Edtech startup Newton School raises $25 mn from Steadview Capital, others

Founded in 2019 by IIT batchmates Nishant Chandra and Siddharth Maheshwari, Newton School was built to democratise higher education.

Newton School, the Bengaluru-based edtech startup - building a neo-university for aspiring software developers, has raised $25 million in a Series B funding round. The round was led by Steadview Capital, the global investment firm whose portfolio includes Indian unicorns Nykaa, Polygon, Zomato and Freshworks. Existing investors Nexus Venture Partners and RTP Global also participated in the round. The capital raised will be used to accelerate the company’s growth and expand its team, technology and brand building initiatives.

“This fundraise will enable us to build a strong brand and leadership team while investing in innovative technologies like AI to transform