
ForeignAdmits
A leading and trusted Platform providing Authentic and Data Backed Admission Counselling for Study Abroad Aspirants.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor investor investor investor investor investor investor investor | €0.0 | round | |
* | $420k Valuation: $2.3m 0.2x EV/Revenue | Seed | |
Total Funding | 000k |
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 38 % | 213 % | 134 % | - |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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ForeignAdmits operates as a B2B SaaS-based marketplace, functioning as a comprehensive digital platform for study abroad consultants. It was founded in 2018 by Nikhil Jain, an alumnus of IIT BHU and Monash University, and Ashwini Jain, an alumnus of IIT Bombay, with Sarthak Agarwal also listed as a founder. Nikhil Jain's personal journey, from experiencing the complexities of international education during his PhD pursuit in Australia to his passion for making quality education accessible, directly shaped the company's mission. Headquartered in Bengaluru, India, the firm aims to streamline the entire student journey, from university discovery and applications to post-admission services.
The platform serves the expansive study abroad market by equipping small and medium-sized consultants with the digital tools necessary to manage their operations efficiently. The business model centers on providing a unified platform where consultants can access a multitude of services for their students, effectively acting as a 'Shopify for Study Abroad'. This includes connections to over 100 universities, more than 15 banking partners for education loans, and various providers for travel, accommodation, and forex services. Revenue is generated through partnerships with these service providers and universities. The platform empowers consultants to increase their earnings by offering a wider, integrated service portfolio to each student.
The core offering is an AI-powered platform featuring a customizable CRM for student management, AI-driven lead generation, and tools for university matching. A key feature is the one-click loan application process, which connects students to numerous banking partners, simplifying access to financing. For students, the platform provides personalized mentorship and guidance, while service providers gain access to a large, targeted network. ForeignAdmits has also developed an AI-powered visa assessment tool to help students prepare for their interviews. The company has secured over $1.21 million in funding through multiple rounds from investors including Unicorn India Ventures and SEA Fund, reflecting confidence in its model to digitize and organize a fragmented market.
Keywords: study abroad platform, B2B SaaS, EdTech, international education, student recruitment, overseas education consultants, education financing, student CRM, university admissions, AI in education, ForeignAdmits, Nikhil Jain, Ashwini Jain, student journey management, education loan marketplace, visa assistance, global education services, higher education technology, Indian startups, Bengaluru tech