HomeRun, a Bengaluru-based fast commerce platform for building and home-improvement supplies has raised Rs 60 crore Sequence A funding led by Sorin Investments.
The spherical additionally noticed participation from Titan Capital Winners Fund, Sparrow Capital, Shopper Collective by Atrium and Helios Holdings. Sorin Investments invested Rs 40 crore within the spherical.
In line with a press release, HomeRun will use this funding spherical to broaden product classes, scale hyperlocal dark-store infrastructure, strengthen direct sourcing and supply-chain capabilities, and put money into know-how to enhance fulfilment reliability and unit economics. It additionally plans to deepen engagement with contractors, designers and residential communities because it expands into extra cities.
Launched in 2024, the HomeRun app delivers branded building and renovation supplies, together with cement, plywood, electrical, plumbing, {hardware}, adhesives and ending merchandise, inside 60-90 minutes by way of its hyperlocal, tech-enabled retail community. It serves owners and contractors, addressing long-standing ache factors round unreliable provide, opaque pricing, last-minute shortages and labour downtime that disrupt building and renovation initiatives.
HomeRun Founder & CEO Pukhraj Grewal mentioned, “Having spent over a decade in tech-enabled operations and home-improvement companies, I’ve seen how procurement uncertainty can derail timelines and inflate prices. At HomeRun, we’re constructing infrastructure that brings reliability, transparency and pace to a class that urgently wants it. Constructing in Bengaluru has helped us refine a playbook we are actually able to scale.”
In line with HomeRun, India’s broader constructing merchandise and supplies market is estimated at roughly $90 billion and projected to succeed in almost $150 billion by 2028.
Subeer Monga, Associate at Sorin Investments, mentioned, “The retail marketplace for constructing supplies in India stays extremely fragmented, opaque and unreliable, regardless of its measurement. HomeRun is addressing a mission-critical hole by bringing pace, belief and predictability to procurement, significantly for owners and small contractors the place delays straight translate into greater prices.”
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