Snitch Shark Tank India Season 2
Snitch
India’s fastest-growing fast fashion brand for men is called SNITCH. Their clothing designs are influenced by current fashions. They are the first in the nation to introduce men’s matched apparel, or co-ord sets. They produce goods including shirts, t-shirts, coords, denim, pants, and other items especially for guys.
Founder of Snitch
SNITCH’s founder is Siddharth R. Dungarwal
Snitch Funding Round
Company Name | Snitch |
Shark Tank India Season | 2 |
Episode No | 20 |
Season No | 2 |
Brand | Snitch |
Idea | Men’s Fashion |
Original Ask | 1.5 crores for 0.5% Equity |
Deal | 1.5 crores for 1.5% Equity |
Invested By: | Namita Thapar, Anupam Mittal, Vineeta Singh, Aman Gupta and Peyush Bansal |
At the heart of Snitch's pitch was a commitment to innovation and creativity. By blending timeless elegance with contemporary flair, Snitch aimed to create a diverse range of men's fashion essentials that would resonate with modern consumers. From tailored suits and stylish shirts to trendy accessories and footwear, Snitch offered a curated selection of premium products designed to elevate every man's wardrobe and inspire confidence and self-expression.
The Pitch:
Snitch stepped onto the Shark Tank stage with a bold vision: to revolutionize men's fashion and set new standards of style and sophistication. With an original ask of 1.5 crores for 0.5% equity, Snitch aimed to secure investment to fuel their expansion plans, enhance their product offerings, and establish themselves as a dominant force in the competitive fashion industry. With a focus on quality craftsmanship, attention to detail, and cutting-edge design, Snitch sought to captivate the hearts and wardrobes of fashion-forward men everywhere.
The Deal:
Impressed by Snitch's innovative approach to men's fashion and their dedication to quality and craftsmanship, Namita Thapar, Anupam Mittal, Vineeta Singh, Aman Gupta, and Peyush Bansal recognized the brand's potential for significant growth and success. In a strategic move, they collectively offered a deal of 1.5 crores for 1.5% equity, providing Snitch with the capital and support needed to scale their operations, expand their product line, and amplify their brand presence in the market. This partnership marked a pivotal moment in Snitch's journey and positioned them for accelerated growth and success in the competitive landscape of men's fashion.
Investors Behind Snitch
Namita Thapar, Anupam Mittal, Vineeta Singh, Aman Gupta and Peyush Bansal: With the backing of Namita Thapar, Anupam Mittal, Vineeta Singh, Aman Gupta, and Peyush Bansal, Snitch embarked on a mission to redefine men's fashion and set new standards of excellence in the industry. The infusion of capital enabled them to expand their product offerings, invest in marketing and branding initiatives, and strengthen their distribution channels to reach a wider audience of fashion-conscious consumers. As they continued to innovate and evolve, Snitch remained committed to their vision of empowering men to express their individuality and style with confidence and sophistication.
Conclusion:
Snitch's appearance on Shark Tank India Season 2, Episode 20 showcased the power of innovation and creativity in driving success in the fashion industry. With a strategic investment from Namita Thapar, Anupam Mittal, Vineeta Singh, Aman Gupta, and Peyush Bansal, Snitch was poised to disrupt the status quo and redefine men's fashion for a new generation of consumers. As they continued to push boundaries and set new trends, Snitch exemplified the transformative impact of visionary entrepreneurship in shaping the future of fashion.