Over 800 companies onboard Newton School’s recently launched 'neo' recruitment portal for enterprises
~The ‘neo’ recruitment platform creates a seamless tech talent acquisition experience for companies hiring from the EdTech platform.
~Partner companies include Zomato, Nykaa, Deloitte, Motorola Solutions, and Thermo Fisher Scientific among others
Bengaluru, Sept 2022: Newton School, a Bengaluru-based EdTech startup known for producing quality tech talent through its industry-oriented courses, has recently launched a new recruitment portal for startups and corporate aspiring to hire its tech graduates. The portal creates a seamless talent acquisition experience for companies hiring from the EdTech platform. It takes a significant investment of time and money on the part of a company to find and train the right candidate. The problem does not end there; even months of training do not guarantee a candidate’s long-term reliability. Newton School bridges this enormous gap by providing companies with industry-ready tech resources at zero cost.
On one side of this portal are industry-ready tech resources trained by Newton School through its outcome-oriented training programs. On the other hand, there are companies and startups looking to hire these resources. This neo recruitment portal solves the employability and hiring issues for aspirants and companies by matching company requirements with industry-ready tech resources. The portal offers solutions such as matching candidates with relevant skill sets and job profiles, job description assistance, and talent management. In addition, it is an all-in-one platform for sourcing, onboarding, managing, reviewing, and rating Newton School graduates. The neo-university has successfully onboard over 800 companies in just a few months since the portal’s launch, including Zomato, Nykaa, Deloitte, Motorola Solutions, Thermo Fisher Scientific, CloudSmartz, William O’Neil, Mountblue, and I-PAC, among others.
‘Until now, the process of inviting companies to recruit from Newton School was done manually. Since we expect to build strong hiring partnerships with over 5000 companies by 2023, we needed a competitive edge. We also intend to increase our student intake to 50,000 by 2023, so there is a need to streamline the hiring process. This initiative not only reduces attrition among newly hired junior resources but also drastically reduces hiring costs and time for businesses,’ commented Nishant Chandra, Co-founder of Newton School.
Since its inception, the startup has raised more than $30 million in funding from investors such as Stead view Capital, Nexus Venture Partners, and RTP Global. The startup will generate $100 million in annual recurring revenue (ARR) by 2023. In just over three years, the online EdTech platform has placed over 2000 students in over 800 prestigious companies, including Google, Lenskart, Razorpay, Flipkart, Zomato, Deloitte, Meesho, and Target. Moreover, the startup is actively hiring for various roles such as sales, operations, human resources, leadership, software developers, marketing managers, and product managers across all cities to reach 1000 employees by the end of this financial year.
About Newton School:
Newton School is an EdTech platform that enables people to unskilled and become high-quality software developers. Focused on solving the employability problem of college graduates, Newton School’s student intake crossed 1000 during the pandemic, which was appreciably more than the intake of an IIT in a year. Founded in 2019 by serial entrepreneurs, Nishant Chandra and Siddharth Maheshwari, with more than 800 companies have hired from Newton School, the neo-university also aims to create a seamless tech hiring infrastructure for companies. Since its inception in 2019, the startup has raised more than $30 million from investors like Stead view capital, Nexus Venture Partners, and RTP Global.