Student mobility platform Crizac acquires 37.41% stake in ForeignAdmits
Summary
Crizac has invested about Rs 1.25 crore in ForeignAdmits to buy a 37.41% stake in the company on a fully diluted basis. The deal uses CCDs and CCPS and aims to strengthen Crizac’s support across study-abroad workflows such as destination selection, education financing, and visa preparation. ForeignAdmits brings products including LoanMonk, which checks loan eligibility, and VisaMonk, an AI-powered visa interview simulator. The transaction also brings ForeignAdmits founder Nikhil Jain into Crizac’s senior leadership team as Chief Product and Marketing Officer.
Classifications
industries
InsurTech
applications
Sales and Marketing
AskAI Classifications
Labels
SaaS
CRM Software
EdTech Software
Linked Companies
ForeignAdmits
$10M to $25M