FirstClub raises $55M Series B led by Peak XV, Sofina to expand quality-led q-commerce
Bengaluru-based FirstClub, founded by ex-Flipkart executives, has secured $55 million (Rs 512 crore) Series B from Peak XV and Sofina. The quality-focused grocery startup, which bans 200+ ingredients, will widen city coverage and push into beauty, home essentials and pet care. Total capital raised now stands at $86M.
Quality-focused quick commerce grocery startup FirstClub raised $55M Series B led by Peak XV and Sofina. Funds will expand city footprint and add beauty, home essentials, and pet care categories beyond grocery.
Why this matters
Comes just 9 months after FirstClub's $22M Series A, signaling rapid investor conviction as the startup scales stores across Bengaluru and Hyderabad and broadens beyond grocery.
Retail-company signals steady at 1,800 over the last 90 days.