Cricket stars help raise €3.8 million for The Medical Travel Company and its cross-border healthcare

The UK and India-based medical travel startup The Medical Travel Company (TMTC) has raised €3.8 million to bring a new full stack medical solution, offering UK patients world class and affordable treatments in India.

The round has been led by prominent global VC Nexus Venture Partners, with participation from 4CAST, an athlete-led collective and investment group co-founded by England cricket stars Ben Stokes and Jofra Archer and Indian cricketing pro KL Rahul.

Sahil Jain, Co-Founder and CEO of The Medical Travel Company, comments: “Medical tourism is a broken industry: patients face fragmented care, hidden costs, and zero support when they return home. The Medical Travel Company ensures 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. What begins in the UK is only first chapter of a larger vision to transform cross-border healthcare access across the Western world. Because for us, it’s not medical tourism. It’s healthcare certainty.”

In 2025, European health innovation continues to attract investor confidence, with a wave of funding directed at both preventive and operational healthcare technologies.

In Bulgaria, Blue Longevity Clinic secured €2 million to expand its network of longevity-focused clinics across Southern Europe, while London-based Level Zero Health raised €6.6 million to develop the world’s first continuous hormone monitoring device. In parallel, Berlin’s REMATIQ closed a €5.4 million seed round to streamline MedTech regulatory compliance through AI.

Against this backdrop, TMTC’s raise stands out as one of the few 2025 investments focused on cross-border healthcare delivery rather than device or diagnostic innovation. Its UK–India model addresses the inefficiencies of medical tourism by integrating clinical oversight, logistics, and post-treatment continuity – an approach that complements Europe’s broader shift toward patient-centric, digitally enabled care systems.

The company’s current plan is to initially target the UK and create UK-doctor led pathways for patients to access world-class treatment in India at up to 70% lower costs.

Pratik Poddar, Partner at Nexus Venture Partners said: “The medical tourism market holds immense untapped value, and The Medical Travel Company’s full-stack model is the key to unlocking it. Having founded one of India’s most successful consumer-tech stories, Sahil, Ankit and their team are uniquely positioned to build trust and capture this opportunity. India has long been a leading medical frontier, with world-class practitioners and cutting-edge technology; it’s about time this excellence is made globally accessible.”

TMTC was founded in 2024 by Sahil Jain and Ankit Mehrotra, the duo behind Dineout, the restaurant-tech platform that innovated dining in India before its 2022 acquisition by Swiggy for $200 million.

The serial entrepreneurs say they are solving the critical gaps in medical travel by providing:

• Your own UK doctor remains involved before, during, and after treatment.
• Treatment from internationally-trained doctors in globally accredited (JCI, NABH) hospitals.
• An industry-first, 12-month post-surgery insurance policy valid back in the UK at a network of private hospitals
• A fully managed journey with in-house, personalised, all-inclusive after care and concierge logistics.

According to data provided by TMTC, 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 expand and deepen their clinical partnerships in the UK to strengthen patient trust, establish certified treatment pathways for safer medical travel, build the technology to maintain complete medical records so patients have continuity of
care when they return home.

Ben Stokes, founder of 4CAST and captain of the England Test team , said: “We are delighted to announce our investment in The Medical Travel Company. When we first 4CAST in 2021 we wanted our collective of athletes to be able to partner with innovative businesses and great founders. We feel we have done so here and we are excited to back Ankit and Sahil and look forward to supporting their journey ahead with TMTC.”

Jofra Archer, 4CAST Co-founder and England bowler, adds: “From my time playing in the IPL and touring India with England, I’ve always found the medical care and support there to be excellent. We invested because The Medical Travel Company is building a proper bridge for patients, with transparency and professional oversight that really gives peace of mind.”

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