In a landmark moment for India’s fashion and entrepreneurial ecosystem, Banana Club has raised a record-breaking ₹12.25 crore at a valuation of ₹245 crore, setting a new benchmark on the startup reality platform “Pitch To Get Rich.”
The achievement marks the highest funding ever raised on the show, underscoring investor confidence in the brand’s vision, creativity, and youth-driven innovation.
Co-founded by Neel Bafna and Prashanth Lalwani, Banana Club has swiftly risen to prominence as one of India’s fastest-growing homegrown fashion brands. The Bengaluru-based omnichannel menswear label is redefining how young Indian men experience and express style—combining runway-inspired designs, in-house manufacturing, and a seamless digital-to-store retail experience.
Empowering Modern Indian Fashion
With a rapidly growing footprint, Banana Club now operates 16 stores across India, backed by strong e-commerce operations that extend its reach nationwide. The brand’s omnichannel model integrates digital innovation with exclusive retail outlets, delivering an elevated, fashion-forward experience to consumers across metros and emerging cities alike.
Speaking on the milestone, Neel Bafna, Founder of Banana Club, said:
“Pitch To Get Rich was a turning point for us — a moment that validated our belief in building an Indian fashion brand with global ambition. We’re excited to continue offering high-quality, aspirational fashion designed for the modern Indian man.”
Co-founder Prashanth Lalwani added:
“Banana Club represents how Indian fashion entrepreneurship is evolving with strategy, creativity, and scale. This record-breaking funding marks just the beginning — we’re building not just a brand, but a movement for Made-in-India fashion that can compete globally.”
About Banana Club
Banana Club is a premium menswear brand proudly made in Bharat, for Bharat. The company’s mission is to deliver the latest global fashion trends at affordable prices, redefining men’s fashion for a new generation. Through trend forecasting, in-house production, and meticulous quality control, Banana Club ensures that each product reflects superior craftsmanship and contemporary style.
From trendy designs to exceptional service, Banana Club continues to emerge as a one-stop destination for accessible, high-quality fashion — blending global sensibilities with an Indian touch.
By: Arushi Agarwal
