Bengaluru-based edtech startup Newton School on Tuesday announced that it has raised $650,000 in a seed round of funding led by early-stage venture capital firm Nexus Venture Partners.
The funding round also saw the participation of Unacademy founders Gaurav Munjal, Roman Saini, and Hemesh Singh; US-based startup platform AngelList; Srinivas Anumolu, Founder of Upwork; veteran educationists Ajay Gupta and Sahil Aggarwal; and K Ganesh, Founder of GrowthStory.
According to a statement by the startup, Newton School will be using the capital to strengthen its product and expand its team.
Nishant Chandra, Co-Founder, Newton School, said, “Millions of students every year go to engineering colleges with outdated curriculums which teach coding using pen and paper and have little relevance to industry requirements. This results in a meagre three percent employability for new-age jobs even after spending lakhs of rupees. Newton School has developed interactive products and curriculum that allow students to practice coding and get instant feedback, build live industry oriented projects, and get it reviewed by top software developers, making them ready for high paying jobs.”