Led by Accel and RTP Global, with participation from angel investors including Binny Bansal, Kunal Shah, and Mukesh Bansal. The company plans to use the funds to build its tech infrastructure and expand its team.
Founded by former Flipkart senior vice president Ayyappan R, FirstClub aims to cater to India's top 10% consumers with curated, high-quality products delivered rapidly.
The member-only retail platform plans to use the $8 million seed funding to enhance technology infrastructure, refine omnichannel retail strategies, and expand product offerings.