PharmEasy Co-Founders’ AllHome Raises ₹200 Crore at ₹2,000 Crore Valuation

AllHome, founded by PharmEasy co-founders, raises ₹200 crore in a Series B round led by Bessemer Venture Partners at a ₹2,000 crore valuation.

by Adarsh Singh

India’s home improvement sector is attracting significant investor attention, and the latest startup to benefit from this trend is AllHome. Founded by PharmEasy co-founders Dharmil Sheth, Dhaval Shah, and Hardik Dedhia, the startup has raised ₹200 crore (over $21 million) in a Series B funding round led by Bessemer Venture Partners. The investment values the company at ₹2,000 crore (approximately $210 million), reflecting strong confidence in its business model and rapid growth.

The funding round also saw participation from Strides and several prominent family offices. The fresh capital comes just a year after the company’s launch, marking one of the fastest valuation jumps among Indian startups in the home improvement segment.

What Is AllHome and Why Is It Gaining Investor Interest?

Founded in June 2025, AllHome is a technology-driven home improvement startup that operates a house of brands platform for architectural and interior design products. The company aims to simplify sourcing for homeowners, architects, interior designers, builders, and contractors by offering a wide range of products under one platform.

Currently, AllHome operates across four major product categories, including surfaces, hardware and bath fittings, facades and windows, and lighting. The startup plans to expand its portfolio by introducing more home improvement categories in the coming months.

Unlike traditional distributors, AllHome combines technology, branded products, and offline experience centres to create a seamless buying experience. This integrated approach has helped the company scale rapidly within a short period.

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Who Participated in AllHome’s Latest Funding Round?

The ₹200 crore Series B round was led by Bessemer Venture Partners, one of the world’s leading venture capital firms known for backing high-growth technology companies.

Apart from Bessemer, the funding round included participation from Strides and multiple family offices, demonstrating broad investor confidence in the startup’s long-term growth potential.

The latest investment significantly increases AllHome’s valuation to ₹2,000 crore, nearly doubling its earlier valuation achieved during its initial funding round.

How Has AllHome Grown Since Its Launch?

AllHome has expanded at an impressive pace since its launch in June last year. Within just 12 months, the company claims to have achieved an annual revenue run rate (ARR) exceeding ₹400 crore.

More importantly, the startup says it has already become EBITDA profitable, reporting operating margins between 18% and 20%. Achieving profitability at such an early stage is relatively uncommon in India’s startup ecosystem, where many high-growth companies prioritize expansion over profits.

This combination of rapid revenue growth and healthy margins appears to have strengthened investor confidence and contributed to the company’s latest valuation.

How Will AllHome Use the Fresh Capital?

According to the company, the newly raised funds will primarily be used to accelerate expansion across multiple areas of the business.

A significant portion of the capital will go towards expanding AllHome’s network of experience centres, allowing customers to physically explore products before making purchasing decisions. The startup also plans to invest heavily in strengthening its technology platform, improving customer experience, and expanding its portfolio of home improvement brands.

By increasing both its online capabilities and offline presence, AllHome aims to build an omnichannel ecosystem that serves customers across India’s rapidly growing housing and renovation market.

Who Backed AllHome Before This Funding Round?

At the time of its launch, AllHome had already attracted strong backing from several well-known angel investors. The startup raised an undisclosed funding round at a valuation of $120 million.

Its early investors included Siddharth Shah of PharmEasy, Niket Shah and Shalibhadra Shah of Motilal Oswal, Kabir Narang of B Capital, Ankur Gulati of Warburg Pincus, along with several other investors.

According to industry sources, Siddharth Shah has now also joined AllHome as a co-founder, further strengthening the company’s leadership team.

Why Is India’s Home Improvement Market Becoming Attractive for Startups?

India’s home improvement industry has witnessed strong growth in recent years, driven by increasing urbanisation, rising disposable incomes, premium housing demand, and higher spending on home renovation projects.

Consumers are increasingly seeking organized and branded products instead of fragmented local suppliers. This shift has created opportunities for technology enabled platforms like AllHome that can offer multiple product categories, transparent pricing, and better customer experiences.

The company’s business model also benefits from the growing demand among architects, interior designers, and builders for reliable sourcing partners capable of delivering quality products across various construction and renovation needs.

What Does This Funding Mean for AllHome’s Future?

The successful Series B funding round positions AllHome among India’s fastest growing startups in the home improvement space. Raising ₹200 crore within a year of launch while reaching profitability highlights the company’s ability to scale efficiently in a highly competitive market.

With fresh capital, a rapidly expanding product portfolio, and plans to strengthen both its technology platform and offline experience centres, AllHome is well-positioned to deepen its presence across India’s home improvement ecosystem. If the company continues its current growth trajectory, it could emerge as one of the country’s leading organized players in the architectural and interior products market.

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