HomeRun, a platform specializing in construction and interior materials, has successfully raised ₹60 crore in its Series A funding round. The investment was led by Sorin Investments, contributing ₹40 crore. Other key investors included Titan Capital Winners Fund, Sparrow Capital, Consumer Collective by Atrium, and Helios Holdings.
This funding round follows a previous seed funding round where HomeRun secured ₹9 crore with co-leads Titan Capital and Sparrow Capital. The newly acquired capital will be used to diversify product offerings, enhance sourcing and supply-chain capabilities, expand dark-store infrastructure, improve fulfillment technology, and facilitate entry into new markets.
Established in 2024 by Pukhraj Grewal, HomeRun functions as a rapid commerce platform specializing in construction and home-improvement materials. It provides swift deliveries of various products like cement, plywood, electricals, plumbing supplies, hardware, adhesives, and finishing materials within 60–90 minutes via a hyperlocal dark-store network.
HomeRun caters to both homeowners and contractors, aiming to address supply chain disruptions, pricing uncertainties, and procurement delays. Its key competitors include traditional retailers, IBO, and Material Depot.
Source: Entrackr : Latest Posts