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Bengaluru based construction materials startup HomeRun has announced the successful closure of its Rs 9 crore seed funding round, marking a significant milestone in the company’s mission to modernize India’s building materials retail sector. The investment round was co-led by Titan Capital and Sparrow Capital, with notable participation from Consumer Collective by Atrium and distinguished angel investors including Anupam Mittal, Abhishek Goyal of Tracxn, Suraj Nalin, Raj Sheth, and Gautam Shewakramanil.
Transforming the Construction Materials Landscape
Established in 2024 by entrepreneur Pukhraj Grewal, HomeRun addresses a critical gap in the construction and interior design industry by providing on demand access to authentic building materials. The platform promises delivery within sixty minutes, serving homeowners, contractors, and architects across all pin codes in Bengaluru. This rapid fulfillment is made possible through a network of strategically positioned dark stores complemented by an entirely electric delivery fleet, ensuring both efficiency and environmental sustainability.
Impressive Early Traction
Since its launch, HomeRun has demonstrated remarkable market validation. The company has successfully fulfilled over 30,000 orders, reflecting strong demand for reliable, quick-access building materials. The startup has already achieved Rs 35 crore in gross merchandise value on an annualized run rate basis and has set an ambitious target of reaching Rs 50 crore GMV ARR by January 2026. These metrics underscore the platform’s growing popularity among its target customer segments, driven by high repeat usage rates and exceptional reliability scores.
Strategic Growth Plans
The fresh capital will be strategically deployed across three key areas: expanding the dark store network to enhance geographical coverage, deepening product category offerings to serve diverse construction needs, and investing in technology infrastructure to optimize operations and customer experience. Founder Pukhraj Grewal expressed confidence in the investment, stating that it reinforces the team’s commitment to establishing HomeRun as the modern retail infrastructure for building materials across India.
HomeRun operates in a competitive landscape alongside traditional retailers and digital platforms such as IBO and Material Depot, positioning itself through its unique value proposition of guaranteed authenticity and ultra fast delivery.
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