Angel Investments
Menswear brand Banana Club raises Rs.12-Cr
Indian Startup News Entrepreneur Banana Club
Bengaluru-based omnichannel menswear brand Banana Club has raised INR 12.25 crore at a valuation of INR 245 crore (over USD 27 million) through the ‘Pitch To Get Rich’ platform.Founded in 2011 by Neel Bafna, Banana Club specializes in fast fashion for young India. Operating on a direct-to-consumer model, the brand sells through both physical stores and online platforms. The new funds will be used for business expansion and for opening a flagship store in HSR Layout, Bengaluru.
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