India's FirstClub raises $8m seed funding

Accel and RTP Global have led an US$8 million seed funding round for FirstClub Technology Pvt. Ltd., a retail startup founded by former Flipkart executive Ayyappan R.

Participants also include Blume Founders Fund, Quiet Capital, 2am VC, and angel investors such as Flipkart co-founder Binny Bansal, CRED founder Kunal Shah, and Myntra founder Mukesh Bansal.

FirstClub plans to create an omnichannel retail platform targeting premium packaged foods, fresh foods, bakery, dairy, nutrition, and supplements.

A full launch is anticipated by mid-2025 to serve customers seeking quality and convenience.

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