FirstClub bags $55M Series B from Peak XV, Sofina to expand beyond grocery
Bengaluru-based quality-first quick commerce app FirstClub, founded by ex-Flipkart exec Ayyappan R, raised $55M Series B co-led by Peak XV and Sofina. Funds will fuel city expansion and category push into beauty, home essentials, and pet care, after hitting 1M orders in year one.
What happened
Quick commerce app FirstClub, founded by ex-Flipkart exec Ayyappan R, raised $55M Series B led by Peak XV and Sofina to expand cities and add beauty, home
Key facts
- $55M Series B
- $31M total raised
- $22M Series A Sept 2025
- 1M orders in first year
- 200+ banned ingredients
Why this matters
FirstClub's category expansion into beauty, home essentials, and pet creates near-term partnership pull for premium D2C brands seeking a curated quick-commerce shelf, and medium-term M&A optionality for incumbents needing a quality-tier front-end.