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HomeRun, a Bengaluru-based quick commerce platform for construction and home-improvement materials, has raised Rs 60 crore in a Series A funding round led by Sorin Investments.
Sorin, an early-stage Indian venture capital firm co-founded by former KKR India CEO Sanjay Nayar and Caravel Group CEO Angad Banga, has invested Rs 40 crore in the round.
The remaining investment came from from Titan Capital Winners Fund, with further participation from Sparrow Capital, Consumer Collective by Atrium and Helios Holdings.
Launched in 2024, the HomeRun app delivers branded construction and renovation materials, including cement, plywood, electrical, plumbing, hardware, adhesives and finishing products, within 60-90 minutes through its hyperlocal, tech-enabled retail network.
The startup serves homeowners and contractors, addressing long-standing pain points around unreliable supply, opaque pricing, last-minute shortages and labour downtime that disrupt construction and renovation projects.
It will use the raised capital to expand product categories, scale hyperlocal dark-store infrastructure, strengthen direct sourcing and supply-chain capabilities, and invest in technology to improve fulfilment reliability and unit economics.
HomeRun also plans to deepen engagement with contractors, designers and residential communities as it expands into additional cities.
“Having spent over a decade in tech-enabled operations and home-improvement services, I’ve seen how procurement uncertainty can derail timelines and inflate costs. At HomeRun, we are building infrastructure that brings reliability, transparency and speed to a category that urgently needs it. Building in Bengaluru has helped us refine a playbook we are now ready to scale. This capital will help us strengthen our network, deepen supply capabilities, and take the model to new cities,” said Pukhraj Grewal, Founder & CEO of HomeRun.
Subeer Monga, Partner at Sorin Investments, said, “The retail market for building materials in India remains highly fragmented, opaque and unreliable, despite its size. HomeRun is addressing a mission-critical gap by bringing speed, trust and predictability to procurement, particularly for homeowners and small contractors where delays directly translate into higher costs.”
“Our conviction comes from the strong product-market fit we’ve seen on the ground, with customers relying on HomeRun to keep projects on schedule. Pukhraj combines deep ecosystem understanding with an operating model built for disciplined scale. The results in Bengaluru give us confidence this playbook can travel to other dense urban or urbanizing markets,” Monga added.
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