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.

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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
THEKREDIBLE.COM
Newton School recorded 14% growth in scale in FY23
Edtech startup Newton School recorded 14% growth in its top scale to Rs 24.4 crore in the fiscal year ending March 2023.
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