Consint.AI raises Rs 5 Cr in seed round led by Equanimity Ventures & Seafund

To accelerate the development of Generative AI Feature Suite for Health AI Platform

GenAI driven healthcare Insurance fraud and risk management company Consint.AI has raised Rs 5 crore in a seed round led by Equanimity Ventures and Seafund.

The capital raised will be deployed to scale operations through expanded sales outreach and accelerate the development of Generative AI Feature Suite for Health AI Platform. This includes enhancing fraud detection, optimising claims processing, and delivering personalised clinical care to drive innovation in healthcare.

Funding raised in the current round 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, Noida-based startup Consint.AI has achieved remarkable traction, expanding into India, the Middle East, and Africa. The company has recently launched CIPHR.ai, an AI-driven platform tailored for hospitals, built upon custom Generative AI models to revolutionise care personalisation in critical patient management. CIPHR.ai provides intelligence at point of care and generates claims transactions enhancing efficiency for healthcare providers. Targeted at emerging health markets and the US Accountable Care Organization (ACO) sector, this platform leverages Generative AI to address the evolving needs of modern healthcare systems

In the last two quarters, the company has achieved significant growth, securing Rs 10+ crore in signed contracts. This includes multiple multi-year agreements with leading insurance providers and hospital systems, highlighting strong market validation and growing demand for its innovative solutions, particularly in the areas of Generative AI and Document Forensics.

Published on : 07th January, 2025