HomeRun, a Bengaluru-based a fast commerce platform for building and inside supplies, has raised $12 million in a Sequence A+ funding spherical led by Nexus Enterprise Companions with participation from current traders Sorin Investments, Titan Capital, Sparrow Capital and Client Collective by Atrium.

The startup, which raised $6 million earlier this yr, stated the capital will probably be used to increase geographies and to additional put money into provide chain, know-how and class enlargement initiatives.

Based by Pukhraj Grewal, HomeRun delivers building and inside supplies to contractors and householders at aggressive costs inside 60 minutes. The startup stated that this strategy addresses long-standing ache factors round unreliable provide, opaque pricing, last-minute shortages and labour downtime that disrupt new building, renovation and restore actions.

Pukhraj Grewal, Founder & CEO, stated, “Constructing materials procurement in India has remained fragmented and inefficient for much too lengthy. At HomeRun, we’re making it as dependable, clear and quick as any fashionable commerce expertise. The robust buyer response reinforces the size of this chance. With Nexus becoming a member of us, we’re excited to increase into new cities and construct the nation’s most trusted platform for constructing supplies.”

Anand Datta, Accomplice, Nexus Enterprise Companions, added, “Our fast commerce thesis facilities on formalizing provide chains whereas preserving the proximity benefit of small-format native retailers. Constructing supplies and native {hardware} is one such provide chain that has largely skipped digitization. In Pukhraj, we discovered a founder who deeply understands the small contractor’s ache factors, having lived that persona himself. The corporate is rising quickly with out providing credit score and with nice unit economics. We’re thrilled to companion with the workforce.”

“Sorin Investments invested in HomeRun six months in the past on the assumption that this class rewards operational depth over capital. HomeRun operates in a notoriously advanced provide chain, and the workforce has scaled the enterprise sharply since then with phenomenal execution. We expect one of the best chapters are nonetheless forward, and we’re proud to double down on Pukhraj and the workforce,” stated Subeer Monga, Accomplice, Sorin Investments.