
THE INVESTMENT BLUEPRINT 📊🌐
May 30, 2025 at 06:57 AM
📊 *Menswear brand Snitch raises Rs 278 crore from 360 One Asset* 🧥👚👕👗👞👠
*A) Funding Details*
1. *Amount Raised:* ₹278.93 crore (~$33 million)
2. *Funding Round:* Series B
3. *Lead Investor:* 360 One Asset Management Fund (₹220 crore)
4. *Other Investors:* SWC Global and IvyCap Ventures (₹29.4 crore combined)
5. *Shares Issued:* 1,755 Series B CCPS at ₹15,89,385 per share
6. *Valuation (Post-Round):* ₹2,400–2,500 crore (~$294 million)
7. *Previous Valuation (Dec 2023):* ₹500 crore (5X growth)
