Banana Club raises see round, opens flagship store at BLR

India’s youth centric brand Banana Club has opened its flagship store at HSR Layour in Begalure. Spread over 10,000 sq ft., shoppers can explore the all-new festive collection crafted to bring premium fabrics, perfect fits and stylish designs together for every occasion.

The 16th store for the brand comes on the heels of a massive expansion plan laid out over the years and ever since the brand took the omnibus-channel approach in 2022.

Neel Bafna, Founder, said. “Banana Club has officially raised the highest amount ever and achieved the highest valuation on Indian television history. From fabric rolls to boardrooms, this journey has been nothing short of wild”, on his Linkedin Post on 21 Oct. 2025.

Pitch To Get Rich on Jio Hotstar didn’t just showcase our brand it showcased our mindset. How we think, how we move, and how we turn the tables when it matters.

They say everything is fair in love, war and business you’ll see exactly what that means on the show. Here’s to the team, the belief and the madness that built Banana Club.”

The Founders have recently raised INR 12.5 Cr in its first seed round, valuing the brand at INR 245 Cr.

Founded in 2011 by Neel Bafna along with Prashant Lalwani, the D2C brand offers high-street western wear, inspired by runway and global street styles and aims to open 100 stores with over INR 100 Cr in revenues.

With minimalistic interior, stunning visuals and an easy-to-pick visual merchandising, the store certainly looks attractive.

Editor’s Note

Despite having no prior experience in digital business, Banana Club had achieved profitability within six months of launching on platforms like Myntra and Ajio.

Founder Bafna credits it to his heritage – For over a decade, we focused on operational excellence and sustainability, values rooted in our Marwari heritage, he notes.

No doubt that the extraordinary Marwari community has shone over the decades across various businesses, especially consumer products.