Crizac has taken a tactical stake in ForeignAdmits, acquiring 37.41% of the Indian company, which supplies education financing and visa preparation services for students seeking 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 supported more than 100,000 trainees and assisted in 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 actually constantly been to remain ahead of what trainees and counselling partners need. ForeignAdmits brings a level of AI-enabled capability in financing and visa that, integrated with our institutional strength, creates a genuinely integrated platform; one that sets a brand-new benchmark for what this industry can use,” stated Crizac chairman and managing director Vikash Agarwal.
This is not an exit; it is an acceleration Nikhil Jain, ForeignAdmits
As part of the deal, ForeignAdmits creator and chief executive Nikhil Jain will sign up with Crizac as primary product and marketing officer. ForeignAdmits will continue to operate under its existing brand and management, according to the announcement.
“We constructed ForeignAdmits to get rid of the friction that stops capable trainees from accessing the education they are worthy of. Signing up with Crizac suggests that objective now has the institutional reach, worldwide circulation, and counselling partner network to reach every student who needs it. This is not an exit; it is a velocity,” stated Jain.
The move lines up with strategies outlined following Crizac’s 2025 stock market listing, when the company informed The PIE News it was exploring growth beyond student recruitment into locations such as student loans and other trainee services.
Crizac works with more than 400 institutions throughout locations including the UK, Canada, Ireland, Australia and New Zealand.
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