FirstClub raises $55M Series B led by Peak XV, Sofina to scale quality-first quick commerce
Bengaluru-based FirstClub, founded by ex-Flipkart exec Ayyappan R, has bagged $55M in a Series B co-led by Peak XV and Sofina. The capital will fund expansion beyond Bengaluru and Hyderabad, push into beauty, home and pet care, and deepen a curated grocery supply chain that bans 200+ ingredients.
What happened
Quick commerce startup FirstClub, founded by ex-Flipkart exec Ayyappan R, raised $55M Series B led by Peak XV and Sofina to expand cities, add beauty, home, pet
Key facts
- $55 million Series B
- $31 million total prior
- $22 million Series A Sep 2025
- 1 million orders
- 200+ banned ingredients
Why this matters
Watch FirstClub as a category-expansion acquirer or premium-private-label partner once Bengaluru/Hyderabad unit economics prove out—curated supply chains travel poorly without capital.