Mumbai-based house enchancment startup AllHome has raised Rs 200 crore in a contemporary funding spherical led by present investor Bessemer Venture Partners.

The spherical, which included a mixture of fairness and debt, valued the startup at Rs 2,000 crore, twice its valuation after a seed spherical in June 2025. The debt element was raised from Stride Ventures, whereas household workplaces additionally participated within the funding.

AllHome operates within the architectural and inside design merchandise phase. The startup companions with specialist house enchancment manufacturers by investing in them and supporting them with expertise, internet-led manufacturing, distribution and market insights.

The enterprise was launched in 2025 by PharmEasy co-founders Dharmil Sheth, Dhaval Shah and Hardik Dedhia. Siddharth Shah, PharmEasy’s co-founder and former CEO, has additionally been related to AllHome as a co-founder.

“The constructing supplies house is deeply unorganised, and we’re constructing not only a market however a full-stack shopper firm… by deep manufacturing expertise,” Dharmil Sheth mentioned in a press release.

“The capital shall be used to strengthen our proprietary expertise stack, develop expertise centres and construct state-of-the-art manufacturing services,” he added.

AllHome mentioned it closed FY26, its first full yr of operations, with income of about Rs 180 crore. It mentioned it’s presently monitoring an annualised income run price of about Rs 400 crore and is EBITDA worthwhile, with EBITDA margins of 18% to twenty%.

The startup operates throughout 4 classes: surfaces, {hardware} and tub fittings, facades and home windows, and lighting. It plans to develop into extra classes over the subsequent few quarters.

Its seven associate manufacturers are Color Coats, Home of W, Fiamarc, The Window Manufacturing facility, Ledlum, Metalia and Shapes.

“India’s booming actual property sector and the premiumisation of residential, hospitality and business areas are driving demand for higher merchandise,” Dhaval Shah mentioned.

“Customers at the moment need larger transparency about what goes into their areas, how the ultimate consequence will look and entry to the very best obtainable choices,” he mentioned.

The founders entered the phase after figuring out inefficiencies within the procurement course of for constructing supplies and inside merchandise. These included fragmented vendor networks, lengthy turnaround occasions, restricted design cohesion and insufficient after-sales help.

“India’s constructing supplies market stays predominantly casual and fragmented. The corporate is already worthwhile and rising at practically three to 4 occasions the sector common, underscoring our conviction within the workforce and AllHome’s trajectory,” mentioned Anant Vidur Puri, associate at Bessemer Enterprise Companions.

Dharmil Sheth, Dhaval Shah and Hardik Dedhia stepped away from operational roles at PharmEasy in January 2025 earlier than launching AllHome.

Siddharth Shah stepped down from his operational function at PharmEasy mother or father API Holdings in August 2025. He stays on API Holdings’ board as government director and vice chairman.