Bengaluru's premium membership quick commerce startup FirstClub raised $55M Series B led by Accel and Peak XV, with Sofina, RTP Global and General Catalyst joining. Capital fuels city expansion, private label rollout and supply chain build-out as it takes on Zepto, Blinkit, Instamart and BigBasket.

Moneycontrol · News Web · 6/4/2026, 11:25:53 AM

Peak XV and Sofina lead a $55M Series B in FirstClub as the platform extends rapid delivery into discretionary categories. Same day: Prozo lights up a 4.1 lakh sq ft Bhiwandi fulfilment hub, ZONE rolls out a kids activewear line, and Sweet Change closes Rs 1.7 Cr pre-seed on 84% MoM growth.

YourStory · Capital · 6/4/2026, 11:24:40 AM

Peak XV and Sofina lead $55M round in FirstClub, with Accel, RTP Global and Paramark participating. Capital funds city expansion and category extensions beyond grocery into beauty, home and pet care, intensifying India's quick commerce category arms race.

YourStory · 6/4/2026, 11:24:33 AM

Quality-first grocery startup FirstClub closed a $55 million Series B led by Peak XV and Sofina, with Accel, RTP Global and Paramark joining. After clocking 1 million orders in under a year, the company will enter new cities and push into beauty, home and pet care while deepening its supply chain.

Outlook Business · 6/4/2026, 9:55:18 AM

Mumbai-based D2C premium ice cream brand Papacream has scaled to 100 dark stores in five months through its Cure Foods partnership, with plans to double to 200 by year-end. The 2015-founded brand is targeting Rs 25 Cr ARR near-term and Rs 50 Cr in three years, while pricing single-serves at Rs 120-175 to undercut Baskin-Robbins and NIC. Quick commerce entry and Singapore/UAE exports are next.

YourStory · Capital · 5/20/2026, 1:38:25 AM