(L-R) Ankit Mehrotra and Sahil Jain, founders, The Medical Travel Company
Dineout Founders Launch Medical Travel Startup, Secure $4.5 Million in Funding
The founders of the popular restaurant booking platform Dineout have launched a new venture in the medical travel sector, raising $4.5 million in a seed funding round. The startup, named GMed, aims to simplify and streamline the process of medical tourism for patients.
The funding round was led by Nexus Venture Partners, with participation from other investors. GMed plans to utilize this capital to enhance its technology platform, expand its network of healthcare providers, and improve its service offerings.
The company’s mission is to provide a comprehensive solution for individuals seeking medical treatment abroad. This includes assisting with appointment scheduling, travel arrangements, accommodation, and post-treatment care. By leveraging technology, GMed intends to make the complexities of medical travel more accessible and manageable for patients.
This new venture by the former Dineout leadership signals a strategic move into a growing market. The founders’ experience in building and scaling a successful consumer-facing platform is expected to be a significant asset in their new endeavor within the healthcare and travel industries.
Key Points
* Funding amount: $4.5 million
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