{"id":959289,"date":"2025-09-04T09:00:54","date_gmt":"2025-09-04T03:30:54","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=959289"},"modified":"2025-09-04T09:18:36","modified_gmt":"2025-09-04T03:48:36","slug":"former-flipkart-execs-quick-comm-startup-firstclub-raises-23-million-valuation-jumps-to-120-million","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/04\/former-flipkart-execs-quick-comm-startup-firstclub-raises-23-million-valuation-jumps-to-120-million\/","title":{"rendered":"Former Flipkart exec\u2019s quick comm startup FirstClub raises $23 million; valuation jumps to $120 million"},"content":{"rendered":"<p>Quick commerce startup FirstClub has raised $23 million in a funding round led by venture capital firms Accel and RTP Global, who had also co-led the previous round. Following this funding round, which was about 90% equity and the rest debt, the company\u2019s valuation now stands at $120 million.<\/p>\n<p>Existing investors Blume Ventures and 2am VC doubled down in this round, which also drew new backers Paramark Ventures and Aditya Birla Ventures.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quick commerce startup FirstClub has raised $23 million in a funding round led by venture capital firms Accel and RTP Global, who had also co-led the previous round. Following this funding round, which was about 90% equity and the rest debt, the company\u2019s valuation now stands at $120 million. Existing investors Blume Ventures and 2am VC doubled down in this round, which also drew new backers Paramark Ventures and Aditya Birla Ventures.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-959289","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/959289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=959289"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/959289\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=959289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=959289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=959289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}