FirstClub raises $23M Series A, triples valuation in 3 months

Bengaluru-based FirstClub, a quick commerce platform for home essentials, has raised $23 million in a Series A round led by Accel with participation from RTP Ventures. This comes barely three months after its last fundraise, tripling the company’s valuation and underscoring investor confidence in its growth trajectory.
The company plans to deploy the fresh capital into expanding operations across new cities, strengthening last-mile logistics, and scaling its technology stack. With Indian consumers increasingly seeking convenience and faster delivery cycles, FirstClub is positioning itself as a differentiated player in the competitive quick commerce space.