Powerplay, India’s construction tech platform, has announced the rollout of Powerplay Credit, a project-linked working capital solution designed to address cash flow constraints faced by contractors during active project execution.
Powerplay Credit is currently live across key construction markets in South India, where contractors typically manage multiple sites and face prolonged payment cycles. Following early on-ground validation, the company is now formally announcing the rollout as it scales adoption across the region, with plans to expand to other parts of the country in 2026.
The launch comes at a time when India’s construction sector is witnessing increased activity across infrastructure, housing, industrial corridors, renewable energy, and urban redevelopment. Contractors continue to face longer payment cycles, stage-based billing, and delayed receivables, often resulting in stalled projects and reliance on informal credit.
Powerplay Credit is embedded directly into material procurement rather than offered as a standalone loan. Credit is capped at the project level and can only be used for verified raw material purchases through the Powerplay marketplace, ensuring controlled and execution-linked usage.
Unlike traditional construction financing products, Powerplay Credit is software-led. It leverages real-time project data—site activity, material consumption, procurement patterns, and execution progress—enabling collateral-free, zero-interest credit with reduced execution risk.
Commenting on the rollout, Mr. Iesh Dixit, CEO, Powerplay, said:
“If you look at where India is today versus where it needs to be over the next decade, the gap is stark. We currently build around 9 million homes, but the country will need close to 90 million. Contractors are expected to deliver this scale while operating on fragile cash flows. Powerplay Credit is designed to bridge this gap by embedding working capital directly into live projects.”
For banking partners, Powerplay Credit reduces underwriting friction by providing access to verified, live project-level execution data, improving risk visibility and lowering monitoring costs.
Musthaqheem A, Chief of Staff (Leading Commerce Practice), Powerplay, added:
“For years, contractors had to choose between delayed materials or expensive informal credit. By integrating procurement with project-linked financing, we’ve eliminated that trade-off entirely.”
The solution targets both small and mid-sized contractors, offering structured credit access to smaller firms and scalable financing for larger operators, with risk managed through product design rather than collateral.