Snitch, a Bengaluru-based fashion brand, has unveiled its largest store to date in the heart of Bengaluru.
The recently launched standalone store, marking its seventh establishment in the city, spans over 10,000 square feet.
The latest store is located in the bustling Hosur Sarjapura Road (HSR) layout, a prominent suburb in southeastern Bengaluru, India.
Continue Exploring: Fashion brand Snitch achieves over 150% growth in FY23-24, marks highest GMV in March
Siddharth Dungarwal, CEO and founder of Snitch, expressed, “We’re witnessing remarkable growth, unveiling new stores every two weeks to serve our discerning clientele. Within our cutting-edge showrooms, customers can explore a diverse collection of over 1000 styles spanning across 13 categories, all conveniently accessible in one location. This rapid expansion underscores our steadfast dedication to providing an extensive and unparalleled shopping journey.”
Current Store Operations and Expansion Plans
Presently, the brand operates seven stores throughout India: three in Bangalore, two in Surat, and two in Vadodara. With ambitious expansion goals, Snitch aims to inaugurate an additional 30 stores by the close of this fiscal year.
In the fiscal year (FY) 2023-2024, Snitch experienced a remarkable growth of over 150% compared to the preceding year. During this period, Snitch shipped over 3.5 million pieces through diverse channels, maintaining profitability while achieving a net sales increase of more than 2.25 times compared to the previous year.
Starting its journey as a D2C brand in 2020, Snitch secured INR 110 crore in a Series A funding round in December 2023. The investment came from Singapore-based venture capital firm SWC Global and Indian venture firm IvyCap Ventures.
Continue Exploring: Snitch eyes offline retail expansion after raising $13.19 Million in Series A funding round
