Results · Commerce & Consumer Brands

Snitch posts ₹900 crore revenue in FY26

By Startup Enthusiast · 16 April 2026

What they do

Snitch sells men's clothing through its website, stores and ecommerce marketplaces

It reported ₹900 crore operating revenue for FY26, up 80% from ₹498 crore in FY25

The company entered quick commerce in October 2025 and now delivers apparel under 60 minutes in four cities

Snitch reported ₹900 crore operating revenue for FY26, up ~80% from ₹498 crore in FY25.
Its EBITDA (earnings before interest, taxes, depreciation and amortisation) was 2-3% of revenue, or about ₹18-27 crore.
The company had a net loss of ₹1.7 crore in FY25.
Revenue split is 60% online and 40% offline.
Offline business grew ~75% year-on-year.
Snitch operates 115 stores across India.
It entered the quick commerce segment in October 2025 and now delivers apparel under 60 minutes in four cities.
The company is not actively looking to raise fresh capital.

Snitch was founded in 2019 as an offline fashion brand and pivoted to online during Covid-19.
It last raised $39.6 million (~₹340 crore) in June 2025.
Total funding to date is about $53 million.
Investors include IvyCap Ventures, SWC Global and Ravi Modi Family Office.

Snitch sells men's fashion including shirts, jackets, hoodies, co-ords, sweaters and innerwear.
It sells through its own website, 115 stores and ecommerce marketplaces.
Its quick commerce service Snitch Quick delivers apparel under 60 minutes.
Snitch Quick is operational in Bengaluru, Delhi, Gurugram and Ahmedabad, and plans to expand to Hyderabad and Mumbai.
Quick commerce contributes about 10% of online revenue.
The company is expanding into adjacent categories such as perfumes, footwear and accessories.

Domestic expansion: strengthen presence in East India.
International offline stores in West Asia are on hold due to the US-Israel-Iran conflict.
Online presence already exists in West Asia.
FY27 revenue target: ~₹1,400 crore.
Expand Snitch Quick to Hyderabad and Mumbai.
Not actively looking to raise fresh capital.

Product: Trendy and affordable apparel, footwear, and lifestyle accessories.
Customers: Fashion-forward individual consumers, primarily men, and recently women through its acquisition of Berrylush.
How it makes money: Sells apparel directly to consumers online and through its expanding network of physical retail stores.
What sets it apart: Leverages a fast-fashion model with rapid product development, omnichannel retail, and quick-commerce delivery options.