Fundz

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.

PRIVATEApr 02, 2025

Amount Raised

₹65 Million

Round Type

Pre-Seed

SuratE CommerceFashionRetailLifestyleJewelry

Description

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.

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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Company Information

Company

Argos Watches

Location

Surat, Gujarat, India

About

Argos brand offers high-quality, vintage-style automatic and hand-wound watches at affordable prices.

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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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