Mumbai-based home improvement startup AllHome has raised ₹200 crore (about $21 million) in its Series B round led by Bessemer Venture Partners, according to inc42.com. The round also included participation from Stride Ventures and multiple family offices. This funding round has boosted AllHome’s valuation to ₹2,000 crore (approximately $210 million).
Founded in 2024 by PharmEasy cofounders Dharmil Sheth, Dhaval Shah, Siddharth Shah, and Hardik Dedhia, AllHome operates as a marketplace for architectural and interior design products, spanning surfaces, hardware and bath fittings, facades and windows, and lighting. The Series B round was a mix of equity and debt funding, the company confirmed. The startup plans to use the capital to expand its physical experience centres and invest in manufacturing and proprietary technology.
AllHome aims to organise the fragmented home improvement products market by leveraging technology and operating as a “house of brands.” Within 12 months of operations, the startup reached an annual revenue run rate exceeding ₹400 crore and achieved EBITDA profitability with operating margins between 18-20%. Its previous seed round valued the company at $120 million and included investors such as Motilal Oswal executives and B Capital’s founding general partner Kabir Narang.
The fresh capital injection will support AllHome’s expansion into new product categories and scaling of its network of experience centres. The startup’s rapid growth and profitability milestones highlight its potential in the home improvement sector, according to inc42.com.