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 | 820 3 minutes read
In a defining moment for India’s fashion and entrepreneurial landscape, Banana Club has officially raised the highest amount ever which is ₹12.25 crore against a valuation of ₹245 crore, setting a new benchmark on Pitch To Get Rich.
The homegrown omnichannel menswear brand has captured the confidence of investors and audiences alike, standing as a testament to the power of vision, creativity, and youth-driven innovation.
Founded by Neel Bafna and Prashanth Lalwani , Banana Club has rapidly emerged as one of India’s fastest-growing fashion brands. With its focus on high-quality, fast fashion for young India, the brand has built a strong foundation in one of the country’s most aspirational categories redefining how men experience and express style. Its omnichannel approach, combining digital innovation with exclusive brand outlets, ensures a seamless and elevated shopping experience nationwide. The Brand has 16th Store so far.
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 Banana Club, 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.