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FIRSTCLUB FUNDING ROUND
BazaarNow raises Rs 72 crore from Peak XV, others to scale up quick commerce in non-metrosFounded in 2025 by former Zepto executives Priyanshu Jain, Arjun Harish and Tarithmay Mandal, BazaarNow touts itself as a quick commerce pl...
Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...
Early-stage vertical commerce startups continue to draw VC interest across beauty, fashion, servicesInvestors are pouring money into quick commerce startups across fashion, beauty, and services. Companies like Firi, Dazzl, and Klydo are se...
Quick commerce expands beyond groceries with VC funding, but scale questions persistIndia’s quick commerce boom, best known so far for grocery deliveries, is rapidly spilling into categories such as food, baby care, constru...
Fresh commerce startup Handpickd raises $15 million from Bertelsmann India Investments, othersFresh produce startup Handpickd has raised $15 million in funding led by Bertelsmann India Investments, with Titan Capital Winners Fund and...
ETtech Deals Digest: Startups raise $180 million this week, up 28% on-yearDespite the higher value, the number of deals during the week was down at 19 transactions, compared to 51 in the corresponding week last ye...
Urban Company IPO payday; Side effects of CBD wellness rushHappy Thursday! Urban Company investors look at lucrative returns as the unicorn gets ready to list. This and more in today’s ETtech Mornin...
Former Flipkart exec’s quick comm startup FirstClub raises $23 million; valuation jumps to $120 millionThe company plans to deploy the funds towards opening new dark stores in Bengaluru, rolling out formats like cafes and daily subscriptions,...
Urban Company enters quick commerce with 15-minute househelp service, Insta MaidsThe service has been rolled out in Mumbai in a pilot stage. The maids will be paid on an hourly basis.
Accel closes eighth India fund with $650 million corpusThis will bring Accel's total investment commitments in India close to $3 billion. Accel’s US-based global growth fund closed its latest ro...
Accel nears close of new India fund at $650 millionAccel India has secured $650 million for its eighth fund, while its global growth fund has raised $1.35 billion. A portion of this will be ...
Investors queue up for more quick commerce startups with special focusSwish raising funds; former Dunzo executives have quick commerce plans, including enabler ‘Kuik’. Industry executives are of the view that ...
Over 40 Indian startup leaders transitioned between founding and executive roles in 2024: reportPer data shared by executive search firm Longhouse Consulting, the year saw a trend in the startup ecosystem of some leaders choosing to mo...
KKR invests in Rebel Foods; Indian startup leaders transitionPrivate equity major KKR has acquired a stake in Rebel Foods. This and more in today’s ETtech Top 5.
FirstClub of former Cleartrip CEO Ayyappan raises $8 million in round led by Accel, RTP GlobalFormer Cleartrip CEO Ayyappan R has secured $8 million in seed funding for his quick commerce startup, FirstClub. Backed by Accel and RTP G...
Health insurance claims surge; next GCC waveHappy Thursday! Health insurance claim sizes have soared, according to Policybazaar data. This and more in today’s ETtech Morning Dispatch.