FirstClub Bags $55 Mn From Peak XV, Sofina to Fuel City and Category Expansion
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.
What happened
FirstClub, a quality-first grocery delivery startup, raised $55M Series B led by Peak XV and Sofina. Funds will expand into new cities, categories (beauty,
Key facts
- $55 million
- ₹512 crore
- 1 million orders
Why this matters
FirstClub's planned push into beauty, home and pet care creates both partnership openings and competitive pressure for incumbents in those adjacent categories.