Argos Watches raises Rs 6.5 crore in an Angel funding round. The funding will be used to create new products, build brand awareness, and grow online.
Amount Raised
₹65 Million
Round Type
Pre-Seed
SuratE CommerceFashionRetailLifestyleJewelryDescription
Indian luxury watch brand Argos Watches has raised Rs 6.5 crore (around $780K) in an angel funding round, valuing the company at Rs 45 crore ($5.4 million) from a group of high-net-worth Indian investors. The proceeds will be used to create new products, build brand awareness, and grow online. Founded by Mustafa Channiwala and Husain Tohfafarosh, Argos offers high-quality, vintage-style automatic and hand-wound watches. As of 2025, Argos remains bootstrapped, with an estimated revenue of around $580,000 annually.
Quick answer
Argos Watches raised ₹65 Million in a Pre-Seed round, dated April 2, 2025. Argos Watches is based in Surat, Gujarat, India.
- How much did Argos Watches raise?
- Argos Watches raised ₹65 Million in a Pre-Seed round on April 2, 2025.
- What does Argos Watches do?
- Argos brand offers high-quality, vintage-style automatic and hand-wound watches at affordable prices.
- Where is Argos Watches based and how big is it?
- Argos Watches is based in Surat, Gujarat, India. Fundz records about 3 employees.
Source: Fundz verified event record.
Who else raised in E Commerce and Fashion around the same time
Companies in the same sectors as Argos Watches that raised within 45 days of this round, from Fundz verified event records.
- MyDesignation raised $1.3M (Seed) on April 22, 2025.
- Jewelbox raised $3.2M (Series A) on April 16, 2025.
- Fur Jaden raised $1.1M (Pre-Series A) on April 2, 2025.
- Firefly Diamonds raised $3M (Seed) on March 25, 2025.
- Slikk raised $3.2M (Seed) on March 18, 2025.
- Rare Rabbit raised $6M (Funding Round) on February 17, 2025.
Who to call at Argos Watches, and when
A new round usually means Argos Watches is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Argos Watches raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Argos Watches, from your own LinkedIn network
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Fundz sees it the moment Argos Watches raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Argos Watches raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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