AI Startup Consint.AI Secures 22 Crore Funding for Global Expansion
Indian AI startup Consint.AI has raised 22 Crore (approximately $2.3 million) in a Series A funding round. The funds will support global market expansion and the development of an AI model for risk and fraud detection.
AI startup Consint.AI, which provides an AI-powered platform for healthcare fraud and management to enterprises, has secured 22 Crore (approximately $2.3 million) in its Series A funding round. The investment was led by BIG Global Investment JSC, with participation from Equanimity Ventures Trust II and Seafund Venture India Scheme I.
The company intends to utilize the new capital to expand its presence into global markets, including the US, MENA region, and Southeast Asia. Additionally, the funding will enhance its AI research capabilities in fraud detection, claims processing, and clinical intelligence.
Consint.AI plans to use the funds to develop a foundational AI model focused on detecting fraud, waste, and abuse (FWA) across the insurance, banking, and financial services industries. This model will power the startup's Risk.ai and CIPHR.ai platforms, designed to help healthcare providers, insurers, and enterprises automate their processes.
The startup has previously raised 5 Crore in a seed round in 2025. Consint.AI states that its platforms have analyzed over 100 million transactions, identifying over 1,000 Crore in fraud. The company operates within the enterprise AI segment, focusing on automation in healthcare and financial services.