Mumbai: Banana Club, India’s fast-growing omnichannel menswear brand, has raised a record-breaking ₹12.25 crore at a valuation of ₹245 crore, marking the highest-ever funding achieved on Indian television history through Pitch To Get Rich.
This achievement positions the brand as a leader in India’s dynamic fashion and startup ecosystem, reflecting strong investor confidence in its brand vision, creativity, and youthful innovation.
Founded by Neel Bafna and Prashant Lalwani, Banana Club has redefined men’s fashion in India through its focus on high-quality, fast-fashion apparel tailored for the country’s aspirational youth.
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By combining digital commerce with exclusive brand outlets, the company’s omnichannel strategy ensures a seamless shopping experience for customers across India.
Banana Club Expands Retail Footprint
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Neel Bafna, Founder of Banana Club, said, “Pitch To Get Rich was a turning point for us, validating our mission to build an Indian fashion brand with global ambition. The record-breaking funding and flagship store launch reflect the trust and love of our customers and investors.”
Prashant Lalwani, Founder of Banana Club, added, “Banana Club exemplifies how Indian fashion entrepreneurship is evolving with scale and precision. The funding milestone and retail expansion are the beginning of a strong roadmap for Made-in-India fashion brands ready to compete globally.”
With multiple new stores in the pipeline, the brand is set to continue its growth trajectory, strengthening its presence across India’s rapidly expanding men’s fashion market.
