All Home Bharat Platform Private Limited has raised ₹200 crore from a Series B fundraise led by Bessemer Venture Partners, with participation from certain family offices. Touchstone Partners advised AllHome on this fundraise. The transaction marks a significant milestone for one of India’s fastest-growing home improvement platforms, and continues a strong advisory relationship between the firm and the company.
Introduction
AllHome was founded by Dharmil Sheth, Dhaval Shah, Hardik Dedhia, and Siddharth Shah — ex co-founders of PharmEasy — and is focused on the architectural and interior design sector, building a technology-led, full-stack platform for home category products by partnering with home improvement brands.
AllHome operates a house of brands platform for home improvement products, currently offering products in four categories: surfaces, hardware and bath fittings, facades and windows, and lighting, with plans to expand its portfolio further. The Series B fundraise was structured as a round led by Bessemer Venture Partners, with participation from certain family offices; further structural details of the round were not disclosed.
Deal Value
AllHome secured ₹200 crore (over $21 million) in its Series B funding round led by Bessemer Venture Partners, taking the company’s valuation to ₹2,000 crore (approximately $210 million).
Legal Teams Involved
Touchstone Partners advised AllHome on this fundraise. The transaction team consisted of:
- Pranay Bagdi — Partner
- Rajvee Bavishi — Associate
- Aniket Singh — Associate
No legal counsel for the investors was disclosed in the available sources. Further details were not disclosed.
Significance and Impact
Touchstone Partners had also previously advised AllHome in their Series A fundraise, making this the firm’s second consecutive mandate for the company and underscoring a deepening institutional relationship between counsel and client across successive fundraising stages.
The funds will be allocated to enhance AllHome‘s proprietary technology stack, grow experience centers, and develop cutting-edge manufacturing facilities. This capital deployment strategy reflects the company’s intent to build out both its physical and digital infrastructure simultaneously, a model that distinguishes it within India’s fragmented home improvement market.
Within 12 months of launch, the startup claims to have reached an annual revenue run rate of over ₹400 crore and is EBITDA profitable, with margins of 18% to 20%. The Series B fundraise, therefore, is not merely a growth round but a signal of investor confidence in a business that has demonstrated early-stage profitability at scale — a relatively rare combination in the Indian startup ecosystem.
AllHome operates in India’s construction materials and interior products market, which is worth over $50 billion and is seeing an increasing premiumisation trend. The company’s technology-led, full-stack approach to a sector historically dominated by unorganised players positions it as a structurally differentiated platform. For Touchstone Partners, the mandate adds to an active VC/PE practice and reinforces the firm’s standing as a go-to adviser for high-growth consumer and technology companies in India. Readers tracking active law firm mandates can also visit the Deal Meter for a broader view of firm activity.
The AllHome ₹200 crore Series B fundraise — led by Bessemer Venture Partners and advised by Touchstone Partners — affirms sustained institutional appetite for technology-led platforms in India’s home improvement sector. With the legal advisory team spanning Partner Pranay Bagdi and Associates Rajvee Bavishi and Aniket Singh, Touchstone Partners has now guided AllHome through multiple consecutive fundraising rounds. The company’s intended use of proceeds across technology, experience centers, and manufacturing signals an ambitious, multi-pronged growth strategy for the months ahead.
Disclaimer: This article is for informational purposes only and does not constitute legal advice. It is based on the details provided and publicly available sources.
