Snitch bolsters leadership team with Maruthy Ramgandhi as new CTO
A Bengaluru-based men's fashion and apparel brand, Snitch has recently made a significant addition to its leadership team by appointing Maruthy Ramgandhi as its inaugural Chief Technology Officer (CTO).
With 18 years of experience, Ramgandhi brings a wealth of expertise garnered from reputable companies such as Stumbl, Amazon, McKinsey & Co., Bewakoof.com, Ajio, and Commonfloor.com.
Siddharth Dungarwal, Founder, Snitch, says, Ramgandhi’s exceptional communication skills, enthusiasm, and impressive presentation abilities will add value to the Snitch team. Dungarwal emphasized the versatility of Ramgandhi's role, which is deemed essential at the current juncture for the company.
In his capacity as CTO, Ramgandhi will concentrate on shaping the company's product strategy towards innovation, aiming to provide customers with an advanced and seamless shopping experience. He will also be tasked with leveraging emerging technologies efficiently and securely while aligning technological strategies with the company's overarching business objectives.
The company has also hired Varun Muralidharan, Former Retail Manager, Bestseller India to lead retail operations and projects while it hired Mayur Ashtekar, Rare Rabbit as Head-Business Development and Offline Expansion.
Notably, Snitch has been actively pursuing offline expansions, intending to launch approximately 20 new stores this year. The brand opened two new stores in Surat, with plans for further expansion across the state and other regions of the country. The brand has witnessed significant growth in gross merchandise value (GMV) and revenue, maintaining a consistent increase quarter-on-quarter (Q-o-Q).
Since its inception in 2020 as a direct-to-consumer (D2C) brand, Snitch has garnered attention by featuring on Shark Tank India Season 2 and securing an all-Shark Deal. The brand also successfully raised Rs 110 crore in its Series A funding round from prominent venture capital firms.
