🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Pods

Back

SamCtrlPlusAltMan
•

OpenAI • 9m

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 replies47 likes

Replies (1)

Ronak Patel

Here you go! • 9m

Amazing guy🙌

0 replies

Recommendations from Medial

Mahendra Lochhab

Content creator • 2m

Indian brand that giving tough competition to ZARA and H&M. Siddharth Dungarwal opened his first men's wear store at the age of 18. Later he started B2B men's wear brand 4M Clothing. In 2019, Siddharth launched a direct to customer men's wear brand

0 replies26 likes

CA Jasmeet Singh

In God We Trust, The... • 6d

How 👟 Snitch Made Men’s Fashion Viral on Instagram! Brand: Snitch Founded: 2019 (pivoted to D2C in 2020) Founder: Siddharth Dungarwal HQ: Bengaluru, India --- The Problem ❌ Men’s fashion = boring, limited, outdated styles No trendy, affordable

3 replies35 likes

Natwar Agrawal
•

Bacca Bucci • 7m

Hi everyone! I’m Natwar, the founder of Bacca Bucci as seen on Shark Tank India! Bacca Bucci is a next gen footwear and lifestyle brand born out of India and bootstrapped for the longest of time with 50+ Cr in annual revenue. Ask me anything ab

89 replies78 likes

Anonymous

Hey I am on Medial • 5m

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!

16 replies23 likes

Anonymous

Hey I am on Medial • 10m

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

0 replies5 likes

Medial User

Hey I am on Medial • 1m

Shark tank pe jo vompeny 40 /50 Lac loss karti he usko funding milta he vo bhi big deal wow i dont undstand but no one can do real wanted person funding ....? why

3 replies9 likes

atul pingle

Your Tailor designer... • 3m

We planning to start new venture for all those who willing to start Men's Online/offline fashion brand.. Need investment 20 lakhs with 10%equity.. with this venture we are the only one who offering such services.. any one interested can connect. su

3 replies1 like

Havish Gupta

Figuring Out • 2m

This guy built a ₹100 crore ARR company bootstrapped and is now aiming for an IPO. This is the story of Snitch, a fast fashion brand for men started by Siddharth in 2020. So Siddharth used to sell ready made clothes to businesses, but when COVID hi

9 replies16 likes

Anonymous

Hey I am on Medial • 1m

All shark deals in Shark Tank India Season 4 1. The Naturik Co [S04E18] - Aman, Anupam, Kunal, Peyush & Vineeta - ₹4 Cr for 22.2% Equity 2. Clapstore Toys [S04E22] - Aman, Anupam, Kunal, Peyush & Vineeta - ₹1 Cr for 10% Equity 3. Offmint [S04E28]

1 replies15 likes

Krishna Bhargav

Keep things Simple • 1y

After the appearance of Snitch in the shark tank, many small companies have spung up marketing aggressively on social media with the same old mediocre "hoodies" and "baggie pants" or "loose neck shirts"..what people don't focus is on the fact that th

4 replies3 likes