Entrepreneur News Network

FirstClub Raises $55 Million Series B Funding to Expand Quick Commerce Business

Founder FirstClub_20250904102648_original_image_29

Bengaluru: Quick commerce startup FirstClub has secured $55 million (approximately ₹512 crore) in a Series B funding round led by Peak XV Partners and Sofina, with participation from existing investors Accel, RTP Global, and Paramark Ventures. The fresh capital will help the company accelerate its expansion across India, strengthen its technology and supply chain infrastructure, … Read more

Baskit Raises $4.4M to Scale Supply Chain Platform Across Southeast Asia

Baskit Founder

Indonesian supply chain startup Baskit has raised $4.4 million in the first tranche of its Series A funding round, led by Cento Ventures, with participation from Kaya Founders, Analog Ventures, and Orvel Ventures. In addition to equity funding, the company has secured a $3 million revolving credit facility from HSBC Innovation Banking, bringing its total … Read more