Thursday, January 26, 2023
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Vineeta Singh: CEO of Sugar Cosmetics

Vineeta Singh Biography, Net Worth, Company, Age, Family

Vineeta Singh is an entrepreneur from India who works for 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 over 35,000 retail locations worldwide, its beauty line is available in more than 130 cities.

Her family has been in the cosmetics business for over three generations. Vineeta’s great-grandfather started a small laboratory to develop natural colors for festival makeup in the late 1920s. The business was later passed down to Vineeta’s grandfather, who expanded it into a regional company with products sold throughout Asia. When Vineeta’s father took over the company, he grew it into an international powerhouse with products sold in over 50 countries.

Thanks to her family’s legacy, Vineeta has always had a passion for cosmetics and skincare. After completing her undergraduate degree in business from Delhi University, she decided to join the family business. She worked her way up the ranks, eventually becoming the CEO of Sugar Cosmetics Corp.

Under her leadership, the company has experienced tremendous growth and is now one of the leading Cosmetic companies in India with a strong international presence. Vineeta is also a Shark Tank judge for Sony Entertainment Television’s Shark Tank India reality show. In this role, she uses her keen eye for business to help aspiring entrepreneurs take their businesses to the next level.

Thanks to her success in both business and entertainment, Vineeta has become one of the most well-known entrepreneurs in India. She is an inspiration to many young women who aspire to have a career in business. Thanks to her hard work and dedication, Vineeta has built a legacy that will continue to thrive for generations. Learn more about her by reading this article!

Vineeta Singh Biography

Who is Vineeta Singh? Vineeta Singh is the CEO of SUGAR Cosmetics, a well-loved Indian cosmetics brand. Although sales fell from INR 57 crores the last year to only 104 crores in 2020 due to Covid-19 and other global economic difficulties, Vineeta worked hard to maintain a 15% international market share.

How did Vineeta Singh become the CEO of SUGAR Cosmetics?

In 2006, after completing her undergraduate degree in business from Delhi University, Vineeta decided to join the family cosmetics business. She worked her way up the ranks until eventually becoming the CEO in 2016. Under her leadership, SUGAR has experienced tremendous growth. The company is now one of the leading cosmetics companies in India with a strong international presence.

Vineeta is also a Shark Tank judge for Sony Entertainment Television’s Shark Tank India reality show. In this role, she uses her keen eye for business to help aspiring entrepreneurs take their businesses to the next level.

Vineeta Singh Education

Vineeta Singh grew up in a wealthy family from India’s Punjabi region. She went to the Delhi Public School, R.K. Puram, for her primary and secondary education before studying there herself. Vineeta Singh graduated from the Indian Institute of Technology Madras with a degree in electrical engineering in 2005. Following graduation from IIM Ahmedabad in 2007, Vineeta Singh enrolled at IIM Ahmedabad to pursue an MBA.

Vineeta Singh Early Life

Vineeta Singh was born in Delhi, India in 1991 and is an entrepreneur. She graduated from Delhi Public School and R.K Puram before attending IIT Madras where she earned her Bachelor’s degree in Electrical Engineering. Afterward, she attended IIM Ahmedabad to earn her Master’s degree in Business Administration.

She interned at Deutsche Bank during the summer between completing her undergraduate and graduate degrees studies. Additionally, co-founded Fab Bags with another individual in 2012; which provides designer handbags for a monthly fee – similar to Netflix but with accessories instead of movies/television shows.

Lastly, has been serving as Sugar Cosmetics’ CEO since 2015 where they are known for its affordable high-quality makeup products that have unique such as 24 Karat Gold Edition liquid lipstick.

Vineeta Singh’s Net Worth

According to reports, as of October 2022, Vineeta Singh has a net worth of $9.1 million. According to reports, Vineeta Singh makes about INR 22 crores each year from SUGAR cosmetics. What assets and income Vineeta Singh acquired from other enterprises are unknown. Vineeta Singh’s net worth is currently unknown. However, her family is estimated to be worth $1 billion. Additionally, SUGAR Cosmetics was valued at $500 million in 2019.

How did Vineeta Singh become successful?

Vineeta Singh’s success can be attributed to her hard work, dedication, and a keen eye for business. She comes from a wealthy family but has still managed to make a name for herself in the business world. After completing her undergraduate and graduate degrees, she interned at Deutsche Bank before co-founding Fab Bags.

In 2015, she became the CEO of SUGAR Cosmetics and has helped the company grow to be one of the leading cosmetics companies in India. Vineeta is also a Shark Tank judge for Sony Entertainment Television’s Shark Tank India reality show. In this role, she uses her keen eye for business to help aspiring entrepreneurs take their businesses to the next level.

What are some of Vineeta Singh’s most notable accomplishments?

Vineeta Singh’s most notable accomplishments include co-founding Fab Bags and becoming the CEO of SUGAR Cosmetics. Under her leadership, SUGAR Cosmetics has experienced tremendous growth and is now one of the leading cosmetics companies in India with a strong international presence. In addition to her role as CEO, Vineeta is also a Shark Tank judge for Sony Entertainment Television’s Shark Tank India reality show. In this role, she uses her keen eye for business to help aspiring entrepreneurs take their businesses to the next level.

Vineeta Singh Career

She is also the co-founder of Fab Bag, a monthly grooming product subscription service, and the CEO of SUGAR. In this market, there are three competitors: Nykaa cosmetics, Kay by Katrina, and Starlust. Vineeta Singh was hired as a Director for Quetzal Verify Private Limited in 2006 while she was still studying at Deutsche Bank. His appointment as Director lasted only five years because of her limited tenure in that position.

In 2012, after she graduated from IIM Ahmedabad, she co-founded Fab Bag with lookalike Monica Aggarwal. Fab Bag is a monthly subscription service for personalized beauty products. In 2015, she became the CEO of SUGAR cosmetics. SUGAR is a new entrant in the cosmetics market and is known for its affordable high-quality makeup products that have unique such as 24 Karat Gold Edition liquid lipstick.

In 2019, she was appointed as a judge in Sony Entertainment Television’s Shark Tank India reality show. Under her leadership, SUGAR Cosmetics has experienced tremendous growth and is now one of the leading cosmetics companies in India with a strong international presence.

Vineeta Singh Biography

Name: Vineeta Singh
Profession: Businesswoman
Famous For: Founder of Cosmetic Brand Sugar
Date of Birth: 1983
Place of Birth: Delhi, India
Marital Status: Married
Age: 38 Years
Height5 Feet 8 Inches
Eye Colour: Black
Nationality: Indian

Shark Tank India Deals by Vineeta Singh

Vineeta Singh Shark Tank deals1. 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 40% stake
5. Men’s grooming brand The Man Company – Rs 5 crore for a 15% stake

The newest reality show to take India by storm, ‘Shark Tank India’ features Vineeta Singh as one of its main stars. Anupam Patel and Vineeta Singh have joined forces to invest 50 lakh rupees in CosIQ, a skincare company.

Also Read: Gautam Adani: Biography, Family, Business & Net Worth

Vineeta Singh Husband, Family

Her father, Tej Singh was a scientist at “All India Institute of Medical Sciences”. Her father is a true believer in his work. It’s impossible to dispute that her parents had a huge impact on her and molded her into the person she is today.

Vineeta Singh Husband

After graduation, she obtained an MBA from the Wharton School at the University of Pennsylvania. She met Kaushik Mukherjee after graduating, who later became her life partner and business partner. Sugar Cosmetics’ President and COO is Kaushik Mukherjee. On October 15, 2010, Vinaeeta married her college mate Kaushik Mukherjee, and the pair had their wedding on December 4, 2011. Vineeta has two sons named Vikrant and Ranveer.
Vineeta Singh Company

After failing to launch two businesses and turning down a high-paying job offer, Vineeta Singh decided to start her third business with her husband Kaushik Mukherjee.

In 2012, SUGAR was launched in India with the goal of becoming the country’s fastest-growing cosmetics brand. In just five years, Sugar has succeeded in this objective, now having more than 2500 branded outlets in over 130 cities and a revenue of more than 100 crores. In 2019, SUGAR expanded its operations to the US, Canada, and the Middle East. The company plans to open 200 more stores in these regions over the next three years. In 2019, Vineeta Singh appeared as a judge on the reality TV show Shark Tank India, where she invested in five businesses.

Asia’s largest beauty brand is currently dominating overall countries, having been founded on the principles of German, Italian, Indian, American, and Korean cities. With a 15% worldwide sales rise in FY20 and revenue growth of over 100%, the business’s revenues grew by more than half from INR 57 crores in 2019 to INR 104 crores in FY20.
Vineeta Singh’s Achievements and awards

Between 1993 and 2001, she was an academic gold medalist. She is also a great athlete–so much so that IIT Madras Badminton Tournament awarded her two gold medals and two silver medals.

In 2007, she won the Dulari Mattu Award for the best female all-rounder at IIM Ahmedabad. The Comrades Marathon Association presented her with back-to-back medals to complete both the Ups and Downs (89 km) and Comrades Back-to-Back (89 km), South Africa’s highest Ultra=Marathon in 2012 and 2013.

In 2020, she was one of India’s young business leaders named by the Economic Times’ 40 Under Forty Award. She is predicted to be one of India’s most powerful women by Forbes magazine in 2021.

She was chosen as an expert for Amitabh Bachchan’s popular show KBC, which is one of his most popular programs. Furthermore, this lady has been making money for over a decade now with her own bestselling beauty items, bringing in millions of dollars each year.

Vineeta Singh Awards:

1. Economic Times 40 Under Forty Award 20203.
2. Featured in Forbes India as one of the most powerful women in India (2021)
3. KBC Expert (Amitabh Bachchan’s popular show)
4. India’s Top 100 Digital Marketing Influencers (2014)
5. Best Female All-rounder at IIM Ahmedabad (2007)
6. Dulari Mattu Award
7. Comrades Marathon Association – Back to Back medal (2012, 2013)
8. Amity Award for Exceptional Contribution in the field of Entrepreneurship (2017)
9. CNBC Awaaz Consumer Award for Best Cosmetic Brand (2018)
10. India Leadership Conclave & Awards 2018 – Woman Entrepreneur of the Year
11. EY Entrepreneur Of The Year™ 2019 Award – Retail and Consumer Products
12. Economic Times Startup Awards 2019 – Best Consumer Connect
13. IMAGES Retail Awards 2019 – Young Retailer of the Year
14. India Brand Equity Foundation (IBEF) – Rising Star Brand
Vineeta Singh Facts

How does she feel about Indian entrepreneurs?

The powerful and multi-talented Vineeta Singh has some success tips that every aspiring entrepreneur should remember, such as “Be prepared!” Investing 10-12 years into your dream project is essential for writing down your success story.

Some Facts about Vineeta Singh

  • Vineeta Singh was born and raised in Delhi.
  • A well-known story of hers appeared on the front page of a renowned weekly magazine when she rejected an offer worth INR 1 crore from a worldwide investment bank to launch its HR services business instead.
  • The Economic Times has recently recognized Vineeta as a successful young business leader with its 40 Under Forty Award 2020.
  • Vineeta has completed 14 full marathons, in addition to an Ultra Marathon run in South Africa called Comrades. This 89-kilometer ultra-marathon must be completed within 12 hours, of which she did three times and won a bronze medal.
  • In 2021, Vineeta was selected as a judge on Shar Tank India Season 1 – a reality television show that introduces new business ideas and founders to the public.

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