FirstClub raises $55M Series B at $255M valuation to scale premium quick commerce
Peak XV and Sofina led the round, doubling FirstClub's valuation from $120M. Capital funds a third Bengaluru warehouse, 50 new clubhouses across Bengaluru and Hyderabad, and category expansion into beauty and kids over the next six months.
Premium quick commerce startup FirstClub raised $55M Series B led by Peak XV and Sofina, doubling valuation to $255M. Funds target supply chain, third Bengaluru warehouse, 50 new clubhouses across Bengaluru and Hyderabad, and category expansion into beauty and kids.