AllHome, a home improvement company started by the team behind health startup PharmEasy, has raised Rs 200 crore in its Series B funding round. The main investor was Bessemer Venture Partners, along with Strides and some Indian family offices. With this new money, the one-year-old startup is now valued at Rs 2,000 crore.
This news comes at a time when big investors are showing interest in the unorganized home improvement market, which earlier worked mostly through small local dealers.
AllHome, started in June last year by Dharmil Sheth, Dhaval Shah, and Hardik Dedhia, runs a “house-of-brands” model with products like hardware, bathroom fittings, building facades, windows, surfaces, and lighting. In August last year, the team grew bigger when PharmEasy co-founder Siddharth Shah also joined as a co-founder.
Business Expansion
According to regulatory filings and internal sources, the newly acquired capital is earmarked for infrastructure expansion and backend development. The company plans to deploy the funds to scale its network of physical experience centres across tier-1 and tier-2 cities, invest in its proprietary technology infrastructure, and acquire or build newer home improvement brands to widen its existing product catalog.
The company currently distribution channels across four primary business segments: surfaces, hardware and bath fittings, facades and windows, and lighting. By controlling the supply chain from manufacturing to retail experience centres, the platform aims to address quality inconsistency and price opacity, which remain the primary friction points for individual homebuilders and commercial architects in India.
Prior to this institutional round, the company secured an undisclosed seed round at a valuation of $120 million. That early capitalization drew backing from marquee angel investors, including Siddharth Shah, Niket Shah and Shalibhadra Shah of Motilal Oswal, Kabir Narang of B Capital, and Ankur Gulati of Warburg Pincus, among other private market executives.
Financial Traction
Internal operational metrics reveal that the venture has established significant market traction within twelve months of commercial launch. The startup has recorded an annual revenue run rate of over Rs 400 crore. Unlike many early-stage consumer internet plays that burn capital to acquire market share, the enterprise reports operating profitability at the EBITDA level, maintaining margins between 18% and 20%.
"The building materials and home improvement ecosystem in India remains highly fragmented, creating significant supply chain inefficiencies for consumers and professionals alike. The capital raised in this round will be used to build deep technological capabilities and scale physical experience hubs that bring predictability, quality, and design excellence to the end-user," the founding team said in a joint statement regarding the funding round.
Private equity analysts view this funding as a indicator of shifting investor interest toward B2B2C platforms that possess clear visibility on unit economics. The home construction and interior fit-out industry in India is estimated to be worth over $30 billion, yet less than 15% of the market operates under organized corporate structures, leaving substantial headroom for digital-first aggregation platforms.
About Company
AllHome is an omni-channel home improvement enterprise that functions as a curated house of brands for architectural, construction, and interior design materials. Headquartered in Bengaluru, the platform services architects, interior designers, contractors, and individual homeowners by aggregating demand and streamlining logistics for high-value building fixtures.
The company manages product lines ranging from heavy structural facades and energy-efficient windows to premium internal lighting and bath fittings, operating a unified digital catalog backed by physical experiential fulfillment hubs.
