EdTech startup, Newton School, has raised $5m Series A round of financing, led by RTP Global.
The funding round saw participation from existing investors Nexus Venture Partners, Prophetic Ventures and Unacademy co-founders Gaurav Munjal, Roman Saini and Hemesh Singh. Flipkart’s CEO Kalyan Krishnamoorthy, CRED’s Kunal Shah, Freshworks’ Girish Mathrubootham, Udaan’s Sujeet Kumar and Razorpay founders Harshil Mathur & Shashank Kumar along with a slew of angels also participated in the round.
Founded in 2019 by serial entrepreneurs and college friends Nishant Chandra and Siddharth Maheshwari, Newton School is an edtech platform that enables people to be highly skilled software developers and get into a tech career in top companies and startups.
Newton School’s six months long cohort-based course includes 1000+ hours of coding, 50+ hours of soft skills training, live projects, and mentorship oversight – designed by reverse engineering industry requirements and taught by industry professionals.
Nishant Chandra, Co-Founder, Newton School, commented: “On one side you have a million+ college graduates every year with low single-digit employability rate and on the other side there are 1000s of companies struggling to find talent. We aim to bridge this massive gap through Newton School’s personalized learning platform. We are building an online academy and solving the deep problem of employability of graduates.”