India, Jan. 4 -- D2C fashion brand Snitch saw its net profit zoom 1.3X to INR 4.4 Cr in the financial year 2023-24 (FY24) from INR 3.1 Cr in FY23, on the back of a strong increase in its top line.
The startup's operating revenue surged 127.89% to INR 243 Cr during the year under review from INR 106.6 Cr in FY23.
Founded in 2019 by Dungarwal and Chetan Siyal, Snitch started its journey as an offline retail brand. It pivoted to online sales a year later as stay-at-home mandates amid the pandemic shut physical retail stores across the country.
Snitch sells a range of men's apparels, including shirts, jackets, hoodies, co-ords, sweaters, innerwear, among others.
The startup appeared on Shark Tank India 2023, securing an all-shark deal of ...
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