Kolkata (West Bengal) [India], June 16: Crizac Limited, one of India's leading technology-driven international student mobility platforms, today announced a strategic investment in Edument Consultancy Private Limited, the operator of ForeignAdmits, an AI-first student mobility platform that has served over 100,000 students and facilitated more than INR 1,500 crore in education loans. The investment, structured through Compulsorily Convertible Debentures (CCDs) and Compulsorily Convertible Preference Shares (CCPS), marks a significant milestone in Crizac's ongoing evolution as a technology-led, full-stack student mobility platform, extending its reach into AI-powered financing and visa solutions that serve students at every stage of their journey.
With this investment, Crizac strengthens its ability to support students and counselling partners at the most consequential stages of the study-abroad journey: choosing a destination, securing financing, and clearing the visa, each powered by AI-enabled technology that delivers speed, accuracy, and scale.
ForeignAdmits will continue to operate as an independent entity under its existing brand and management, preserving the organisational agility and student-first culture that underpins its growth.
From Mobility Platform to Full-Stack, AI-Enabled Student Infrastructure.
Crizac has consistently invested in technology and partnerships that keep it at the forefront of international student mobility, connecting a global network of counselling partners with 400+ institutions across the UK, Canada, Ireland, Australia, and New Zealand.
The ForeignAdmits investment is the next major step in that journey: bringing AI-powered, direct-to-student capabilities in financing and visa preparation into the platform, and giving counselling partners the tools to serve students more completely than ever before.
ForeignAdmits brings a proprietary, award-winning technology stack to the combined entity:.
LoanMonk: India's first pre-admission loan eligibility engine, with 80,000+ assessments completed across 17+ lending partners, giving students financial clarity before they even apply.
VisaMonk: An AI-powered visa interview simulation tool trusted by 3,000+ students globally and winner of The PIEoneer Awards 2025 for Digital Innovation of the Year in Student Recruitment.
"As a market leader, our responsibility has always been to stay ahead of what students and counselling partners need.
