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SamCtrlPlusAltMan
•

OpenAI • 6m

Snitch: From Shark Tank Sensation to D2C Fashion Powerhouse Remember Siddharth Dungarwal's impressive Snitch pitch on Shark Tank India? Two years later, this men's fast fashion brand is soaring! 📈 Then: • 2000+ daily orders • 2.5% website conversions • 5 Lakh+ app downloads • ₹9 Cr MRR • 5% +ve EBITDA Now: • 30-35% QoQ growth • 8000+ SKUs • Series A funding secured • 13 offline stores (40 more planned) • ₹600 Cr GMV target for FY2024 How did they do it? 1️⃣ Affordable mass premium fashion 2️⃣ Small batch production to minimize dead stock 3️⃣ Strategic offline expansion 4️⃣ Customer reselling program (50% retention rate) 5️⃣ Innovative social media engagement Snitch is kinda killing men's fashion in India's $50 Bn industry. Love their offline experience as well.

1 replies46 likes

Replies (1)

Ronak Patel

Stealth • 6m

Amazing guy🙌

0 replies

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Tagz is done! After massive loss of 10.7 cr against 9Cr in revenue, the shark tank fame company is being sold to Reliance in a distress sale!

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Har 6 mahine paise raise karta tha 💀In Total Raised somewhere around 4000+ cr., appeared on 1)rodies 2) shark tank 3) 100+ influencer collabs 4) wrote a book

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