Snitch Secures INR 110 Crore Funding Led by SWC Global and IvyCap Ventures

Fast-growing Fashion D2C Brand Eyes Expansion with Plans for Over 100 Offline Stores

Fashion direct-to-consumer (D2C) brand Snitch has successfully raised INR 110 crore in a funding round led by SWC Global and IvyCap Ventures. Achieving a turnover exceeding INR 100 crore in FY23, Snitch plans to utilize the funds for talent acquisition, technological enhancements, and an extensive retail expansion strategy.

With 2 million app downloads, the brand aims to offer a seamless shopping experience, combining online and offline presence. Snitch's vision includes opening 100 offline stores across India in the next 4-5 years. The investment reflects confidence in Snitch's innovative approach to fast fashion and its commitment to reshaping the fashion retail landscape.