ForeignAdmits funding, investors and company details

ForeignAdmits is an emerging Education - Edtech startup from Bengaluru, working in the space of ForeignAdmits operates in the study abroad edtech and B2B SaaS industry, specifically targeting the $100B+ international student mobility market.. Founded by Nikhil Jain, Mitalika Shah.

Company: EDUMENT CONSULTANCY PRIVATE LIMITED
Sector: Education - Edtech
Location: Bengaluru
Founders: Nikhil Jain, Mitalika Shah
Total funding raised: ₹3.26 Cr

Company overview

ForeignAdmits is a Bengaluru-based edtech startup founded in 2018, operating as a B2B2C SaaS platform revolutionizing the $100B+ study abroad industry by connecting education consultants, students, universities, and service providers.ForeignAdmits empowers 700+ consultants to manage 100,000+ students annually through an AI-driven full-stack CRM, handling applications, document processing, loans (₹150+ Cr disbursed), visas, forex, accommodation, and insurance via white-label tools like VisaMonk and CareerFinder. With 11-50 employees and ₹1.30 Cr annual revenue (growing 15X YoY in visa SaaS), it's backed by UIV, SEA Fund, and angels, achieving profitability in loans.ForeignAdmits aims to streamline the fragmented study abroad journey—reducing 70% student dropouts and manual paperwork—by providing end-to-end infrastructure that aligns incentives (success fees, subscriptions) while enabling consultants to scale from 10-20 to 50+ students yearly under their own brand.

Funding rounds

Latest round: ₹3.26 Cr. ($ 0.42 Mn), 2022-05-10. Investors: investor Unicorn India Ventures