Snitch: Clothing Brand On Shark Tank India Season 2 – Snitch is a Bangalore-based homegrown D2C men’s apparel brand that made its path-breaking pitch to the industry-leading investors at the Shark Tank India Season 2. The business idea of Snitch is to sell high-quality, stylish clothing to men at an affordable price. The company was founded by two entrepreneurs, Harish Bhat and Gaurav Goel.
They have a team of 10 people working on the project and are expecting to raise $1 million in their The promotional materials for Siddharth R Dungarwal’s pitch have already been aired. This means that the business model seems promising to the sharks. The promotional materials for Siddharth R Dungarwal’s pitch hint at how well he pitched his idea to the sharks.
Snitch: Clothing Brand On Shark Tank India Season 2
Contents
Snitch is a Clothing Brand that sells Mens Fashion Products online. It has a wide range of prices, starting at very affordable rates. Snitch is a Clothing Brand that specializes in selling Mens Fashion Products online. It has a wide range of products, starting at very affordable rates. Snitch Clothing Founder Siddharth Dungarwal came to Shark Tank India to ask for investment for his startup.
He started the company with the idea of creating stylish and comfortable clothes for people who are always on the go. Siddharth is a young leader and a promising entrepreneur. He successfully persuaded a group of investors to invest in his fastest-growing business. Siddharth is an amazing leader and a very persuasive person when it comes to business. He was able to convince the investors to put money into his business without any problems
Snitch: Clothing Brand On Shark Tank India Season 2 Overview
| Name Of The Article | Snitch: Clothing Brand On Shark Tank India Season 2 |
| Snitch: Clothing Brand On Shark Tank India Season 2 Deal | 100 Crore |
| Category | News |
| Official Website | www.snitch.co.in |
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About Snitch
Snitch, a homegrown clothing brand founded in 2019, is the 21st-century fashion station and destination for millennials. It is widely renowned for its limitless, fast-fashion, and experimental approach that captures world-class trends and designs and produces mindful and sustainable everyday drops of the newest styles. It offers a wide variety of everyday essentials, including formal wear, party wear, leisure wear, and a great number of other categories, catering to men’s clothing from “what’s trending” to “slot straight into your wardrobe.”
Snitch Plus is a collection that caters to men in plus sizes (2XL to 5XL), bringing out the best in men of all sizes through the transformative power of fashion. Fashion is meant for every body type, so Snitch Plus is a collection that caters to plus sizes.
Snitch India’s Fastest Growing Fashion Brand on Shark Tank India S2
In a pitch for Shark Tank India Season 2, founder Siddharth said that the Snitch company has received over 2000 online orders, which surprised the Sharks. Due to the extensive selection of shirts, t-shirts, trousers, jackets, inner wear, sweaters, boxers, and shorts offered on their platform, Snitch is a well-known brand among young people.
Snitch has gained popularity in the direct-to-consumer (D2C) and e-commerce platforms over the past two years by selling products from their website. Snitch Product are adore by young people, and as a result of buyers’ positive experiences, the number of repeat customers is rising. Snitch’s revenue is expect to double this year in 2024 following its appearance on Shark Tank India Season 2. Snitch Clothing Shark Tank India 2 Pitch is available to watch at any time on Sonyliv and Sony TV.
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Snitch Made A Cohesive Pitch On Shark Tank India, Season 2
At the second season of Shark Tank India, Snitch, a homegrown D2C men’s apparel brand based in Bangalore, presented its ground-breaking pitch to leading investors in the industry. Snitch’s founder, Siddharth R. Dungarwal, has already begun airing promos for the pitch, which provide important clues about how successfully he presented his business model to the sharks. Siddharth, a young leader and promising entrepreneur, made a one-of-a-kind pitch to convince investors to invest in his fastest-growing business, which was India’s experimental and limitless men’s fashion brand. Snitch is the fastest growing fast fashion brand for men, that is 100 percent made in India, and ship 2000+ orders on a daily basis,” Siddharth state in the advertisement. “1.5 crores for 0.5% equity with the existing valuation of 300 crores,” the pitch continues on the investment.
According to the advertisement, this ground-breaking pitch has left investors speechless. The pitch’s preview has already been made available, and its promo are currently streaming live on Sony TV. Watch the entire episode, which is expect to air from January 23 to 27, to learn more about it. The company started out in the fashion industry in 2020 with 30 products and now has more than 2500 outfits on its online portal, which is where 95% of its sales come from. Through its own online store, marketplaces like Myntra and Ajio, and a variety of social media channels, the brand also has a strong presence across all digital platforms in the country. That brand recently achieved an admirable annual revenue run-rate of 100 crores by the end of Q4 FY22, up from 80 crores at the end of Q1 FY22.
Its Experience On The Shark Tank India 2
The responsibility Nark’s pioneer appeared to intrigue the sharks, as each of them five made a proposal immediately. Peyush Bansal declared the proposition. Them five, he asserted, would need to make him a proposal of Rs. 1.5 crore for 1.5% value. Siddharth acknowledged the arrangement, and thus, his bootstrapped business procured five proficient financial backers who will assist him with expanding his benefit.
Monya is a 25-year-old site author with a Bachelor’s degree in Architecture (B.Arch). While her academic background is in design, Monya’s true passion lies in entertainment, particularly movies. As a site author, Monya focuses on creating engaging content related to movies and the entertainment industry. She is passionate about sharing her opinions and insights on the latest films, as well as exploring the history and evolution of cinema.