Construction management app Powerplay has raised $5.2 million in a funding round led by Accel Partners and Surge, a scale-up program by Sequoia Capital India for startups. 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 platform to track their progress, deliverables and payments, as well as streamline the often complex and multi-stakeholder project management process.
The company was founded in Bangalore in December 2019 by Lesh Dixit and Shubham Goyal, who both graduated from IIT Roorkee. Lesh previously built a B2B online marketplace that was used by 250 manufacturers and over 10,000 retailers, while Shubham worked at Samsung, where he was part of the team that designed Samsung’s top rated S10 camera software.