Const Management App Powerplay Raises $5.2M from Sequoia and Accel Partners

Bengaluru-based construction management app Powerplay has raised $5.2 million in funding led by Accel Partners and Surge, a rapid scale-up programme by Sequoia Capital India for startups in India and Southeast Asia. India Quotient and Snapdeal founders also participat

BY Realty Plus
Published - Saturday, 10 Jul, 2021

Const Management App Powerplay Raises $5.2M from Sequoia and Accel Partners

Bengaluru-based construction management app Powerplay has raised $5.2 million in funding led by Accel Partners and Surge, a rapid scale-up programme by Sequoia Capital India for startups in India and Southeast Asia. India Quotient and Snapdeal founders also participated in the round. Powerplay is a free mobile app that connects multiple stakeholders involved in construction, enabling them to communicate and collaborate more efficiently. Project managers, workers, and partners can use this one-stop platform to help them track their progress, deliverables, and payments, as well as streamline the often complex and multi-stakeholder project management process. With the Powerplay app, contractors can not only chart their project completion progress, but use it to track employee attendance, budgeting, and invoicing, as well as issues and material management. Powerplay is an operating system for all construction stakeholders (builders, contractors, and subcontractors) to build projects of all sizes, from tallest buildings to longest roads. The app claims to have grown swiftly since its launch in October 2020 and is currently used by over 35,000 contractors across 800 Indian cities. Over 5,000+ projects have been managed on the app, with more than 200 hours reportedly saved each week by contractors.