Key Takeaways
- • HomeRun, a Bengaluru-based quick commerce startup specializing in construction materials, is in talks to raise ₹100 crore ($11 million) in a Series A+ funding round led by Nexus Venture Partners at a valuation of ₹450–₹500 crore.
- • The company operates a 60–90 minute delivery model for construction materials and plans geographic expansion from its Bengaluru base into tier-1 cities including Hyderabad and Pune.
- • This funding round builds on HomeRun's earlier Series A of ₹60 crore ($6.6 million) led by Sorin Investments, bringing total disclosed capital raised to approximately $17.6 million across multiple rounds.
- • Nexus Venture Partners' leadership of this round reflects institutional confidence in the quick commerce infrastructure play, particularly in the vertically specialized construction materials segment.
Summary
HomeRun, a construction materials quick commerce platform based in Bengaluru, is in advanced discussions to secure ₹100 crore ($11 million) in Series A+ funding, with Nexus Venture Partners leading the round. The funding would value the startup at ₹450–₹500 crore, according to multiple reports from industry sources. The capital injection represents an acceleration of growth for the company following its earlier Series A round of ₹60 crore ($6.6 million) led by Sorin Investments.
The startup operates in the emerging quick commerce vertical focused on construction materials, delivering products within 60–90 minutes—a logistics-intensive model designed to address fragmented supply chains in the construction sector. The company has established operations in Bengaluru and is preparing expansion into adjacent tier-1 metropolitan markets, specifically targeting Hyderabad and Pune. This geographic diversification strategy aligns with broader venture capital interest in vertically specialized quick commerce platforms in India, where infrastructure development and construction activity remain robust.
Nexus Venture Partners' participation as lead investor signals institutional backing for HomeRun's differentiated approach within the crowded quick commerce landscape, where most players focus on general merchandise or grocery. The involvement of existing investors in the current round demonstrates confidence in the company's unit economics and market opportunity, though specific details on follow-on participation have not been fully disclosed. As of mid-2026, HomeRun has raised approximately $17.6 million in aggregate funding, positioning the startup as a notable contender in India's evolving last-mile logistics ecosystem for specialized categories.
The startup operates in the emerging quick commerce vertical focused on construction materials, delivering products within 60–90 minutes—a logistics-intensive model designed to address fragmented supply chains in the construction sector. The company has established operations in Bengaluru and is preparing expansion into adjacent tier-1 metropolitan markets, specifically targeting Hyderabad and Pune. This geographic diversification strategy aligns with broader venture capital interest in vertically specialized quick commerce platforms in India, where infrastructure development and construction activity remain robust.
Nexus Venture Partners' participation as lead investor signals institutional backing for HomeRun's differentiated approach within the crowded quick commerce landscape, where most players focus on general merchandise or grocery. The involvement of existing investors in the current round demonstrates confidence in the company's unit economics and market opportunity, though specific details on follow-on participation have not been fully disclosed. As of mid-2026, HomeRun has raised approximately $17.6 million in aggregate funding, positioning the startup as a notable contender in India's evolving last-mile logistics ecosystem for specialized categories.
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