NovoJuris Legal advises HomeRun on $12 million Series A+ fundraise

PE / VC Aug 2026· $12 million · Completed· ✓ Verified

HomeRun, founded in 2024 by Pukhraj Grewal, operates a dark-store-based delivery network for branded construction and interior materials (cement, plywood, electricals, hardware, paints, adhesives, plumbing supplies), targeting contractors and homeowners. The Series A+ follows a $6.6 million Series A (February 2026, led by Sorin) and a ₹9 crore seed (November 2025), bringing total disclosed capital to $19.6 million. The company has completed over 100,000 orders in Bengaluru, claims 8X year-over-year growth, and aims to expand to Hyderabad and Pune by year-end.

Why it mattersRapid follow-on structure (Series A+ within 6 months of Series A) reflects investor confidence in unit economics driven by high average order value (~₹7,000) in construction logistics-a model-shifting signal that quick-commerce arbitrage extends beyond low-margin grocery to high-margin B2B2C, where speed fixes procurement delays, not customer convenience.
CounselNovoJuris Legal
SectorTechnology
Value$12 million
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