Sequoia’s Surge co-leads $5.2m round of Indian construction management app

India-based construction management app Powerplay announced it has raised US$5.2 million in its latest round of funding.

More funding details

• Lead investor: Accel Partners and Surge (Sequoia Capital India’s accelerator program).
• Returning investors: India Quotient and the founders of Snapdeal
• Stage: Unspecified

More company updates

• According to the company, its platform is currently being used by over 35,000 contractors across 800 cities in India. It has also managed over 5,000 projects on its platform to date.
• Powerplay is part of the 23 companies in Surge’s fifth cohort, which is the largest to date.
• The company is a mobile-first construction site management app that lets project managers and workers communicate and collaborate more effectively. It also helps these parties monitor their progress, deliverables, and payments across projects.
• For contractors, the platform helps them track employee attendance, conduct budgeting and invoicing, and manage materials as well.

For more coverage about the company, head here. You can also click on the link below to view the company’s key details and funding history.