“When it comes to First Club, people browse a lot. People order 10 to 11 items in a basket, and the reason why it's happening is people spend a lot of time on the app, and that reason is again like, you know what, there are like so many good products, there are so many good brands, let me browse, let me discover, right?”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from Ayyappan Rajagopal
AssertionNot checkable as stated
Rajagopal claims 70% of Indian quick commerce revenue comes from unhealthy products
“For them, 60 to 70% of the business are coming from products which have these ingredients.”
Ayyappan RajagopalMar 12, 2026▶ 12:57The $600B Grocery Market Is Obsessed With Speed — FirstClub Is Betting on Quality | Ayyappan
Disclosure
Rajagopal: FirstClub will reject retail media revenue and ban product-level ads
“In our platform, for example, it is going to be a zero PLA platform. No product level ads at all.”
Ayyappan RajagopalMar 12, 2026▶ 33:56The $600B Grocery Market Is Obsessed With Speed — FirstClub Is Betting on Quality | Ayyappan
Opinion
Rajagopal: Myntra beat Amazon in fashion despite smaller selection and higher prices
“Myntra did not have a very large selection compared to Amazon Flipkart, the number of products. Same with pricing. Myntra did not sell it for a cheap price. Myntra did not give a faster delivery. In spite of that, Myntra is a much larger brand when it comes to…”
Ayyappan RajagopalMar 12, 2026▶ 39:41The $600B Grocery Market Is Obsessed With Speed — FirstClub Is Betting on Quality | Ayyappan
“If you take the color off, you cannot differentiate one app over the other. So everybody was so obsessed with, like, delivery in 10 minutes, last minute app, and I'm here for your urgency.”
Ayyappan RajagopalMar 12, 2026▶ 4:56The $600B Grocery Market Is Obsessed With Speed — FirstClub Is Betting on Quality | Ayyappan
PredictionNot checkable as stated
Rajagopal: Celebrity-driven consumer brands won't build massive businesses in India
“If any of the old consumer brands are doing it, I don't think they'll be able to build a massive business in the decades to come, right?”
Ayyappan RajagopalMar 12, 2026▶ 10:51The $600B Grocery Market Is Obsessed With Speed — FirstClub Is Betting on Quality | Ayyappan
AssertionContradicted
Rajagopal: Every biscuit brand in India contains palm oil
“Go and look at any biscuit brand. Big, medium, small. Every single biscuit brand will have palm oil in it.”
Ayyappan RajagopalMar 12, 2026▶ 11:32The $600B Grocery Market Is Obsessed With Speed — FirstClub Is Betting on Quality | Ayyappan
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