Home improvement startup AllHome has secured Rs 200 crore (over $21 million) in a Series B funding round led by Bessemer Venture Partners, taking the company's valuation to Rs 2,000 crore, the brand informs through social media.
Founded by PharmEasy co-founders Dharmil Sheth, Dr. Dhaval Shah, Hardik Dedhia and Siddharth Shah, AllHome plans to utilise the fresh capital to expand its network of experience centres, enhance its technology platform and broaden its portfolio of home improvement brands.
The company operates across multiple home improvement categories, including surfaces, hardware, bath fittings, facades, windows and lighting solutions, offering consumers and businesses an integrated range of products and services.
The latest funding comes as demand for organised home improvement solutions continues to grow in India, driven by rising residential construction, home renovation activity and increasing consumer preference for branded products. With the new investment, AllHome aims to strengthen its omnichannel presence and scale its operations to capture a larger share of the expanding home improvement market.
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