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Menswear fashion brand Banana Club has strengthened its retail presence with the inauguration of its 20th store in Tirupati, advancing its ambitious expansion plans across India.
The latest outlet comes on the heels of the company's recent store launches in Mysore and Hyderabad's Himayatnagar, further reinforcing Banana Club's growing footprint in South India. The Tirupati store aligns with its strategy to deepen market penetration while accelerating nationwide growth.
With the addition of the Tirupati outlet, Banana Club now operates 20 stores across key markets including Bengaluru, Hyderabad, Mumbai, Indore, and Chennai. The brand has set an aggressive target of expanding its retail network to 50 stores by the end of the year.
Established in 2023 by Neel Bafna and Prashanth Lalwani in Bengaluru, Banana Club follows an offline-first approach in the men's fashion segment. The company remains focused on expanding across major urban centres to cater to the increasing demand for contemporary menswear.
In addition to its brick-and-mortar presence, Banana Club reaches consumers through its direct-to-consumer website, mobile applications, and leading online marketplaces such as Myntra.
The company also gained investor attention in 2025 after raising Rs 12.25 crore at a valuation of Rs 245 crore through the television show Pitch to Get Rich on JioHotstar.
Banana Club currently operates at an annualised revenue run rate (ARR) of Rs 150 crore and is targeting an ARR of Rs 300 crore by 2027, reflecting its confidence in sustained growth and market expansion.
