On Ganesh Chaturthi, Snitch founder Siddharth Dungarwal announced the launch of the brand’s third warehouse—a sprawling 100,000 sq. ft. facility in Manesar, Gurugram. This milestone warehouse, now fueling the company’s North India retail push and powering deeper online penetration, marks a remarkable journey: just five years ago, Snitch had no warehouses or racks. Today, they’re operating on a scale that once seemed like a distant dream.
Dungarwal’s post captured the emotion: “Goosebumps when I entered today… five years back we had no warehouse, not even racks and now standing inside this mammoth space, it feels surreal.” He credited the relentless commitment and hustle of his team and shared an inspiring note:
“Sapne woh raaste hain, jo andhere mein bhi roshni dikhate hain. Zindagi chahe kitni bhi thakaan de, Ye chhote-chhote khwab hi hain jo humein jeetne ki wajah dete hain.”
Check out his post on Linkedin:
Snitch Doubles Down on Retail
Earlier this month, Snitch pulled off another feat: opening two retail stores in one day—
store 71 in Janakpuri, Delhi, and store 72 in Noida’s Sector 50. The brand’s ability to activate stores rapidly, without aggressive discounts or “huge marketing,” is grounded in pure consumer love and operational excellence. For Dungarwal and his team, “execution” has become the biggest competitive edge.
Snitch isn’t stopping here. The current strategy aims for 100 offline stores across India by the end of 2025, with a particularly strong focus on ramping up North India presence.
Backed by Investors: Recent Funding Fuels Scale and Innovation
Snitch’s momentum caught the eye of the investment community. In June 2025, the brand raised a $40 million Series B round led by 360 One Asset Management, with participation from IvyCap Ventures, SWC Global, Ravi Modi Family Office, and other angels. This capital infusion is set to power store expansion, entry into quick commerce, new product launches, and the brand’s emerging international ambitions. The company is also known for integrating advanced ERP systems and data analytics within its supply chain to handle explosive growth.
Snitch, founded in 2020, now boasts 55+ retail stores, with a projected revenue of ₹241 crore (FY24) and double-digit profitability, establishing it as one of India’s most disruptive new-age fashion brands.
The Founder’s Journey and Shark Tank Breakthrough
Siddharth Dungarwal’s story is emblematic of hustle. After early entrepreneurial ventures in men’s apparel, Dungarwal saw a gap in India’s fast-fashion market and launched Snitch as a D2C brand in 2020. His passionate pitch on Shark Tank India Season 2 was a turning point, where he secured an all-shark deal (₹1.5 crore for 1.5% equity), propelling both the brand’s popularity and revenue.
SNITCH’s story from bootstrapped beginnings to multi-crore funding rounds, massive warehousing, and omnichannel retail has become a reference point for young Indian entrepreneurs—showing that with relentless execution and inspired leadership, big dreams are possible. Post-Shark Tank, Snitch achieved a 30% revenue jump, broadened its reach, and continues to earn accolades for blending style, modernity, and Made-in-India pride.
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