Blab Business
HomeRun Secures $12 Million Series A+ to Scale 60-Minute Construction Material Delivery
HomeRun, a Bengaluru‑based quick‑commerce platform that delivers construction and interior materials within an hour, announced on Tuesday that it has raised $12 million in a Series A+ funding round led by Nexus Venture Partners. Existing investors Sorin Investments, Titan Capital, Sparrow Capital and Consumer Collective by Atrium also participated.
The capital will be used to expand the company’s geographic footprint, strengthen its supply‑chain network and technology stack, and add new product categories. HomeRun said the infusion will help it “scale its hyper‑local delivery model across more cities and broaden its SKU range.”
Founded in 2024, HomeRun operates under HomeRun Retail Pvt. Ltd. and has already delivered more than 100,000 orders in the past year, according to the company. It claims an eight‑fold increase in top‑category sales since launch. The startup’s inventory includes cement, plywood, electrical and plumbing supplies, hardware, adhesives and finishing products, and it serves both homeowners and contractors.
“Building‑material procurement in India has remained fragmented and inefficient,” founder and CEO Pukhraj Grewal told reporters. “We’re making it as reliable, transparent and fast as any modern commerce experience.” Grewal previously co‑founded Tornado, a tech‑led interior‑contracting startup, and Project Hero, a construction‑labour‑hiring platform.
The Series A+ round follows a $6.6 million Series A that HomeRun closed in February, which was also led by Nexus Venture Partners. The new round brings the total valuation to an undisclosed figure, but the company said the funding will accelerate its expansion plans.
Anand Datta, partner at Nexus Venture Partners, said the firm’s “quick‑commerce thesis centers on formalizing supply chains while preserving the proximity advantage of small‑format local merchants.” He added that building‑materials and local hardware are “one such supply chain that has largely skipped digitisation.”
HomeRun’s fundraising comes amid a broader wave of venture‑capital interest in vertical quick‑commerce platforms. In the house‑help segment, Snabbit raised $112 million from investors including Susquehanna Venture Capital, Unicorn Growth Fund, Bertelsmann India Investments and Lightspeed Venture Partners. Pronto, another instant‑house‑help player, secured about $58 million from Epiq Capital, General Catalyst, Bain Capital Ventures and tech investor Lachy Groom.
In the beauty and personal‑care delivery space, Firi was reportedly in talks to raise $3–4 million led by 360 One Asset, while Dazzl, which promises 10‑minute beauty services, is targeting $10–11 million. BazaarNow, a tier‑2 quick‑commerce platform, raised $8 million in a round led by Peak XV Partners.
Industry analysts note that quick‑commerce models are gaining traction in sectors where time‑to‑delivery is a critical differentiator. The construction industry, in particular, has long struggled with supply‑chain bottlenecks and price volatility. By offering a 60‑minute delivery window, HomeRun seeks to address these pain points for contractors and homeowners alike.
The company’s expansion strategy includes adding new categories beyond its current construction‑material focus. While the announcement did not list specific SKUs, HomeRun said it will look to broaden its product range to meet the evolving needs of its customer base.
As of now, HomeRun’s operations are concentrated in Bengaluru, where it serves more than 800 SKUs across 76 pin codes. The company has not disclosed plans for additional cities, but the funding round is expected to enable a roll‑out into other major Indian metros in the coming months.
In summary, HomeRun’s $12 million Series A+ round reflects growing investor confidence in niche quick‑commerce solutions that address long‑standing supply‑chain inefficiencies. The infusion will support the company’s geographic expansion, technology upgrades and category diversification, positioning it to capture a larger share of India’s construction‑material market. The next milestone for HomeRun will be its next quarterly earnings report, which is expected to provide further insight into the impact of the new capital on its growth trajectory.
The capital will be used to expand the company’s geographic footprint, strengthen its supply‑chain network and technology stack, and add new product categories. HomeRun said the infusion will help it “scale its hyper‑local delivery model across more cities and broaden its SKU range.”
Founded in 2024, HomeRun operates under HomeRun Retail Pvt. Ltd. and has already delivered more than 100,000 orders in the past year, according to the company. It claims an eight‑fold increase in top‑category sales since launch. The startup’s inventory includes cement, plywood, electrical and plumbing supplies, hardware, adhesives and finishing products, and it serves both homeowners and contractors.
“Building‑material procurement in India has remained fragmented and inefficient,” founder and CEO Pukhraj Grewal told reporters. “We’re making it as reliable, transparent and fast as any modern commerce experience.” Grewal previously co‑founded Tornado, a tech‑led interior‑contracting startup, and Project Hero, a construction‑labour‑hiring platform.
The Series A+ round follows a $6.6 million Series A that HomeRun closed in February, which was also led by Nexus Venture Partners. The new round brings the total valuation to an undisclosed figure, but the company said the funding will accelerate its expansion plans.
Anand Datta, partner at Nexus Venture Partners, said the firm’s “quick‑commerce thesis centers on formalizing supply chains while preserving the proximity advantage of small‑format local merchants.” He added that building‑materials and local hardware are “one such supply chain that has largely skipped digitisation.”
HomeRun’s fundraising comes amid a broader wave of venture‑capital interest in vertical quick‑commerce platforms. In the house‑help segment, Snabbit raised $112 million from investors including Susquehanna Venture Capital, Unicorn Growth Fund, Bertelsmann India Investments and Lightspeed Venture Partners. Pronto, another instant‑house‑help player, secured about $58 million from Epiq Capital, General Catalyst, Bain Capital Ventures and tech investor Lachy Groom.
In the beauty and personal‑care delivery space, Firi was reportedly in talks to raise $3–4 million led by 360 One Asset, while Dazzl, which promises 10‑minute beauty services, is targeting $10–11 million. BazaarNow, a tier‑2 quick‑commerce platform, raised $8 million in a round led by Peak XV Partners.
Industry analysts note that quick‑commerce models are gaining traction in sectors where time‑to‑delivery is a critical differentiator. The construction industry, in particular, has long struggled with supply‑chain bottlenecks and price volatility. By offering a 60‑minute delivery window, HomeRun seeks to address these pain points for contractors and homeowners alike.
The company’s expansion strategy includes adding new categories beyond its current construction‑material focus. While the announcement did not list specific SKUs, HomeRun said it will look to broaden its product range to meet the evolving needs of its customer base.
As of now, HomeRun’s operations are concentrated in Bengaluru, where it serves more than 800 SKUs across 76 pin codes. The company has not disclosed plans for additional cities, but the funding round is expected to enable a roll‑out into other major Indian metros in the coming months.
In summary, HomeRun’s $12 million Series A+ round reflects growing investor confidence in niche quick‑commerce solutions that address long‑standing supply‑chain inefficiencies. The infusion will support the company’s geographic expansion, technology upgrades and category diversification, positioning it to capture a larger share of India’s construction‑material market. The next milestone for HomeRun will be its next quarterly earnings report, which is expected to provide further insight into the impact of the new capital on its growth trajectory.
