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Edtech startup Newton School raises $5 million in funding

Feb 23, 2021over 4 years ago

Amount Raised

$5 Million

Delhi

Description

The funding round saw participation from existing investors Nexus Venture Partners, Prophetic Ventures and Unacademy co-founders Gaurav Munjal, Roman Saini and Hemesh Singh.

Company Information

Company

Newton School

Location

Delhi, Delhi, India

About

The capital raised will be used to accelerate the company's growth and expand its team, technology and brand building initiatives, the company said. In just over two years, the startup claims to have placed over 1,500 aspirants in over 600 prestigious companies, including Google, Lenskart, Razorpay, Flipkart, Zomato, Deloitte, Meesho and Target. Edtech startup Newton School on Thursday said it has raised $25 million (about Rs 191 crore) in a Series-B funding round led by investment firm Steadview Capital. Founded in 2019 by IIT batchmates Nishant Chandra and Siddharth Maheshwari, Newton School provides outcome-oriented learning experiences to freshers and working professionals and enables them to become skilled software developers.

FundzWatch™ Score

84
Medium Activity

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