Certification based tech education platform Newton School is set to raise fresh funding from Prateek Boob, co-founder of PhysicsWallah, as part of an extension of its Series B funding round.
According to regulatory filings reviewed by Entrackr, Newton School’s board has approved the issuance of 72,738 Series B1 preference shares at an issue price of ₹3,437 per share, enabling the company to raise around ₹25 crore.
Valuation and Stake
Based on Entrackr’s estimates, the fresh investment values Newton School at approximately ₹1,055 crore (about $117 million). Following the allotment, Prateek Boob will hold around 2.37% stake in the Gurugram-based company.
While the investment is being made in Boob’s personal capacity, it signals continued investor interest in alternative tech education models focused on employability and industry-ready skills.
Newton School’s Education Model
Founded as a modern neo university, Newton School offers industry led technology education programs designed to equip students with job ready skills. Its flagship offerings include a global B.Tech program in Computer Science and Artificial Intelligence, with emphasis on hands on learning and industry collaboration.
Funding History
Newton School has raised around $32 million in funding to date. Its $25 million Series B round, led by Steadview Capital in April 2022, significantly boosted its valuation. Earlier, the company secured $5 million in Series A funding and $1.1 million in seed capital.
Financial Performance
For the fiscal year ended March 2025, Newton School reported 61% year-on-year growth in revenue, reaching ₹38.86 crore compared with ₹24 crore in FY24. During the same period, the company reduced its losses by 40% to ₹29.66 crore.
PhysicsWallah’s Expansion in Education
The development comes as PhysicsWallah continues expanding across different education segments. The company recently acquired assets of Tender Heart School and is investing $10 million in its Vidyapeeth School program, which operates across more than 39 schools.
With fresh capital and improving financial performance, Newton School aims to strengthen its position in India’s growing market for outcome driven tech education.
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