FirstClub raises $55M Series B led by Peak XV, Sofina to scale quality-first quick commerce
Bengaluru-based FirstClub, founded by ex-Flipkart exec Ayyappan R, has bagged $55M in a Series B co-led by Peak XV and Sofina. The capital will fund expansion beyond Bengaluru and Hyderabad, push into beauty, home and pet care, and deepen a curated grocery supply chain that bans 200+ ingredients.
Quick commerce startup FirstClub, founded by ex-Flipkart exec Ayyappan R, raised $55M Series B led by Peak XV and Sofina to expand cities, add beauty, home, pet care, and strengthen quality-first grocery supply chain.
Why this matters
FirstClub's $255M valuation marks a doubling from prior round, positioning the quality-first player against mass quick-commerce incumbents as it expands categories beyond grocery.
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