Snitch To Raise INR 280 Cr In Latest Funding Round

The board of Snitch has passed a special resolution to allot 1,755 Series B CCPS at a premium of INR 15.89 Lakh on a preferential basis to 360 Asset Management Fund, IvyCap Ventures and SWC Global

While 360 Asset Management Fund is investing INR 220.12 Cr, IvyCap Ventures and SWC Global will infuse INR 29.40 Cr each in the new fund raise

The development comes at the heart of the Bengaluru-based startup’s plans to boost its product offerings, expansion of offline stores and eyeing global markets

D2C fashion brand