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Dineout Founders Raise $4.5 Mn for The Medical Travel Company

by Ishaan Negi
October 8, 2025
in Business, Markets, News, Tech, Trending, World
Reading Time: 3 mins read
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Dineout Founders Raise $4.5 Mn for The Medical Travel Company

Credits: Entrackr

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Dineout founders Ankit Mehrotra and Sahil Jain are back with a new venture , The Medical Travel Company, that aims to transform the $100 billion global medical tourism industry. The UK and India-based startup has raised $4.5 million in a Seed round led by Nexus Venture Partners, with participation from Kriscore Capital and 4CAST, an athlete-led investment collective founded by cricketers Ben Stokes, Jofra Archer, and K.L. Rahul.

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Prominent angel investors including Sriharsha Majety (Swiggy), Abhishek Goyal (Tracxn), Dr Ritesh Malik (Innov8), Manish Vij (Smile Group), and Arjun Vaidya (Dr Vaidya’s, V3 Ventures) also backed the round, alongside 1947 Rise Fund and Peercheque.

Dineout founders raise $4.5 Mn for medical travel startup | Business Review  Live | Business News, Reviews | Entrepreneur Stories, Interviews | Kerala |  India

Credits: Business Review Live

Aiming to Fix a Broken Global Industry

Medical tourism has long been viewed as an industry full of promise — but equally full of pitfalls. Patients often encounter hidden costs, unreliable intermediaries, and a lack of post-surgery care when seeking treatment abroad. Recognising this gap, Jain and Mehrotra are building a “full-stack” healthcare platform that provides seamless, transparent, and safe medical travel experiences.

“The medical tourism industry is broken. Patients face fragmented care, hidden costs, and zero support when they return home,” said Sahil Jain, Co-founder and CEO of The Medical Travel Company. “We want to offer true continuity of care across borders — UK doctors overseeing your care from start to finish, all-inclusive rehab and aftercare in India, and post-treatment insurance in the UK.”

A Global Problem with an Indian Solution

The company is initially targeting the UK market, where public healthcare delays have created an urgent demand for affordable private alternatives. As of June 2025, nearly 7.7 million people in the UK were waiting for elective medical procedures — with orthopaedics, dental care, IVF, gynaecology, ophthalmology, and urology facing the longest queues.

By offering patients treatment in India’s internationally accredited hospitals, The Medical Travel Company plans to make high-quality procedures accessible at a fraction of UK costs, while maintaining global standards of safety and continuity.

“India’s healthcare system has both the capacity and quality to serve the world,” said Nilesh Balakrishnan of Kriscore Capital. “This model not only addresses an urgent healthcare gap but also showcases India’s medical strengths on a global stage.”

How the Model Works

The Medical Travel Company provides end-to-end patient support — from pre-treatment consultations with UK doctors to hospital admissions, travel logistics, and post-surgery rehabilitation in India. What sets it apart is its integration of technology and trust.

Its digital patient management system ensures transparency, while partnerships with leading hospitals in India guarantee international standards of care. Once the patient returns home, post-treatment insurance and follow-up care through UK-based doctors complete the cycle — an innovation rarely seen in the fragmented medical tourism sector.

“This is about bringing peace of mind to a process that’s historically been opaque,” said Ankit Mehrotra, Co-founder of The Medical Travel Company. “We’re rebuilding medical tourism from the ground up — just as we built consumer trust in the dining sector with Dineout.”

Expansion and Future Plans

With the fresh capital, the company plans to expand in the UK, strengthen its clinical partnerships in India, and invest in digital infrastructure to manage patient care seamlessly across borders. Over the next three to four years, the startup aims to enter the US, Canada, Australia, and European markets, replicating its model wherever healthcare systems are overburdened and costs are high.

According to Pratik Poddar, Partner at Nexus Venture Partners, “The full-stack model is the key to unlocking immense untapped value in medical tourism. This approach can fundamentally redefine how patients experience cross-border healthcare.”

Dineout founders raise $4.5 million for medical travel startup from Nexus  Venture Partners, others - The Economic Times | Medial

Credits: Medial

Founders with Proven Execution Power

Sahil Jain and Ankit Mehrotra are no strangers to scaling complex consumer-tech ventures. Their previous startup, Dineout, revolutionised India’s restaurant discovery and reservations ecosystem before being acquired by Swiggy in 2022. Now, they’re applying that same expertise to a new frontier — global healthcare.

As Western healthcare systems face mounting pressure, and India cements its place as a medical powerhouse, The Medical Travel Company stands at the intersection of technology, trust, and treatment — ready to make medical tourism simpler, safer, and smarter.

Tags: #health_tourism#the_medical_travel_companyDineoutfundingSwiggy
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Ishaan Negi

Ishaan is a student at Sri Venkateswara College, University of Delhi, where he combines his academic pursuits with a deep passion for technology and storytelling. Ever since his school days, Ishaan has been an avid reader, a thoughtful writer, and an articulate speaker. These interests have naturally evolved into a strong inclination towards journalism, especially in the fast-paced world of tech. Known for his balanced approach, Ishaan is committed to presenting unbiased viewpoints and ensuring every story he tells is rooted in facts and multiple perspectives. Whether he’s reporting on emerging startups, corporate developments, or ethical issues in the tech space, he brings a sharp analytical lens and a curiosity-driven mindset to his work. With a strong foundation in research and communication, Ishaan strives to make complex topics accessible to readers while maintaining depth and nuance. His goal is not just to inform but also to spark thoughtful conversations around the ever-evolving tech landscape.

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