Consint.AI Raises ₹22Cr Series A

Consint.AI, an India-based deeptech startup that develops AI software for fraud detection and claims processing, has raised ₹22 crore in a Series A funding round.

Investors

The funding round was backed by BIG Global Investment JSC, Equanimity Ventures Trust II, and Seafund Venture India Scheme I.

Consint.AI Use of Funds

The startup will use the funding to expand its operations internationally, increase investment in AI research, and strengthen its capacity to deploy technology for enterprise customers. A portion of the capital is dedicated to developing a foundational AI model designed to detect fraud, waste, and abuse across the insurance, banking, financial services, and healthcare sectors.

About Consint.AI

Founded in 2020 by Ashish Chaturvedi, Consint.AI provides software solutions that assist insurers, hospitals, and financial companies in automating fraud detection, document processing, and clinical decision-making. The company claims to have assessed over 100 million transactions to date.

Funding Details

Company Website: https://consint.ai

Company: Consint.AI
Raised: ₹22Cr
Round: Series A
Funding Date: August 2026
Additional Investors: BIG Global Investment JSC, Equanimity Ventures Trust II, Seafund Venture India Scheme I
Software Category: AI
Source: https://indianstartupnews.com/funding/consintai-raises-rs-22-crore-in-series-a-funding-to-expand-globally-strengthen-ai-research-12239827