Bengaluru, India – Banana Club, the rapidly growing men’s wear fashion brand proudly ‘Made in Bharat, for Bharat,’ has announced a major milestone in its expansion journey. The brand has unveiled plans to scale its retail operations to 50 stores by the end of the year.
Currently, Banana Club has 17 successful and operational stores, marking a strong foundation for its ambitious growth strategy. This upcoming expansion will significantly strengthen the brand’s market presence and solidify its position in the competitive retail landscape. By opening numerous retail stores across Pan India, Banana Club is enhancing its footprint at every level.
Staying true to its mission, the brand focuses on delivering the latest men’s wear fashion trends at affordable prices across India, leveraging in-house manufacturing and trend forecasting to maintain its edge.
A Journey of Rapid Growth
Co-founded in 2011 by Neel Bafna and Prashant Lalwani, Banana Club began as a small, single offline store in Bengaluru. Over the years, the brand has gained immense popularity for its trendy and unique fashionable menswear, steadily expanding its reach. Demonstrating its financial momentum, Banana Club closed the fiscal year with ₹150 crore in revenue by March 2026 and is now targeting an ambitious ₹300 crore in revenue by the end of March 2027.
*Visionary Leadership on the Expansion*
Neel Bafna, Co-founder of Banana Club, shared his vision on the expansion:
“Prashant and I started this journey with a shared vision to disrupt the menswear segment. Our vertically integrated model gives us the agility to open 33 more stores this year while maintaining the design integrity our customers love. This record growth allows us to scale our ‘masstige’ movement, ensuring that by the end of 2026, Banana Club is a household name for quality, ‘Made-in-India’ fashion.”
Prashant Lalwani, Co-founder of Banana Club, added:
“My journey began in Davangere with a deep-rooted belief that business should be both meaningful and fun. Seeing 17 stores live today is a proud moment, but we are just scratching the surface. Scaling to 50 stores by the end of the year 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 the modern Indian man.”
Blueprint for Pan-India Dominance
The expansion blueprint will encompass both metro cities and Tier 2 cities, driven by the motive to spread the latest menswear fashionable trends with affordability across the nation. The primary aim of this aggressive store expansion is to strengthen Banana Club’s presence across the country by delivering a consistent and elevated shopping experience.
