$5.2 million raised by construction management app Powerplay
Fri, Jul 9, 2021 2:21 PM

$5.2 million raised by construction management app Powerplay

A Flip by Flipitnews
Get it on Google Play
Powerplay secured $5.2 Mn in funding led by Accel Partners and Surge, a rapid scale-up program by Sequoia Capital India for startups. India Quotient and Snapdeal founders also participated in the round. Powerplay is a part of Surge’s fifth cohort of 23 companies. It is a free mobile app that connects multiple stakeholders involved in construction, enabling them to communicate and collaborate.

More great flips

Vijay Kedia backed TAC Infosec IPO continues to see strong demand

Vijay Kedia backed TAC Infosec IPO continues to see strong demand

The TAC Infosec IPO, which opened for subscription on Wednesday, March 27, will close on Tuesday, April 2. The price band for the issue is ₹100 to ₹106 per share, with a face value of ₹10. 1,200 equity shares make up the lot size for the IPO; investors may bid for a minimum of 1,200 equity shares. TAC Infosec IPO on Tuesday, March 26, raised ₹8.55 crore by selling 8.06 lakh equity shares.

Open Flip
F&O Stocks: Tata Chemicals, IDFC First Bank among stocks with short buildup

F&O Stocks: Tata Chemicals, IDFC First Bank among stocks with short buildup

In Thursday's trading session, the following five stocks witnessed a build of fresh short positions. Let’s first understand how this conclusion is reached whether a stock has seen a buildup of fresh short position or not. To understand it we have to look at what “short selling” means. When a trader is expecting the stock prices to fall, she may sell the stock without owning it.

Open Flip
India to see highest number of new EV model launches in year ahead

India to see highest number of new EV model launches in year ahead

About 25 models of battery electric vehicles (BEVs) are lined up for release by 20 carmakers in India in the year ahead - the highest number so far - at prices ranging from Rs 5 lakh to Rs 3.5 crore. Although BEVs account for only 2.2 percent of passenger vehicle sales in the country, the automotive industry is embracing electric cars as part of its future product lineup.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon