HomeRun raises $12 million in Series A+ led by Nexus Venture Partners to expand construction material delivery; Pinegap secures $8 million from Stellaris for AI equity research
Deepak SharmaAnkit VarmaniPukhraj GrewalTitan CapitalConsumer Collective by AtriumSorin InvestmentsHomeRunSparrow CapitalSilicon Valley QuadNexus Venture PartnersStellaris Venture PartnersDeVCPinegap

HomeRun raises $12 million in Series A+ led by Nexus Venture Partners to expand construction material delivery; Pinegap secures $8 million from Stellaris for AI equity research

HomeRun has raised $12 million in a Series A+ funding round led by Nexus Venture Partners to expand its construction material delivery service, while Pinegap secured $8 million from Stellaris for its AI-driven equity research platform, reflecting strong investor confidence in both sectors.

ascendants.in ascendants.in+1 source6 August 2026 · 13:09 UTC
CuriousCats Full Story

HomeRun has successfully raised $12 million in a Series A+ funding round led by Nexus Venture Partners, following a previous $6.6 million funding earlier this year. The funds will be used to enhance its supply chain and expand into new markets.1

Founded to deliver construction materials within 60 minutes, HomeRun has fulfilled over 100,000 orders and achieved an eightfold growth in demand over the past year.

In parallel, Pinegap has secured $8 million from Stellaris Venture Partners to bolster its AI-powered equity research platform. This funding follows a $2.5 million seed round in 2024, indicating strong investor confidence in AI solutions for finance.24

Founded by Ankit Varmani and Deepak Sharma, Pinegap has deployed over 1,000 AI agents across more than 100 institutional customers, generating over 50,000 equity research reports to enhance research efficiency and decision-making.5

Both companies exemplify the growing trend of leveraging technology to meet market demands in their respective industries.

Key Insight
“Pinegap, founded in 2024 by Ankit Varmani and Deepak Sharma, has deployed over 1,000 AI agents across more than 100 institutional customers, generating over 50,000 equity research reports. The fresh capital follows its $2.5 million seed round in 2024, reflecting growing investor confidence in AI-driven enterprise solutions.”
CuriousCats studied:
1
ascendants.inascendants.in
“Bengaluru-based construction materials quick commerce startup has raised $12 million in a Series A+ funding round led by Nexus Venture Partners.”
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2
Indian Startup Times
“AI-driven equity research startup Pinegap has raised $8 million (approximately Rs 76 crore) in a Series A funding round led by Stellaris Venture Partners, with participation from existing investors Silicon Valley Quad and DeVC.”
Indian Startup Times →
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HomeRun raises $12M Series A+ led by Nexus Venture Partners; Bengaluru construction materials quick commerce startup to expand geographies, invest in supply chain
Indian Startup NewsIndian Startup News
HomeRun raises $12M Series A+ led by Nexus Venture Partners; Bengaluru construction materials quick commerce startup to expand geographies, invest in supply chain

HomeRun, a Bengaluru-based quick commerce platform for construction and interior materials, has raised $12 million in a Series A+ round led by Nexus Venture Partners.

60-Minute DeliveryBengaluru StartupConstruction Materials Startup
2026-08-06
TL;DR by CuriousCats.ai
  • HomeRun has secured $12 million in a Series A+ funding round led by Nexus Venture Partners, with participation from existing investors Sorin Investments, Titan Capital, Sparrow Capital, and Consumer Collective by Atrium.
  • The latest investment comes just months after the company raised $6.6 million earlier this year.
  • The startup, which raised $6 million earlier this year, will use the capital to expand geographies and invest in supply chain, technology and category expansion.
  • Founded by Pukhraj Grewal, HomeRun delivers construction and interior materials to contractors and homeowners at competitive prices within 60 minutes.
  • The platform aims to address industry challenges such as inconsistent supply, lack of pricing transparency, last-minute material shortages, and labour downtime that often delay projects.
  • HomeRun has completed more than 100,000 orders and has emerged as the largest retailer in Bengaluru across its leading product categories, recording 8X growth over the past 12 months.
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