Acquisition · Education & Skilling

Crizac acquires ForeignAdmits stake for Rs 1.25 crore

By Startup Enthusiast · 19 June 2026

What they do

Crizac connects global education agents with over 400 institutions in major study abroad markets

It bought a 37.41% stake in ForeignAdmits using convertible instruments to expand its service offerings

The deal brings AI-powered admissions and visa tools into Crizac's existing student recruitment network

Crizac acquired a 37.41% stake in ForeignAdmits for approximately Rs 1.25 crore.
The investment was made through Compulsorily Convertible Debentures (CCDs) and Compulsorily Convertible Preference Shares (CCPS).
This instrument allows the debt or preference shares to convert into equity at a later date.
The acquisition aims to enhance Crizac's capabilities across various stages of the study abroad process.
Nikhil Jain, the founder and CEO of ForeignAdmits, joins Crizac as Chief Product and Marketing Officer.
Jain will oversee product strategy and consumer brand oversight within the combined entity.
Crizac operates as a B2B platform connecting global education agents with educational institutions.
The deal integrates ForeignAdmits' technology stack directly into Crizac's existing agent network.

Crizac seeks to deepen its value proposition by adding specialized infrastructure tools.
The move signals a consolidation trend in the international education services sector.
Integrating admissions and visa prep reduces friction for students using agent networks.
Acquiring a majority stake allows Crizac to control key technological assets.

Crizac connects global education agents with over 400+ institutions worldwide.
The platform operates in key markets including the UK, Canada, Ireland, Australia, and New Zealand.
ForeignAdmits provides AI-powered student mobility infrastructure for university discovery and admissions.
Its LoanMonk tool has completed over 80,000 assessments with 17+ lending partners.
LoanMonk has facilitated loans worth more than Rs 1,500 crore in total value.
VisaMonk has been used by over 3,000 students globally for visa preparation.
ForeignAdmits supports over 100,000 students across more than 15 countries.
The company maintains partnerships with over 800 partner consultancies globally.

Nikhil Jain will integrate product strategy and brand oversight into Crizac's operations.

Crizac (buyer) — B2B international student recruitment platform connecting agents with institutions.