The GenAI-powered healthcare insurance fraud and risk management startup Consint.AI, led by Equanimity Ventures and Seafund, has raised Rs. 5 crore in a seed funding round.

With the fund raised, the startup intends to accelerate the development of the Generative AI Feature Suite for the Health AI Platform and scale operations through increased sales outreach. To promote innovation in healthcare, this entails improving fraud detection, streamlining the claims process, and providing individualized clinical care.

The fund will also be used to support R&D initiatives, team growth, and infrastructure improvements in an effort to solidify the company's position as a market leader for health tech solutions.

Consint.AI is a cutting-edge Generative AI-driven healthcare fraud and risk management company that was founded in 2020 by Ashish Chaturvedi and later joined by Swadeep Singh as a Co-Founder. Its mission is to transform healthcare transactions and personalized care.

With the help of its innovative platforms, such as Risk.ai, which is built to optimize insurance transactions and mitigate fraud, and CIPHR.ai, which is intended to improve crucial patient management and expedite claims generation, the startup hopes to optimize healthcare claims transactions and make them affordable and efficient.

Businesses in emerging markets and the United States can now leverage cutting-edge Generative AI solutions to drive sustainable growth, operational efficiency, and value-based care.

Consint.AI has gained incredible traction over the past 12 months, entering Africa, the Middle East, and India.

Recently, the startup unveiled CIPHR.ai, an AI-driven platform designed specifically for hospitals and based on bespoke Generative AI models to transform the personalization of care in critical patient management.