ForeignAdmits, a study abroad assistance platform, has raised Rs 3.26 crore from Unicorn India Ventures. SEA Fund, Beerud Sheth (Founder CEO, Gupshup, Zishaan Hayath (Founder CEO, Toppr) and Keshab Panda (Former CEO, L&T Infotech) also participated in the round.
The funds raised will be used for enhancing the tech platform to provide better experience to the students and partners and ongoing business development efforts.
Anil Joshi, Managing Partner, Unicorn India Ventures, says, “ForeignAdmits has demonstrated a strong growth track record since we last invested in the company. As the world opens up and students look for higher education opportunities in top global universities, we want to back the company as it goes full steam ahead with foreign admission season.”
Ashwini Jain, Co-founder CEO, ForeignAdmits, says, “We want to become a global leader in the overseas education space and help anyone, from any country, access the World’s best education to achieve their full potential using our technology. Students especially in tier 2 and 3 towns don’t enjoy exposure and guidance when compared to their metro counterparts. This is true for countries across the World. With the use of technology, we aim to transform the overseas study industry with better, efficient and trusted technology products. This will also enable counsellors and agents to help students with a better admission and post admission experience.”
ForeignAdmits has over 250 agent’s partners network in place to meet the growing demand of data driven and peer to peer admission counselling in India. ForeignAdmits with a team size of close to 100 is currently serving students in India and 10 other countries and has over 35 universities partnerships.
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