DineOut founders secure $4.5 M for medical travel startup

October 07, 2025 | Tuesday | News

To use the funding to target the “broken” $100 billion global medical tourism industry, initially focusing on the UK market

Dineout Founders Ankit Mehrotra and Sahil Jain have secured $4.5 million in a seed funding round, led by prominent global VC fund Nexus Venture Partners, for their latest venture, UK and India-based medical travel startup, The Medical Travel Company. 

Kriscore Capital, an early-stage venture firm, also joined in this funding round along with cricketers Ben Stokes, Jofra Archer, and KL Rahul, all co-founders of 4CAST, an athlete-led collective and investment group.

Together, they will bring their collective influence and experience of India’s healthcare system to support The Medical Travel Company in its goal: to initially target the UK and create reliable, seamless pathways for patients to access world-class treatment in India at considerably lower costs. 

The funding will help The Medical Travel Company, which is based out of both UK and India, drive market expansion in the UK and scale operations across India.

As of June 2025, approximately 7.7 million people in the UK face long waits for elective procedures, particularly in orthopaedics, dental, IVF, gynaecology, ophthalmology and urology. With private care in the UK often unaffordable, medical tourism has surged — over 500,000 UK residents now travel abroad annually for faster, more affordable treatment.

The funds will be used to scale The Medical Travel Company’s operations, enhance digital patient management systems, expand clinical partnerships across India, and accelerate market expansion. While initially focussed on the UK, The Medical Travel Company plans to expand its model to other geographies facing similar challenges — including the US, Canada, Australia and the rest of Europe — over the next three to four years.

 

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