AllHome, founded by the team behind PharmEasy, has raised ₹200 crore in a Series B funding round led by Bessemer Venture Partners and Strides at a valuation of ₹2,000 crore.

AllHome, the technology-led building materials and interior products startup founded by the team behind PharmEasy, has raised ₹200 crore in a Series B funding round led by Bessemer Venture Partners (BVP) and Strides at a valuation of ₹2,000 crore.

The round also saw participation from leading family offices and comes less than two years after the company was founded in 2024 by PharmEasy co-founders Dhaval Shah, Dharmil Sheth, Hardik Dedhia and Siddharth Shah.

Funds to boost technology platform, experience centres and manufacturing

The fresh capital will be deployed to strengthen AllHome’s proprietary technology platform, expand its network of experience centres and invest in manufacturing facilities as it looks to organise India’s fragmented architectural and interior products market.

The startup currently operates across four product categories—surfaces, hardware and bath fittings, facades and windows, and lighting—and plans to add more categories over the coming quarters.

Building a full-stack platform for India’s interior products market

“The building materials space is deeply unorganised, and we’re building not just a marketplace, but a full-stack consumer company with world-class products and brands that bring quality, availability and design excellence,” cofounder Dharmil Sheth said. He added that the company aims to digitise product discovery while connecting consumers, architects, designers, contractors and distributors on a common technology platform.

AllHome is targeting a market valued at more than $50 billion, where purchasing remains largely fragmented and offline despite rapid growth in India’s real estate and construction sectors.

Investors back technology-led transformation

Bessemer Venture Partners said the company’s combination of technology, manufacturing and brand-building differentiated it in an otherwise informal industry.

“India’s building materials market remains predominantly informal and fragmented. AllHome’s founder-led, tech-first, brand-centric approach is exactly what the sector needs to unlock its potential,” said Anant Puri, partner at Bessemer Venture Partners.

AllHome targets ₹1,000 crore revenue milestone

The company said it has crossed an annualised revenue run rate of over ₹400 crore within 12 months of operations while maintaining an EBITDA margin of 18-20%. It is targeting more than ₹1,000 crore in revenue over the next four to six quarters.

“Consumers today want transparency, design choice and certainty over what goes into their spaces,” said cofounder Dhaval Shah. “Our technology stack helps deliver curated, designed and manufactured products that simplify this journey while serving residential, commercial and hospitality projects.”

The funding marks one of the larger growth-stage investments in India’s proptech and construction materials ecosystem this year as investors increasingly back technology-led platforms digitising traditional industries.

Published on June 26, 2026