Platforms with Human-in- the-Loop to create, license, or transform data into high-quality training data for AI models. Their offerings consist of Data Licensing, Sourcing, Annotation and Data De-Identification for a diverse set of verticals like healthcare, banking, finance, insurance, etc.

1. I
n line with our ‘Company In Focus’ issue, Shaip has been recognized as one of the outstanding service providers that have set
major benchmarks across the industry with their exclusive offerings. As we sat down for an informal conversation with the CEO
- Vatsal Ghiya, we came across some phenomenal insights into the Artificial Intelligence industry. This freewheeling conversation
with him gave us valuable nuggets of knowledge that we believe will help our readership bag better insights of the AI World.
THE PREFACE
Shaip is a comprehensive data management platform designed for organisations that are looking to solve AI-related issues to ensure
a smarter, swifter and better workflow. The company has been supporting all aspects of AI-training data by seamlessly scaling the
client’s people, platform & processes to develop AI/ML models. Shaip has many clients, including Fortune 500 companies such as
Amazon, Google, and Microsoft. The company has put forth a diverse range of services such as AI Training Data Collection, Data
Licensing, Data Labeling / Annotation, Data Transcription and Data De-identification.
It stimulates value, insights intelligence to induce business scalability by catering end-to-end AI solutions. All of this has been made
possible by offering a unique combination of humans-in-the-loop platform, proven processes and skilled people. Their forte is to
create, license and transform unstructured data into highly accurate and customized training data for the clients embarking upon the
challenging AI initiatives.
A GLANCE OVER THE USPS
When asked to reveal the differentiating characteristics of the platform offered by Shaip, Vatsal responded by saying, “Our platform
supports 150+ languages, text, audio and images where we prove our expertise in data collection by customizing the solutions
as per the client’s requirements. As a proprietary Data Collection App & Platform, its efficacy has ensured a sheer repetition of
several projects from Fortune 500 customers. Owing to the low-cost data sourcing and cost-effective resources hailing from emerging
geographics, Shaip has made its steadfast commitment to the targeted audience in the most affirmative manner.”
Shaip
An enterprise with a difference…
Shaip has ensured an exclusive 3-way
approach-
1. Platform: Shaip’s web-based platform has
been proved to be an instrumental part of
every project. Relying on full end-to-end
integration simplifies workflow, reduces
the friction of working with a distributed
global workforce, inducing better visibility,
real-time quality management and
immaculate partnerships.
2. People: With its robust team of 7,000+
collaborators consisting of credentialed
project management, technology teams
& task-groups work on Data Creation,
Annotation, Sentiment Analysis, NER,
QA, etc., team Shaip well acknowledges
the nuances of the client’s businesses to
add significant value- be it individually
or collectively where high-quality is the
foremost priority.
3. Process: When it comes to processes and
policies, Shaip is defined as encouraging
open communication targeting- scale and
quality. For impeccable processes, the
dedicated team of 6 Sigma Black Belts
strives every nerve to introduce a set of
processes allowing short feedback loops
and promoting a rapid time-to-market.
IN SYNERGY WITH TECHNOLOGY
Vatsal explains that Shaip has firm
access to the best resources and tools if
it comes to being in sync with the tech
advancements. The tech team of the
company is in constant touch with the
industry experts, influencers and thought
leaders dominating the technology
space. Every team member is ensured to
regularly undergo certification courses
and be part of the relevant events to be in
harmony with the tech-trends happening
across the market. He concluded that the
teammates also make individual efforts
by considering tech forums, social media
and tech blogs to upgrade their existing
knowledge.
Moreover, innovation, invention and
progress are stimulated by a seamless
R&D process, affirms the CEO. He
states that it is a first-mover advantage
to stay ahead of the curve and get a
leading edge in any market. In this
direction, the development of productive
technologies posing cost- optimization
and automation has always been their
focal points to invest in.
A culture channelizing positivity
The thought leadership at Shaip makes
consistent strides to build a healthy and
nurturing culture by setting up solid
systems via personal development
pieces comprising training, channelizing
energy, motivating employees, for which,
a work culture promoting work-life
balance is the mandate. The cultural
principles on which the company
thrives are - integrity, learning attitude,
consultancy, and practising what you
preach. All these values have allowed
them to earn the trust of the customers,
maintaining their reputation in the
targeted market.
“We all learn every day and enrich
ourselves through healthy discussions
to gain insights or advice from leaders
who have the requisite experience.
People don’t do what you say, they
will do what they see their leaders
do,” conveys Vatsal.
NOTCHES ON ITS BELT
Within a short span of time, Shaip has
witnessed a manifold expansion in
terms of its growth. And throughout
its journey, the company has crossed
several milestones while bagging
multiple recognitions. From being the
fastest-growing tech company with a
7X growth rate in terms of revenue to
being self-funded yet cash positive from
day one, Shaip has seen exponential
growth. What started as a 2 employee
company has now turned into a firm
with a 130+ headcount within 15 months
only. Additionally, they are already in
talks with some of the leading Venture
Capitalists in the US for Series A funding.
A few of Shaip’s considerable
achievements have been mentioned
below-
• Shaip has been awarded - Leading
Innovators in Data Licensing &
Sourcing 2020 and Best Scalable AI
Platform Start-Up 2020 hosted by
Wealth & Finance published by AI
Publishing.
• It has bagged recognition as the
Most Empowering AI Initiative
Developments Facilitators 2021
in North America Business Elite
Awards by AI Publishing 2021.
• Shaip has been featured as one of the
Most Promising Data Annotation
Companies to Watch out for in 2021
by Silicon India.
• It has been featured as one of the
Best Data Annotation Companies for
Machine Learning by AI demands.
• Shaip has also been acknowledged
as one of the leading vendors by
Data Magazine UK in the Big Data
category.
• Shaip was identified as a leading
vendor in the AI space by start-up
tips.
CSR INITIATIVES
All the CSR initiatives ensured by Shaip
have contributed to the sustainable
growth of the society along with focusing
on their core values. Business profits
have never been their priority instead
people-centric approach is what exists
in their DNA. Vatsal claims, “We aim to
promote sustainable development in the
market and strive to make a difference
within the community that we live in.”
With the insightful approach to start the
waves of change, the leadership team has
introduced- PRAYAS... Ek Soch. This has
been done in recognition of the fact that
as a fast-growing organisation, they have
an obligation to society and contribute
to its growth- environmentally, ethically
& economically. Under the umbrella of
PRAYAS, they have started a dedicated
blood donation camp, tree plantation
drive, sponsorship education, cloth, food
and book distribution campaign,etc.
UPCOMING ENDEAVOURS
The core leadership team of Shaip has
envisioned building an Integrated SaaS
Data Platform that endorses every data
type i.eText, Image, Audio, Video, and
offers different services such as Data
Collection, Labeling, De-identification,
Transcription round the clock. The
platform will be supported by managed
workforce in real-time from all across the
globe as the ‘additive’ propositions in
their solutions soon.
Vatsal Ghiya
CEO