Crizac Limited has informed the Exchange regarding a press release dated March 28, 2026, titled "Strategic in-house development of AI-based Education Technology Platform".
CRIZAC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Crizac Limited, a Kolkata-based B2B education platform serving 135+ global universities across the UK, USA, Canada, Ireland, Australia, New Zealand, and UAE, has announced a $2.5 million investment to develop an in-house AI-driven mentorship platform called EduMentor. The platform will use artificial intelligence and machine learning to match prospective students with verified current students and recent graduates at universities worldwide, covering onboarding, credentialing, and intelligent matching based on programme, location, language, and career interest. The project is structured across a five-year strategic integration roadmap and will be led by Mr. Dishant Kharbanda, an IIM Calcutta alumnus with around 20 years of edtech experience, under the personal oversight of Chairman and MD Dr. Vikash Agarwal.
This represents a forward-looking strategic investment into AI technology for Crizac's core student recruitment business. The $2.5 million commitment over five years signals management's intent to deepen its technology moat and reduce dependence on its agent network, though no immediate financial guidance or revenue impact has been provided.