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Quick commerce platform HomeRun raises $12 million in a Series A+ round led by Nexus Venture Partners to expand geographies and invest in supply chain and technology.

PRIVATEAug 06, 20263 days ago

Amount Raised

$12 Million

Round Type

Series A

BengaluruConstruction

Investors

Consumer Collective By AtriumSparrow CapitalTitan CapitalSorin InvestmentsNexus Venture Partners

Description

HomeRun has secured $12 million in a Series A+ funding round. The investment will be used to expand its operations and enhance its supply chain and technology. Founded by Pukhraj Grewal, HomeRun aims to deliver construction materials rapidly and reliably. This round follows a $6.6 million raise earlier this year.

Company Information

Company

HomeRun

Location

Bengaluru, Karnataka, India

About

HomeRun is an on-demand platform for construction and interior materials, delivering products to homeowners, contractors, and architects within 60 minutes. It operates through a network of strategically located dark stores supported by an all-electric delivery fleet. The company aims to establish itself as the modern retail infrastructure for building materials in India.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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