Luxury watchmaker Argos Watches has successfully raised ₹6.5 crore (approx. $761,000) in a recent funding round, pegging the homegrown brand’s valuation at ₹45 crore. The round saw participation from a diverse pool of angel investors, marking a significant milestone in the brand’s journey to redefine Indian watchmaking.
The infusion of capital will be directed toward ramping up product innovation, scaling digital outreach, and deepening brand presence across India’s fast-growing luxury segment.
As part of its expansion strategy, Argos has unveiled Olympus—a flagship timepiece it touts as India’s first mechanical watch with a power reserve indicator. This landmark launch underscores the brand’s commitment to marrying traditional craftsmanship with modern engineering.
“This investment validates our mission to offer Indian consumers world-class, precision-engineered mechanical watches,” said M Channiwala, founder of Argos Watches. “Olympus is a testament to our passion for horology—an elegant fusion of form and function created for discerning collectors and enthusiasts.”
Operating via a direct-to-consumer model, Argos retails its collections exclusively through its official website, maintaining a sharp focus on quality control, customer engagement, and brand integrity.
With investor confidence and a bold vision, Argos Watches is poised to emerge as a key player in India’s evolving luxury timepiece landscape.
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 in a funding round at a valuation of Rs 45 crore from a host of angel investors.){kind=link}