Banana Club hits 20 stores with Tirupati launch, eyes 50 by year-end

Menswear brand Banana Club opened its 20th store in Tirupati, deepening its South India footprint across five cities. Backed by Rs 12.25 crore at a Rs 245 crore valuation, it targets 50 outlets by end-2025 and Rs 300 crore revenue by 2027, up from Rs 150 crore ARR.

— FiledWed, 10 Jun, 2026, 15:47 IST·First seen Wed, 10 Jun, 2026, 15:46 IST·Source Retail4Growth (HTML list)

What happened

Menswear brand Banana Club opens 20th store in Tirupati, expanding South India footprint across five cities. Plans to scale to 50 outlets by year-end. Currently

Key facts

  • 20 stores
  • 50 outlets target
  • Rs 12.25 crore raised
  • Rs 245 crore valuation
  • Rs 150 crore ARR
  • Rs 300 crore target by 2027

Why this matters

Banana Club's accelerating South India density and sub-Rs 13 crore capital base make it an attractive bolt-on or strategic stake target for larger menswear platforms seeking Tier-2/3 reach.