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FirstClub

FirstClub Technology Private Limited Bengaluru, Karnataka Founded 2024 firstclub.site ↗
Ayyappan Rajagopal · Co-Founder & CEO Vasudevan Arvind Charanyan · Co-Founder
$86 MnTotal funding (tracked)
3Funding rounds
3 Jun 2026Last round
220Team size (sourced)

FirstClub: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Quality-first over speed-first

FirstClub is wagering that a growing segment of consumers will prioritize quality and product curation over receiving orders as quickly as possible

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Groceries you don't have to second-guess

Groceries you don't have to Second Guess

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200+ harmful ingredients excluded

Good groceries, minus 200+ harmful ingredients.

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Lab-tested, curated products

conducts quality checks on fresh produce, lab-tests certain staples, and works with brands to develop exclusive products

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Customer Segments

Affluent households~₹15L+ annual household income

FirstClub's customers are primarily in the income bracket of ₹1.5 million (around $17,000) annual household income.

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Women-led households60%+ of customer base

more than 60% of its customer base consists of women-led households

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Customer Relationships

High repeat-purchase rate60% repeat purchase rate

an average order value of ₹1,050 (approximately $12) — about twice that of leading quick-commerce platforms when delivering groceries — along with a 60% repeat purchase rate, the executive told TechCrunch

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Frequent repeat orders4+ orders/month per customer

customers placing more than four orders a month on average and spending roughly ₹1,200 (about $13) per order

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Channels

Dark stores ("clubhouses")24 stores across Bengaluru & Hyderabad

currently operating at 21 stores (Bengaluru); recently launched with three locations (Hyderabad)

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FirstClub Quick Delivery (app)

FirstClub Quick Delivery — quality groceries at your doorstep

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FirstClub Mornings (subscription)

FirstClub Mornings — subscribe for planned deliveries

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Key Activities

Product quality testing

conducts quality checks on fresh produce, lab-tests certain staples

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Exclusive product development with brands

works with brands to develop exclusive products

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Key Resources

No cited public information yet.

Key Partnerships

No cited partnerships yet. Based on tracked funding/M&A data:

Sequoia Capital India — Investor Sofina — Investor Accel — Investor Paramark Ventures — Investor RTP Global — Investor 2am VC — Investor

Revenue Streams

No cited public information yet.

Cost Structure

No cited public information yet.

FAQs on FirstClub

What is FirstClub's business model?

FirstClub's core value proposition centers on Quality-first over speed-first, Groceries you don't have to second-guess, 200+ harmful ingredients excluded, Lab-tested, curated products.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: techcrunch.com · Last verified 16 Jul 2026. · Report a correction