BANANA CLUB PITCH TO GET RICH ₹12.25 CRORE FUNDING ₹245 CRORE VALUATION RECORD-BREAKING INDIAN FASHION STARTUP NEEL BAFNA PRASHANTH LALWANI MADE-IN-INDIA ENTREPRENEURSHIP FUNDING MILESTONE RETAIL EXPANSION NATIONAL
MUMBAI, MAHARASHTRA, INDIA
By IFAB MEDIA - NEWS BUREAU - October 27, 2025 | 443 3 minutes read
Omnichannel menswear brand Banana Club has raised ₹12.25 crore in funding at a valuation of ₹245 crore, setting a new benchmark on Pitch To Get Rich.
Founded by Neel Bafna, Banana Club is redefining fast fashion for young India with a focus on high-quality, trend-led designs. The brand’s omnichannel model—seamlessly blending digital innovation with an expanding network of exclusive brand outlets—delivers a unified and elevated shopping experience to customers across the country.
Coinciding with this milestone, Banana Club has also launched its flagship store in HSR Layout, Bengaluru. Spanning 10,000 sq. ft. across four floors, the flagship marks the brand’s 16th store and features a curated collection of over 8,000 styles, reflecting its bold and contemporary aesthetic.
Speaking on the achievement, Neel Bafna, Founder of Banana Club, said that Pitch To Get Rich served as a defining moment for the brand. “The record-breaking funding and our flagship store launch represent not just growth, but a celebration of the trust our customers and investors have placed in Banana Club,” he shared.
Prashanth Lalwani, Founder of Pitch To Get Rich, commended the brand’s growth journey, adding that Banana Club embodies the next phase of Indian fashion entrepreneurship—driven by scale, strategy, and global ambition. “With multiple new stores in the pipeline, Banana Club is not just building a brand; it’s building a movement that represents the rise of modern, Made-in-India fashion businesses ready to compete globally,” he said.
With this funding and expansion, Banana Club is poised to strengthen its retail footprint, scale operations, and solidify its position as one of India’s most promising homegrown menswear brands.