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Snitch - About the company

Snitch is a series B company based in India, founded in 2018 by Siddharth Ramesh Dungarwal. It operates as an Internet first brand offering casual wear for men. Snitch has raised $53.3M in funding from investors like IvyCap Ventures, SWC and 360 One, with a current valuation of *****. The company has 7075 active competitors, including 221 funded and 302 that have exited. Its top competitors include companies like Bewakoof, The Bear House and XYXX.

Company Details

Internet first brand offering casual wear for men. The brand offers trendy apparel like shirts, jeans, trousers, T-shirts, and accessories targeted at young men with personalized recommendations, early access to wishlisted items, and loyalty programs via its iOS and Android apps
Social
XFacebook
Registered Address
No 1/1, 1st, 2nd, 3rd, 4th, 5th, Floors, St.Johns Chruch Road, Bharathinagar, Fraser Town, Bangalore, Bangalore North, Karnataka, India, 560005
Key Metrics
Founded Year
2018
Location
Stage
Series B
Total Funding
$53.3M in 2 rounds
Latest Funding Round
Post Money Valuation
***** as on Jul 03, 2025
Ranked
Annual Revenue
₹506Cr as on Mar 31, 2025
Employee Count
944 as on Aug 31, 2025
Similar Companies
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Snitch's funding and investors

Snitch has raised a total funding of $53.3M over 2 rounds. Its first funding round was on Dec 02, 2023. Its latest funding round was a Series B round on May 29, 2025 for $*****. 5 investors participated in its latest round. Snitch has 6 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Snitch:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 29, 2025
9237895
Series B
6369928
4510154
9306583
1441037
Dec 02, 2023
7088654
Series A
2277963
9278418
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Snitch's founders and board of directors

Founder? Claim Profile
The founders of Snitch is Siddharth Ramesh Dungarwal. Siddharth Ramesh Dungarwal is the CEO of Snitch.
Here are the details of Snitch's key team members:

Snitch's Board of Directors

Snitch's board has 5 active members. Siddharth Ramesh Dungarwal, Chetan Naik and Ashish Wadhwani are part of team and Ramesh Sampathraj Dungarwal and Reema Siddharth Dungarwal are independent board members.
Here is the list of Snitch's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
0y 4m
Investor
-
Current
1y 9m
ihwcxmv
Investor
-
Past
7y 6m
Independent board member
-
Current
0y 4m
kwvnpaf
Independent board member
-
Current
9y 9m

Snitch's employee count trend

Snitch has 944 employees as of Aug 25. Here is Snitch's employee count trend over the years:
Employee count trend for Snitch
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Snitch's Competitors and alternates

Top competitors of Snitch include Bewakoof, The Bear House and XYXX. Here is the list of Top 10 competitors of Snitch, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Bewakoof
Bewakoof
2011, Mumbai (India), Acquired
Online retailer of fashion apparel and accessories for men and women
$39.5M
77/100
2nd
Logo for Snitch
Snitch
2018, India, Series B
Internet first brand offering casual wear for men
$53.3M
75/100
3rd
Logo for The Bear House
The Bear House
2017, Bengaluru (India), Series A
Retailer of men's apparel and accessories
$5.95M
72/100
4th
Logo for XYXX
XYXX
2017, Surat (India), Series C
Online retailer of clothing, apparel, and innerwear items for men
$38.8M
71/100
5th
Logo for Cotopaxi
Cotopaxi
2013, Cottonwood (United States), Series B
Internet first brand offering casual wear for men and women
$74.9M
70/100
6th
Logo for True Religion Apparel
True Religion Apparel
2002, Los Angeles (United States), Acquired
Internet first brand of fashion apparel wear for men and women
-
69/100
7th
Logo for Everlane
Everlane
2010, San Francisco (United States), Series C
Internet-first brand offering multi-category fashion products
$90.2M
67/100
8th
Logo for Brooks Brothers
Brooks Brothers
1818, New York City (United States), Acquired
Retailer of men's and women's apparel and accessories
-
66/100
9th
Logo for Bonobos
Bonobos
2007, New York City (United States), Acquired
Internet first brand offering fashion apparel for men
$128M
65/100
10th
Logo for Nobero
Nobero
2014, Hyderabad (India), Acquired
Retailer of fashion apparel and athleisure clothing for men and women
$300K
-
64/100
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Snitch's Latest cap tables and shareholding

Founders (largest shareholder) own 47.27%, Funds own 29.25%, Enterprises own 0.81% and Angels own 0.52%. The net worth of Snitch's founders is INR 1,190Cr as of Jul 03, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
47.27%
1,190Cr
9450770
4450184
2313361
1905355
5847713
4060594
7349397
2063638
9957829
1816970
Fund
29.25%
738Cr
5788068
4572624
9767377
2666164
6240535
7280422
8056703
8619928
1241859
2036341
3154150
7075892
4084647
5540337
1887124
2314178
41891
66200
76406
73356
57389
50579
Enterprise
0.81%
20.3Cr
0
0
0
0
Angel
0.52%
13Cr
0
0
0
0
Other People
15.76%
397Cr
8792194
1173596
3746123
1514576
ESOP Pool
6.40%
161Cr
469052
971511
411591
629916
Total
100.00%
2,520Cr
7281788
2404027
2186747
8492851
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Snitch's Shareholding

Snitch's Investments and acquisitions

Snitch has made no investments or acquisitions yet.

Reports related to Snitch

Here is the latest report on Snitch's sector:

News related to Snitch

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Media has covered Snitch for a total of 15 events in the last 1 year, 11 of them have been about company updates and 2 about partnerships.
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FAQs about Snitch

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