New Delhi, October 7, 2025: The Medical Travel Company, a medical travel startup based in the UK and India, has raised $4.5 million in a seed fundraising round headed by renowned international venture capital firm Nexus Venture Partners. The funding round was obtained by Dineout founders Ankit Mehrotra and Sahil Jain. Along with cricket players Ben Stokes, Jofra Archer, and KL Rahul, who are co-founders of 4CAST, an athlete-led collective and investment organization, Kriscore Capital, an early-stage business firm, also participated in this funding round.
Together, they will use their combined knowledge of India's healthcare system and influence to help The Medical Travel Company achieve its objective, which is to first target the UK and then establish dependable, easy-to-use channels for patients to receive top-notch care in India at much reduced prices. With its headquarters in both India and the UK, The Medical Travel Company will use the financing to expand its operations throughout India and drive market expansion in the UK.
Around 7.7 million people in the UK are expected to wait a lengthy time for elective treatments as of June 2025, especially in the fields of orthopaedics, dentistry, IVF, gynecology, ophthalmology, and urology. Over 500,000 UK citizens now fly overseas each year in search of quicker, less expensive treatment since private care in the UK is sometimes out of reach.
But traditionally, the $100 billion sector has suffered from disjointed services, ambiguous pricing, uneven quality standards, and subpar aftercare, which has left patients and primary caregivers confused, anxious, and occasionally in danger.
Sahil Jain and Ankit Mehrotra, the team of Dineout, a restaurant-tech platform that revolutionized eating in India before to its 2022 acquisition by Swiggy, created The Medical Travel Company. Dineout is one of India's most successful consumer-tech stories.
In order to address the significant gaps in medical travel, the serial entrepreneurs are offering:
"Medical tourism is a broken industry: patients face fragmented care, hidden costs, and zero support when they return home," says Sahil Jain, co-founder and CEO of The Medical Travel Company. True cross-border continuity of care is guaranteed by The Medical Travel Company, which offers post-treatment insurance in the UK, comprehensive rehab and aftercare in India, and UK doctors supervising your care from beginning to end. What starts in the UK is really the beginning of a bigger plan to change access to healthcare across borders in the West. Because it isn't medical tourism to us. It is a given in healthcare.
"We're rebuilding medical tourism from the ground up, not just interfering with it. We know how to transform a fragmented market into a smooth one thanks to our experience at Dineout in growing consumer trust internationally. Currently, 500,000 people from the UK are seeking treatment overseas. Regardless of location, millions of people worldwide will have access to the best care available tomorrow. Ankit Mehrotra, co-founder of The Medical Travel Company, continued, "We're constructing the framework for healthcare that transcends national boundaries."
Several well-known angel investors took part in this round, including 1947 Rise Fund, Peercheque, Dr. Rith Malik (Innov8), Manish Vij (Smile Group), Sriharsha Majety (Co-Founder, Swiggy), Abhishek Goyal (Founder of Tracxn), and Arjun Vaidya (Dr. Vaidya's and V3 Ventures).
The money will be utilized to improve digital patient management systems, increase clinical collaborations throughout India, scale The Medical Travel Company's operations, and quicken market expansion. Over the next three to four years, The Medical Travel Company intends to extend its concept to other regions dealing with comparable issues, such as the US, Canada, Australia, and the rest of Europe, despite its original focus on the UK.
"The Medical Travel Company's full-stack model is the key to unlocking the medical tourism market's immense untapped value," stated Pratik Poddar, Partner at Nexus Venture Partners. Sahil, Ankit, and their team are in a unique position to gain trust and seize this opportunity because they established one of India's most successful consumer-tech tales. With top-notch medical professionals and state-of-the-art equipment, India has long been a pioneer in the field; it is past time that this excellence be made available to everyone.
Ankit and Sahil have already demonstrated their capacity for large-scale development, and with The Medical Travel Company, they are filling one of the most pressing healthcare shortages and promoting India's advantages internationally, according to Nilesh Balakrishnan, Managing Partner at Kriscore Capital. The Medical Travel Company is establishing a new benchmark for how to address the pressing issue of timely and reasonably priced healthcare access.
"We are thrilled to announce our investment in The Medical Travel Company," stated Ben Stokes, the founder of 4CAST and captain of the England Test team. We wanted our group of athletes to be able to collaborate with creative companies and outstanding CEOs when we first launched 4CAST in 2021. We believe we have succeeded here, and we are thrilled to support Ankit and Sahil as they continue their journey with TMTC."
"It is great to announce this investment between 4CAST and The Medical Travel Company; we feel it is a perfect combination," said K.L. Rahul, co-founder of 4CAST. I grew up in India, and I have seen how the nation has advanced over the years in a variety of areas. Working with Ankit, Sahil, and his team to help establish new avenues for patients while guaranteeing appropriate assistance along the entire process excites us much.
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