FirstClub Nears $50 Million Funding Round, Valuation Set to Double in Six Months

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

FirstClub Set to Double Valuation to $250M with $50M Funding Round

Ayyappan R, founder and CEO, FirstClub

M

Moneycontrol•05-03-2026, 12:02

FirstClub Set to Double Valuation to $250M with $50M Funding Round

•FirstClub is in advanced talks to raise $50-60 million from Peak XV Partners, Sofina Ventures, and other investors.
•The new funding round could double the premium grocery startup's valuation to $250 million from $120 million in under six months.
•Funds will be used to expand services to major cities beyond Bengaluru and introduce new product categories like home goods and pet care.
•FirstClub plans to open 35 stores across Bengaluru and establish offline experiential centers in the coming months.
•The company has delivered over 1.2 million orders in 9 months, serving 2 lakh people with a 45% compounded monthly growth rate.

Read Full Article on Moneycontrol in English

✦

More like this

✦

More like this

Google Eases Play Store Rules; Innerwear Startups Face Slowdown; FirstClub Eyes $50-60M Round

L’Oreal in talks to acquire majority stake in personal care startup Innovist at $350 mn-$450 mn valuation

L'Oreal Eyes Majority Stake in Innovist, Valued at $350M-$450M

Representational image (Image: News18)

India's Women-Led Tech Startups Secure $1.1 Billion Funding in 2025: Tracxn

Snabbit Eyes $450M Valuation: Investors Bet Big on India's Home Services Boom

Quick commerce enablement startup Inamo raises $8 million in funding led by Prime Venture Partners

Inamo Secures $8 Million in Series A Funding to Boost Quick Commerce Infrastructure

Peak XV Partners closes $1.3 billion across three funds targeting India, APAC startups

Peak XV Partners Closes $1.3 Billion for India, APAC Startups