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Data-driven education platform ForeignAdmits raises in seed round

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Bengaluru primarily based ForeignAdmits that provides personalised examine overseas steerage to aspirants has raised INR 3.5cr in a seed round led by Unicorn India Ventures. The round additionally noticed participationfrom well-known angels like RiDiK Technology from Singapore, Manoranjan Mohapatra, Kumar Siddhartha (CEO, Greytrix), Chandra Shekhar Sharma (HoD, Physics, Reliable Institute, Kota, A division of Allen), Sudhanshu Mishra, Sagar Gandhi, MayankSharma(India Head of Prodigy Finance).

Started in 2020, ForeignAdmits is a data-driven platform offering genuine Study Abroad steerage to Aspirants utilizing a data-backed counseling course of and peer-to-peer mentorship by worldwide graduates & alumni networks. Some of the well-known alumni networks that ForeignAdmits work with are Columbia, Duke, CMU, Monash, University of Toronto and ASU. The Company focuses on the general aspiration of the GenNext, taking them from mere aspirants to worthy candidates.

The Company is based by IIT alums & worldwide graduates Nikhil Jain and Ashwini Jain. ForeignAdmits is presently current in 6 key cities in India — Mumbai, Pune, Bengaluru, Hyderabad, Kolkata.

Anil Joshi, Managing Partner, Unicorn India Ventures, says, – “Higher education in India is more focused now and producing disciplinary experts and has grown in a remarkable way. The Gross Enrolment Ratio in higher education has been significantly improving every year. With this thought, we have led the round in ForeignAdmits as the education platform is process focused and we have first-hand seen the impact it has made since its inception.”

ForeignAdmits, which was incubated at FIIRE, Goa, goals to make international education a actuality for each deserving pupil. The Company which began simply earlier than the pandemic hit, has continued to develop strongly and organically. The focus has at all times been course of targeted the place undesirable and non severe pupil acquisition will not be inspired to take care of a high quality expertise for each information and the scholars.

ForeignAdmits has a “Mentor Mentee Connect”- A personalised mentorship product for aspirants from high quality & verified mentors of prime universities of their alternative. The intention is to make processes clear, organized and information backed. This ensures that college students not solely wind up with a number of admits but in addition land in their faculty with higher consciousness of their chosen profession paths and schools.

Nikhil Jain, Co-founder & CEO, Foreign Admits, says, “We want to transform and disrupt the $90 billion global higher education industry by creating the largest online student community to make study abroad accessible and affordable to all high potential students. Studying abroad should not be just an elitist’s dream and should be made accessible to all aspiring individuals who aim to achieve their dream of going to college. Our mission is to enable 100 million students in India with quality mentorship to help choose a better career by providing a cutting edge and comprehensive guidance platform for students aiming to pursue higher education in the best universities of the world.”

ForeignAdmits has grown 10 instances in the final one yr. Currently, it has shut to 1 lakh MAU and 1.5 lakh person visitors per thirty days, registering an natural development of 650% in person base and visitors in 2021. In the following 12 months, ForeignAdmits goals to information over 25,000 college students in their international education cycle by tech enabled counseling course of. It additionally plans to empower over 500 counselors to assist college students with correct steerage by our admission counselling merchandise.