Consint.AI Raises Rs 5 Cr Seed Funding Led By Equanimity Ventures

Consint.AI, a healthcare tech startup powered by Generative AI, recently raised ₹5 crore in seed funding led by Equanimity Ventures and Seafund.

Funding Utilisation

The startup plans to use the funds to grow its operations by expanding sales efforts and developing a suite of Generative AI features for its Health AI platform. It will also support team growth, infrastructure improvements, and R&D to strengthen its position in the health tech market.

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Ashish Chaturvedi, Founder and CEO, Consint, said, "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."

Manoj Agarwal, Managing Partner at Seafund, said, "Consint.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."

About Consint.AI

Founded in 2020 by Ashish Chaturvedi, with Swadeep Singh joining later, the company develops AI-powered tools to monitor payments and simplify claims processing.

The startup's flashgip solutions, Risk.ai and CIPHR.ai, improve insurance transactions, reduce fraud, and enhance patient management. CIPHR.ai, designed for hospitals, uses Generative AI to provide on-the-spot intelligence, streamline claims, and assist in critical patient care. 

These solutions are used in India, the Middle East, and Africa. The company has secured over ₹10 crore in multi-year contracts with insurance providers and hospitals, showing strong market demand and success.

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