Men’s apparel brand Snitch aims to achieve a gross merchandise value (GMV) total of Rs. 600 crore by the end of the 2024 financial year on 31st March. The DTC business has maintained a quarter-on-quarter revenue growth rate of 30 per cent to 35 per cent for the past two years and expects to see double-digit growth continue.
Snitch has reached a GMV of Rs. 400 crore and is optimistic that this will climb quickly going forward. The company is also growing its offline presence throughout India and credits this growth to a recent 35 per cent–40 per cent increase in revenue and sales.
“This achievement reflects the trust and support of our valued customers, as well as the dedication and hard work of our entire team,” said Snitch’s founder Siddharth Dungarwal.
Recently, Snitch completed a Series A funding round, raising Rs. 110 crore. The company intends to utilise the money to increase its retail presence.
Bharat Tex Special Report 2026 
