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Funding · Healthcare & Life Sciences

Consint.AI raises ₹22 crore in Series A funding

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Consint.AI logo
Date
Company
Consint.AI
What it does
AI-powered healthcare and insurance risk management
Kind
Funding
Amount
₹22 Cr
Stage
Series A
Founded
2020
Sector
Healthcare & Life Sciences

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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