SNITCH Shark Tank India Success Story | Revenue, Funding & Valuation
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SNITCH Shark Tank India Success Story
SNITCH, one of India's fastest-growing fashion startups, has become a household name after its appearance on Shark Tank India. Known for its stylish, affordable, and fast-fashion menswear, SNITCH is revolutionizing how Indian men shop for clothing online.
How SNITCH Started
Founded by Siddharth Dungarwal in 2019, SNITCH initially began as a B2B brand, supplying trendy clothing to retailers. However, the COVID-19 pandemic pushed the brand to pivot towards a D2C (Direct-to-Consumer) model, launching its online store. This move turned out to be a game-changer, allowing the brand to directly connect with Gen Z and millennial customers who prefer online shopping.
SNITCH on Shark Tank India
SNITCH gained national attention when it appeared on Shark Tank India Season 2. The pitch impressed all the Sharks with its strong business model, trendy product line, and impressive sales figures. Siddharth asked for funding to scale operations and expand the product line.
The Shark Tank Deal
On Shark Tank India, SNITCH secured a deal that helped boost its credibility and brand value. The Sharks were impressed with its marketing strategies and its ability to cater to the ever-changing fashion trends in India.
SNITCH Revenue Growth
SNITCH has shown massive growth in a short span of time. Its focus on affordable fashion and quick product launches has made it a favorite among young Indian men.
SNITCH Valuation Table
| Year | Revenue (Approx.) | Valuation (Approx.) |
|---|---|---|
| 2019 | ₹1 Crore | ₹3 Crore |
| 2020 | ₹5 Crore | ₹18 Crore |
| 2021 | ₹20 Crore | ₹40 Crore |
| 2022 | ₹60 Crore | ₹150 Crore |
| 2023 | ₹120 Crore | ₹300 Crore |
Why SNITCH Stands Out
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Fast-Fashion Model: Launches new styles frequently, keeping pace with trends.
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Affordable Pricing: Targets Gen Z and millennial audiences with budget-friendly fashion.
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Strong Online Presence: Focused on digital-first strategies, social media marketing, and influencer collaborations.
Future of SNITCH
SNITCH plans to expand its product line beyond menswear and enter global markets. With rising revenues and strong brand recall, SNITCH is set to become one of India’s leading fashion labels.
Known SNITCH Outlet Locations & Recent Openings
| City / Region | Outlet Details |
|---|---|
| Vapi, Gujarat | New store in Fortune Park, ~1,800 sq ft. 9th outlet in Gujarat. |
| Dehradun | Rajpur Road, ~3,200 sq ft. This was the 25th SNITCH store in India. |
| Bengaluru, HRBR Layout (Kalyan Nagar) | The 50th store opened here. |
| Hubli, Karnataka | Latest outlet in Karnataka (9th in Karnataka, 38th overall in India). Store size ~3,567 sq ft. |
| Indore, Madhya Pradesh | Phoenix Citadel Mall; about 2,545 sq ft. Indore store was the 24th in India. |
| Pune | NIBM Annexe in Mohammed Wadi neighbourhood. Called ‘NIBM Tribeca’ store; second store in Pune. |
| Delhi-NCR | New stores in Noida (Sector 50) and Janakpuri, West Delhi. These contributed to SNITCH having ~72 stores across 36 cities. |
| Ahmedabad, Surat, Vadodara, Gandhinagar, Rajkot | Gujarat has multiple stores (9+), including the ones listed. |
What We Know About Their Store Network
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As of August 2025, SNITCH reportedly has 72 stores across 36 cities in India.
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Their expansion is focused on Tier-1 and Tier-2 cities, with moves into Tier-3 and emerging markets.
Conclusion
The SNITCH success story is a perfect example of how Indian startups are using e-commerce, digital marketing, and Shark Tank exposure to build scalable businesses. From being a B2B supplier to becoming a D2C fashion powerhouse, SNITCH has truly stitched its name into India’s startup success stories.
FAQs (Frequently Asked Questions)
SNITCH was founded by Siddharth Dungarwal in 2019.
SNITCH appeared on Shark Tank India Season 2 and impressed the Sharks with its business model and sales figures.
As of 2023, SNITCH is valued at approximately ₹300 Crore, with revenues crossing ₹120 Crore.
Hi, I'm Vartika Saha, a freelance content writer based in Delhi, currently pursuing my B.Com from Shri Ram College of Commerce (SRCC). I have a strong passion for writing and love creating content that’s engaging, informative, and SEO-friendly. With every project, I aim to deliver well-researched, reader-focused pieces that leave a lasting impact. I'm always looking for new opportunities to grow and collaborate in the world of content creation.
