ForeignAdmits is an AI-powered platform that gives study abroad consultants and universities everything they need to manage students from first inquiry to visa approval—all under their own brand.
Our white-labeled solution includes six integrated products:
AI-Powered CRM: Complete student management system with automated workflows, document processing, and real-time tracking. Consultants use it under their brand while we handle the technology.
Course Matcher AI: Searches 70,000+ courses across 500+ universities in 15 countries. Students get personalized recommendations based on profile, budget, and goals in seconds instead of hours of manual research.
Admission Assist AI: One-click applications to multiple universities. Our AI verifies documents and fills forms automatically, cutting application time by 60%.
Loan Assist AI: India's first automated eligibility checker connects students to 17+ lenders including Avanse, Axis, and MPower. What took weeks now takes 72 hours with 30% better approval rates.
VisaMonk: Industry-first AI visa interview simulator gives real-time feedback on answers, body language, and confidence. AI Copilot helping students and counsellors make visa experience seamless & error free.
Integrated Marketplace: Access to 500+ universities, 17+ lenders, & 30+ partners for accommodation, forex, insurance, & travel—all with API driven journey with pre-set commissions.
We handle all the technology complexity to partnerships & ops. so they can focus on students.
Startup Description
ForeignAdmits fixes the massive fragmentation in the $42B study abroad industry where everyone is losing.
100K+ Consultants currently juggle 5-8 different platforms—one for courses, another for applications, separate systems for loans & visas. They spend over 60% of their time on paperwork instead of helping students. Most are stuck at 10-20 students/yr when they could handle 50+ with proper tools.
2/3rd of Students dropout as face 70% failure rates somewhere along the journey—wrong courses, loan rejections, visa denials—because nothing connects.
Universities and lenders waste resources managing hundreds of consultants individually with high acquisition costs and low conversion rates.
We built the only platform that connects everything. Consultants upload documents once, our AI processes them for university applications, loan assessments, and visa forms simultaneously. Unlike other competitors who compete with consultants for students, we stay invisible—consultants use our technology under their brand.
Since launching in October 2022, we've achieved: 700+ consultants onboarded organically, 100,000+ students processed, ₹150+ Cr education loans disbursed, and 15X year-over-year growth in our visa product.
Founded by Nikhil Jain (IIT BHU, IIT Bombay & Monash) and Manoj Kumar (16+ years Tech, ex-Deloitte, IIT Kanpur).
We're backed by UIV, SEA Fund & marquee angels like Zishaan, Beerud.
Received recognitions & awards from Stanford Seed Spark, AWS Activate, The PIOneer Awards'25
Product Screenshots
Business Model
ForeignAdmits makes money through four revenue streams with aligned incentives—when consultants succeed, we succeed.
Success Fees (45% of revenue): We share commissions on successful student placements. When a consultant places a student through our platform, we split the earnings 70/30 (consultant gets upto 70%, we get 30%): Our Share being in -
University admissions: ₹40,000-₹60,000 per student
Education loans: ₹15,000-₹18,000 per student
Accommodation bookings: ₹7,000-₹9,000 per student
Other services (forex, insurance, SIM): ₹17,500 per student
Next is Platform Fees (35% of revenue): Simple per-student charges for using our premium tools:
VisaMonk (visa prep): upto ₹4,000 per student
Document AI (Docs Review & Data processing): upto ₹200 per student
Application processing: Variable pricing
SaaS Subscriptions (15% of revenue): Monthly recurring revenue from consultants:
Whitelabelled CourseFinder tool: upto ₹25,000/month
White-label branding: ₹2,500/month
Advanced AI features: Tiered pricing
Marketing Fees (5% of revenue): Universities and service providers pay for visibility:
Spotlight placements: $1,000/month (in future)
Featured listings: Variable
Unit Economics: Average revenue per student is ₹15,000-₹25,000. Consultant acquisition costs ₹5,000-₹8,000. Gross margins are 70%+ on SaaS products and 25-30% on success fees. Payback happens after 3-5 students.
Current annual revenue: ₹1.30 Cr with Loan Vertical (profitable) growing 80% YoY, VisaSaaS growing by 15X YoY
Customers
based in
Africa (excluding North Africa), India, East Asia, Latin America, Southeast Asia, South Asia, North America
Business
Modal Type
Marketplace
Type of
Sales
B2B, B2B2C
Competitors
Leverage Edu (StudentOps360): $100M+ funded, operates B2B2C platform but competes directly with consultants through their own student-facing brand. Their consultant tool launched in 2024 as secondary offering after primary B2C business.
KC Overseas (coursefinder.ai): 25-year legacy player with 3,500+ consultant network. Strong brand but slow technology adoption. Their platform launched recently, playing catch-up on digital transformation.
Crizac: $100M funding in 2024 from Abakkus and Allianz. Similar B2B2C model with aggressive scaling plans. Most direct competitive threat given recent capital infusion and platform approach.
GeeBee Education: Part of LEAP ecosystem, 20+ years experience, strong in UK/Australia markets but limited technology differentiation.
Global Market:
ApplyBoard: Canadian company with $300M+ funding and 7,000+ consultant network globally. Strong on admissions placement but weak on integrated financial services and visa support. Limited focus on emerging destinations.
CIALFO: Singapore-based with $40M funding. Targets premium segment—international schools and high-end consultants. Different market positioning than our mass-market approach.
IDP Education: $3B+ market cap Australian giant that owns IELTS. Legacy player with massive scale but slow innovation and outdated technology.
Meritto: Education CRM platform for consultants. More focused on CRM functionality than full-stack service integration.
Our Key Difference: Every competitor either competes with consultants OR offers fragmented solutions. We're the only platform with true end-to-end integration while maintaining zero channel conflict.
Teams
Nikhil Jain
Founder and CEO
Manoj Chaudhary
CTO
Tanmay Terkhedkar
SDE II
Nakul Dixit
AVP - Partnerships & Growth
Tell us a bit about how founding team knows
each other.
Though ForeignAdmits has Nikhil Jain as Solo Founder. But there is a core team developed over the years.
Manoj joined ForeignAdmits in 2021/22 as a part time CTO. Later due to his his contribution and leadership had made him get promoted to a Full Time CTO. Manoj & Nikhil met through PAN-IIT Network.
Tanmay started his first full time role at ForeignAdmits and he is 3 yrs old in ForeignAdmits as the Sr Engineer.
Nakul is a recent joined as Key Employee for his skills and knows Nikhil from 1 yr
Why did you decide to start this
company?
My scholarship journey abroad and guiding 3,000+ students showed me the broken system crushing dreams. Building the transparent & connected platform I wish existed to democratize global education.
Are all the founders full-time on this
project?
Yes
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