Construction management platform Powerplay raised $7.14 million in Series A funding round led by existing investor Accel where Sequoia Surge (Sequoia India’s accelerator for Indian and Southeast Asian startups), India Quotient, and Snapdeal founders Kunal Bahl and Rohit Bansal also participated.
Powerplay is a software-as-a-service (SaaS) platform that enables various construction stakeholders to communicate and collaborate. The funding will be used to scale the startup’s core business operations and expand its presence both domestically and internationally. The investment will also be used to strengthen the startup’s operating system (OS) business and to hire for key positions in the tech sector. The startup also intends to expand its operations in the United States. Powerplay intends to create a universal app to address its shortcomings in the iOS-dominated US market.
