AllHome Secures Rs 200 Crore Funding at Rs 2000 Crore Valuation

Mumbai-based home improvement startup AllHome has secured Rs 200 crore in a fresh funding round spearheaded by existing investor Bessemer Venture Partners. The capital injection positions the firm to accelerate its technological capabilities and scale its manufacturing infrastructure across the domestic market.

The capitalization round, which comprised a combination of equity and debt instruments, valued the enterprise at Rs 2,000 crore. This figure represents a two-fold increase from the valuation achieved during its initial seed round in June 2025. Stride Ventures provided the debt component, complemented by capital from various family offices.

AllHome operates specifically within the architectural and interior design products sector. The corporation forms strategic alliances with specialized home improvement brands, injecting capital while delivering robust technology frameworks, internet-driven manufacturing systems, distribution networks, and deep market insights.

The business was established in 2025 by PharmEasy co-founders Dharmil Sheth, Dhaval Shah, and Hardik Dedhia. Siddharth Shah, the former chief executive officer and co-founder of PharmEasy, is also integrated into the venture as a co-founder.

The building materials sector remains highly unorganized, prompting the team to construct a full-stack consumer enterprise powered by advanced manufacturing technology rather than a basic marketplace, according to a corporate statement by Dharmil Sheth.

The newly acquired capital is designated to optimize the proprietary technology architecture, scale physical experience centers, and establish advanced, state-of-the-art production facilities, Sheth added.

AllHome concluded FY26, marking its first full financial year of commercial operations, with total revenue reaching approximately Rs 180 crore. The startup currently demonstrates an annualized revenue run rate of close to Rs 400 crore and maintains operational profitability, boasting EBITDA margins between 18% and 20%.

The operational matrix of the startup spans four core sectors: surfaces, hardware and bath fittings, facades and windows, and architectural lighting. Corporate strategies outline an expansion into additional product categories over the upcoming quarters.

The company currently maintains partnerships with seven distinct brands: Colour Coats, House of W, Fiamarc, The Window Factory, Ledlum, Metalia, and Shapes.

Accelerated momentum in the Indian real estate industry alongside a structural shift toward premium residential, commercial, and hospitality spaces continues to generate significant demand for superior products, co-founder Dhaval Shah noted.

Modern consumers consistently demand elevated transparency regarding material components, visualization of final architectural configurations, and direct access to premium market options, Shah stated.

The founding team initiated the venture after exposing deep operational inefficiencies within the procurement lifecycle of interior products and building materials. Identified systemic issues included fragmented supplier networks, protracted delivery timelines, deficient design harmony, and poor post-sale consumer support.

India’s broader building materials ecosystem continues to be defined by informal and fractured networks. AllHome is expanding at three to four times the standard sector average while sustaining profitability, validating the institutional investment thesis, stated Anant Vidur Puri, partner at Bessemer Venture Partners.

Prior to establishing AllHome, founders Dharmil Sheth, Dhaval Shah, and Hardik Dedhia relinquished their day-to-day operational responsibilities at PharmEasy in January 2025.

Siddharth Shah subsequently stepped down from his operational post at PharmEasy’s parent entity, API Holdings, in August 2025. He maintains a non-operational presence on the board of API Holdings, serving as executive director and vice chairman.

Future Outlook

AllHome aims to formalize the highly fragmented building materials market by onboarding more independent regional brands into its network. With its annualized revenue run rate projected to grow, the company plans to utilize its technological stack to venture into Tier-2 and Tier-3 cities, capitalizing on urban real estate premiumization trends across India.

FAQs

What is the current valuation of AllHome?

Following its latest Rs 200 crore funding round led by Bessemer Venture Partners, AllHome has achieved a valuation of Rs 2,000 crore, doubling its previous seed round valuation.

Who are the founders of AllHome?

AllHome was launched by PharmEasy co-founders Dharmil Sheth, Dhaval Shah, and Hardik Dedhia, with former PharmEasy CEO Siddharth Shah also joining as a co-founder.

Which product categories does AllHome operate in?

The startup currently provides architectural and interior design products across four primary categories: surfaces, hardware and bath fittings, facades and windows, and lighting.

Is AllHome a profitable startup?

Yes, AllHome is EBITDA profitable, registering operational EBITDA margins between 18% and 20% while tracking an annualized revenue run rate of Rs 400 crore.