PE-VC Fund Investments
B2B health-tech player Consint.AI raises $2.3 M in Series A
Noida-based Consint.AI has raised USD 2.3 million (INR 22 crore) in a Series A funding round from BIG Global Investment JSC, Equanimity Ventures (via Equanimity Ventures Trust II) and SEA Fund (via Seafund Venture India Scheme I).Founded by Ashish Chaturvedi, the company develops AI platforms for healthcare and insurance risk management. The firm uses a combination of machine learning models, fine-tuned large language models, and digitised clinical protocols to facilitate claims processing, document forensics, and clinical intelligence.The company plans to use the new funds to expand its operations across India, the Middle East, Africa, the US, and Southeast Asia. Additionally, the capital will support the strengthening of its AI research and enterprise delivery capabilities, as well as the development of a foundational model designed to detect fraud, waste, and abuse within the healthcare, insurance, and banking sectors.
In Jan 2025, Consint.AI had attracted about $0.6-M from Equanimity Investments, SEA Fund and others.
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