Powered by

Advertisment
Home Funding News

Argos Watches Raises Rs 6.5 Cr In Funding

The funds will be used to develop new products, boost brand awareness and expand online. It also aims to double its revenue this year.

By Jitendra swami
New Update
Argos Watches Raises Rs 6.5 Cr In Funding

Luxury watch brand Argos Watches has raised Rs 6.5 crore (around $780K) in an angel funding round from a group of high-net-worth indian investors.

The funds will be used to develop new products, boost brand awareness and expand online. It also aims to double its revenue this year.

Read also- Yatrikart Raises Funding From MMG Group

About Argos Watches

Founded in 2022 by M. Shahiwala and Husain Tohfafarosh, Argos Watches offers high-quality, vintage-style automatic and hand-wound watches at affordable prices.

It sells watches only through its website using a direct-to-consumer model, ensuring a smooth buying experience. Prices range of its watches  from Rs 8,000 to Rs 20,000.

Its Apollo series and flagship Olympus watch, a mechanical timepiece with a power reserve indicator, are popular among indian watch enthusiasts.

As of 2025, Argos remains self-funded, generating around $580,000 in annual revenue. 

The brand plans to launch more models with advanced features while strengthening its digital presence and community engagement.

Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:

Startup Funding and StoriesDiscover Funding Trends and Stories Shaping Indian Startups.

Startup Funding NewsYour Gateway to Every Funding Update.

Latest Startup NewsStay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.

Startup StoriesDiscover inspiring tales of startups overcoming challenges and achieving success.