New Delhi: Powerplay, a pioneering construction technology platform building an AI workforce for contractors and builders across India, has recorded up to 4X growth in platform spend over approximately 18 months among customers adopting its AI agents. The figure compares the same customers’ spend before and after AI adoption.
The company’s AI Purchase Executive helps contractors compare supplier rates, track material requirements and check purchase orders against project budgets. Its AI Credit Analyst helps organise project information and financing documents for credit applications through lending partners. Together, the agents aim to connect purchasing requirements with working-capital options, while credit decisions remain with the respective lenders.
Powerplay AI agents bring these activities closer together, helping contractors manage purchasing decisions while connecting them with working capital through bank and non-banking financial company (NBFC) partners.
“For a contractor, procurement and finance cannot work in isolation. The team needs to know what a project requires, what materials will cost and whether the funds will be available when payments are due. We are building an AI Workforce that can take on much of the coordination involved in these decisions, using the project data already available on Powerplay. By bringing procurement and financing together, we want to help contractors and builders across India in managing their day-to-day operations more efficiently,” said Mr. Iesh Dixit, Co-founder and CEO, Powerplay.
Powerplay’s annualised marketplace transaction volume has grown from approximately ₹36 crore to around ₹100 crore over the past year. Over the same period, financing volume facilitated through its lending partners has grown more than eightfold off a small base still across just four cities, with significant headroom as adoption expands. These figures represent transaction and financing volumes facilitated through the platform.
The growth comes as India continues to expand its infrastructure investment. The India Brand Equity Foundation’s infrastructure overview notes that the Union Budget for FY2026–27 provides ₹12.22 lakh crore for infrastructure capital investment. For contractors working on projects across the country, managing material purchases, supplier payments and access to working capital remains an important part of keeping projects on schedule.
The company has more than 40,000 construction firms and 85,000 projects represented on its platform. The company is now looking to deepen its role in contractors’ daily operations, moving beyond helping teams track project activity to assisting with procurement and financing tasks. As adoption of these AI-led workflows grows, Powerplay aims to bring more of the work involved in running a construction business onto a single platform.