Strategic in-house development of Al-based Education Technology Platform

Crizac Limited, a Kolkata-headquartered B2B education platform, serves over 135 global higher education institutions across the United Kingdom, United States of America, Canada, the Republic of Ireland, Australia, New Zealand, United Arab Emirates and through its network of more than 10,000 registered agents - identified EduMentor as a strategic complement to its existing technology-led infrastructure.

The Company understands that AI is the future and in view of that it has committed $2.5 million towards inhouse development of technology led infrastructure through EduMentor, structured across a five-year strategic integration roadmap. This is represents a deliberate strategic alignment between Crizac's model and EduMentor's mentor-driven intelligence layer.

Dr. Vikash Agarwal, Chairman and Managing Director of Crizac Limited, who himself is a leading force behind technological innovation and the growth of Crizac, has taken a personal interest in steering the project's integration. He states that this Al-led innovation defines Crizac's mission and future goals to be the leader in innovating and dominating the Edtech industry."

EduMentor is not a review site. It is a structured, Al-driven mentorship marketplace that connects prospective students with verified current students and recent graduates at universities worldwide. The platform uses AI and machine learning to automate every layer of the process. From onboarding and credentialing mentors, to intelligently matching them with incoming enquiries based on programme relevance, location, language, and career interest.

This AI project shall be developed under the guidance and leadership of Mr. Dishant Kharbanda, an IIM Calcutta, Alumni. He brought nearly two decades of experience in edtech entrepreneurship to the programme. His active help shaped the platform's architecture and go-to-market strategy. Before this project, he had already built and exited a significant venture in the same sector, which was recognised as Most Innovative Edtech Enterprise by M.M. Pallam Raju India's Union Minister for Human Resource Development in 2013.

Crizac Limited was incorporated as a global student recruitment platform. It is a B2B (Business to Business) education platform for agents and global institutions of higher education offering international student recruitment solutions to global institutions of higher education in United Kingdom, United States of America, Canada, the Republic of Ireland, Australia, New Zealand and United Arab Emirates. The goal of the Company is to build a stronger platform where agents can access our expertise and knowledge to expand their connections with international institutions, thereby establishing a profitable and sustainable business network for all.

Shares of Crizac Limited was last trading in BSE at Rs. 175.85 as compared to the previous close of Rs. 189.90. The total number of shares traded during the day was 92534 in over 3859 trades.

The stock hit an intraday high of Rs. 191.30 and intraday low of 174.00. The net turnover during the day was Rs. 16763790.00.

Source : Equity Bulls

Keywords

INE0S4R01014 Crizac Internet Retail B2B EducationPlatform