Indian quick-commerce startup FirstClub has doubled its valuation to $255M within nine months, emphasizing quality as a unique approach in a speed-driven industry.

Quality-focused grocery delivery startup FirstClub has secured $55 million in a Series B funding round led by Peak XV Partners and Sofina, valuing the company at $255 million. The…

The Bengaluru startup has crossed 1 million orders and reached a $50 million annualized GMV run rate within a year of launch.

FirstClub said the funding will be used to expand into new cities and strengthen its supply chain as it forays into newer categories.

Indian quick-commerce startup FirstClub has doubled its valuation to $255M within nine months, emphasizing quality as a unique approach in a speed-driven industry.