Calcutta lad uses AI to fast track audit: Midship to help firms achieve efficiency gains

Aahel Iyer, who grew up in Calcutta and relocated to the US to pursue a degree in product design, has an ambitious plan of using artificial intelligence to halve the time required to complete a financial audit.

Teaming up with Kieran Taylor, a machine learning engineer with a background at Amazon, Instacart, and Deloitte and Max Maio, a San Diego native, with software expertise from his tenure at PayPal and other high-growth start-ups, Iyer incorporated Midship in 2024 in San Fransico with an idea to harness the power of AI to initially develop a document data extraction product with horizontal application across industries and then expand the focus on financial audit industry.