Banana Club, the rapidly growing men’s fast fashion brand made in Bharat, for Bharat, has announced a major expansion plan to scale its presence with 50 stores by the end of 2026. Currently operating 17 stores, the brand has laid a strong foundation for nationwide growth, combining both offline retail and a robust online presence through its D2C website, mobile app, and various marketplaces across India.
Co-founded by Neel Bafna and Prashant Lalwani, Banana Club began as an offline-first brand in Bengaluru and has steadily gained popularity for its trendy and unique menswear collections. The brand has achieved ₹150 crore ARR in just 2.5 years and aims to double this to ₹300 crore ARR by 2027.
Neel Bafna, Co-founder of Banana Club, said:
“Prashant and I started this journey with a shared vision to disrupt the menswear segment. Our current operating model gives us the agility to open 33 more stores this year while maintaining the design integrity our customers love.”
Prashant Lalwani, Co-founder of Banana Club, added:
“We believe that business should be both meaningful and fun. Seeing 17 stores live today is a proud moment, but scaling to 50 stores by year-end is about bringing our ‘purpose with play’ philosophy to every corner of India. We are focused on understanding the evolving needs of our customers and identifying market trends to create brand experiences that truly resonate with modern India.”
The expansion strategy will focus on both metro and Tier-1 cities, aiming to strengthen Banana Club’s market presence while delivering consistency and an elevated shopping experience. With this blueprint, the brand is poised to bring the latest menswear fashion trends with affordability and style to customers across the country.
