Foreignadmits, a Bengaluru-based company that provides individualised study abroad advice to students, has acquired Rs 3.5 crore
in a seed round led by Unicorn India Ventures.
ForeignAdmits, which launched in 2020, is a data-driven platform that offers genuine study abroad advice to aspirants through
a data-driven counselling process and peer-to-peer mentoring from overseas graduates and alumni networks.
Nikhil Jain, Co-founder and CEO, Foreign Admits, said, “We want to transform and disrupt the $90 billion
global higher education industry by creating the largest online student community to make studying abroad accessible and affordable to all high potential students. 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.”
Anil Joshi, Managing Partner, Unicorn India Ventures, said, “Higher education in India is more focused now; it’s 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.”