Snitch, India’s fastest-growing D2C menswear brand, has secured up to USD 40 million in a Series B funding round led by 360 ONE Asset. The investment also saw participation from IvyCap Ventures, SWC Global, the Ravi Modi Family Office (of Manyavar fame), and other angel investors.
The capital will fuel Snitch’s bold expansion goals:
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Growing its offline presence from 55+ to 100+ stores by end-2025
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Entering quick commerce to offer fashion delivered within hours
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Launching new apparel and lifestyle categories
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Piloting global markets
Siddharth Dungarwal, Founder & CEO, described this round as validation of the brand’s vision—an Indian menswear brand built on speed, belief, and customer-centricity ready to compete on a global stage. With 120% YoY growth and a strong omnichannel model, Snitch is now preparing for international expansion and a future IPO.
360 ONE Asset’s Chetan Naik praised Snitch’s lean, design-led business model and ability to maintain profitability while scaling quickly, calling it a “category-defining” brand in the making.
IvyCap Ventures and SWC Global reaffirmed their commitment, citing Snitch’s superior supply chain, tech agility, and ability to engage India’s Gen Z and millennial male shoppers as reasons for continued support.
Founded in 2020, Snitch has made its mark by blending drop-driven fast fashion with a digital-first strategy and rapid design cycles. Its previous ₹110 Cr Series A in 2023 laid the groundwork for tech upgrades and retail expansion.
PwC India served as the exclusive financial advisor on the deal, while JSA acted as legal counsel.
