How Much Did Snitch Raise? Funding & Key Investors

Snitch has successfully raised funding over multiple rounds, attracting significant investor interest. The platform offers a diverse range of men's fashion products, including shirts, t-shirts, trousers, and more.

Keep reading to explore the intricacies of Snitch's fundraising journey and the investors backing this innovative platform.

What Is Snitch?

Snitch is a fashion brand specializing in men's clothing and accessories. The company offers a wide range of products, including shirts, t-shirts, trousers, jeans, winterwear, and accessories. They also have premium lines called Snitch LUXE and Snitch PLUS.

Based in India, Snitch emphasizes its Indian origin with the tagline "Made in India, for the World 🌍." The brand aims to cater to a global audience, providing both online and offline shopping experiences.

How Much Funding Has Snitch Raised?

1. Angel Round
   • Amount Raised: INR 15,000,000
   • Date: January 2023
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: Initial growth and operational scaling.
2. Series A
   • Amount Raised: INR 1,100,000,000
   • Date: December 2023
   • Lead Investors: IvyCap Ventures, SWC Global
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: Expanding talent, technology, and offline retail strategies.
3. Series B
   • Amount Raised: INR 2,789,300,000
   • Date: May 2025
   • Lead Investors: 360 ONE Asset
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: Further expansion and scaling of operations.
4. Secondary Market
   • Amount Raised: INR 600,000,000
   • Date: June 2025
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: Liquidity for early investors and employees.

Total Amount Raised: INR 4,504,300,000. Current Valuation: Not publicly disclosed.

Key Investors

• SWC Global
  • Details: SWC Global is a Singapore-based venture capital firm. Tuck Lye Koh, the founding partner, has expressed confidence in Snitch's visionary approach to fast fashion.
  • Investment Focus Areas: Innovative business models, consumer needs, fast fashion.
  • Notable Investments: Snitch.
• IvyCap Ventures
  • Details: IvyCap Ventures is an Indian venture firm co-founded by Ashish Wadhwani, who will join the Snitch board. Vikram Gupta, the founder and managing partner, praised Snitch's business model and trend-setting capabilities.
  • Investment Focus Areas: Unique business models, trend-setting companies, fast fashion.
  • Notable Investments: Snitch.
• Peyush Bansal
  • Details: Peyush Bansal is the founder of Lenskart, a leading eyewear brand in India. He is known for his entrepreneurial skills and has invested in various startups.
  • Investment Focus Areas: Eyewear, e-commerce, technology.
  • Notable Investments: Lenskart, Snitch.
• Aman Gupta
  • Details: Aman Gupta is the co-founder of Boat, a popular consumer electronics brand in India. He has a strong background in marketing and business development.
  • Investment Focus Areas: Consumer electronics, marketing, technology.
  • Notable Investments: Boat, Snitch.
• Anupam Mittal
  • Details: Anupam Mittal is the founder of Shaadi.com, one of India's leading matrimonial websites. He is a well-known angel investor and entrepreneur.
  • Investment Focus Areas: Matrimonial services, technology, startups.
  • Notable Investments: Shaadi.com, Snitch.

What's Next for Snitch?

Snitch is poised for significant growth, with plans to open over 100 offline stores across India in the next 4-5 years. This expansion will be supported by the recent INR 110 crore Series A funding, which will also enhance their technological infrastructure and talent pool. The brand's strong online presence and partnerships with major marketplaces further bolster its growth potential.

Future fundraising opportunities seem promising as Snitch continues to scale. The successful Series A round and ambitious expansion plans suggest that additional funding rounds may be on the horizon to support their growth trajectory. The fast fashion industry trends, such as the integration of online and offline retail, align well with Snitch's strategy.

However, challenges remain. Navigating a competitive market with established players like H&M and Zudio, managing rapid expansion, and maintaining quality and customer satisfaction are critical hurdles. Additionally, the economic landscape and funding environment pose potential risks. Despite these challenges, Snitch's innovative approach and strong investor backing position it well for future success.

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