Crizac, a B2B student-mobility platform that links a global network of education agents with over 400 institutions across the UK, Canada, Ireland, Australia and New Zealand, has taken a significant step to broaden its consumer-facing capabilities. The Bengaluru-based startup has invested about Rs 1.25 crore to acquire a 37.41% stake in ForeignAdmits, using a mix of Compulsorily Convertible Debentures (CCDs) and Compulsorily Convertible Preference Shares (CCPS).
The deal is more than an equity play: Crizac says the tie-up will strengthen how it supports students and counselling partners across the entire study-abroad journey — from choosing destinations and arranging education finance to preparing for visa interviews.
ForeignAdmits brings several ready-made tools to the table. Its LoanMonk engine evaluates pre-admission loan eligibility and has completed over 80,000 assessments with more than 17 lending partners. VisaMonk, an AI-driven visa interview simulation product, has been used by upwards of 3,000 students worldwide. The startup also touts a broader footprint: its platform and products have touched over 100,000 students in 15+ countries, partnered with 800+ consultancies, and helped facilitate education loans totalling over Rs 1,500 crore.
Leadership integration is part of the plan. Nikhil Jain, founder and CEO of ForeignAdmits, will join Crizac as Chief Product and Marketing Officer. In his new role he will lead product strategy and manage the consumer brand for the combined platform — a move that signals Crizac’s intent to marry agent-led distribution with stronger consumer-facing product experience.
Why it matters
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Faster productisation: Crizac gains proven tech building blocks (loan eligibility and visa-simulation) rather than developing them from scratch.
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End-to-end service: The combined offering could simplify a fragmented student journey that often requires separate vendors for discovery, finance and visa prep.
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Market leverage: With Crizac’s institutional network and ForeignAdmits’ consumer products and lending relationships, the tie-up could scale more students through the funnel from discovery to admission.
What to watch next
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Integration speed: How quickly the two tech stacks and partner networks are unified will shape customer experience.
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Monetisation: Will Crizac push direct-to-student pricing or keep focusing on the B2B agent channel?
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Regulatory and lending partnerships: Continued cooperation with lenders and compliance with cross-border education-finance rules will be important as loan volumes scale.
Bottom line
The deal looks pragmatic: a modest investment for minority control, coupled with leadership integration, gives Crizac immediate product capability and ForeignAdmits a distribution boost. For students and counsellors, the combined platform promises a more seamless trip from course discovery to visa stamping — if the teams can pull the pieces together.
By : Sejal Thakur
