Arqonz Launches AI Tools for Smart Construction Projects
Chennai – Arqonz’s E-Negotiations is a digital procurement and lead generation tool that automates vendor selection and price matching, enabling faster, transparent, and efficient order placement....
Chennai – Arqonz’s E-Negotiations is a digital procurement and lead generation tool that automates vendor selection and price matching, enabling faster, transparent, and efficient order placement.
- AQ-IQ is a ChatGPT-like AI assistant tailored for construction professionals, offering real-time support for drafting documents, material estimates, and local compliance insights, among others.
Arqonz Global Pvt Ltd, a Chennai-based tech startup, offering a multisided-digital platform for construction professionals, suppliers, and customers alike, has launched E-Negotiations, an AI-powered procurement and lead generation platform that enables bidding, automated price matching and transparent vendor interactions.
Reinforcing the company’s mission to give a digital upgrade, the company has also launched AQIQ – a GPT, chat assistant for Architecture, Construction , Engineering (ACE) exclusively for the construction industry that delivers real-time insights to help professionals make smarter decisions on the go.
Arqonz stands as India’s only unified digital platform dedicated to the construction industry, bringing together over 50,000 registered professionals and suppliers nationwide. With a robust catalogue of more than 25,000 construction products and integrated Software-as-a-Service (SaaS) tools, Arqonz offers a comprehensive ecosystem for seamless collaboration and project execution. Arqonz boasts of a growing SaaS product portfolio for different construction industry processes available for the subscribers of the platform.
Arqonz’s E-Negotiations module revolutionises the vendor selection process in construction by replacing lengthy manual procedures with a fast, transparent, and system-driven approach. Instead of spending weeks on market research, proposals, and negotiations, users can simply download a pre-formatted BOQ template, input their product requirements, and upload it to the platform. Instantly, Arqonz provides real-time market price estimates, enabling quick revisions before submission. The system then initiates an automated bidding process, reaching thousands of verified suppliers across the country. Within moments, the platform shortlists the top three bids—starting with the lowest—based on pricing and specifications, allowing users to make informed decisions and place orders directly. This streamlined approach helps professionals reduce procurement timelines from months to days, significantly boosting both speed and cost-efficiency in project execution.
AQ-IQ offers real-time, domain-specific support to architects, contractors, and builders. In contrast to generic language models like ChatGPT, AQ-IQ is tailored to the unique demands of the built environment—drafting professional letters, performing instant material and conversion calculations, and even delivering hyper-local insights like city-specific building regulations.
In her comments about the launch of E-Negotiations and AQ-IQ, Ms. Shilpa Sukumar, CEO, Arqonz said, “We are excited to launch E-Negotiations and AQ-IQ module—two powerful tools that mark a major leap in construction tech. Our E-Negotiations module is all set to transform the industry’s most critical processes—lead generation, vendor selection, and order placement—bringing in a new era of efficiency, speed, and transparency. Currently in beta, AQ-IQ is already streamlining workflows and enhancing decision-making for professionals across the industry. With future features like 3D visualisations from floor plans and AI-driven team collaboration, it is set to become an indispensable companion in the construction ecosystem.”
As an aggregator, Arqonz enables individuals or organisations to find construction professionals – architects, builders, contractors, designers, engineers, and suppliers, as well as construction products/solutions for their housing or infrastructure projects. Customers can go by factors like location, ratings, and cost while identifying professionals. This way, the platform facilitates construction professionals to generate leads. Besides, it also offers AI and SaaS tools for them to improve efficiency and collaboration in their operations.
“We are inspired by global travel platforms like Skyscanner and Expedia that have revolutionised the travel industry by simplifying complex processes, offering seamless booking experiences, and providing transparent comparisons. Similarly, we aim to transform the construction industry by delivering user-friendly solutions that empower customers with informed choices and professionals with streamlined services,” Ms. Shilpa Sukumar said.
Beyond offering transactional support and AI-powered productivity tools, Arqonz is committed to enhancing industry skills. Through targeted programs, the company empowers architecture and civil engineering students, along with working professionals, to gain practical expertise and advance their careers. This dual focus on technology and skill development sets this platform apart as a holistic industry partner.
The story of Arqonz began when Shilpa, despite not being an architect or a construction professional, identified inefficiencies in the industry through her extensive field experience. With the guidance of Prof. Srinivasan from IIM Bangalore, she conceptualised DMET, the revolutionary framework that powers the Arqonz platform. The idea is simple yet effective: enable users to discover market opportunities, match materials through AI-driven tools, evaluate buyers and sellers, and finally transact seamlessly.
This revolutionary tech company is based out of IIT-Madras Research Park. Currently focused on India, the company has ambitions to expand globally. It envisions a world where construction projects are as efficient and streamlined as possible.
