Startup Atlas · D2C

Snitch Soonicorn

● Bengaluru ● Founded 2019 ● snitch.co.in ↗
Siddharth Dungarwal · Founder & CEO
$44.86 MnTotal funding (tracked)
2Funding rounds
29 May 2025Last round

Snitch: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Trend-first fashion with weekly product drops

Snitch is known for reacting quickly to fashion trends and releasing new products on a weekly cadence.

source
Trendy, affordable apparel

Positioned as a D2C fast-fashion brand offering trendy and affordable apparel for men.

source
Unconventional, trend-responsive style ethos

Snitch describes its design approach as designing styles in direct response to the latest trends.

source

Customer Segments

Gen Z and millennial men

Snitch positions itself as a fast-fashion menswear brand for young, trend-conscious men.

source
The fashion-forward modern man

Snitch's own site describes its customer as the fashion-forward modern man seeking global-inspired styles.

source

Customer Relationships

Self-service returns and exchanges7-day return window

Customers can raise a return or exchange request online within 7 days of delivery, with reverse pickup arranged by Snitch rather than requiring a call to support.

source
Direct support via Instagram and WhatsApp

Snitch handles customer service issues such as order delays, damaged products, return status, and payment problems through direct Instagram messages and a dedicated WhatsApp number rather than a traditional call center.

source
High repeat-purchase retentionRetention >100%

Company leadership reports that customer retention, measured at both order and revenue levels, exceeds 100%, indicating strong repeat purchasing behavior.

source

Channels

Own website and mobile app

Primary D2C channel — Snitch sells through its own website and mobile application.

source
Offline retail stores

58 physical stores across India as of the Series B announcement, including Bengaluru, Mumbai, Delhi and Gujarat.

source
Online marketplaces (small share)

Third-party marketplaces account for a small and shrinking share of revenue.

source

Key Activities

Trend-responsive product design

Continuously designs new styles in response to the latest fashion trends.

source
Offline retail expansion

Actively expanding its network of offline retail stores across India, growing to 58 stores by the Series B announcement.

source

Key Resources

Lean manufacturing and fast-turnaround supply chain

Snitch's operating model depends on lean manufacturing and a fast-turnaround supply chain that lets it release new designs weekly while keeping inventory cycles tight.

source
Brand equity

Company leadership credits several years of sustained brand-building as a core asset that now drives customer loyalty and retention.

source
Bengaluru warehouse and fulfillment infrastructure

Snitch operates a warehouse facility in Bengaluru, which it publishes as the return address for customers who self-ship items back.

source

Key Partnerships

No cited partnerships yet. Based on tracked funding/M&A data:

360 ONE Asset — Investor IvyCap Ventures — Investor SWC Global — Investor

Revenue Streams

Retail store sales

Retail stores contributed 40-45% of FY25 revenue, up from 30% the prior year.

source
Own website and app sales

The large majority of sales come through Snitch's own channels rather than third-party marketplaces.

source
Third-party marketplace sales

Marketplace sales account for roughly 15% of total revenue.

source

Cost Structure

Procurement costsRs 230 Cr in FY25

Snitch's largest cost line; more than doubled year-on-year in FY25.

source
Advertising and marketing costsRs 83 Cr in FY25

Advertising and marketing spend rose during FY25 as the company scaled.

source
Employee benefit expensesRs 65 Cr in FY25

Employee benefit costs for FY25.

source
Rent, telephone, marketplace fees and other overheads

Additional overhead costs including rent, telephone charges and marketplace fees.

source

FAQs on Snitch

What is Snitch's business model?

Snitch's core value proposition centers on Trend-first fashion with weekly product drops, Trendy, affordable apparel, Unconventional, trend-responsive style ethos.

How does Snitch make money?

Snitch's cited revenue streams include Retail store sales, Own website and app sales, Third-party marketplace sales.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: entrackr.com · Last verified 23 Oct 2026. · Report a correction