Crizac has actually taken a tactical stake in ForeignAdmits, acquiring 37.41% of the Indian company, which supplies education financing and visa preparation services for students looking for to study abroad.
The financial investment, revealed today, has actually been structured through compulsorily convertible debentures and compulsorily convertible preference shares.
ForeignAdmits says it has actually supported more than 100,000 trainees and facilitated over INR 1,500 crore (₤ 127 million) in education loans through services including LoanMonk and VisaMonk.ai. VisaMonk.ai won Digital Innovation of the Year in Student Recruitment at The PIEoneer Awards 2025.
“As a market leader, our obligation has always been to remain ahead of what trainees and counselling partners require. ForeignAdmits brings a level of AI-enabled capability in financing and visa that, integrated with our institutional strength, creates a truly incorporated platform; one that sets a brand-new standard for what this market can use,” stated Crizac chairman and handling director Vikash Agarwal.
This is not an exit; it is a velocity Nikhil Jain, ForeignAdmits
As part of the deal, ForeignAdmits creator and president Nikhil Jain will join Crizac as primary product and marketing officer. ForeignAdmits will continue to operate under its existing brand and management, according to the announcement.
“We developed ForeignAdmits to get rid of the friction that stops capable students from accessing the education they are worthy of. Signing up with Crizac implies that mission now has the institutional reach, global circulation, and counselling partner network to reach every student who requires it. This is not an exit; it is an acceleration,” said Jain.
The relocation lines up with strategies described following Crizac’s 2025 stock exchange listing, when the company told The PIE News it was checking out expansion beyond trainee recruitment into areas such as student loans and other trainee services.
Crizac deals with more than 400 organizations across destinations consisting of the UK, Canada, Ireland, Australia and New Zealand.
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