Menswear brand Banana Club has raised ₹12.25 crore at a valuation of ₹245 crore, marking a record-setting milestone on Pitch To Get Rich. The funding round represents one of the highest investments received by a fashion brand on Indian television.
Founded by Neel Bafna and Prashanth Lalwani, Banana Club has built a strong presence as a homegrown omnichannel menswear brand catering to the aspirations of young Indian consumers. The company combines high-quality, trend-led fashion with an integrated retail network, operating both online and through exclusive brand outlets across the country.
The brand currently operates 16 stores nationwide and continues to expand its footprint across major Indian cities.
Speaking on the achievement, 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 are looking forward to offering high-quality fashion in aspirational categories.”
Adding to this, Prashanth Lalwani, Founder of Banana Club, said, “Banana Club is a testament to how Indian fashion entrepreneurship is evolving with scale and strategy. The record-breaking funding round marks the beginning of a strong retail expansion roadmap. With multiple new stores in the pipeline and a growing presence both online and offline, 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.”
