PharmEasy cofounders Dharmil Sheth, Dhaval Shah and Hardik Dedhia have reportedly launched an architectural and interior design startup All Home.

An ET report said that the Mumbai-based startup has raised an undisclosed capital from Bessemer Venture Partners at a valuation of $120 Mn (INR 1,041 Cr).

It also saw participation from a host of angel investors, including PharmEasy founder and CEO Siddharth Shah, B Capital’s founding general partner Kabir Narang, Motilal Oswal Financial Services’ group chief financial officer Shalibhadra Shah and Motilal Oswal Asset Management’s chief investment officer Niket Shah.

The report further said that All Home will also partner with brands in the interior design space by backing and offering them technology support, internet-led manufacturing and distribution and market insights.

Inc42 has reached out to Sheth, Shah and Dedhia for comments on the development. The story will be updated based on their responses.

Sheth will be taking care of the operations at the startup, while Shah would be overseeing brand building, finance, legal, compliance and HR roles and Dedhia will be heading the technology function.

Of the five PharmEasy cofounders, four of them, including Sheth, Shah, Dedhia and Harsh Parekh stepped down from their executive roles at the startup, in January. However, they continue to be a part of the startup’s board.

(The story will be updated soon.)

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