Direct-to-consumer (D2C) menswear brand SNITCH has successfully raised $40 million in a Series B funding round to scale its operations and fuel its aggressive growth strategy. The round was led by Mumbai-based 360 ONE Asset, with continued support from existing investors IvyCap Ventures, SWC Global, and the Ravi Modi Family Office, alongside several angel investors.
This strategic infusion of capital comes at a pivotal moment for SNITCH, as the brand sets its sights on expanding its offline retail footprint from over 55 to 100+ stores by the end of 2025. The funds will also support their foray into quick commerce, new lifestyle categories, and international markets.
“This fundraise backs our belief that Indian fashion can scale rapidly and stand confidently on the global stage,” said Siddharth Dungarwal, Founder of SNITCH. “With 120% YoY growth, 55+ profitable stores, and a strong Gen Z and millennial customer base, we’re building a world-class fashion brand with India at its heart.”
As part of their transformation journey, SNITCH has implemented LOGIC ERP apparel retail ERP software, a robust and industry-specific ERP solution to streamline retail operations, enhance agility, and scale with growth. LOGIC ERP apparel software solution is now at the core of SNITCH’s backend operations, helping manage everything from inventory and supply chain to billing and CRM.
“We are proud to empower SNITCH’s business with our ERP for the apparel industry, helping them build operational efficiency while they disrupt the fashion market. With a complete suite of apparel retail ERP and POS software, LOGIC ERP offers purpose-built solutions that align perfectly with the dynamic needs of next-gen D2C brands,” said Gurbir Singh, Co-founder & Managing Director LOGIC ERP.
LOGIC ERP apparel store POS software now supports SNITCH’s growing offline ecosystem, enabling fast billing, real-time inventory visibility, and smooth omnichannel integration. By leveraging LOGIC ERP apparel retail software, SNITCH is better equipped to handle rapid product rollouts, category expansions, and multi-location store management.
“With a distinctive model that includes weekly design drops and agile manufacturing, SNITCH has scaled remarkably while maintaining strong unit economics,” noted Chetan Naik, Senior Fund Manager at 360 ONE Asset. “We’re thrilled to support SNITCH’s bold vision for the next era of Indian fashion.”
Founded in 2020, SNITCH’s dynamic product range spans men’s apparel, footwear, accessories, perfumes, and sunglasses. The brand has already made waves in the Indian market with its fast-fashion appeal, community-first approach, and digital-native branding.
Following its ₹110 crore Series A in December 2023, Snitch doubled its revenue, strengthened brand equity, and laid the tech foundation necessary for hypergrowth. Now, with the integration of the LOGIC ERP advanced garment and apparel ERP system, the company is equipped to scale smarter, faster, and more efficiently.
Get started now! Call +91-734 114 1176 or email us at sales@logicerp.com to schedule your demo and take the first step towards operational excellence with LOGIC ERP.
