In a seed round headed by Equanimity Ventures and Seafund, Consint.AI has raised Rs 5 Cr.
The money raised will be used to speed up the development of the Generative AI Feature Suite for Health AI Platform and scale operations through increased sales outreach.
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Commenting on the investment, Manoj Agarwal, Managing Partner, Seafund, says, “Our focus on emerging tech like GenAI, deep tech, IoT and sustainability has been the guiding force when it comes to backing unique and innovative startups. Consent.AI’s laser sharp focus on solving the problem of healthcare Insurance claims processing and fraud detection improving performance of Insurance and Healthcare institutions is a multi-billion dollar problem to solve and we believe that we have the necessary expertise and network to help the company grow and reach its ambitions.”
With an emphasis on product improvements and faster sales efforts, Consint intends to keep growing Risk.ai in order to facilitate smooth transactions in the developing InsurTech sectors.
Ashish Chaturvedi, Founder and CEO, Consint, says, “This current market traction and milestones highlight the transformative potential of Generative AI in reshaping healthcare as we know it. At Consint, we are pioneering GenAI-driven platforms like CIPHR.ai and Risk.ai to solve complex challenges in healthcare transactions and personalized care. Our focus remains on advancing our Generative AI capabilities to drive innovation, deliver impactful solutions, and empower businesses globally to achieve seamless operations and value-based care. This funding accelerates our mission to lead the charge in AI-powered healthcare transformation.”
About Consint.AI
Founded in 2020 by Ashish Chaturvedi and Swadeep Singh, Consint.AI is a GenAI-driven healthcare insurance fraud and risk management company focused on revolutionizing the insurance sector.
