Snitch's 25x Return — Now It's Buying Rivals
AI Summary
Snitch, a menswear brand, secured a ₹100 crore valuation from all five Sharks on Shark Tank India, and has since experienced significant growth, with revenue increasing from ₹44 crore to nearly ₹900 crore. The company's valuation has risen to ₹2,500 crore, representing a 25x return. Snitch has now acquired women's fashion label Berrylush, marking its expansion into a multi-brand fashion house.
Snitch's Shark Tank India moment was rare — all five Sharks invested together at a ₹100 crore valuation. Two years later, revenue has grown from ₹44 crore to nearly ₹900 crore, and the company's valuation has climbed to ₹2,500 crore — a 25x return.
Now, Snitch has made its biggest move yet: fully acquiring women's fashion label Berrylush, marking its shift from a menswear brand into a multi-brand fashion house.
Here's the story behind Snitch's growth, the Berrylush acquisition, and why the company chose to buy rather than build from scratch.
Yashank Rathi is a B.Com (Hons) student at Hansraj College, Delhi University, with a strong passion for finance, markets, business trends, and the startup ecosystem. With growing hands on experience in research, content creation, and SEO driven digital marketing, he brings a fresh and analytical perspective to business journalism. He is the Co-Founder of mangopeoplenews.com, where he works to make complex financial and business topics simple, engaging, and relevant to everyday readers.
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