Edtech startup Newton School raised $5 mn in Series A round led by RTP Global
Edtech startup, Newton School raised $5 mn in Series A round of financing, led by RTP Global. With 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 and many other prominent investors.
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. The company said that the fresh capital is to be used for team expansion, scaling student intake and product development.
“Our fee model allows people to cross financial and location barriers thus democratising access to software development learning. We have a student whose father is an autorickshaw driver and had lost all their livelihood due to covid. He ended up as a software developer in one of top edtech startups, and is taking care of his family now.” said Siddharth Maheshwari, Co-founder, Newton School