Pharmeasy founders' new venture All Home raises Rs 200 crore
Mumbai-based All Home, founded by Pharmeasy founders Dharmil Sheth, Dhaval Shah, Hardik Dedhia and Siddharth Shah, has raised Rs 200 crore in a fresh funding round led by existing backer Bessemer Venture Partners. The round, comprising a mix of equity and debt, values the startup at Rs 2,000 crore, double the valuation after its seed round in June 2025. The debt component was raised from Stride Ventures.
"The building materials space is deeply unorganised, and we're building not just a marketplace but a full-stack consumer company … through deep manufacturing technology. The capital will be used to strengthen our proprietary technology stack, expand experience centres and build state-of-the-art manufacturing facilities," Sheth said in a statement.
The company said it closed fiscal year 2026, its first full year of operations, with around Rs 180 crore in revenue and is currently tracking an annualised revenue run rate of Rs 400 crore. In June 2025, it had raised $20 million, or around Rs 180 crore, at the prevailing exchange rate.
"India's booming real estate sector and the premiumisation of residential, hospitality and commercial spaces are driving demand for better products," said Dhaval Shah. “Consumers today want greater transparency about what goes into their spaces, how the final outcome will look, and access to the best available options.”
"The building materials space is deeply unorganised, and we're building not just a marketplace but a full-stack consumer company … through deep manufacturing technology. The capital will be used to strengthen our proprietary technology stack, expand experience centres and build state-of-the-art manufacturing facilities," Sheth said in a statement.
The company said it closed fiscal year 2026, its first full year of operations, with around Rs 180 crore in revenue and is currently tracking an annualised revenue run rate of Rs 400 crore. In June 2025, it had raised $20 million, or around Rs 180 crore, at the prevailing exchange rate.
"India's booming real estate sector and the premiumisation of residential, hospitality and commercial spaces are driving demand for better products," said Dhaval Shah. “Consumers today want greater transparency about what goes into their spaces, how the final outcome will look, and access to the best available options.”
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