Newton School gets US$25M in new funding to improve teaching with AI
Newton School has secured US$ 25 million in a new round of funding. Among other things, the edtech startup will invest the money in breakthrough technologies like AI to improve teaching. Newton School, a Bengaluru-based edtech firm that is constructing a neo-university for aspiring software developers, has acquired $25 million in a Series B fundraising round. Steadview Capital, a global investment firm whose portfolio includes Indian startups Nykaa, Polygon, Zomato, and Freshworks, led the round.Nexus Venture Partners and RTP Global, both existing investors, also participated in the round. The funds received will be utilized to accelerate the company's growth, as well as to expand its personnel, technology , and brand-building activities. Newton School was founded in 2019 by IIT batchmates Nishant Chandra and Siddharth Maheshwari with the goal of democratizing higher education. It offers outcome-oriented learning experiences to both freshmen and working professionals...