FirstClub Bags $23 Mn To Open Dark Stores, Launch Cafes

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SUMMARY

The round was co-led by Accel and RTP Global, with participation from Blume Founders Fund, 2am VC, Paramark Ventures and Aditya Birla Ventures

The startup plans to utilise the fresh capital to fuel expansion, add new dark stores, launch multiple fulfilment formats and ramp up hiring

Founded in 2024 by former Cleartrip CEO Ayyappan R, FirstClub claims to be building a member-first quick commerce platform focussed on premium products

Quick commerce platform FirstClub has raised $23 Mn (around INR 203 Cr) in its Series…



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FirstClub Bags $23 Mn To Open Dark Stores, Launch Cafes


SUMMARY

The round was co-led by Accel and RTP Global, with participation from Blume Founders Fund, 2am VC, Paramark Ventures and Aditya Birla Ventures

The startup plans to utilise the fresh capital to fuel expansion, add new dark stores, launch multiple fulfilment formats and ramp up hiring

Founded in 2024 by former Cleartrip CEO Ayyappan R, FirstClub claims to be building a member-first quick commerce platform focussed on premium products

Quick commerce platform FirstClub has raised $23 Mn (around INR 203 Cr) in its Series…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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