Vineeta Singh Net Worth, Biography, Company, Age, Family
Entrepreneurship in India is represented by Vineeta Singh of Sugar Cosmetics Corp. She is the CEO and co-founder of Sugar Cosmetics Corp., as well as a Shark Tank judge for Sony Entertainment Television’s Shark Tank India reality show. With more than 35 thousand retail points around the world, its beauty line is available in over 130 cities.
For three generations now her family has been involved in cosmetics business. In the late 1920s Vineeta’s great-grandfather started a small laboratory to make natural colors for festival makeup. The business was then taken over by her grandfather who expanded it into an Asian-wide regional company with products sold all over Asia. After her father took charge of the company he turned it into an international conglomerate with goods being distributed across fifty countries globally.
Because of this history that runs deep within her bloodline; Vineeta has always had love for skin care products and makeup artistry which were among some branches covered under cosmetic science. Having finished my undergraduate studies at Delhi University where I majored mainly on business courses; I felt like joining my folks’ endeavor would be quite exciting but little did know just how much fun we could have together!
Vineeta Singh, an entrepreneur from Delhi, India where she was born in 1991. She attended Delhi Public School and R.K Puram before going to IIT Madras for a Bachelor’s degree in Electrical Engineering. After that she went on to get her Master of Business Administration at IIM Ahmedabad.
During the summer between her undergraduate and graduate degrees Vineeta interned at Deutsche Bank. In 2012 she co-founded Fab Bags which is like Netflix but for designer handbags–you pay a monthly fee and can rent out bags as frequently as you want.
Since 2015, Vineeta has been the CEO of SUGAR Cosmetics which is known for its affordable high-quality makeup products with unique such as 24 Karat Gold Edition liquid lipstick.
What is Vineeta Singh’s Net Worth?
As of October 2022, reports indicate that Vineeta Singh has a net worth of $9.1 million. She reportedly makes about INR 22 crores each year from SUGAR cosmetics alone; however other assets/income earned by her through different ventures are not disclosed publicly so far.- Unknown Currently but estimated around $1 billion dollars according to family sources close to them.. Also? valued at $500 million dollars in the market..
How did Vineeta Singh become successful?
Vineeta Singh’s success can be attributed mainly due hard work ethic combined along dedication toward achieving goals set forth by oneself during life journey towards realizing dreams desired while growing up under privileged circumstances faced early years as child raised among people living poverty where there was lack basic needs such food or shelter etcetera.
After completing undergraduates studies followed immediately thereafter undertaken post graduation course program but before finishing this phase enrolled into another institution then later completed it successfully thereby attaining higher educational qualifications required for entry into certain professional careers chosen during early adulthood stage one’s life.. After that she worked with Deutsche bank.
In fact, it could be said that Vineeta Singh’s success stems from her ability to see opportunities where others might not have been able to while growing up or even later on in life. She is a self-made woman who has worked hard for everything she has achieved thus far.
In 2012, she co-founded Fab Bag with her lookalike Monica Aggarwal, which she did after graduating from IIM Ahmedabad. A subscription service for personalized beauty products that are sent every month is what Fab Bag is. In 2015, SUGAR cosmetics named her as its CEO. SUGAR, a new entrant in the cosmetics market that makes affordable high-quality makeup products with unique features such as the 24 Karat Gold Edition liquid lipstick.
In 2019, Sony Entertainment Television appointed her as one of the judges for Shark Tank India reality show. Underneath Vineeta Singh’s leadership Sugar Cosmetics has had an outstanding growth performance and today it ranks among the top cosmetic companies in India with strong international presence too.
Vineeta Singh Biography
- Name: Vinaeeta Singh
- Profession: Entrepreneur
- Famous For: Started Cosmetic Brand Sugar
- Date of Birth: 1983
- Place of Birth: New Delhi, India
- Marital Status: Married
- Age: 38 Years
- Height5 Feet 8 Inches
- Eye Colour Black
- Nationality Indian
Shark Tank India Deals by Vineeta Singh:
1.Eyewear brand Vincent Chase – Rs 15 crore for a 25% stake
2.Candle business The Candle Company – Rs 1 crore for 51% stake
3.Foodtech start-up The Gourmet Jar – Rs 2 crore for a 30% stake
4.Pet care brand FURRY TAILS – Rs 2 crore for a 40% stake
5.Men’s grooming brand The Man Company – Rs 5 crore for a 15% stake
Founded in cities across Germany, Italy, India, America and Korea, the largest beauty brand in Asia is now ruling all countries of the world. Its sales rose by 15 percent worldwide in FY20 and its revenues increased over 100 percent, with business revenue growing from INR 57 crore to INR 104 crore between FY19 and FY20.
Vineeta Singh Achievements and Awards
Vineeta Singh was an academic gold medalist for seven years from 1993 to 2001. She is a great athlete too — she has won two gold medals and two silver medals at IIT Madras Badminton Tournament.
In 2007 Vineeta was awarded the Dulari Mattu Award for the best female all-rounder at IIM Ahmedabad. In both 2012 and 2013 she completed back-to-back runs to win medals in both Ups and Downs (89 km) and Comrades Back-to-Back (89 km), South Africa’s highest Ultra-Marathon.
She featured as one of India’s young business leaders under The Economic Times’ prestigious “40 Under Forty Awards” in January 2020. Forbes magazine predicts her as one of India’s most powerful women in 2021.
She has been chosen as an expert for KBC, Amitabh Bachchan’s popular show; this lady has been making money with her own bestselling beauty products for over a decade now, making millions every year!
Vineeta Singh awards:
- Economic Times – Top Young Business Leaders – “40 Under Forty Awards” – Jan ’20
- Featured in Forbes India as one of the most powerful women in India (2021)
- KBC Expert – (Amitabh Bachchan’s popular show)
- India’s Top Digital Marketing Influencers (2014)
- Best Female All-rounder at IIM Ahmedabad (2007)
- Dulari Mattu Award
- Comrades Marathon Association – Back to Back medal (2012, 2013)
- Amity Award for Exceptional Contribution in the field of Entrepreneurship (2017)
- CNBC Awaaz Consumer Award for Best Cosmetic Brand (2018)
- India Leadership Conclave & Awards 2018 – Woman Entrepreneur of the Year
- EY Entrepreneur Of The Year™ 2019 Award – Retail and Consumer Products
- Economic Times Startup Awards 2019 – Best Consumer Connect
- IMAGES Retail Awards 2019 – Young Retailer of the Year
- India Brand Equity Foundation (IBEF) – Rising Star Brand
