Funding · Healthcare & Life Sciences
Consint.AI raises ₹22 crore in Series A funding
By Startup Enthusiast ·
- Date
- Company
- Consint.AI
- What it does
- AI-powered healthcare and insurance risk management
- Kind
- Funding
- Amount
- ₹22 Cr
- Stage
- Series A
- Founded
- 2020
What they do
Consint.AI builds AI platforms for healthcare and insurance risk management, fraud detection and claims processing
What happened
It raised ₹22 crore (about $2.3 million) in Series A from BIG Global Investment JSC, Equanimity Ventures Trust II and Seafund Venture India Scheme I
Why it matters
The company plans to expand globally and build a foundational AI model for fraud, waste and abuse detection
The details
- Consint.AI raised ₹22 crore (about $2.6 million) in Series A funding.
- The round was led by BIG Global Investment JSC, Equanimity Ventures Trust II and Seafund Venture India Scheme I.
- The company will use the funds for global expansion into India, Middle East, Africa, United States and Southeast Asia.
- It will also invest in AI research and build a foundational model for fraud, waste and abuse (FWA) detection.
- The model will target insurance, banking, financial services, healthcare and government health programs.
- Consint.AI also plans to enhance enterprise delivery and expand its product portfolio.
The bigger picture
- Consint.AI has already assessed over 100 million transactions and identified fraud worth over ₹1,000 crore.
- It has built 500+ AI/ML models and digitised 500+ clinical protocols.
- The company previously raised a ₹5 crore seed round in January 2025 led by Equanimity Ventures and Seafund.
About the business
- Consint.AI provides AI-powered platforms for healthcare and insurance risk management, fraud detection, claims processing, document forensics and clinical intelligence.
- Its products include Risk AI (fraud risk management), DocInsight (document digitisation), CIPHR (patient health journey) and AutoClaim (smart claim processing).
- The company serves insurance, banking, financial services and healthcare industries.
- It has assessed over 100 million transactions and identified fraud worth over ₹1,000 crore.
- The company has developed 500+ AI/ML models and digitised 500+ clinical protocols.
What happens next
- Expand globally into India, Middle East, Africa, United States and Southeast Asia.
- Invest in AI research and build a foundational model for fraud, waste and abuse detection.
- Enhance enterprise delivery and expand the product portfolio.
The deal
- Type
- Series A
Investors
- BIG Global Investment JSC (lead) — An investment firm participating in this round.
- Equanimity Ventures Trust II (lead) — An investment trust that also led the previous seed round.
- Seafund Venture India Scheme I (lead) — A venture fund that also participated in the previous seed round.
Founders
- Ashish Chaturvedi, Founder and CEO
- Preeti Chaturvedi, COO
About Consint.AI
- Product
- AI platforms for healthcare and insurance risk management, claims processing, and fraud detection.
- Customers
- Healthcare providers, insurers, banks, financial firms, and some government health programs.
- How it makes money
- Sells enterprise AI software and deployment services to organizations managing claims and risk.
- What sets it apart
- Uses a foundational model and a large set of AI and machine-learning models tuned for fraud, waste, and abuse detection.
- Operations
- Based in Delhi NCR and focused on enterprise deployment across healthcare and financial services.
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