Newton School, a Bengaluru-based EdTech startup known for producing quality tech talent through its industry-oriented courses, has recently launched a neo recruitment portal for startups and corporates 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 onboarded 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 entire 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 it 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 Steadview Capital, Nexus Venture Partners, and RTP Global. The startup is expected to 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.