Crizac Invests in ForeignAdmits for Student Mobility

Crizac Limited has made a strategic investment in Edument Consultancy Private Limited, the operator of ForeignAdmits, an AI-first student mobility platform. The investment, structured via Compulsorily Convertible Debentures (CCDs) and Compulsorily Convertible Preference Shares (CCPS), aims to enhance Crizac's full-stack student mobility services by integrating AI-powered financing and visa solutions. ForeignAdmits, which has served over 100,000 students and facilitated ₹1,500 crore in education loans, will continue to operate independently. Nikhil Jain, Founder of ForeignAdmits, will join Crizac as Chief Product & Marketing Officer, bringing his expertise in AI-driven product execution.