HomeRun, a startup in Bengaluru, is in talks to get around ₹100 crore (about $11 million) in a new funding round. Word is that Nexus Venture Partners will probably lead the investment, and some current investors, such as Sorin Investments, might also pitch in.
The startup’s value after this money could be between ₹450 crore and ₹500 crore. But the final amount and value are still being worked out and could change. If it happens, this round would be another big step for India’s growing D2C scene, where investors are backing startups that are bringing fast delivery to new areas.
This news comes after HomeRun got $6.6 million in funding led by Sorin Investments. Other investors like Titan Capital Winners Fund also participated. The ongoing interest from investors shows they believe in the startup’s business and the rising trend of D2C brands in India.
Pukhraj Grewal started HomeRun in 2024. It’s a platform that delivers construction and home improvement stuff in about an hour or so. They offer things like cement, tiles, paints, wires, and plywood, targeting contractors and homeowners who need these things quickly for their projects.
HomeRun is part of a new group of startups that are expanding fast delivery beyond just groceries and food. The platform connects people with nearby warehouses that have common construction materials, so they can get quick delivery in cities.
Right now, HomeRun mainly operates in Bengaluru, where they’ve set up their logistics and partnerships. With the new funding, they want to start in more cities by opening more warehouses, making their logistics better, and speeding up deliveries. After getting a good hold in Bengaluru, HomeRun plans to move into Hyderabad and Pune, showing their expansion plans in India’s construction supply market.
HomeRun’s rise also shows how quick delivery platforms are moving into specific areas other than groceries. What started with grocery delivery platforms like Swiggy Instamart and Blinkit is now expanding to things like home services, childcare, beauty, and construction materials.
For investors watching the D2C industry, this change means that the infrastructure built for fast delivery is creating new opportunities for consumers and businesses. By focusing on construction materials—an industry that usually has slower supply chains—HomeRun is trying to grab demand from contractors and homeowners who need urgent supplies.
People in the industry also point out that HomeRun’s logistics model shows growing innovation in D2C supply chains, where startups are using info, warehouse networks, and tech to change how things are delivered.
For founder Pukhraj Grewal, HomeRun is his second business. He first launched Project Hero, a labor platform, in 2021. Although Project Hero got funding from investors like Ankur Capital, it closed down in 2024. Grewal is using that experience to build HomeRun, a scalable logistics startup in India’s construction market.
For those following the latest D2C news in India, HomeRun’s upcoming funding round shows how India’s startup scene is still changing, with startups trying out new delivery models and new markets.
