ProjectHero, a construction tech start-up which had previously raised $3.6mn from Ankur Capital, Omidyar Network, and Titan Capital, has introduced HomeRun, a quick commerce platform offering 60-minute delivery of construction materials.
HomeRun addresses the problems faced by customers who typically depend on local retailers and vendors for ad hoc construction material supplies of cement, hardware, plywood etc. “Due to small quantities, traditional vendors are not able to fulfil these orders, HomeRun, on the other hand, eliminates these hurdles by offering no-minimum-order deliveries,” said a release from the start-up.
For instance, customers requiring just one or two bags of cement can now place an order on HomeRun without incurring high transportation costs.
“HomeRun isn’t just a platform; it’s how we are solving the massive inefficiencies in material procurement for the contractors and homeowners,” said Satya Vyas, Founder of HomeRun.
Krishnan Neelakantan, Partner at Ankur Capital, said, “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.”
source/content: thehindu.com (headline edited)