The Fashion Mogul Behind Snitch

Siddharth Dungarwal, the founder of the fast-growing menswear brand Snitch, has become one of the most talked-about entrepreneurs in India’s fashion and startup ecosystem. In 2025, his brand crossed a valuation of ₹2,510 crore, making headlines across business media. Recently, his journey from a small shop to building a fashion empire was featured in a viral YouTube documentary, and his appearance on Shark Tank India Season 3 further boosted his popularity. Let’s take a closer look at Siddharth Dungarwal’s net worth, income sources, business growth, lifestyle, and personal background.

Siddharth Dungarwal’s Net Worth

As of 2025, Siddharth Dungarwal’s estimated net worth is around ₹1,190 crore, based on his 47.55% stake in Snitch, which is currently valued at ₹2,510 crore. His wealth has grown rapidly due to the brand’s shift from B2B to D2C (direct-to-consumer) and its strong performance in the online fashion space.

How He Built His Wealth

Siddharth started his entrepreneurial journey at the age of 17, dropping out of college to pursue business full-time. He launched Snitch in 2018 as a B2B venture but pivoted to D2C during the pandemic, and that’s how a move that proved to be a game-changer was made.

Snitch specializes in fast fashion for men, offering trendy and affordable clothing across categories like casual wear, party outfits, and plus-size options. The brand’s focus on sustainability and rapid design cycles has made it a favorite among Gen Z and millennial shoppers.

Main Sources of Income

Siddharth Dungarwal’s income stems from multiple streams:

• Snitch’s revenue and equity appreciation: As the founder and majority shareholder, Siddharth earns from the brand’s profits and rising valuation.
• Investor funding and partnerships: Snitch received ₹1.5 crore in funding on Shark Tank India from top investors like Anupam Mittal, Namita Thapar, Peyush Bansal, Aman Gupta, Vineeta Singh, and Amit Jain.
• Brand collaborations and media appearances: His growing influence has led to speaking engagements, brand features, and media interviews.

Personal Background

Siddharth Dungarwal is a self-made entrepreneur from Bengaluru, Karnataka. He is known for his sharp business acumen, creative vision, and ability to connect with young consumers. Despite dropping out of college, he has built one of India’s most successful fashion startups. He often shares his journey in podcasts and startup events, inspiring aspiring entrepreneurs with his story of grit and innovation.

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About Snitch

Snitch is a D2C menswear brand that has revolutionized online fashion retail in India. It offers over 2,500 styles and updates its catalog weekly, keeping pace with global fashion trends. The brand is known for:

• Affordable pricing
• Fast delivery
• Sustainable practices
• Inclusive sizing

Snitch has transformed into a “soonicorn,” a startup that is nearly ready to become a unicorn and is anticipated to soon surpass ₹500 crore in yearly revenue.

Basic Details

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Frequently Asked Questions

Q: What is Siddharth Dungarwal’s net worth?
A: His estimated net worth is ₹1,190 crore as of 2025, based on his stake in Snitch.

Q: What is Snitch’s current valuation?
A: Snitch is valued at ₹2,510 crore in 2025.

Q: How did Siddharth start Snitch?
A: He launched it in 2018 as a B2B brand and pivoted to D2C during the pandemic.

Q: Did Siddharth Dungarwal appear on Shark Tank India?
A: Yes, he pitched Snitch on Shark Tank India and received ₹1.5 crore in funding from six sharks.

Q: What makes Snitch unique?
A: Snitch offers fast fashion for men with weekly style updates and affordable pricing.