Consint.AI Bags ₹22 Cr To Expand Globally, Build AI

What happened

3 Mn) in its Series A funding round from BIG Global Investment JSC, Equanimity Ventures Trust II, and Seafund Venture India Scheme I. The startup intends to utilise the fresh funds to expand into global markets like the US, MENA, and Southeast Asia. It will also enhance its AI research in fraud detection and claim processing as well as clinical intelligence.

Consint claims to have assessed over 100 Mn transactions on its platform and identified over ₹1,000 Cr in fraud using its AI/ML models and digitised clinical protocols. AI had earlier raised ₹5 Cr in a seed round in 2025 from Equanimity Ventures and Seafund. With the latest infusion, the startup’s total funding rose to over ₹27 Cr.

Why it matters

The funds will help the Delhi NCR-based startup develop a foundational model that caters to fraud, waste and abuse (FWA) detection across the insurance, banking and financial services industry. ai, which aid healthcare providers, insurers, and enterprises in automating processes. AI identifies fraudulent transactions and assess underwriting risks and CIPHR AI standardises structured and unstructured patient health records to support clinical workflows and population health analytics.

It also has other proprietary platforms, including AutoClaim AI, which is an automated claims processing platform that evaluates insurance claims against policy rules and clinical guidelines. It also offers DocInsight AI, an AI-powered document intelligence platform that digitises and classifies documents using OCR and natural language processing.

Founded in 2020 by Ashish Chaturvedi, Swadeep Singh and Rajat Shah, the startup offers a suite of AI products designed to automate claims processing, detect fraud, digitise documents and standardise healthcare records. The startup primarily targets insurers, hospitals and financial institutions looking to automate high-volume operational workflows while improving compliance and fraud detection.

What to watch

It operates in the increasingly crowded enterprise AI segment focused on healthcare, insurance and BFSI automation, where startups are using AI to streamline claims processing, fraud detection, underwriting and document intelligence. Apart from global incumbents, India’s startup ecosystem has also seen a wave of specialised players building vertical AI solutions.

For instance, Jivi is applying generative AI to clinical workflows and patient care, while Pype AI is developing AI voice agents for healthcare providers, highlighting investor appetite for domain-specific enterprise AI platforms.