GenAI startup Consint.AI raises Rs 5 Cr in seed round

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

The proceeds will be deployed to scale operations through expanded sales outreach and ramp up the development of Generative AI Feature Suite for the Health AI platform. It will also support team expansion, infrastructure upgrades, and R&D efforts to strengthen its position as a leader in the health tech solutions market.

Founded in 2020 by Ashish Chaturvedi and later joined by Swadeep Singh as co-founder, Consint.AI is a generative AI-driven healthcare fraud and risk management firm that aims to optimize healthcare claims transactions. 

The platform claims to make it affordable and efficient with its platforms like Risk.ai, engineered to optimize insurance transactions and mitigate fraud, and CIPHR.ai which is designed to enhance critical patient management and streamline claims generation. 

In the last 12 months, Consint.AI claims to have expanded into India, the Middle East, and Africa.