Bengaluru-based construction quick commerce startup HomeRun has raised Rs 60 crore in a Series A funding round led by Sorin Investments, as it looks to strengthen supply chains and expand into new cities.
Sorin Investments, an early-stage venture capital firm co-founded by former KKR India CEO Sanjay Nayar and Caravel Group CEO Angad Banga, contributed Rs 40 crore to the round. The remaining capital came from Titan Capital Winners Fund, with participation from Sparrow Capital, Consumer Collective by Atrium, and Helios Holdings.
Building Quick Commerce for Construction
Launched in 2024, HomeRun operates a hyperlocal, tech-enabled retail network that delivers construction and home-improvement materials within 60 to 90 minutes. Its product portfolio spans cement, plywood, plumbing supplies, electrical components, adhesives, hardware, and finishing products.
Primarily, the platform serves homeowners and contractors. In doing so, it addresses persistent friction points in the construction ecosystem, including unreliable local suppliers, inconsistent pricing, last-minute material shortages, and labour downtime caused by procurement delays.
According to Founder and CEO Pukhraj Grewal, the idea emerged from years of working in tech-enabled operations and home-improvement services, where supply uncertainty routinely disrupted project timelines and inflated costs.
“At HomeRun, we are building infrastructure that brings reliability, transparency, and speed to a category that urgently needs it,” Grewal said. “Building in Bengaluru has helped us refine a playbook we are now ready to scale.”
Capital Deployment Strategy
The fresh funding will be used to expand product categories, scale its hyperlocal dark-store infrastructure, and strengthen direct sourcing relationships with manufacturers and distributors. The company also plans to invest in technology to improve fulfillment reliability and optimize unit economics.
HomeRun aims to deepen engagement with contractors, interior designers, and residential communities as it enters additional urban markets. The company believes dense cities with ongoing renovation activity offer strong demand for rapid, dependable delivery of materials.
Addressing a Fragmented Market
India’s building materials retail market remains vast but largely unorganized and fragmented. As a result, small contractors and homeowners continue to rely on local vendors, where price opacity and supply inconsistencies frequently disrupt project timelines.
Against this backdrop, investor conviction is strengthening. Subeer Monga, Partner at Sorin Investments, said the firm’s confidence stems from a visible product and market fit in Bengaluru.
“HomeRun is addressing a mission-critical gap by bringing speed, trust, and predictability to procurement,” Monga noted. “Customers are relying on HomeRun to keep projects on schedule.”
Moreover, he added that the company’s operating model reflects disciplined scalability, one that can be replicated across other urban and rapidly urbanizing markets.
Expanding the Playbook
By combining quick-commerce logistics with construction supply chains, HomeRun is attempting to formalize a traditionally offline segment. The startup’s model mirrors the efficiency of grocery and essentials delivery platforms but adapts it for bulkier, project-critical materials.
With Series A capital secured, the company is now focused on execution. The next phase centers on expanding its physical network, strengthening vendor partnerships, and improving technological infrastructure to ensure consistent, rapid fulfillment.
As renovation cycles shorten and urban construction intensifies, reliability in procurement is becoming a competitive advantage.
HomeRun’s strategy positions it at the intersection of infrastructure, logistics, and retail transformation within India’s growing construction economy.
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Source: ISN
