Healthcare AI startup Consint.AI raises Rs 22 Cr in Series A funding round
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 money raised will be used to grow internationally, improve its enterprise delivery and AI research skills, and create a fundamental model for identifying fraud, waste, and abuse in the banking, finance, healthcare, and insurance industries.
Ashish Chaturvedi founded Consint.AI creates AI solutions for risk management in healthcare and insurance.
Using more than 500 AI and machine learning models, improved LLMs, and more than 500 digitized clinical protocols, the company has evaluated more than 100 million transactions and found over Rs 1,000 crore in fraud.
Additionally, the startup specializes on clinical intelligence, document forensics, and claims processing. Its new core approach will assist government health programs, insurers, and healthcare providers while enhancing fraud detection.
Consint has the most recent funding.In addition to introducing new AI-based healthcare and insurance solutions to its platform, AI intends to grow its operations throughout India, the Middle East, Africa, the United States, and Southeast Asia.
