<ul><li>Bengaluru-based menswear brand, Snitch, has raised Rs 340 crore in a Series B funding round led by 360 One Asset, IvyCap Ventures, and SWC Global, reaching a valuation of over Rs 2,500 crore.</li><li>Snitch, founded in 2020 by Siddharth Dungarwal, plans to expand from 55 stores to 100 by the end of 2025 and explore new formats like quick commerce and international markets with the fresh capital.</li><li>The brand targets Gen Z and millennial men with high-frequency fashion collections, maintaining profitability through lean manufacturing, fast-turnaround supply chain, and releasing new designs weekly.</li><li>Snitch's growth and profitability have attracted investors like 360 One Asset and IvyCap Ventures who see its potential as a leading D2C brand in India, with a strong omnichannel strategy and capital-efficient growth.</li></ul>

Shark Tank India-featured SNITCH hits Rs 2,500 crore valuation after raising Rs 340 crore

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