CMS INDUSLAW and Khaitan & Co have advised on FirstClub’s US$55 million Series B funding round.
The funding round was co-led by Peak XV Partners and Sofina, with participation from existing investors Accel, RTP Global and Paramark Ventures.
FirstClub, a Bengaluru-based premium grocery and quick commerce platform, intends to use the proceeds to support its expansion plans and continue investing in its supply chain, technology, and category expansion initiatives.
CMS INDUSLAW advised FirstClub on the Series B funding round.
The CMS INDUSLAW team comprised Partner Winnie Shekhar, Principal Associate Tushar Gogoi, Senior Associate Chandresh Goyal, and Associate Mahak Agarwal.
Khaitan & Co advised Peak XV and Sofina on their investment in the Series B funding round.
The Khaitan & Co deal team included Bharat Anand, Nidhi Killawala, Ayushi Mishra, Sakshi Garg, and Anannya Wal, with assistance from Nirupam Lodha (Intellectual Property), Abhinav Rastogi (Employment) and Pranjal Prateek (Competition Law).
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