Post by CMS INDUSLAW

Our firm advised FirstClub on its USD 55 million Series B funding round co-led by Peak XV Partners and Sofina, with participation from existing investors Accel, RTP Global and Paramark Ventures. FirstClub is a Bengaluru-based premium grocery and quick commerce platform. The company shall use monies for expansion and continue investing in its supply chain, technology and category expansion initiatives. The CMS INDUSLAW team advising on the transaction comprised Partner Winnie Shekhar, Principal Associate Tushar G., Senior Associate Chandresh Goyal and Associate Mahak Agarwal. #CMSINDUSLAW #Deal #DealUpdate #VentureCapital #PrivateEquity #StartupFunding