About Firstclub
Firstclub is a company based in Bengaluru (India) founded in 2024 by Ayyappan Rajagopal. Firstclub has raised $86 million across 3 funding rounds from investors including Accela, Accel and RTP Global. Firstclub offers products and services including Membership Platform and Curated Products. Firstclub operates in a competitive market with competitors including Blinkit, Swiggy, Dunzo, KiranaPro and Beldara, among others.
- Headquarter Bengaluru, India
- Founders Ayyappan Rajagopal
- Stage Minicorn
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website firstclub.co.in
- Social LinkedIn
- Legal Name Firstclub Technology Private Limited
- Date of Incorporation 25 Sep, 2024
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.36 Cr
FY 2025
- Net Loss-₹2.35 Cr
FY 2025 · -173% margin
- EBITDA-₹2.32 Cr
FY 2025 · -171% margin
- Total Equity Funding$86M (USD)
in 3 rounds
- Latest Funding Round$55M (USD), Series B
Jun 2026
- InvestorsAccela
& 28 more
Associated legal entities of Firstclub
Firstclub operates through Firstclub Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Firstclub Technology Private Limited CIN U46909KA2024PTC193326 | Active | 25 Sep 2024 | Bangalore, Karnataka | ₹1.4 Cr | 155 | 2 | View details |
Products & Services of Firstclub
Firstclub offers a comprehensive portfolio of products and services, including Membership Platform and Curated Products.
Platform for accessing curated high-quality products.
High-quality items made from fine ingredients for daily use.
Funding Insights of Firstclub
Firstclub has successfully raised a total of $86M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $55 million completed in June 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $86M
- Total Rounds 3
- Last Round Series B — $55M
- First Round $8M
(Dec 2024)
- Investors Count 29
All 3 funding rounds of Firstclub with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2026 | $55M | Series B | – | Peak XV Partners, Sofina | |
| Sep 2025 | $23M | Series A | – | Accela | |
| Dec 2024 | $8M | Seed | $39.74M | Accel |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2024 | $39.74M | •••••••• |
Last known valuation $39.74M (Dec 2024). 29 investors in total: 17 institutional and 12 angel.
Investors in Firstclub
Firstclub has secured backing from 29 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Accela, Accel and RTP Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Venture capital firm focused on early-stage technology companies | 2011 | rtp.vc | New York, United States | |
Seed and early-stage investments are made across sectors in India. | – | blume.vc | Mumbai, India | |
Investments are managed by Quiet Capital in New York. | – | quiet.com | New York, United States | |
Early-stage venture funding for sector-agnostic startups in India. | 2021 | 2amvc.com | Mumbai, India | |
Venture capital fund focused on early-stage untapped founders | – | stargazervc.com | Portland, United States | |
Venture capital funding is provided to innovative startups in India. | – | qedinnovationlabs.tcc.mode | Mumbai, India | |
Early-stage investments are targeted by Blume Founders Fund. | – | blumefoundersfund.tcc.mode | Mumbai, India | |
Early-stage investments are targeted by Paramark Ventures in startups. | – | paramark.vc | Seoul, South Korea | |
Venture capital firm investing in technology sectors with a focus on innovation and support. | 2021 | adityabirlaventures.com | Mumbai, India |
Investor details for Firstclub
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Board of directors of Firstclub Technology Private Limited (Firstclub)
Firstclub Technology Private Limited is the primary company behind Firstclub. The board of Firstclub Technology Private Limited currently have 2 directors; the longest-serving is Ayyappan Rajagopal, appointed in 2024. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ayyappan Rajagopal DIN 08414247 | Director | 25 Sep 2024 | 2 yrs | Firstclub Technology Private Limited |
| Vasudevan Arvind Charanyan DIN 11129160 | Director | 30 May 2025 | 1 yr 4 mo | Firstclub Technology Private Limited |
People of Firstclub
1 people are tracked at Firstclub (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Firstclub
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Firstclub
Figures of Firstclub Technology Private Limited, the primary company behind Firstclub, for FY 2025. Revenue was ₹1.36 Cr. Net loss was -₹2.35 Cr (-173% margin). EBITDA was -₹2.32 Cr (-171% margin).
- ₹1.36 CrRevenue · FY 2025
- -₹2.35 CrNet loss · -173% margin
- -₹2.32 CrEBITDA · -171% margin
- ₹6.7 LakhPaid-up capital
- 155Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Firstclub Technology Private Limited are on its company page.
Detailed financial statements for Firstclub
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of Firstclub
4 dated milestones of Firstclub across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Firstclub is founded.
- Funding First funding round of $8.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $55.0M.
Competitors of Firstclub
Firstclub operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blinkit, Swiggy, Dunzo, KiranaPro and Beldara, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blinkit.com | 2013 | Gurugram, India | $757.12M | 5,975 | Instant delivery of groceries and essentials is facilitated online. | |
| swiggy.com | 2014 | Bengaluru, India | $3.54B | 4,953 | Food and grocery items are ordered via an online network. | |
| dunzo.com | 2014 | Bengaluru, India | $449.13M | 195 | Operates an on-demand hyperlocal delivery app for food and groceries. | |
| kirana.pro | 2024 | Bengaluru, India | $186,711 | – | Multi-category food products from local stores are retailed online. | |
| beldara.com | 2018 | Mumbai, India | $7.4M | – | Multi-category products are sourced via B2B marketplace platform. | |
| pincode.com | 2004 | Bengaluru, India | – | – | Online app for quick delivery of groceries, medicines, and fashion items. | |
| bindassbasket.com | 2018 | Bengaluru, India | – | – | Manages an e-commerce store offering multi-category grocery products. | |
| mapprr.com | 2015 | Hyderabad, India | – | – | Provides a mobile app for discovering, purchasing, and delivering from local shops. |
Detailed competitors of Firstclub
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Firstclub
The website of Firstclub (firstclub.co.in) receives about 39.6K visits a month.
- Monthly visits39.6K
▼ 52% vs previous month
Latest news on Firstclub
Complete news archive for Firstclub
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Brand-specific news history
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Similar companies to Firstclub
10 companies that operate in the same segment as Firstclub (Food & Grocery Retail), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Meal recipe kits are delivered through a weekly subscription service. | 2011 | Berlin, Berlin, Germany | USD 367.28 M | – | – | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
Personal and household products are delivered via an e-commerce platform. | 2011 | Bengaluru, Karnataka, India | USD 943.07 M | – | – | |
Instant delivery of groceries and essentials is facilitated online. | 2013 | Gurugram, Haryana, India | USD 757.12 M | – | – | |
Multi-category products are delivered quickly through an online platform. | 2020 | Bengaluru, Karnataka, India | USD 2.3 B | USD 344.05 K | 100 | |
Organic groceries are offered through an online membership platform. | 2013 | Los Angeles, California, United States | USD 332.18 M | – | – | |
Online marketplace platform offering multi-category grocery products | 2012 | San Francisco, California, United States | USD 2.93 B | USD 3.74 B | 3,270 | |
Platform offering food and grocery delivery services | 2013 | London, England, United Kingdom | USD 2.95 B | USD 2.59 B | 3,960 |
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Frequently Asked Questions about Firstclub
Firstclub was founded in 2024.
Firstclub is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ayyappan Rajagopal is the current CEO of Firstclub. They have also founded this company.
Firstclub is a funded company, having raised a total of $86M across 3 funding rounds to date. The company's 1st funding round was a Seed of $8M, raised on Dec 2024.
The primary company behind Firstclub, Firstclub Technology Private Limited, reported revenue of ₹1.36 Cr for FY 2025.
Firstclub was founded in 2024 by Ayyappan Rajagopal in Bengaluru, India. A membership-based platform is provided, focusing on curated selections of food items including fresh fruits and vegetables, groceries, dairy products, bakery goods, dry fruits, and health supplements. Detailed product information is supplied to support member purchasing decisions within the e-commerce sector.
Firstclub offers Membership Platform and Curated Products.
Firstclub has 29 investors. Key investors include Accela, Accel, RTP Global, 2am VC, and OCFO.
The valuation of Firstclub is $39.74M as of Dec 2024.
Firstclub operates through Firstclub Technology Private Limited.
The legal entities of Firstclub currently have 2 directors, including Ayyappan Rajagopal, Vasudevan Arvind Charanyan.