Construction management app Powerplay on Friday said it has raised $5.2 million in funding led by Accel Partners and Sequoia Capital India’s accelerator program, Surge. The two-year-old startup's mobile app connects multiple stakeholders involved in construction, enabling them to communicate and collaborate more efficiently. With the Powerplay app, contractors can chart their project completion progress, and also use the platform to track employee attendance, budgeting and invoicing, as well as issues and material management. As a result, construction projects often face very costly delays when initial time and budget estimates go wrong, the company said. Powerplay is an operating system for all construction stakeholders including builders, contractors and subcontractors to build projects of all sizes, from tallest buildings to longest roads.

Source: Mint July 09, 2021 03:56 UTC