Indian quick-commerce startup FirstClub doubles valuation to $255M with $55M Series B raise
By
Jagmeet Singh
Summary
Indian quick-commerce startup FirstClub has raised $55 million in a Series B round co-led by Peak XV Partners and Sofina, doubling its valuation to $255 million in just nine months. The Bengaluru-based company, which focuses on quality over speed in the quick-commerce space, has crossed 1 million orders and reached a $50 million annualized GMV run rate within a year of launch. The valuation jump from $120 million in September 2025 reflects growing investor confidence in its differentiated market approach.
Source
bskyIndian quick-commerce startup FirstClub doubles valuation to $255M with $55M Series B raisetechcrunch.comKey quotes
· 3 pulledIn a quick-commerce market obsessed with speed, Indian startup FirstClub has convinced investors that quality may be a fresh opportunity, helping to double its valuation just nine months after its last funding round.
The Bengaluru-based startup has raised $55 million in a Series B round co-led by Peak XV Partners and Sofina, valuing the company at $255 million after the investment.
That's up from $120 million when it last raised capital in September 2025.
You might also wanna read
Sarvam raises $300M Series B at $1.5B valuation led by HCLTech and Bessemer
Sarvam, India's full-stack sovereign AI company, announced a $300 million Series B funding round led by HCLTech and Bessemer Venture Partner
sarvam.ai·21d ago
AI Music Startup Suno Raises $400 Million, Valuation Jumps to $5.4 Billion
AI music generation startup Suno has raised $400 million in a Series D funding round led by Bond Capital, valuing the company at $5.4 billio
Variety·1mo ago
FOMO Raises $75M at $550M Valuation as Top Silicon Valley Investors Bet on Social Trading
blockster.com·14d ago
Nvidia Reaches $5 Trillion Market Valuation, Becoming First Company to Hit Milestone
Nvidia has become the world's first company to reach a $5 trillion market valuation, with shares rising to over $211. The chipmaker achieved
The Verge·8mo ago
OpenRouter Raises $113M in Series B Funding Led by CapitalG
OpenRouter has raised $113 million in Series B funding. The round was led by CapitalG, with participation from NVentures, ServiceNow Venture
openrouter.ai·1mo ago
Sierra raises $950M at $15B+ valuation to scale AI customer experience platform
Sierra is raising $950 million in funding led by Tiger Global and GV at a valuation of over $15 billion. The company now has over $1 billion
Sierra·2mo ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.