FirstClub bags $55M Series B from Accel, Peak XV just 9 months after $22M Series A

Bengaluru's premium membership quick commerce startup FirstClub raised $55M Series B led by Accel and Peak XV, with Sofina, RTP Global and General Catalyst joining. Capital fuels city expansion, private label rollout and supply chain build-out as it takes on Zepto, Blinkit, Instamart and BigBasket.

— FiledThu, 4 Jun, 2026, 16:55 IST·First seen Thu, 4 Jun, 2026, 16:55 IST·Source Moneycontrol · News Web

What happened

FirstClub, a Bengaluru-based premium membership quick commerce startup, raised $55M Series B led by Accel and Peak XV, with Sofina, RTP Global, General

Key facts

  • $55 million Series B
  • $22 million Series A
  • founded 2024

Why this matters

A well-funded premium QC challenger with fresh capital for city expansion and private label creates both a partnership window for category brands seeking curated distribution and a potential consolidation target if scale economics lag the top three players.

Also reported by