About ForeignAdmits
ForeignAdmits is a company based in Bengaluru (India) founded in 2018 by Nikhil Jain.. ForeignAdmits has raised $1.24 million across 5 funding rounds from investors including Unicorn India Ventures, Seafund and RiDiK. The company has 17 employees as of March 27, 2024. ForeignAdmits operates in a competitive market with competitors including Leverage Edu, Leap Scholar, HiWi, Leap Finance and Yocket, among others.
- Headquarter Bengaluru, India
- Employees 17 as on 27 Mar, 2024
- Founders Nikhil Jain
- Stage Minicorn
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Sectors
EducationFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Edument Consultancy Private Limited
- Date of Incorporation 18 Jun, 2018
- Jurisdiction Ernakulam, Kerala, India
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Annual Revenue
$94.4 K (USD)-20.68as on Mar 31, 2023
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Net Profit
$-364.67 K (USD)-60.68as on Mar 31, 2023
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EBITDA
$-340.65 K (USD)-53.23as on Mar 31, 2023
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Total Equity Funding
$1.24 M (USD)
in 5 rounds
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Latest Funding Round
$34.98 K (USD), Angel Round
Mar 28, 2025
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Investors
Unicorn India Ventures
& 22 more
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Employee Count
17
as on Mar 27, 2024
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Funding Insights of ForeignAdmits
ForeignAdmits has successfully raised a total of $1.24M across 5 strategic funding rounds. The most recent funding activity was a Angel Round round of $34.98 thousand completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Angel Round — $34,975
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First Round
First Round
(03 Sep 2020)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Angel Round - ForeignAdmits | Valuation | Rakesh Chand Amerineni |
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| Jul, 2024 | Amount | Seed - ForeignAdmits | Valuation | Unicorn India Ventures | |
| May, 2022 | Amount | Seed - ForeignAdmits | Valuation | Seafund |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ForeignAdmits
ForeignAdmits has secured backing from 23 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Unicorn India Ventures, Seafund and RiDiK. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm offering seed funding and support to startups in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Venture capital investments in deeptech startups, providing capital and strategic support in Bangalore.
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Founded Year | Domain | Location | |
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Engineering and IT consulting services are provided globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ForeignAdmits
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ForeignAdmits
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Foreignadmits Comparisons
Competitors of ForeignAdmits
ForeignAdmits operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Leverage Edu, Leap Scholar, HiWi, Leap Finance and Yocket, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
International study-abroad services and student mobility are facilitated for learners.
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| domain | founded_year | HQ Location |
Provides counseling, exam preparation, visa help, and financial planning for study abroad.
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| domain | founded_year | HQ Location |
Provider of payment solutions for international students
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| domain | founded_year | HQ Location |
Operates an online platform for educational loans tailored to students.
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| domain | founded_year | HQ Location |
Online platform for study abroad counseling and resources is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Foreignadmits
Frequently Asked Questions about ForeignAdmits
When was ForeignAdmits founded?
ForeignAdmits was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is ForeignAdmits located?
ForeignAdmits is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of ForeignAdmits?
Nikhil Jain is the current CEO of ForeignAdmits. They have also founded this company.
Is ForeignAdmits a funded company?
ForeignAdmits is a funded company, having raised a total of $1.24M across 5 funding rounds to date. The company's 1st funding round was a Seed of $421.72K, raised on Sep 03, 2020.
How many employees does ForeignAdmits have?
As of Mar 27, 2024, the latest employee count at ForeignAdmits is 17.
What is the annual revenue of ForeignAdmits?
Annual revenue of ForeignAdmits is $94.4K as on Mar 31, 2023.
What does ForeignAdmits do?
ForeignAdmits was founded in 2018 in Bengaluru, India, as an AI-driven platform in the education technology sector. Operations focus on a B2B marketplace that integrates CRM functionalities for study abroad businesses. Services encompass the full student journey, from profile evaluations and university shortlisting to application processing, admission management, financing options, visa support, and additional services, all accessed via a customizable workspace.
Who are the top competitors of ForeignAdmits?
ForeignAdmits's top competitors include Leverage Edu, Leap Finance and Ambitio.
Who are ForeignAdmits's investors?
ForeignAdmits has 23 investors. Key investors include Unicorn India Ventures, Seafund, RiDiK, Inogic, and Rakesh Chand Amerineni.
What is ForeignAdmits's valuation?
The valuation of ForeignAdmits is $3.43M as of May 2022.