FirstClub, a E-commerce company based in Bengaluru, India, has raised $55M in a Series B round led by Peak XV Partners.
Quick Highlights
- Amount Raised: $55M
- Round Type: Series B
- Lead Investor: Peak XV Partners
- Other Investors: Sofina
- Industry: E-commerce
- Headquarters: Bengaluru, India
- Date Announced: 2026-06-03
About the Startup
FirstClub, is a E-commerce company headquartered in Bengaluru, India.
Funding Breakdown
The company raised $55M in a Series B round led by Peak XV Partners. Participating investors include Peak XV Partners, Sofina. Valuation terms were not disclosed.
Use of Funds
FirstClub intends to deploy the capital toward expansion.
Why This Funding Matters
For India’s startup ecosystem, the round reinforces continued investor appetite in E-commerce despite a selective overall funding market.
Investor Background
Peak XV Partners is the lead backer in this round. They are joined by Sofina.
Funding Timeline
| Date | Round | Amount | Lead Investor |
|---|---|---|---|
| 2026-06-03 | Series B | $55M | Peak XV Partners |
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Disclaimer: This report is compiled from publicly available sources and is for informational purposes only; funding figures are as publicly reported and may be subject to change.
