Consint.AI raises $2.3M Series A to build fraud-detection AI model
What's the deal? Consint.AIDealroom has a profile for this one. Try Dealroom →, an Indian deeptech company working on healthcare and insurance risk management, has raised Rs 22 crore ($2.3 million) in a Series A round. Backers include BIG Global Investment JSC, Equanimity Ventures Trust II and Seafund Venture India Scheme I.
What's the endgame? Founded by Ashish ChaturvediDealroom has a profile for this one. Try Dealroom →, the company builds AI platforms for detecting fraud, waste and abuse across healthcare, insurance, banking and financial services. It says it has assessed more than 100 million transactions and identified over Rs 1,000 crore in fraud.
Where's the money going? Consint.AI plans to expand across India, the Middle East, Africa, the United States and Southeast Asia. It will also strengthen its AI research and develop a foundational model to support insurers, healthcare providers and government health programmes.
What's under the hood? The company runs more than 500 AI and machine learning models, fine-tuned LLMs and over 500 digitised clinical protocols. Its work spans claims processing, document forensics and clinical intelligence.
The signal: The round marks a step-up for Consint.AI, reflecting investor appetite for AI applied to fraud in healthcare and insurance systems.
Read more: Entrackr
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