Generative AI-driven healthcare insurance fraud and risk management firm Consint.AI has raised Rs 5 crore in its seed funding round led by Equanimity Ventures and Seafund.

The funds will be utilized to scale operations by expanding sales outreach and enhancing the development of its Generative AI Feature Suite for its Health AI platform. The company also plans to invest in team expansion, infrastructure upgrades, and research and development to solidify its leadership position in the health-tech solutions market.

Founded in 2020 by Ashish Chaturvedi, with Swadeep Singh joining later as co-founder, Consint.AI specializes in leveraging generative AI to optimize healthcare claims transactions. The firm’s platforms—Risk.ai and CIPHR.ai—are designed to address key industry pain points.

• Risk.ai focuses on optimizing insurance transactions and mitigating fraud, ensuring affordability and efficiency for stakeholders.
• CIPHR.ai enhances critical patient management while streamlining claims generation.

In the past 12 months, Consint.AI has expanded its operations across India, the Middle East, and Africa, marking a significant milestone in its global growth strategy.

This funding round positions Consint.AI to strengthen its footprint in the health-tech industry, delivering cutting-edge solutions to combat fraud and streamline healthcare claims processes.