SNITCH

SNITCH

Online-first brand specializing in men’s apparel

Founded

2018

Headquarters

Bengaluru (India)

Status

Series B

Company Details

Snitch is a leading digital-first men’s fast-fashion brand. Snitch has rapidly evolved from a B2B apparel supplier to a direct-to-consumer (D2C) powerhouse, catering to the fashion-forward, budget-conscious Indian male aged 18–35. Snitch’s unique value proposition lies in its speed-to-market: the company refreshes its collection every 15 days, launching over 3,000 new styles annually. This agile approach, combined with limited-edition drops and a robust digital presence, has positioned The brand’s omnichannel strategy includes a thriving e-commerce platform, partnerships with leading marketplaces (Amazon, Flipkart, Myntra, Ajio) and a rapidly expanding offline retail footprint, with over 30 stores across major Indian cities.

Core Products and Services

  • Men’s Apparel: Trendy shirts, T-shirts, jeans, trousers, shorts and co-ord sets designed for Gen Z and millennial men.

  • Innerwear & Accessories: Includes innerwear, perfumes, belts, wallets and fashion accessories.

  • Limited-Edition Collections: Fast-fashion drops with new styles launched every 15 days, featuring exclusive and limited-edition pieces.

  • Omnichannel Shopping: Seamless shopping experience via the SNITCH website, mobile app and 30+ offline retail stores.

  • Collaborations: Special collections and partnerships with influencers and celebrities.

  • Tech-Enabled Features: App-based virtual try-ons, video commerce and personalized shopping experiences.

Business Model & Revenue Streams

  • Direct-to-Consumer (D2C) Sales: The primary revenue channel, with 90% of business coming from online sales via Snitch’s website and mobile app.

  • E-Commerce Marketplaces: Sells through Amazon, Flipkart, Myntra, and Ajio to expand reach and leverage established customer bases.

  • Offline Retail Stores: Operates 30+ stores in metro cities, aiming for 40+ by 2026.

  • B2B and Reseller Partnerships: Started as a B2B supplier and continues to serve select bulk buyers and resellers.

  • Subscription Services: Offers exclusive access, discounts and early product drops to subscribers, generating recurring revenue.

  • Collaborations & Licensing: Limited-edition collections with influencers and celebrities; potential for licensing brand IP for merchandise.

Customer Segmentation

  • B2C: Gen Z and millennial men seeking trendy, affordable fashion.

  • B2B/Reseller: Bulk buyers, retailers and resellers, especially in early growth phase.

Growth Strategy

  • Market Expansion: Aggressive offline retail rollout in metros and tier-1 cities; plans for plus-size and new product categories.

  • Product Innovation: Regularly launches new collections and tech-driven features (virtual try-ons, video commerce).

  • Brand Building: Influencer and celebrity collaborations, strong social media presence, and community engagement.

  • Operational Scale: Large warehouse in Bengaluru (100,000+ sq ft) to support logistics and inventory growth.

Key People

Naveen Jain

Aniket Singh

Chetan Siyal

Key Metrics

Total Equity Funding

$46 Million

No. of Funding Rounds

3

Latest Funding Round

$33 Million, Series B

as of May 29, 2025

Post Money Valuation

$294 Million

as of May 29, 2025

Funding Multiple

6.39

as of May 29, 2025

Investors

360 One

and 2 more

Employee Count

304

Similar Companies

Atlan

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
May 29, 2025Series B$33 Million$294Million-- SWC, IvyCap Ventures Advisors
December 2, 2023 Series A$13.3 Million$62.2 Million$22 Million - SWC, IvyCap Ventures Advisors
January 30, 2023Angel$184 K--- Shark Tank

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