Bengaluru-based quick-commerce startup FirstClub has successfully raised $55 million in a Series B funding round, co-led by Peak XV Partners and Sofina, which has doubled its valuation to $255 million in just nine months. This latest financing brings FirstClub's total funding to $86 million and comes amidst rapid growth in India's online grocery market, projected to reach $11 billion-$12 billion in FY26. FirstClub differentiates itself by prioritizing product quality and curation over speed, offering a selection of approximately 4,000 products, conducting quality checks, and working with brands on exclusive items. The company, founded in 2024 by Ayyappan R, has achieved over 1 million orders and acquired 170,000 households in Bengaluru within its first year, with plans to use the new capital for expansion into Hyderabad and other categories like home goods and gifting.