FirstClub bags $55M Series B at $253M valuation, 2.2X uplift in 18 months
Peak XV and Sofina led the round in quality-first quick commerce challenger FirstClub, taking total raised to $86M. Capital fuels city expansion and new categories (beauty, home, pet) as it takes on Zepto, Blinkit and Instamart. Founder retains 39.03%; Accel holds 15.27%.
Quality-first quick commerce startup FirstClub raised $55M Series B led by Peak XV and Sofina at $253M valuation, 2.2X uplift. Capital funds city expansion, new categories (beauty, home, pet) and supply chain, challenging Zepto, Blinkit, Instamart.
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