Consint.AI Secures ₹22 Crore in Series A Funding to Scale Its Deeptech AI Platforms and Advance a Foundational Model for Fraud, Waste and Abuse Detection
Consint.AI Secures ₹22 Crore in Series A Funding. The funding round was backed by prominent technology investors, including BIG Global Investment JSC, Equanimity Ventures Trust II, and Seafund Venture India Scheme I.
The funding round was backed by prominent technology investors, including BIG Global Investment JSC, Equanimity Ventures Trust II, and Seafund Venture India Scheme I.
Consint.AI, a deeptech company transforming healthcare and insurance risk management through artificial intelligence, has raised ₹22 crore in Series A funding to accelerate its next phase of growth.
The funding round was backed by prominent technology investors, including BIG Global Investment JSC, Equanimity Ventures Trust II, and Seafund Venture India Scheme I. The fresh capital will be deployed to accelerate global expansion, deepen AI research, including the development of a foundational model purpose-built for fraud, waste and abuse (FWA) detection; strengthen enterprise delivery capabilities, and expand its portfolio of AI-powered healthcare and insurance solutions.
Consint.AI has built a strong foundation of AI-driven innovation and measurable business impact across enterprise ecosystems with 100+ million transactions assessed, identified over INR 10 billion in fraud using its 500+ AI/ML models, fine-tuned LLMs and 500+ digitised clinical protocols.
The capital injection will drive expansion across platform innovation, technology capabilities, and global presence: a core focus of this round is building foundational models trained specifically for fraud, waste, and abuse (FWA) detection across the insurance, banking and financial services industry and delivering higher accuracy, faster inference, and data sovereignty for clients. Consint.AI will also deepen its focus on claims processing, document forensics, and clinical intelligence, and expand operations across India, the Middle East, Africa, the United States, and Southeast Asia.
“Securing this funding is a strong validation of our vision to transform healthcare and insurance operations through AI. A significant part of this capital will go toward a problem we've chosen to go deep on rather than wide: building a foundational model purpose-built for fraud, waste and abuse detection, one that can serve insurers, healthcare providers, and government health programs alike. This funding lets us build that properly, expand our global footprint, and deliver intelligent solutions that help organizations reduce risk, improve efficiency, and create better outcomes for patients and policyholders alike,” said Ashish Chaturvedi, Founder and CEO of Consint.AI
"Crossing the ₹22 crore funding milestone is a strong validation of the operational foundation we have built over the years. At Consint.AI, our focus has always been on delivering AI solutions that solve real-world challenges for healthcare providers and insurers. This investment will enable us to strengthen our delivery capabilities, expand our global operations, and continue building scalable, secure, and enterprise-ready AI platforms. As we grow, our commitment remains unchanged—to create measurable value for our customers through innovation, operational excellence, and responsible AI," said Preeti Chaturvedi, COO, Consint.AI
In a statement, BIG Global Investment JSC said, “We are excited to partner with Consint.AI with its innovative AI solutions to reduce fraud and waste in Healthcare Insurance claims processing, a global problem with tremendous growth potential. We believe the company’s proven success in reducing fraud will direct resources to the deserving patients; increase quality of health care services; and relieve financial stress on the healthcare providers, enabling reinvestment into medical technology to improve overall patient experience.
Equanimity Ventures Trust II added, “"At Equanimity, we back founders building technology-led businesses with enduring impact. Consint.AI's innovation, customer traction, and global ambition make it a compelling addition to our portfolio. Partnering with ambitious founders building technology-led businesses with the potential to create long-term impact through strategic mentorship and network support.”
A spokesperson from Seafund Venture India Scheme I said, “Nurturing high-potential, innovation-driven ventures across emerging sectors to empower entrepreneurs and build scalable businesses.”
