PharmEasy Cofounders’ Home Interiors Startup AllHome Raises ₹200 Cr
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Home improvement startup AllHome has raised ₹200 Cr (about $21 Mn) in its Series B round led by Bessemer Venture Partners.
The round, which also saw participation from Stride Ventures along with multiple family offices. The Series B round has catapulted the startup’s valuation to ₹2,000 Cr (about $210 Mn).
According to an ET report, the round was a mix of equity and debt funding.
The Mumbai-based startup plans to use the fresh capital to expand its network of physical experience centres and invest in its manufacturing facilities and proprietary tech stack.
Founded in 2024 by PharmEasy cofounders Dharmil Sheth, Dhaval Shah, Siddharth Shah, and Hardik Dedhia, AllHome is leveraging tech to organise the fragmented home improvement products space.
The startup operates as a “house of brands” marketplace for architectural and interior design products. Its current portfolio spans four main segments — surfaces, hardware and bath fittings, facades and windows, and lighting. It plans to expand into new categories in the future.
In June last year, AllHome raised a seed funding round at a valuation of $120 Mn with the backing of several angel investors, including Motilal Oswal executives Shalibhadra Shah and Niket Shah and B Capital’s founding general partner Kabir Narang.
Within 12 months of operations, AllHome claims to have reached an annual revenue run rate of over ₹400 Cr. The startup claims that it has achieved EBITDA profitability, recording operating margins between 18-20%. It aims to cross the ₹1,000 Cr revenue mark within the next four to six quarters.
“Consumers today are very demanding and want to know transparently what exactly is going into their space, how will it look eventually and also want options which are also always the best. That’s where AllHome with its technology stack plays the differentiator, with a set of well curated, designed, manufactured and delivered products that can go into any space,” Dhaval Shah said.
AllHome operates in India’s construction materials and interior products market, which is worth over $50 Bn and is seeing an increasing premiumisation trend.
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