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! ๐ Then: โข 2000+ daily orders โข 2.5% website conversions โข 5 Lakh+ app downloads โข โน9 Cr MRR โข 5% +ve EBITDA Now: โข 30-35% QoQ growth โข 8000+ SKUs โข Series A funding secured โข 13 offline stores (40 more planned) โข โน600 Cr GMV target for FY2024 How did they do it? 1๏ธโฃ Affordable mass premium fashion 2๏ธโฃ Small batch production to minimize dead stock 3๏ธโฃ Strategic offline expansion 4๏ธโฃ Customer reselling program (50% retention rate) 5๏ธโฃ Innovative social media engagement Snitch is kinda killing men's fashion in India's $50 Bn industry. Love their offline experience as well.
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