HomeRun raises ₹60 crore Series A funding led by Sorin Investments

Bengaluru-based quick commerce platform HomeRun has raised ₹60 crore in a Series A round led by Sorin Investments.

Sorin invested ₹40 crore in the round. The remaining capital came largely from Titan Capital Winners Fund, led by Kunal Bahl and Rohit Bansal. Sparrow Capital, Consumer Collective by Atrium and Helios Holdings also participated.

HomeRun said the funds will be used to expand product categories and scale its dark-store network. The company will also invest in direct sourcing, supply chain operations and technology. It plans to expand into more cities and deepen engagement with contractors, designers and residential communities.

The platform serves homeowners and contractors. It aims to address supply gaps, pricing issues and material shortages that affect construction timelines.

Pukhraj Grewal, Founder and Chief Executive Officer of HomeRun, said procurement uncertainty can inflate costs and delay projects. “At HomeRun, we are building infrastructure that brings reliability, transparency and speed to a category that urgently needs it,” Grewal said. He said the company has refined its operating model in Bengaluru and plans to expand to new cities. “This capital will help us strengthen our network, deepen supply capabilities and take the model to new cities,” he added.

Subeer Monga, Partner at Sorin Investments, said the retail market for building materials in India remains fragmented. “HomeRun is addressing a mission-critical gap by bringing speed, trust and predictability to procurement,” Monga said.

“The results in Bengaluru give us confidence that this model can be replicated in other dense or growing urban markets,” he said, adding that the company’s investment is based on the product-market fit observed in Bengaluru.

Shiv Kapoor, Vice President at Titan Capital Winners Fund, said the firm has backed HomeRun since its early stage. “The construction industry supply chain is ripe for change and we are confident that Pukhraj and the team can create value for all participants,” Kapoor said.

HomeRun operates a quick-commerce platform for construction and home-improvement materials. The company was launched in 2024. It delivers cement, plywood, electrical, plumbing, hardware, adhesives and finishing products within 60 to 90 minutes. The service runs through a hyperlocal retail network.

India’s building materials market is estimated at about $90 billion. The company estimates it will reach nearly $150 billion by 2028.

(with inputs from BL intern Tejaswini S)

Published on February 17, 2026