Snitch Apparels Private Limited (Snitch Apparels), a fast-growing men’s fashion brand, has successfully closed its Series B funding round of approximately USD 40 million, led by 360 ONE Asset, with participation from existing investors SWC Global and IvyCap Ventures, along with leading angel investors including Ravi Modi, Founder of Vedant Fashions Limited (Manyavar-Mohey).
JSA advised Snitch Apparels and its Founder on the transaction, which involved both primary and secondary investments. The team has been advising Snitch Apparels on various corporate matters, including its previous Series A round.
The Series B round marks a key milestone in Snitch Apparels’ growth trajectory. Known for its trend-forward, omnichannel men’s fashion offerings under the ‘SNITCH’ brand, the company currently operates over 59 offline stores and has recorded a remarkable 120% YoY growth.
Advisory Team from JSA:
- Rishabh Gupta – Partner
- Akshath Mithal – Principal Associate
- Tanmayee Shriprasad Apte – Associate
- Kajal Kashyap – Associate
- Saurabh Chatterji – Associate
- Alisha Chawla – Company Secretary
- Tavishi Monga – CS trainee
Rishabh specializes in corporate transaction advisory, including private equity fund-raises, and mergers and acquisitions. He has extensive experience with cross-border investments and sales, business transfers, and leveraged and structured acquisitions, at every stage of the growth cycle.