FirstClub's Valuation Soars as Orders Surge
Bengaluru-based quick-commerce platform FirstClub has seen its valuation balloon to $255 million in just nine months. This impressive growth comes on the heels of the startup surpassing the milestone of 1 million orders.
In addition to its soaring valuation, FirstClub has achieved a remarkable annualized gross merchandise value (GMV) run rate of $50 million since its launch. The company’s rapid ascent reflects the increasing demand for quick delivery services in the bustling e-commerce landscape.
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