The education tech startup, Newton School (1), had raised 650,000 USD in its seed funding round. An early-stage venture capital firm, Nexus Venture Partners, led the latest round. Gaurav Munjal, Roman Saini, and Hemesh Singh, the founders of Unacademy, AngelList, a Startup platform based in the US, Upwork founder Srinivas Anumolu, founder of GrowthStory, K. Ganesh, and Ajay Gupta and Sahil Aggarwal, veteran educationists, participated the funding round.
The Bengaluru-based startup will use the infusions to robust its line and hire new talent. Newton School is an online edtech firm that provides training to people to become highly-skilled software developers. It will help them to get placed in top companies and startups in several roles. It includes backend, frontend, and full-stack developers and other positions.
The edtech platform has a six-month training program online. It has a unique pay after the placement model. Students are not charged anything until they get a placement with a minimum package of 6 lakh PA.
Newton School to Give Quality Software Development Training to All Students
Nishant Chandra and Siddharth Maheshwari, college friends and serial entrepreneurs, founded Newton School in 2019. It aims to make India as a powerhouse for global developer via its highly personalized training platform. The duo has a shared passion for studies since their college days. After completion of an MBA from IIM, Nishant let go of his consultant job to join Unacademy at an early stage.
Siddharth Maheshwari, Co-founder of Newton School, stated that software engineering is among the highest paying and rapidly growing career.However, access to quality software development training is only available to a few students from top institutes. The team is democratizing the software development training via their unique pay after the placement model.
People are crossing their financial and location barriers to achieve their dream to become a software developer. Recently, the son of an auto driver, Rohit, lost his livelihood because of the Corona. He was placed in among the top startups of India. Now, he can take care of his family and pay off his loans. Many students like Rohit raised their salaries after six months of studying on their platform, he added.