Student mobility platform Crizac Limited has made a strategic investment in ForeignAdmits, an edtech company focused on helping students navigate education financing and visa preparation. The deal gives Crizac a 37.41% stake in ForeignAdmits’ fully diluted share capital for approximately ₹1.25 crore, structured through Compulsorily Convertible Debentures and Compulsorily Convertible Preference Shares.
ForeignAdmits, registered as Edument Consultancy Pvt. Ltd., has spent the last eight years building two core products: LoanMonk, which addresses education financing readiness, and VisaMonk, which helps students prepare for visa applications. Together, these tools target two of the most persistent pain points in the study abroad process, getting the money sorted and getting the visa approved.
The platform has powered over 100,000 student journeys, facilitated education loans worth ₹1,500 crore, and currently works with more than 800 counselling partners across India.
Why Crizac Made This Move
Crizac’s existing infrastructure is built around B2B distribution for the international education sector. The company operates across 85 plus countries, has partnered with over 800 universities globally, and supports 1.5 million plus students through a network of 14,000 plus registered agents and counselling partners.
However, Crizac’s services have largely been concentrated around recruitment and admissions. This investment is a direct attempt to change that. By bringing ForeignAdmits’ financing and visa capabilities into the fold, Crizac aims to build what it describes as a full-stack international student mobility platform, one that supports students from the moment they consider studying abroad all the way through to loan approval and visa clearance.
The idea is straightforward: counselling partners working within Crizac’s network will now be able to offer students end-to-end support rather than handing them off to separate platforms for financing or visa help. This makes the overall experience more seamless for both the counsellor and the student.
As part of the deal, Nikhil Jain, Founder of ForeignAdmits, will be stepping into a new role at Crizac as Chief Product and Marketing Officer. Jain brings with him close to a decade of experience building edtech products in the international student space, particularly in financing and visa readiness. His move to Crizac signals that this is not just a financial investment but an operational integration, with the ForeignAdmits team expected to work closely within Crizac’s broader structure going forward.
Dr. Vikash Agarwal, Chairman and Managing Director of Crizac Limited, leads the parent company’s strategic direction.
The study abroad market in India continues to grow, with an increasing number of students seeking opportunities in countries like the UK, Canada, Australia, and the US. For many of these students, the biggest barriers are not academic but practical: access to education loans and the complexity of visa applications.
Platforms that can solve these problems alongside admissions are likely to hold a significant advantage in an increasingly competitive market. Crizac’s move to acquire a meaningful stake in a company that has already built trusted tools in these areas reflects a broader industry shift toward integrated, end-to-end student support rather than siloed services.
With this deal, Crizac is positioning itself as more than a recruitment platform. The combination of its distribution scale and ForeignAdmits’ technology stack covering admissions, financing, and visa readiness now gives it a more complete product to offer both its counselling partners and the students they work with across India and globally.
