HomeRun, a Bengaluru-based construction tech startup, has secured ₹60 crore in a Series A funding round. The investment was led by Sanjay Nayar's Sorin Investments, which contributed ₹40 crore.
Launched in 2024 by Pukhraj Grewal, HomeRun is attempting something audacious: bringing the "Quick Commerce" model to the heavy-lifting world of construction. The startup delivers paints, cement, hardware, and electricals within 60-90 minutes via a network of tech-enabled dark stores.
FounderStory Intelligence
Solving the "Last Mile" in Construction
The building materials market in India is valued at $90 billion but remains highly fragmented. Contractors and homeowners often face delays, opaque pricing, and logistical nightmares when sourcing basic materials like cement or putty.
HomeRun solves this with a "Phygital" model. By maintaining hyperlocal dark stores, they ensure that materials reach the construction site in under 90 minutes—a game-changer for project timelines where delays cost money.
Expansion Plans
The fresh capital will be deployed to expand product categories, strengthen the supply chain, and scale dark-store infrastructure. Currently operational in Bengaluru, HomeRun plans to enter new cities, tapping into the massive infrastructure boom across India's metros.
"With India’s building materials market valued at $90 billion... HomeRun aims to bring speed, transparency and reliability to a largely fragmented sector."
FounderStory Takeaway
HomeRun's funding proves that the "Quick Commerce" model isn't just for chips and chocolates. By applying hyperlocal logistics to a high-value, high-friction sector like construction, they are unlocking massive efficiency. If they can manage the unit economics of heavy logistics, this could be the next Infra-Tech unicorn.