ForeignAdmits, a data-driven education platform, has raised Rs 3.45 or $457K in its seed round led by Unicorn India Ventures. RiDiK Technology from Singapore, Manoranjan Mohapatra, Kumar Siddhartha, Chandra Shekhar Sharma, Sudhanshu Mishra, Sagar Gandhi and Mayank Sharma have also joined the round.
Started in 2020 by Nikhil Jain and Ashwini Jain, ForeignAdmits is a data-driven platform providing authentic study abroad guidance to aspirants using a data-backed counseling process and peer-to-peer mentorship by international graduates and alumni networks.
The Bengaluru-based startup claims that currently, it has close to one lakh MAU and 1.5 lakh user traffic per month, registering an organic growth of 650 percent in user base and traffic in 2021.
In the upcoming 12 months, ForeignAdmits plans to guide over 25,000 students in their foreign education cycle through tech-enabled counseling processes. It also plans to empower over 500 counselors to help students with proper guidance through our admission counselling products.