Dineout founders raise $4.5 million for medical travel startup from Nexus, Swiggy's Sriharsha Majety, England cricketers, others

The startup will use the capital to expand in the UK, build digital patient management systems, grow clinical partnerships in India and scale operations

Dineout founders Ankit Mehrotra and Sahil Jain have raised $4.5 million in a Seed round for their new venture, The Medical Travel Company, which aims to overhaul the $100-billion global medical tourism industry.

Who invested in the round?

The $4.5 million Seed round was led by Nexus Venture Partners, with participation from Kriscore Capital and athlete-led investment collective 4CAST, founded by international cricketers Ben Stokes, Jofra Archer and K.L. Rahul.

Prominent angel investors also joined the round, including Sriharsha Majety (co-founder, Swiggy - which acquired Dineout), Abhishek Goyal (Tracxn), Dr Ritesh Malik (Innov8), Manish Vij (Smile Group) and Arjun Vaidya (Dr Vaidya’s, V3 Ventures), along with 1947 Rise Fund and Peercheque.

How will the company use the funds?

The startup will use the capital to expand in the UK, build digital patient management systems, grow clinical partnerships in India and scale operations. Over the next three to four years, it plans to replicate its model in markets such as the US, Canada, Australia and Europe.

What does the company do?

The UK and India-based startup wants to create transparent and reliable pathways for patients abroad to access high-quality treatment in India at significantly lower costs. It is initially targeting the UK, where overstretched public health infrastructure and high private healthcare prices have driven a surge in medical travel.

As of June 2025, around 7.7 million people in the UK were waiting for elective procedures, with orthopaedics, dental care, IVF, gynaecology, ophthalmology and urology facing the longest delays, the company said.

Sahil Jain, co-founder and CEO, said medical tourism is a broken industry where “patients face fragmented care, hidden costs, and zero support when they return home.” He added that the company wants 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.”

Pratik Poddar, Partner at Nexus, said the company’s “full-stack model is the key to unlocking immense untapped value in medical tourism.”

Nilesh Balakrishnan of Kriscore Capital said the founders are “addressing an urgent healthcare gap while showcasing India’s strengths globally.”

How does its model work?

The Medical Travel Company provides end-to-end support, from UK medical oversight and treatment in internationally accredited Indian hospitals to post-surgery insurance and concierge aftercare.

Jain said the company aims to bring “unprecedented transparency and peace of mind” to a fragmented industry. Mehrotra added that they are “rebuilding medical tourism from the ground up” using their Dineout experience to build consumer trust across borders.

Who are the founders and what’s their track record?

Sahil Jain and Ankit Mehrotra previously co-founded Dineout, the restaurant-tech startup acquired by Swiggy in 2022. Their new venture applies their consumer-tech experience to a large, underserved global healthcare market.

The funding comes as long waiting lists and rising costs in Western healthcare systems push more patients abroad. India’s medical infrastructure and lower costs make it a key destination, and The Medical Travel Company is looking to formalise and scale that opportunity