HomeRun raises $12M to expand construction-material quick commerce

Bengaluru-based HomeRun has raised a $12 million Series A+ led by Nexus Venture Partners. The startup plans to enter new markets and strengthen its supply chain, technology and assortment after fulfilling more than 100,000 orders and reporting 8x year-on-year growth.

— Source publishedThu, 6 Aug, 2026, 10:37 IST·First seen Thu, 6 Aug, 2026, 10:39 IST·Source Entrackr · Newsletter

What happened

Bengaluru construction-materials quick-commerce startup HomeRun raised $12 million in a Nexus-led Series A+ round. It will expand markets and strengthen supply

Key facts

  • $12 million Series A+ round
  • $6.6 million earlier funding round
  • more than 100,000 orders fulfilled
  • 8X growth over the past year
  • 60-minute delivery
  • $5.5 million Fixxly seed round
  • $700 million Nexus Venture Partners eighth fund

Why this matters

HomeRun’s funding-backed market expansion could make it a strategic partner or competitive threat for building-material distributors and last-mile delivery players.

What to watch

  • Number and pace of city launches, particularly whether expansion is asset-light or warehouse-led.
  • Repeat-order rates and contractor/customer cohort retention after entering new markets.
  • Inventory fill rate, delivery-time consistency and stockout trends across core categories.
  • Gross-margin trajectory and working-capital intensity as assortment expands.
  • Supplier exclusivity, improved procurement terms or manufacturer-led partnerships.
  • Competitive quick-delivery launches, price cuts or credit programs from local dealers and larger commerce platforms.
  • Launch in adjacent Tier 1 and high-construction Tier 2 markets with dense contractor demand.
  • Expand high-frequency, urgent-need categories such as cement, steel accessories, electricals, plumbing and finishing materials.
  • Build deeper manufacturer and distributor partnerships to secure inventory, trade terms and exclusive SKUs.
  • Invest in demand forecasting, routing, warehouse operations and real-time inventory visibility.
  • Introduce contractor-focused retention tools, including repeat-order lists, project carts, invoicing and selective trade-credit partnerships.

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