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Dineout founders raise $4.5 Mn for medical travel startup

EntrackrEntrackr · 6h ago
Dineout founders raise $4.5 Mn for medical travel startup
Medial

The Medical Travel Company, founded by Dineout alumni Ankit Mehrotra and Sahil Jain, has raised $4.5 million in a seed round led by Nexus Venture Partners. The round also saw participation from Kriscore Capital and international cricketers Ben Stokes, Jofra Archer, and KL Rahul through their athlete-led investment group 4CAST. Angel investors including Sriharsha Majety, Abhishek Goyal, Dr. Ritesh Malik, Manish Vij, Arjun Vaidya, 1947 Rise Fund, and Peercheque also participated. The proceeds will be used to scale operations in India and the UK, expand digital patient management, and strengthen clinical partnerships. It plans to expand to other regions, including the US, Canada, Australia, and Europe, over the next three to four years. The Medical Travel Company offers UK medical oversight, clinical care in accredited hospitals, post-surgery insurance valid in the UK, and end-to-end support including travel, rehab, and concierge services. The platform provides UK patients with access to high-quality treatment in India at affordable costs. Patients benefit from easy, fully managed journeys that ensure continuity of care and peace of mind. The Medical Travel Company combines technology, patient-centric service, and global healthcare expertise to create a trusted medical tourism platform. By providing transparent pricing, reliable aftercare, and doctor oversight, it aims to transform cross-border healthcare access.

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Exclusive: Accel to lead $8 Mn round in wedding service marketplace Meragi

EntrackrEntrackr · 1y ago
Exclusive: Accel to lead $8 Mn round in wedding service marketplace Meragi
Medial

Meragi, an online platform to discover, design and purchase all wedding related services and products, is all set to raise $8 million in a new round, according to two people aware of the development. “Accel will lead the round while existing backers Surge and Venture Highway may also participate. The deal is in the final stage as all paperwork has been completed,” said a source requesting anonymity. Meragi was part of the eighth cohort of Peak XV’s accelerator program Surge which also featured Arintra, AltWorld, Bifrost, Calyx Global, Diri Care, Masterchow, Metastable Materials, RedBrick AI, Requestly, Tentang Anak, and Vaaree. Launched in 2021, Meragi provides modern wedding-related services such as decoration, photography, videography, makeup, hairstyling, mehendi, catering, venue, entertainment, and invitations. The platform allows users to discover, design, and purchase these products and services for various lifestyle events. It also offers destination wedding packages in Goa, Coorg, Chikkamagaluru, Mysuru, and Bengaluru. Accel declined to comment on the story while queries sent to Meragi’s co-founders did not elicit any response until publication of the story. As per data sourced from the company’s regulatory filings, Meragi has raised around Rs 40 crore ($4.5 million) to date from Surge, Venture Highway and angels including Livspace’s co-founder Ramakant Sharma. Currently, Surge is the largest external stakeholder in Meragi with 25% stake, according to startup data intelligence platform TheKredible. Venture Highway controls 20% stake while three co-founders Mukund Mohan Raj, Lakshminarayan Balasubramaniam, and Abhinav Vinay Chandran hold 14.25% stake each in the company. Notably, all three co-founders were part of Livspace for around five years. ShaadiSaga, Wedmegood, Wedding Brigade, and Shaadilogy, among others also compete in the space.

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