FirstClub raises $55M Series B led by Peak XV, Sofina to expand quality-led q-commerce
Bengaluru-based FirstClub, founded by ex-Flipkart executives, has secured $55 million (Rs 512 crore) Series B from Peak XV and Sofina. The quality-focused grocery startup, which bans 200+ ingredients, will widen city coverage and push into beauty, home essentials and pet care. Total capital raised now stands at $86M.
What happened
Quality-focused quick commerce grocery startup FirstClub raised $55M Series B led by Peak XV and Sofina. Funds will expand city footprint and add beauty, home
Key facts
- $55 million
- Rs 512 crore
- $23 million Series A
- $8 million seed
- $86 million total raised
- 1 million orders
- 200+ banned ingredients
Why this matters
FirstClub's expansion into beauty, home essentials, and pet care broadens its category surface area, making it a potential roll-up target or partner for adjacent specialty retailers.