FirstClub bags $55M Series B to widen quick commerce push beyond grocery

Ex-Flipkart exec Ayyappan R's quality-first quick commerce app FirstClub raised $55M Series B led by Peak XV and Sofina, with Accel, RTP Global and Paramark participating. Capital fuels city expansion and category extensions into beauty, home and pet care after crossing 1M+ orders.

— Source publishedFri, 5 Jun, 2026, 07:30 IST·First seen Fri, 5 Jun, 2026, 07:37 IST·Source YourStory

What happened

FirstClub, a quality-first quick commerce grocery app by ex-Flipkart exec Ayyappan R, raised $55M Series B led by Peak XV and Sofina to expand cities and add

Key facts

  • $55M Series B
  • 1M+ orders
  • Rs 2,873 crore Lenskart stake sale
  • 3.25% stake

Why this matters

FirstClub's category expansion into beauty, home and pet care positions it as a future M&A counterparty or partnership target for horizontal marketplaces and vertical D2C brands seeking same-day distribution into premium urban cohorts.

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