Snitch has acquired women's western wear label Berrylush, its first move outside menswear, in a deal announced by founder Siddharth Dungarwal on Instagram.
The consideration, the stake acquired, the closing date and the future roles of Berrylush's founders are all undisclosed.
Berrylush has raised about $970,000 from TMRW and Klub; Snitch has raised roughly $53 million and was valued at around ₹2,500 crore at its Series B.
The acquisition rests on a single company announcement. No joint statement, regulatory filing or independent confirmation of the terms was available.
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