Powerplay Rolls Out Project-Linked Credit for Contractors
ECONOMY & POLICY

Powerplay Rolls Out Project-Linked Credit for Contractors

Powerplay, India’s construction technology platform, has announced the rollout of Powerplay Credit, a project-linked working capital solution aimed at easing 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 operate within extended payment cycles. Following early on-ground validation, the company is scaling adoption across the region, with plans to expand nationwide in 2026.
The rollout comes amid heightened activity in India’s construction sector across infrastructure, housing, industrial corridors, renewable energy and urban redevelopment. Contractors continue to face delayed receivables, stage-based billing structures and long payment cycles, particularly on large government and corporate projects, often resulting in stalled execution and reliance on informal credit.
Unlike conventional loans, Powerplay Credit is embedded directly into material procurement through the Powerplay marketplace. Credit is capped at the project level and can only be used for verified raw material purchases aligned with approved project specifications, with no cash disbursement to contractors.
The solution is software-led, leveraging real-time project data captured on the platform, including site activity, material consumption and execution progress. This enables collateral-free, zero-interest credit while maintaining strict control over end use.
Commenting on the rollout, Iesh Dixit, said the scale of India’s infrastructure and housing needs requires contractors to deliver growth despite fragile cash flows, a gap the new credit model aims to address by embedding working capital into live projects.
For banking partners, the model reduces underwriting friction by providing access to verified, live execution data instead of static documentation, improving risk visibility and monitoring efficiency.
The solution is targeted at both small and mid-sized contractors, offering structured access to credit for smaller firms and scalable financing for mid-sized players managing multiple parallel projects.

Powerplay, India’s construction technology platform, has announced the rollout of Powerplay Credit, a project-linked working capital solution aimed at easing 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 operate within extended payment cycles. Following early on-ground validation, the company is scaling adoption across the region, with plans to expand nationwide in 2026.The rollout comes amid heightened activity in India’s construction sector across infrastructure, housing, industrial corridors, renewable energy and urban redevelopment. Contractors continue to face delayed receivables, stage-based billing structures and long payment cycles, particularly on large government and corporate projects, often resulting in stalled execution and reliance on informal credit.Unlike conventional loans, Powerplay Credit is embedded directly into material procurement through the Powerplay marketplace. Credit is capped at the project level and can only be used for verified raw material purchases aligned with approved project specifications, with no cash disbursement to contractors.The solution is software-led, leveraging real-time project data captured on the platform, including site activity, material consumption and execution progress. This enables collateral-free, zero-interest credit while maintaining strict control over end use.Commenting on the rollout, Iesh Dixit, said the scale of India’s infrastructure and housing needs requires contractors to deliver growth despite fragile cash flows, a gap the new credit model aims to address by embedding working capital into live projects.For banking partners, the model reduces underwriting friction by providing access to verified, live execution data instead of static documentation, improving risk visibility and monitoring efficiency.The solution is targeted at both small and mid-sized contractors, offering structured access to credit for smaller firms and scalable financing for mid-sized players managing multiple parallel projects.

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement