Global Edtech Leader PowerSchool Acquires Neverskip, a Best-in-Class Education Technology Platform, Now Serving a Combined 1.2+ Million Students in India

The addition of Neverskip to PowerSchool’s portfolio of education technology products will provide comprehensive school operations, parent engagement, and personalized education tools for schools in India’s rapidly growing education market

INDIA, 5th September 2023: In line with their robust growth strategy for the India market, PowerSchool, a global leader of cloud-based software for K-12 education, announced their acquisition of Chennai-based enterprise resource planning (ERP) software company Neverskip. The acquisition combines the power of Neverskip’s best-in-class ERP with PowerSchool’s industry-leading solutions to create a unified technology platform for schools in India that optimizes operations, elevates student and staff success, and increases overall family engagement. With this acquisition, PowerSchool will immediately expand its reach to over 900 schools and 1.2 million students in India and sets a foundation for growth to support the larger Indian education market.

Over the last two decades, PowerSchool has established itself as one of the front runners in the global edtech ecosystem, catering to over 50 million students in over 90 countries. PowerSchool reported $630 million revenue in 2022, with a valuation of $4.3 billion, and forecasts a revenue target of approximately $690 million for 2023. The brand’s user-friendly Learning Management System (LMS), Schoology Learning, supports over 60,000 schools globally. Combining the prowess of the Neverskip ERP with PowerSchool’s full suite of solutions, including its data analytics, student support tools, and teacher effectiveness offerings as well as the LMS, will bring about a paradigm shift by providing schools throughout India with one trusted partner for end-to-end administrative and academic functions. With this acquisition, PowerSchool and Neverskip will now support some of India’s most renowned schools including Ekya, Maxford, Future Kids, Manipal School and SBOA Group of Schools with its products.

Sharing his views, Mr Hardeep Gulati, former Chief Executive Officer of PowerSchool, said, “We are excited about the opportunity to make an immediate impact in the Indian education system and improve outcomes for the approximate 250 million school-aged students. PowerSchool has extensive experience helping many international and private schools in India elevate teacher effectiveness and student outcomes. Since its establishment in 2017, our Bengaluru office and its 1,300+ local employees have committed to bringing our global technology solutions to Indian educators and learners. Our acquisition of Neverskip is an instrumental step in our journey to provide personalized education to all and we are excited to welcome their employees and customers to PowerSchool.”

With this acquisition, PowerSchool will now extend their best-in-class technology by providing centralized access to all administrative and learning functions including admissions, fee management, transport, student records, homework, assignments, examinations, report cards, parent communication, blended classrooms, personalized education, and meaningful data analytics.

“We understand the unique needs of school leaders, families, and students in India. India has a dynamic and ever-evolving education ecosystem comprised of one of the largest student populations globally. Additionally, integration of technology in learning has witnessed accelerated growth during and after the recent pandemic. In fact, industry research indicates the increase in school digitization which is expected to exceed $500 million in the next five years, but also recognizes the scalability of the Indian ERP market to reach US$1.04 billion by 2028. All of this is expected to increase the need and demand for tech-powered learning solutions. As a leader in education innovation, PowerSchool will continue to provide cloud-based technologies to enable schools in their digitization journey aligned with India’s New Education Policy (2020)”, Mr Apoorav Nischal, Managing Director and Country Head, Power School India.

“As demonstrated by their globally renowned products, especially Schoology Learning, PowerSchool has truly redefined personalized education. We are excited about this new chapter in our journey. This step enables us to expand our solution suite and value to customers and dramatically expand our scale and reach.” added Mr Shankar Jambulingam, Founder & Chief Executive Officer at Neverskip.

Interested in Learning More About PowerSchool + Neverskip?

About PowerSchool

PowerSchool (NYSE: PWSC) is a leading provider of cloud-based software for K-12 education in North America. Its mission is to power the education ecosystem with unified technology that helps educators and students realize their full potential, in their way. PowerSchool connects students, teachers, administrators, and parents, with the shared goal of improving student outcomes. From the office to the classroom to the home, it helps schools and districts efficiently manage state reporting and related compliance, special education, finance, human resources, talent, registration, attendance, funding, learning, instruction, grading, assessments, and analytics in one unified platform. PowerSchool supports over 50 million students globally and more than 15,000 customers, including more than 90 of the top 100 districts by student enrollment in the United States, and sells solutions in more than 90 countries.

Visit www1.powerschool.com to learn more.

About Neverskip

Neverskip offers a comprehensive ERP solution that streamlines diverse school functions, ranging from admissions and fee management to online exams, report cards, and essential administrative tasks required to manage schools efficiently. Neverskip’s dedication lies in enhancing school efficiency and stakeholder experiences through innovative digital solutions. With strong collaborations across CBSE, ICSE, State-board, and IB curricula schools in over 20+ states in India, Neverskip brings a positive impact on the lives of students and educators.

Visit www.neverskip.com to learn more.

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Media Contact:

Vandana M | Adfactors PR

Sweta Mohanty | Adfactors PR

Source: PowerSchool Holdings, Inc.

Frequently Asked Questions

I am a PowerSchool Customer
I am a Neverskip Customer
I’m not a customer, but want to learn more

I am a PowerSchool customer

Q: What was announced?
We are very excited to announce that PowerSchool has completed the acquisition of Neverskip, a leading provider of enterprise resource planning (ERP) software in India.

Q: Who is Neverskip?
Neverskip is a leading ERP provider in India, with over twelve years of experience supporting students in over 20 states. With Neverskip, schools are better able to optimize school operations, elevate student and staff success, and increase family engagement thanks to centralized access to all administrative functions. This includes admissions, fees, report cards, student records, staff records, class scheduling, transportation, and payroll.

Q: What types of schools does Neverskip support?
Neverskip is used by education boards such as CBSE, ICSE, State-board, and IB curriculum in over 25 states throughout India.

Q: Why did PowerSchool acquire Neverskip?
This acquisition combines the power of Neverskip’s best-in-class ERP with PowerSchool’s award-winning learning management system (LMS) and other industry-leading solutions to create a unified technology platform for schools in India that optimizes operations, elevates student and staff success, and increases overall family engagement.

Q: How will this acquisition help schools?
With this acquisition, PowerSchool will now extend their best-in-class technology by providing centralized access to all administrative functions, including admissions, fee management, transport, student records, homework, assignments, examinations, report cards, parent communication, blended classrooms, personalized education, and meaningful data analytics.

Q: Does Neverskip’s mission align with PowerSchool’s?
Yes – Neverskip’s core mission is to improve the efficiency of the school by solving everyday challenges in terms of managing, administrating, and communicating. This aligns closely with PowerSchool’s commitment to power the education ecosystem with unified technology that helps educators and students realize their full potential, in their way.

Q: How will this acquisition affect current PowerSchool customers in India?
Existing PowerSchool customers in India now have the option to expand their PowerSchool platform by adding a leading ERP solution. This functionality has been frequently requested by current PowerSchool users in India and will result in a more integrated user experience for customers that use the ERP and additional PowerSchool products, such as the LMS, PowerSchool Schoology Learning.

Q: What is the combined product roadmap?
We are exploring all potential integration opportunities and are excited to share more in the coming months, however customers in India can expect ERP functionality to be immediately available, with additional licenses. In the future, we look forward to expansions to PowerSchool’s portfolio, including AI-powered tools to enhance personalized education.

I am a Neverskip customer

Q: What was announced?
We are very excited to announce that PowerSchool completed the acquisition of Neverskip.

Q: Who is PowerSchool?
PowerSchool is a leading provider of cloud-based software for K-12 education in North America. Its mission is to power the education ecosystem with unified technology that helps educators and students realize their full potential, in their way. PowerSchool connects students, teachers, administrators, and parents, with the shared goal of improving student outcomes. From the office to the classroom to the home, it helps schools and districts efficiently manage state reporting and related compliance, special education, finance, human resources, talent, registration, attendance, funding, learning, instruction, grading, assessments, and analytics in one unified platform. PowerSchool supports over 50 million students globally and more than 15,000 customers, including more than 90 of the top 100 districts by student enrolment in the United States, and sells solutions in more than 90 countries. PowerSchool also employees over 1,300 team members in their Bengaluru offices and provides solutions to a growing number of schools in India – learn more at www1.powerschool.com/india

Q: Will I need to add any PowerSchool products to access my existing Neverskip products?
No – while we encourage you to explore the benefit of adding additional PowerSchool products, doing so is absolutely not required.

Q: How does PowerSchool plan to support Neverskip customers?
Our focus during this transition is on you, our customer. We will work hard to ensure complete continuity when working with our combined organization. The Neverskip team will be joining PowerSchool, and you can continue to work with your existing customer success manager, services, and support contacts. We strive for customer excellence—so our team will work diligently to achieve the highest levels of innovation, support, and services going forward.

Q: How will this acquisition affect current Neverskip customers?
Existing Neverskip customers in India now have the option to expand their PowerSchool platform – for example, by adding a PowerSchool’s award winning LMS. The combination of a trusted ERP with PowerSchool’s other solutions (such as the LMS) will bring about a paradigm shift by providing schools throughout India with one trusted partner for end to end administrative and academic functions.

Q: How can I learn more about PowerSchool’s LMS?
PowerSchool Schoology Learning is a leading K12-focused LMS and is used by over 60,000 schools globally. Schoology Learning centralizes assignments, assessments, teaching tools (like Google and Microsoft), and interactive content to help students learn no matter where they are. Schoology Learning also increases collaboration and saves teachers time by streamlining access to lesson plans, instructional resources, and professional development opportunities.

Please contact us to schedule a time to learn more.

Q: Will pricing change?
No. All current contracts and pricing will be honored for the duration of their terms. Our policy is to continue to honor all current contracts. In case of significant changes in business conditions we will collaborate with our customers and partners to respond appropriately.

Q: Will the same people who support my Neverskip products today continue to deliver support?
As the Neverskip team will be joining PowerSchool, please continue to work with your existing Neverskip contacts for ongoing needs and whenever questions arise.

Q: Will the platform still be known as NeverSkip?
Neverskip will now be known as PowerSchool Neverskip.

Q: Will there be an integration period that will impact implementation timeframes?
The same team at Neverskip that supports your institution today will continue to deliver support and work on current implementation projects. it is business as usual so please continue to work with your existing account managers, customer support officers, regional managers and other contacts in the respective areas.

Q: How will updates and information be communicated to us?
We are dedicated to keeping you well-informed throughout this process. Updates and information will be shared through various channels, including emails, meetings, and possibly dedicated communication platforms. Our goal is to ensure that you have the information you need when you need it. Please do not hesitate to reach out to your account manager at any time with inquiries.

I’m not a customer, but want to learn more

If you’d like to find out more about how PowerSchool and Neverskip can benefit your K-12 school or district, school or district, please contact us to schedule a time to learn more.