All Home is a fresh business venture created by the main founders of PharmEasy. All Home has raised ₹200 crore in its latest funding round. Bessemer Venture Partners led this fresh round of funding. The new round consists of both equity and debt, with debt raised from Stride Ventures. After the capital infusion, the valuation of All Home has doubled to reach ₹2,000 crore.

Financial milestones and core business model

The recent investment represents a substantial increase over the modest amount the company raised in its initial investment round. All Home raised $20 million (approximately ₹180 crore) at the time of exchange rates during the seed funding round in June 2025. The business has been growing remarkably since the time it was established in the early operational period. 

The company has said that it had earned approximately ₹180 crore on the revenue side of its operations by the end of the fiscal year 2026, its first full year of business operations. All Home’s annualized revenue run rate is well on its way to an impressive ₹400 crore, with the ability to scale and get adopted easily in the domestic market.

All Home pursues a full range of business activities within the interior design and architecture industry, with significant activity in the massive building materials market. One of the key pillar business model of the startup is working collaboratively with different brands in manufacturing. 

All Home partners with these brands through actual investment in them. In addition to capital investment, the company has been supplying essential enablers such as strong technology support, Internet-enabled manufacturing solutions, niche distribution channels, and insights into the market to enable the brands to grow at an efficient pace. 

The business operates at the present time in four main product segments: surfaces, hardware-bath fittings, facades-windows, and specific lighting systems. The leadership team plans to stretch into additional operational categories in the coming quarters.

All Home has already established strategic relationships with seven distinct brands across its current areas of focus to back this multi-category presence. Current brand partners include Colour Coats, House of W, Fiamarc, The Window Factory, Ledlum, Metalia, and Shapes. 

All Home hopes to create a unified supply chain with these brands. The new investment will be invested purposefully in developing and optimizing their proprietary technology, opening and developing physical experience centers for the consumer market, and creating state-of-the-art manufacturing plants to serve their long-term full-stack strategy, according to the company’s management.

Fragmented system and executive transitions

The founding team’s idea to move into the interior design and construction material business was fueled by a clear recognition of some significant pain points and inefficiencies in the current business-to-business procurement system. The industry was noted by the business founders as an environment where interior designers and architects had to communicate extensively between multiple independent vendors before starting the business. 

This disorganized setup involved constantly high turnaround times, complete inconsistency in designs at different locations, and a complete absence of positive after-sales support to the consumer. The management views the building materials industry as being chaotic and believes that technology can really reorganize the industry. The founders are strategically building a consumer business from scratch rather than just a transactional site. 

India’s larger macroeconomic context also strongly backs this point, with the real estate market on a bull run and the demand for high-end properties in residential, hospitality, and office buildings that is being clearly felt. Today’s buyers are far more interested in understanding what materials are used in their houses, in being shown exactly what the finished product will look like, and in having easy access to the best in the industry.

All Home’s quick financial growth has confirmed the investment strategy of its primary investors. Institutional investors such as Bessemer Venture Partners have noted that the building material sector in India is still largely informal and fragmented. 

All Home has become profitable early in its journey and is growing almost three to four times the reported sector average. This performance has helped to boost investor trust in the startup’s capability and overall business trajectory.

The venture is being managed by the experienced entrepreneurial group of Dharmil Sheth, Dhaval Shah, Hardik Dedhia, and Siddharth Shah, who are the founders of the digital drug store PharmEasy. In January last year, Sheth, Dhaval Shah, and Dedhia quit as operational heads of PharmEasy and started their new venture, All Home, keeping this new chance of disruption to itself. 

Siddharth Shah, the former founder and chief executive officer of the digital pharmacy business, then moved to a non-executive role in August 2025. Siddharth Shah is no longer involved in the day-to-day operations and now serves as the vice chairman of API Holdings, the parent of PharmEasy, on its board of directors.

Conclusion

With a shift in focus from healthcare to building materials and architecture, All Home is a noteworthy and highly valuable second mission for the founding team of PharmEasy. Its technology-backed full-stack approach not only helped it raise ₹200 crore of investment. The valuation of the company doubled to reach ₹2,000 crore. With a robust revenue run rate, profitability, and the backing of investors like Bessemer Venture Partners and Stride Ventures, All Home is poised for a significant expansion in manufacturing capacity, products, and experience centres owing to increased demand for premium housing and office space in India.