Newton School Records 14% Scale Increase in FY23
Edtech startup Newton School grew 14% in FY23, reaching Rs 24.4 crore in revenue, with 69% from operations. The Bengaluru-based online coding platform's expenses soared to Rs 107 crore, driven by employee benefits, advertising, and legal costs. Losses increased over fourfold to Rs 82.6 crore. The firm raised Rs 190 crore in Series B funding, led by Steadview Capital.
#thekredible #News #Data #Startup #EdTech #NewtonSchool #CodingTraining #BengaluruStartups #TechEducation #EdTechSuccess #JobOrientedCourses #EducationInnovation #SteadviewCapital #NexusVentures #StartupFunding
https://thekredible.com/blogs/newton-school-recorded-14-growth-in-scale-in-fy23
Edtech startup Newton School grew 14% in FY23, reaching Rs 24.4 crore in revenue, with 69% from operations. The Bengaluru-based online coding platform's expenses soared to Rs 107 crore, driven by employee benefits, advertising, and legal costs. Losses increased over fourfold to Rs 82.6 crore. The firm raised Rs 190 crore in Series B funding, led by Steadview Capital.
#thekredible #News #Data #Startup #EdTech #NewtonSchool #CodingTraining #BengaluruStartups #TechEducation #EdTechSuccess #JobOrientedCourses #EducationInnovation #SteadviewCapital #NexusVentures #StartupFunding
https://thekredible.com/blogs/newton-school-recorded-14-growth-in-scale-in-fy23
Newton School Records 14% Scale Increase in FY23
Edtech startup Newton School grew 14% in FY23, reaching Rs 24.4 crore in revenue, with 69% from operations. The Bengaluru-based online coding platform's expenses soared to Rs 107 crore, driven by employee benefits, advertising, and legal costs. Losses increased over fourfold to Rs 82.6 crore. The firm raised Rs 190 crore in Series B funding, led by Steadview Capital.
#thekredible #News #Data #Startup #EdTech #NewtonSchool #CodingTraining #BengaluruStartups #TechEducation #EdTechSuccess #JobOrientedCourses #EducationInnovation #SteadviewCapital #NexusVentures #StartupFunding
https://thekredible.com/blogs/newton-school-recorded-14-growth-in-scale-in-fy23
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