Ankur Capital & Titan Capital-Backed ProjectHero Launches HomeRun: 60-Minute Construction Material Delivery Service in Bengaluru

ProjectHero, a construction tech startup that previously raised $3.6 million from Ankur Capital, Omidyar Network, and Titan Capital, has launched HomeRun, a quick commerce platform designed to deliver construction materials within 60 minutes. The service caters to contractors, professionals, and homeowners, offering a wide range of products, with around 800 SKUs available across 76 pin codes in Bengaluru.

HomeRun aims to address significant challenges faced by customers who traditionally rely on local retailers and vendors for construction materials like cement, hardware, and plywood. These traditional methods often lead to time-consuming and logistically complex transactions, with limited visibility on pricing, availability, and tracking of orders. The process becomes even more challenging for customers who require small quantities of materials, as many vendors cannot fulfill such orders.

In contrast, HomeRun eliminates these issues by offering no-minimum-order deliveries, allowing customers to order as little as one or two bags of cement without incurring excessive transportation costs. This on-demand service ensures that contractors and homeowners have quick access to necessary materials, even for unexpected or short-notice requirements.

Satya Vyas, the Founder of HomeRun, emphasized the company’s mission, stating, “Quick commerce has disrupted everything from groceries to gadgets. Now, we're bringing that same game-changing speed & customer experience to construction. HomeRun isn't just a platform; it’s how we are solving the massive inefficiencies in material procurement for contractors and homeowners.” This highlights the startup’s vision of streamlining construction material procurement, ultimately improving project timelines and reducing logistical delays that are common in the industry.

Currently, HomeRun operates two live dark stores in Bengaluru, with plans to expand by opening three additional stores in the next two months. This rapid expansion reflects the growing demand for instant delivery services in the construction sector. HomeRun’s model of offering fast, no-minimum-order deliveries is helping reshape how construction materials are sourced, providing significant advantages in terms of speed and convenience.

Krishnan Neelakantan, Partner at Ankur Capital, expressed his support for HomeRun’s model, noting, “ProjectHero’s entry into quick commerce via HomeRun addresses a critical gap in the construction market - a sector where delays can have significant cost implications. Satya and his team are leveraging their extensive domain experience and strong insights around buyer behavior in the segment and have seen strong initial traction at HomeRun.” 

The demand for instant delivery services in India is growing rapidly, and HomeRun is poised to capitalize on this trend. The market for quick commerce is projected to reach $5.5 billion by 2025 and $1.45 trillion by 2032. With its efficient, no-minimum-order rapid delivery service, HomeRun is well-positioned to transform the construction industry in Bengaluru and potentially expand to other regions in the future.