Crizac to invest ~Rs 1.25 Cr in Edument Consultancy for 37.41% stake
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Crizac Limited will invest approximately Rs. 1.25 crore in Edument Consultancy Private Limited, an EdTech B2B SaaS platform for study abroad services, by acquiring CCPS and CCD from existing investors. The deal, expected to close by August 12, 2026, will give Crizac a 37.41% stake on a fully diluted basis. Edument reported turnover of Rs. 1.13 crore but a net loss of Rs. 71.87 lakh in FY25. The investment is strategic, aimed at adding AI-led student mobility and cross-border education financing to Crizac's existing customer offerings.
Minor cash deal (~Rs 1.25 Cr); adds EdTech SaaS exposure but target is loss-making; strategic adjacency to core business.