Consint.AI, a deeptech company transforming healthcare and insurance risk management through artificial intelligence, has raised Rs 22 crore ($2.3 million) in a Series A funding round backed by BIG Global Investment JSC, Equanimity Ventures Trust II and Seafund Venture India Scheme I.
The proceeds will be used to expand globally, strengthen its AI research and enterprise delivery capabilities, and develop a foundational model for detecting fraud, waste and abuse across healthcare, insurance, banking and financial services.
Founded by Ashish Chaturvedi, Consint.AI develops AI platforms for healthcare and insurance risk management.
The company has assessed more than 100 million transactions and identified over Rs 1,000 crore in fraud using more than 500 AI and machine learning models, fine-tuned LLMs and over 500 digitised clinical protocols.
The startup also works across claims processing, document forensics and clinical intelligence. Its new foundational model will be designed to improve fraud detection and support insurers, healthcare providers and government health programmes.
With the latest funding, Consint.AI plans to expand its operations across India, the Middle East, Africa, the United States and Southeast Asia while adding more AI-based healthcare and insurance solutions to its platform.
