Crizac Limited, in an official notification dated June 15, 2026, has announced a strategic investment in Edument Consultancy Private Limited. The company has entered into definitive agreements to acquire Compulsorily Convertible Preference Shares (CCPS) and Compulsorily Convertible Debentures (CCD) for an aggregate consideration of approximately Rs. 1.25 Crores. This acquisition will result in Crizac Limited holding a 37.41% stake in the fully diluted share capital of the target entity upon the conversion of these instruments.

Edument Consultancy Private Limited is an AI-powered B2B platform established in June 2018, specializing in technology solutions for study-abroad counselors, coaching institutes, and universities. The company offers workflow automation tools and SaaS-based services for student admissions, education loan facilitation, and visa readiness. Serving over 700 counseling partners and 200 university partners, Edument has facilitated global education access for more than 100,000 students across India. In 2025, the company reached significant milestones, including the appointment of Mitalika Sukumar Shah as an Additional Director in May and the filing of its financial statements for the year ended March 31, 2025.

Crizac Limited is a prominent B2B EdTech platform headquartered in Kolkata, facilitating international student recruitment by connecting education agents with global higher education institutions. The company’s business model is designed to support the student journey from interest generation to enrollment. Throughout 2025, Crizac remained in the spotlight following its successful Initial Public Offering (IPO), which was listed on the BSE and NSE on July 9, 2025, with an issue size of Rs. 860 Crores. Following the listing, the company has continued to expand its strategic footprint, with the current investment in Edument aimed at bringing complementary AI-led infrastructure to its existing student mobility and cross-border financing operations.

Regarding the financial performance of the companies involved, Edument Consultancy reported a turnover of Rs. 11.35 Million and a net loss of Rs. 7.19 Million for the financial year ended March 31, 2025. For Crizac Limited, the fiscal year 2025 concluded with a strong operational performance, reporting a net profit of Rs. 109.18 Crores. While Crizac is backed by institutional interest following its public listing, it has maintained a robust growth trajectory, reporting significant revenue and profit figures over recent years as it scales its global education platform.