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

Back

SamCtrlPlusAltMan

 • 

OpenAI • 1y

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 Reply
12
47
Replies (1)

More like this

Recommendations from Medial

Mahendra Lochhab

Content creator • 8m

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

See More
Reply
3
26
Image Description
Image Description

CA Jasmeet Singh

In God We Trust, The... • 6m

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to D2C in 2020) Founder: Siddharth Dungarwal HQ: Bengaluru, India --- The Problem ❌ Men’s fashion = boring, limited, outdated styles No trendy, affordable

See More
3 Replies
23
35
Image Description
Image Description

Natwar Agrawal

 • 

Bacca Bucci • 1y

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

See More
89 Replies
20
78
Image Description

Medial User

Hey I am on Medial • 7m

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 Replies
9
Image Description
Image Description

vishakha Jangir

 • 

Set2Score • 7m

𝗛𝗼𝘄 𝗵𝗮𝘀 𝘁𝗵𝗶𝘀 𝘀𝘁𝗮𝗿𝘁𝘂𝗽 𝗲𝘃𝗼𝗹𝘃𝗲𝗱 𝗺𝗲𝗻'𝘀 𝗳𝗮𝘀𝗵𝗶𝗼𝗻 𝗶𝗻 𝗜𝗻𝗱𝗶𝗮? Founded in January 2019 by Siddharth R. Dungarwal in Bengaluru, India. Started as a B2B model, shifted to D2C during the COVID-19 pandemic. Introduces n

See More
3 Replies
4
23
Image Description
Image Description

Havish Gupta

Figuring Out • 8m

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

See More
9 Replies
1
16
Image Description
Image Description

atul pingle

Your Tailor designer... • 9m

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

See More
5 Replies
1

Download the medial app to read full posts, comements and news.