Construction materials quick commerce startup HomeRun has raised $12 million in a Series A+ funding round led by Nexus Venture Partners, with participation from existing investors Sorin Investments, Titan Capital, Sparrow Capital and Consumer Collective by Atrium. The round arrives just months after the company raised $6.6 million earlier in 2026, bringing its total disclosed funding to roughly $19.6 million across three tranches since launching in 2024.
HomeRun delivers construction and interior materials — from cement and tiles to fixtures and finishes — to contractors and homeowners within 60 minutes, aiming to formalise a building supply chain that has historically run on informal dealer networks, cash transactions and opaque pricing. India's construction materials retail market was valued at roughly $29.4 billion in 2025 and is forecast to reach $61 billion by 2035, according to industry estimates, making it one of the largest underdigitised categories in the country's retail economy.
Founded by Pukhraj Grewal, who previously co-founded interior contracting startup Tornado and construction labour hiring platform Project Hero, HomeRun says it has become Bengaluru's largest retailer across its leading product categories and has recorded eightfold growth over the past 12 months. The company has delivered more than 100,000 orders to date, with Bengaluru remaining its largest market even as it prepares to expand into new cities.
The fresh capital will be deployed to expand into new geographies while strengthening HomeRun's supply chain, technology infrastructure and product category breadth. Grewal said building material procurement in India had remained fragmented and inefficient for far too long, and that the company was focused on making the buying process as reliable, transparent and fast as any modern e-commerce experience. Anand Datta, Partner at Nexus Venture Partners, said the firm's quick commerce thesis centres on formalising supply chains while preserving the proximity advantage of small-format local merchants — a category, he noted, that building materials and local hardware retail had largely skipped in India's broader digitisation wave.
The investment also marks a notable vote of confidence from Nexus, which recently closed its eighth fund at $700 million to back companies across artificial intelligence, enterprise software, consumer technology and fintech in India and the US. HomeRun is not alone in targeting this opportunity: Bengaluru-based rival Fixxly, founded by former DesignCafe and Zepto supply-chain veterans, raised $5.5 million in a seed round from Accel, Fireside Ventures and Lightspeed India Partners in the same week and is preparing its own Bengaluru launch — suggesting a broader institutional bet is now underway on digitising one of India's last major analogue retail categories.
