D2C fashion brand Snitch has raised $39.6 Mn (about INR 338.4 Cr) in its Series B funding round, led by 360 ONE Asset.
The funding will be used to increase the number of offline retail stores to over 100 by the end of 2025, enter the quick commerce space, launch new product categories, and pilot operations in international markets.
Snitch plans to boost its product offerings, expand offline stores, and make international footprints, entering pluswear, bag, footwear, and sunglasses categories, with 50 new stores set to open soon.
The startup aims to achieve a top line of INR 1,000 Cr in FY26 and plans for an IPO when it reaches a bottom line of INR 100 Cr.