HomeRun funding of $12 million has landed for the Bengaluru-based quick commerce platform, as publicly reported on 2026-08-06, with Nexus Venture Partners leading the Series A+ round. HomeRun delivers construction and interior materials to contractors and homeowners within 60 minutes at competitive prices. The round also drew participation from existing investors Sorin Investments, Titan Capital, Sparrow Capital, and Consumer Collective by Atrium.
Quick Highlights
- Founder: Pukhraj Grewal, Founder & CEO — who brings over a decade of experience in construction, contracting and operations, and previously co-founded tech-enabled interior contracting startup Tornado and construction labour-hiring platform Project Hero
- Lead Investor: Nexus Venture Partners
- Participating Investors: Sorin Investments, Titan Capital, Sparrow Capital, Consumer Collective by Atrium
- Investor Background: Nexus Venture Partners is an early-stage venture capital firm that manages $3.2 billion in capital across funds, operating across the US and India, with a portfolio that includes Delhivery, Zepto, Rapido, and Postman
- Headquarters: Bengaluru, Karnataka, India
- Announcement Date: 6 August 2026
Funding Breakdown
Use of Funds
As publicly reported, HomeRun intends to deploy the fresh capital across three core priorities: expanding into new geographies, strengthening its supply chain infrastructure, and investing in technology and category expansion initiatives. The platform currently focuses on high-frequency construction categories including cement, tiles, plywood, wires, and paints, and plans to deepen its product portfolio as it scales.
Funding Timeline
This Series A+ is HomeRun’s third priced round. As publicly reported, the company first raised a seed round of ₹9 crore in November 2025, followed by a Series A of ₹60 crore ($6.6 million) led by Sorin Investments in February 2026. The latest $12 million Series A+ brings total disclosed funding to approximately $19.6 million.
Expansion Plans
With the new capital secured, HomeRun plans to expand its operations beyond Bengaluru into new cities. As publicly reported, Hyderabad and Pune have been cited as target markets for expansion, with the company planning to set up additional dark stores to serve those geographies. The startup’s founder has publicly stated the goal of building “the country’s most trusted platform for building materials.” HomeRun currently serves over 76 pin codes across Bengaluru through a network of strategically located warehouses and an all-electric delivery fleet.
Significance
This round marks a notable inflection point for construction materials quick commerce in India — a supply chain that, as Nexus Venture Partners has noted publicly, has “largely skipped digitisation.” HomeRun’s achievement of over 100,000 orders delivered and 8x growth over the past 12 months — becoming the largest retailer in Bengaluru across its top categories without relying on credit — demonstrates that strong unit economics are achievable in this segment. The entry of Nexus Venture Partners, which has backed category-defining quick commerce plays like Zepto, signals growing institutional conviction that construction materials are ripe for the same formalisation wave that transformed grocery delivery. For a sector long plagued by opaque pricing, unreliable supply, and labour downtime, HomeRun’s model offers a structurally differentiated solution at a compelling moment of market readiness.
These details have been verified against multiple publicly available reports as of 2026-08-06.
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Disclaimer: This report is compiled from publicly available sources and is for informational purposes only; funding figures are as publicly reported and may be subject to change.
