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Snitch

D2C Fashion (Menswear)Bengaluru, India

Snitch is a Bengaluru-based direct-to-consumer menswear brand selling trend-led fast fashion through its website, app and offline stores. It runs a weekly drop cycle on a vertically integrated supply chain and reached 100 stores in December 2025.

1StartupFox story
2019Founded
D2C Fashion(Menswear)Sector
Jul 2026Latest coverage

Funding

Snitch has raised $390M across 3 disclosed rounds.

$390MRaised
$279MLatest round
₹2,500CrValuation
3Events
RoundMay 2025reported
$279M
Investors360 ONE Asset, IvyCap Ventures, SWC Global, Ravi Modi Family Office
ValuationReported at around ₹2,500 crore post-allotment. Company statements put the round at up to $40 million against ₹278.93 cr
Tap any bar to see that round
Reported at around ₹2,500 crore post-allotment. Company statements put the round at up to $40 million against ₹278.93 cr
May 2025Round$279M360 ONE Asset, IvyCap Ventures, SWC Global, Ravi Modi Family Office Reported at around ₹2,500 crore post-allotment. Company statements put the round at up to $40 million against ₹278.93 cr
Dec 2023Round$110MSWC Global, IvyCap Ventures ₹500 crore
2023Round$2MAnupam Mittal, Aman Gupta, Namita Thapar, Vineeta Singh, Peyush Bansal, Amit Jain ₹100 crore, for 1.5 per cent equity

Investor roster

Every disclosed backer and how often they've written a cheque — repeat names are the strongest conviction signal on the cap table.

New · Latest lead360 ONE Asset1 round · 2025
IvyCap Ventures2 rounds · since 2023
SWC Global2 rounds · since 2023
Ravi Modi Family Office1 round · 2025
Aman Gupta1 round · 2023
Amit Jain1 round · 2023
Anupam Mittal1 round · 2023
Namita Thapar1 round · 2023
Peyush Bansal1 round · 2023
Vineeta Singh1 round · 2023
Aggregated automatically from the disclosed rounds above.

Financials

Revenue and profit after tax as filed with the Registrar of Companies.

FY24Revenuereported
₹241 Cr
PAT₹4 Cr profit
EBITDA
Growth
Basisconsolidated
Revenue reported as double the previous year. FY25 results had not been released as of mid-2025.
Tap any bar to see that year
₹ figures as filed, not restated

Leadership

The Snitch journey

2019 · founded
Launched by Siddharth Dungarwal as a business-to-business apparel brand. Sources differ on the founding year, with 2018, 2019 and 2020 all reported.
Jul 2020 · milestone
Pivoted from B2B to direct-to-consumer during the COVID-19 lockdown, launching with about 30 designs.
2023 · funding
Round — $2M, led by Anupam Mittal.
Dec 2023 · funding
Round — $110M at ₹500 crore, led by SWC Global.
May 2025 · funding
Round — $279M, led by 360 ONE Asset.
Dec 2025 · milestone
Reached 100 offline stores, with a stated target of 300 by the end of 2026.
Jul 2026 · acquisition
Acquired women's western wear label Berrylush, its first move outside menswear. Terms not disclosed.

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Frequently Asked

What is Snitch?

Snitch is a Bengaluru-based direct-to-consumer menswear brand selling trend-led fast fashion through its website, app and offline stores. It runs a weekly drop cycle on a vertically integrated supply chain and reached 100 stores in December 2025.

Who founded Snitch?

Snitch is associated with Siddharth Dungarwal.

How much funding has Snitch raised?

Snitch has raised $390M across 3 disclosed rounds. The most recent was a $279M round in May 2025.

Who are Snitch's investors?

Disclosed investors in Snitch include 360 ONE Asset, IvyCap Ventures, SWC Global, Ravi Modi Family Office, Anupam Mittal, Aman Gupta, Namita Thapar, Vineeta Singh, Peyush Bansal, Amit Jain.

What is Snitch's valuation?

Snitch was last reported at Reported at around ₹2,500 crore post-allotment. Company statements put the round at up to $40 million against ₹278.93 cr, at the time of its round in May 2025.

Is Snitch profitable?

Per its FY24 consolidated filing, Snitch reported ₹241 Cr in revenue, with a ₹4 Cr profit.

What is the latest news on Snitch?

The most recent StartupFox coverage is “Snitch Acquires Womenswear Brand Berrylush To Enter India's Women's Fashion Market” (27 July 2026). All stories are listed on this page.