Edtech startup Newton School looks to end FY25 with Rs 60 crore in revenues

Newton School projects it'll be turn profitable in FY26

Newton School, an edtech startup, saw its revenues increase 1.5x going from Rs 16.84 crore in FY23 to Rs 24.06 crore in FY24. At the same time its net losses narrowed 40 percent from Rs 82.66 crore to Rs 49.74 crore during the period as it scaled up its online certification business which yielded desired results.

In the current fiscal year, its top line is estimated further growth over its FY24 performance as the company doubles down on its existing strategies. "Looking ahead, Newton School anticipates a 2.5x increase in revenue for the 2024-25 fiscal year, projecting operational revenue between Rs 50-60 crore," the company said in a prepared statement.

"The company also aims to halve the current losses while pursuing a path that will put the company on a path to significant growth and profits in the coming decade."

We’ve focused on growth that is both ambitious and sustainable, and it’s encouraging to see our industry oriented hands on learning model changing the landscape of higher education in India, as per Siddharth Maheshwari, co-founder, Newton School.

Newton School offers Computer Science, Data Science and Artificial Intelligence courses which equips learners with skills to secure roles in top companies.

Newton School has placed over 2,500 aspirants in over 800 companies including Google, Lenskart, Razorpay, Zomato, Deloitte, and more, in a little over two years. Newton School is backed by Nexus Venture Partners, RTP Global, and a clutch of other angel investors such as Kunal Shah of Cred, Kalyan Krishnamurthy of Flipkart, Sujeet Kumar of Udaan, among others.