🎈 Acquisition project | Newton Classroom
🎈

Acquisition project | Newton Classroom

Elevator Pitch


Newton is transforming K12 educational management by integrating cutting-edge technology and innovative, consumerised product design. Schools face the challenge of managing complex academic, operational, and administrative tasks without the necessary data to drive success.

While 95% of Indian educators consider themselves tech-savvy, less than 10% use technology for daily school activities. Newton fills this gap with a unified, intuitive platform that enhances learning outcomes, streamlines operations, automates tedious tasks and enables data-driven decisions. Newton is for all everyone - Admins, Educators, Staff, Students and Parents with dedicated mobile and web interfaces.

Newton is the all-in-one system our partner schools rely on to manage everything—from admissions and finance to academics, staff management, and parent communication. With the highest user adoption rates in the market, Newton outperforms competitors by >400%. We’re not just redefining ERP; we’re shaping the future of tech-assisted education!

Understanding the Product


Q. What is the fundamental need or want that the product is solving for?

K12- Schools need a comprehensive and reliable management system to smoothly conduct and manage their academic, administrative and operational activities. Like most other business organisations schools also need to handle multiple functions from academics to fee collections to enrolment to employee management, parent communication and more.

Currently, most Schools unfortunately have to rely on legacy, complex service solutions this need. Most solutions in the market are 10+ years old and cluttered with poor integration abilities

Q. What are the basic features and functionalities that the product provides?

Since Newton is a unified system its expected to deliver a replacement for to the incumbent ERPs which are :

  1. SIS, Timetables, Diary, Student Attendance, Grading management and other such academic modules
  2. Finance, Admissions, HRMS, communication, noticeboard and other such administrative modules
  3. Transport, IT, Inventory, facilities and other such operational modules
  4. Web and Mobile logins with multiple stake holder logins : Admin, Owner, Teacher, Staff, Students and Parents
  5. Whitelabelled [Paid]

Q. What other ways are users using to solve the same problem? If it is a new category, how else were people solving the problem?

Users currently use current ERP offerings in the market which are outdated, slow and complex. For business critical functions they rely on the “best of the breed” point solutions. For example using whatsapp business via WATI to communicate with parents

Pain points :

  • Does not integrate with ERP hence information is almost always out of date and in Excel sheets
  • Using multiple point solutions will drive up the costs
  • Any data update must be taken up at multiple places
  • New Staff must be trained in multiple tools
  • No oversight for management and decision makers

The current spread of Unified ERP vs Point solutions in schools is 35% - 65% and on an average schools use up to 15 applications to get through all their functions (*study from 2023)
The current

A. Newton sample screens :

  1. All Modules opened on the left menu
Screenshot 2024-08-17 at 8.02.03 PM.png
  1. Typical Admin dashboard for a module (Admissions)
Screenshot 2024-08-17 at 8.04.06 PM.png
  1. Teacher Timetable View
Screenshot 2024-08-17 at 8.05.38 PM.png


4. HR Admin Staff Attendance view

5. Parent Login - Mobile App

Screenshot 2024-08-17 at 8.13.36 PM.png

B. Kotler and Keller's Five Product Levels model

[Applied to Newton]

1. Core Benefit:

The core benefit of Newton is its ability to manage all operational, administrative and academic functions in one unified, easy-to-use solution. This will enable schools to automate non-academic task overheads while maximising time for teaching and improving learning outcomes + ability to make data-driven decision

2. Generic Product:

The generic product of Newton includes all the essential features required for it to function as a replacement ERP for our prospective customer base. These features include:

  • SIS, Timetables, Diary, Student Attendance, Grading Management, Report cards and other such Academic modules
  • Finance, Admissions, HRMS, Parent Communication, Noticeboard, Concern Management and other such Administrative modules
  • Transport, IT, Inventory, Facilities and other such Operational modules
  • Web and Mobile logins with multiple stakeholder logins: Admin, Owner, Teacher, Staff, Students and Parents
  • Whitelabelled [Paid]

3. Expected Product:

*Newton is currently in this stage of getting ready for early scaling

  • Easy to learn and use interfaces with strong training programs
  • Strong pipeline with constant innovation and feature releases
  • Reliable performance and minimal downtime
  • Process workflows based on School processes
  • Custom feature development requests (as add-on services)

    * Based on interviews with 100+ school leaders, and educators from 2023-2024

4. Augmented Product:

*By the time Newton approaches the Augmentation stage, we would have cracked a high adoption rate in the marketing leading to - High data accuracies.

  • Advanced analytics and reporting tools that provide data-driven insights for better decision-making.
  • Seamless integration with other tools and platforms, such as Leadsquared, ASCII, Google Classroom, Zoom etc.
  • Exceptional after-sales support, including personalized training sessions and ongoing technical assistance.
  • String Parental mobile app features that keep parents informed and involved in their child’s educational journey.

5. Potential Product:

*Once Newton has realised its maximum adoption curve, on the back of the structured data we can start offering Schools powerful add-on features which will help them have a headstart in the market against their competitors in the race of Tech-enabled schooling

  • AI-Powered Predictive Analytics
  • Student and Teacher Well-being Monitoring
  • Gamified Learning and Management
  • Blockchain for Secure Record-Keeping
  • Personalized Learning Paths Using AI
  • Enhanced Parent Engagement Tools
  • Data Privacy and Security Enhancements
  • Student Portfolio and Career Pathway Planning
  • Automated Compliance and Reporting

Understanding Core Value Proposition


While Newton helps K12 Schools and their educators digitise and manage multiple business and academic functions, it does so much more…. With high adoption rates across all users, Newton unlocks possibility for high accuracy in data that is now structured and reliable. Schools can start relying on data driven decisions for possibly the first time at this scale. As High adoption is a strong metric for success we offer strong auxiliary services that help constantly improve adoption : strong training, best after-sales support and constant usage monitoring in partnership with the School


While Newton helps K12 Schools and their educators digitise and manage multiple academic and business functions, it does much more than that. What Newton enables for your School is the true power of Deep-Tech : Data Driven decision making.


Despite most schools making between $250k - $10Mn dollars annually (in school fee collections), they do not have access to any tools that can enable them measure and process data and this is Newton's true value proposition. With Newton constantly putting efforts into building the best user-adoption rates in the market due to teacher & process-centric workflows - Schools unlock this new super power.

Client 1 - Bangalore

Client 2 - Vizag

Client 3 - Hyderabad

Client 4 - Bangalore

Why choose us over competition

Fast response, reliable, good features and Good support

Patient demos with multiple people, good product, passionate team

Best support, always available

Good App, better than old app

Why do you keep doing business with us?

Good Support, always ready to help
reliable team

Really good onboarding and support

Very responsive team

Fast App, good team

What 3 words would you use to describe our company?

Honest, Good communication, Talented

Good People, Good support, Affordable

Innovative, Quick, Good price

Good communication, good support, good product

If you were referring a friend to our business, what would you tell them about us?

Close your eyes and take it and be patient

Work with their team and for sure you will transform

No nonsense, good support

Better than all other sofwares


👆Interview responses with KDMs from 4 Current B2B clents

  • Newton offers High adoption -> High Data accuracy for decision making
  • To support high adoption Newton offers strong training after-sales support
  • Newton also monitors usage patterns to ensure a School has high adoption rates
  • Core value proposition for a School is to leverage the power of data to transform their operational and teaching outcomes.

Understanding the Users

From my personal experience of selling for this brand over the last 3 years here are the various personas for Newton :

1. Decision Maker:

  • School Owner / School Board : They are responsible to listening to the Influencer and approve large decisions and are priimairy focussed on the School's financial health, strategic direction, growth plan and long term benefits of this system

2. Influencer:

  • School Principal/Administrator: The principal or school administrator is a significant influencer in the decision-making process. They are typically the ones who evaluate Newton's potential to improve school operations, enhance academic outcomes, and ease administrative burdens. They may also provide recommendations to the decision-makers based on their assessment.
  • IT Manager/Coordinator: The IT manager or coordinator can also be an influencer, especially in larger schools. They assess the technical feasibility, compatibility with existing systems, and the level of IT support required for Newton's implementation and maintenance.

3. Blocker:

  • Finance Manager/Controller: The finance manager or controller might act as a blocker if they perceive Newton as too expensive or not offering a clear return on investment. They are concerned with budget constraints, cost-benefit analysis, and ensuring that the financial implications of Newton align with the school's financial strategy.
  • Teachers: In some cases, teachers can act as blockers if they are resistant to change, particularly if they perceive the new system as complex or time-consuming. Their acceptance is crucial for the system's success, and reluctance from this group can slow down or even halt the implementation process.

4. End User:

  • School Principal/Administrator: They use Newton to manage daily school operations, monitor performance, and streamline administrative processes.
  • Teachers: Teachers are end users who interact with Newton for tasks such as attendance, grading, lesson planning, and communication with parents.
  • Students: Students interact with Newton through a portal that provides access to assignments, grades, noticeboard, diary and schedules.
  • Parents: Parents use Newton to monitor their child's progress, communicate with teachers, and stay informed about school activities.
  • Support Staff: Administrative and support staff use Newton for various tasks related to finance, HR, transportation, and facility management.

Understanding the Users

B2B Table:

Criteria

ICP1

ICP2

School Name

School A

School B

School Board

CBSE

IB

Leadership

2nd Gen educator, female, 31 yrs, Schools started by Father

1st Gen Educator, Male, 48 yrs, Ex Businessman

Location

Hyderabad

Bangalore

School Type

Group Schools

Standalone

Student Count

1650 (1 branch)
10,000+ (group)

770

Fee Structure

80,000 - 1,00,000 p.a.

1,88,000 p.a. onwards

Income Type

Medium - High Income

High Income

Parent Household Income

8 - 20 LPA

15 - 40 Lpa

Net Income

~ 15CR

~ 16.5 CR

Decision Maker

Group Head, IT Director

Owner

Decision Blocker

Principal, IT Heads

Principal, IT Heads

Frequency of use case

Daily, for all functions

Daily, for all functions

Growth Mode

Established, need to maintain strength

High Growth

Business Focus

Brand Value, Good Academics

Brand Value, Happy Parents

Tech Utilisation

Medium - High

Very High

Staff Type

Experienced

Experienced, High specialisation

Parent Expectations

Medium - High

High

Education Focus

STEM

STEM, ARTS

Decision Making

Centralised

Decentralised

Parent Involvement

Low

Medium

Data Security Importance

Medium

Very High

Competitive Nature

High

High

Satisfaction with current solution

Low - Neutral: It works for a few use cases

Very Low

Appetite to pay

Medium

High

Criteria

Group Schools

High Income Standalone

Adoption Curve

Medium

High

Appetite to Pay

Medium

High

Frequency of Use Case

High

Very High

Distribution Potential

High

Medium

TAM (India)

50K+ Schools

10K+ Schools

Understand Market

Factors

My Classboard

Teachmint

Competitor 3

Competitor 4

What is the core problem being solved by them?

Same as Newton

Same as Newton + LMS



What are the products/features/services being offered?

Same as Newton

Same as Newton + LMS



Who are the users?

Low- Medium income schools

Low-income schools



GTM Strategy

Low cost, Hard sales, longer sales contracts

Low-cost, discounted intro pricing, small player acquisition for scaling



What channels do they use?

Outbound Physical sales, Inside sales, Educational events

Outbound Physical sales, digital ads, celebrity endorsements, Inside sales, Educational events



What pricing model do they operate on?

Per student per month

Per student per month



How have they raised funding?

Self - Funded

VC Funding



Brand Positioning




UX Evaluation

Very Poor

Medium - Clean interfaces but not very flexible to a school process



What is your product’s Right to Win?

Strong Workflows with great teacher-centric UX with industry-best support

Strong support with a stable product pipeline. Easy onboarding and self-serviceability



What can you learn from them?

Strong customer retention via constant engagement

Scale with Acquisition to get to 1000+ schools in 2 years



(then try to understand the market at a macro level and evaluate the trends and tailwinds/headwinds.)


Tailwinds

  • Rising competition for legacy brands from new-age schools
  • Post Covid changes in teaching - learning loop
  • The rising availability of high-quality, tech-enabled learning options
  • Rise of AI and Schools interested in their application for teaching
  • Parents Expecting More from Schools

Headwinds

  • Resistance to Change from top to down
  • Increasing sales cycles (due to many options)
  • Implementation challenges (due to poor data backups)
  • Non forward-thinking leadership
  • Low-cost alternatives



Now it’s time for some math, calculate the size of your market.

TAM = Total no. of potential customers x Average Revenue Per Customer (ARPU)
SAM = TAM x Target Market Segment (percentage of the total market)
SOM = SAM x Market Penetration/Share


* For the sake of simplicity sticking to the Indian market for now and taking a top-down approach

TAM (Indian)

No of Private Schools in India: 3.40 lac

No fo Public + Aided Schools in India: 11.8 lac

Since our company is focused on Medium to High-Income Schools with a strong revenue ARR we will only calculate TAM for private schools

No of Students going to Private schools in India: 9.8 Cr

Average ERP revenue per user per student: 500

Average Addon revenue per school: 1.5 lacs

Average LMS revenue per student: 1500

Total ERP revenue: 4,900 Cr

Total Addon revenue: 5,100 Cr

Total LMS revenue: 14,700 Cr


Total Addressable Market = ERP + Addon = 24,700 Cr

TAM = $2.8 Billion

SAM (Indian)

ICP :

  • Medium to High Income
  • Group Schools or Premium Standalone
  • Tier I and Tier II cities
  • ICSE, CBSE, IB and Cambridge Board
  • Medium - High-income households
  • Annual Fees of 75K and above

ICP Private Schools in India: 60,000 Schools

Average Students per school: 700

Total student count: 4.20 Cr

Average ERP revenue per user per student: 500

Average Addon revenue per school: 1.5 lacs

Total ERP revenue: 2,100 Cr

Total Addon revenue: 900 Cr

Serviceable Addressable Market = ERP + Addon = 3,000 Cr

SAM = $360 Million

SOM (Indian)

Due to strong tailwinds from the post-Covid tech adoption and brimming AI revolution in education, we expect that the market will consolidate to one / two large players eventually. But before that through our top of the pyramid sales focussed approach we can expect to capture up to 25-30% of the market in the next 3-4 years.

  • High focus on self-serviceability of the product
  • Robust scalable deployment teams
  • Strong Tech advantage
  • Market highest adoption rates
  • Generative AI experiments
  • Strong customer feedback


@ 25% Market share we can expect

School Count: 12,000 Schools

Average Students per school: 750

Total student count: 90 Lac

Average ERP revenue per user per student: 500

Average Addon revenue per school: 1.5 lacs

Total ERP revenue: 450 Cr

Total Addon revenue: 180 Cr

Servicable Obtainable Market = ERP + Addon = 630 Cr

SOM (Indian) = $75 Million

​Given Newton's market positioning and existing customer base, we can say it is in the early scaling stage. Newton has achieved PMF and is focusing on expanding it's customer base and growing the market reach.

Acquisition channels:

Current Acquisition Channels :

  • Inside Sales - Cold calling and setting up meetings at schools
  • Educational events - Sponsorship in exchange for stall space and presentation slots > conversions from events
  • Word of mouth and soft referral requests to current “happy” customers
    • The right time to get this referral is when we deliver a custom module they requested on time
  • Cold-visits on School locations

Redefined Acquisition channels for redefined GTM :

  • Partnerships with Education companies who deliver content / coursework
    • Ex : Dreamtime learning which offers curriculum support to 100s of schools
    • Newton could offer the backend for Dreamtime leading and in return charge subscription revenue + ability to upsell ERP features
  • Continue educational events with new ICP focus and goals
  • Enterprise deals with large educational groups
    • Premium schools with premium parents with premium needs
    • Bespoke customisation expectaions
    • Low CAC with low turn around times and limited decision makers
    • whitelabelling to become feasible

Litmus Test if Newton is ready for partnerships:

Question

Answer

1. Do you have product market fit?

Yes, it has, with 0 customer churn over the last few quarters and strong interest in the market with reduced decision making times are strong indicators

2. Are you finding it difficult to acquire new customers or enter a new market?

Yes, we haven't yet found the perfect pitch that works for all demographics, but we believe with the group school approach we can break this barrier

3. Are you looking to drive power users?

No, Focus is purely on overall adoption across all user types

4. Do you have customers making requests for new features?

Yes, but we now have a stable product pipeline with requests flowing down the pipeline.

Current Partners :

  1. Razorpay, Cashfree and Jodo : Payments and Fee financing apps that complement our Finance module and enable easy collections for our schools. We also gain payment commissions while these PGs can acquire large payment volumes at bulk
  2. Leadsquared : Lead management with Marketing Automation and CRM tools for Schools. With partnership with Leadsquared we currently can extend the feature of Newton in-app while allowing Leadsquared to offer a finance management platform to their school clients
  3. Neo Track : Transport tracking app for school buses. With Integration + partnership with newton we allow all data to be centralised on Newton removing the need for the school to use more apps. Neotrack can offer this seamless integration to their partner schools with revenue sharing / commission models left to be explored


Partner Fitment Test:

Screenshot 2024-08-17 at 10.46.05 PM.png

Experiment 1 : Outbound Strategy Based on Podcasts

Objective:

Leverage weekly live podcasts with educators to establish Newton as a thought leader in education technology, build social currency, and create engagement with the target audience.


1. Strategy Overview:

  • Podcast Format: Weekly live recordings featuring educators as guest speakers, focusing on the intersection of education and technology.
  • Branding: Promote the podcast under the Newton brand, highlighting the innovative approach to education management.
  • Partnerships: Collaborate with education event companies to secure high-quality participants and broaden reach.

2. 12-Week Content Plan

WeekTopicGuest TypeKey Focus Areas
1

The Future of Education: Embracing Technology

Educational Visionary

How technology is reshaping the classroom experience

2

Implementing School ERP Systems: Challenges and Opportunities

School Administrator

Best practices for implementing ERP systems in schools

3

Personalized Learning: The Role of AI in Education

EdTech Innovator

How AI is enabling personalized learning experiences

4

Enhancing Student Engagement with Digital Tools

Teacher/Facilitator

Effective digital tools for increasing student engagement

5

Data-Driven Decision Making in Schools

Education Data Analyst

The importance of data analytics in improving school operations

6

Building Digital Literacy: Preparing Students for the Future

Curriculum Developer

Strategies for integrating digital literacy into the curriculum

7

Cybersecurity in Schools: Protecting Student Data

IT Specialist

Addressing cybersecurity challenges in educational institutions

8

The Impact of Remote Learning: Lessons from the Pandemic

Principal

Insights from the shift to remote learning and its long-term effects

9

Collaborative Learning: Using Technology to Foster Teamwork

Educational Consultant

Tools and strategies for promoting collaborative learning

10

The Role of Technology in Special Education

Special Education Expert

How technology is supporting students with special needs

11

Parental Involvement in the Digital Age

Parent Liaison

Engaging parents through digital platforms and communication tools

12

The Future of Assessments: Moving Beyond Standardized Testing

Educational Researcher

Exploring alternative assessment methods powered by technology


3. Podcast Production and Promotion Plan

  • Recording: Set up a professional recording environment for high-quality audio and video. Schedule recordings weekly with flexibility for guests.
  • Editing: Post-production should focus on enhancing audio quality, adding branding elements, and ensuring a polished final product.
  • Distribution: Distribute the podcast on platforms like YouTube, Spotify, Apple Podcasts, and Google Podcasts. Publish a blog post for each episode summarizing key takeaways.

4. Engagement and Social Currency

  • Social Media: Create engaging social media posts with highlights, quotes, and clips from each podcast episode. Use platforms like LinkedIn, Twitter, Instagram, and Facebook.
  • Email Campaign: Develop an email newsletter to notify subscribers of upcoming episodes, provide recaps, and encourage feedback.
  • Community Building: Encourage listeners to join a dedicated online community where they can discuss episodes, share insights, and connect with other educators.

5. Partnership and Participant Acquisition

  • Event Partnerships: Partner with education event companies to promote the podcast at relevant conferences and seminars. Offer exclusive podcast content or live recordings at these events.
  • Guest Outreach: Develop a systematic approach to reaching out to potential guests, including influential educators, administrators, and EdTech experts. Offer value by positioning them as thought leaders and providing them with professionally produced content they can share with their networks.
  • Audience Growth: Use partnerships to grow the podcast's audience by offering co-branded promotions, guest appearances, and exclusive content to event participants.

6. Performance Tracking and Optimization

  • Metrics to Track: Monitor podcast downloads, social media engagement, email open rates, and website traffic to evaluate the effectiveness of the campaign.
  • Feedback Loop: Regularly gather feedback from listeners and guests to refine content, format, and promotional strategies.
  • Quarterly Review: Assess the overall performance of the podcast strategy every three months to identify areas for improvement and plan the next content cycle


Currently exploring this on our company Youtube Page

www.youtube.com/@newtonclassroom


Referral Program/Partner Program

Since we are a B2B company referral is not considered ethical as discussed in the sessions. Partner program already explored above









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