Vineeta Singh’s biography: By tailoring cosmetics to Indian skin tones, Vineeta Singh has transformed the Indian cosmetics industry by associating makeup with empowerment, confidence, and self-worth in addition to beauty. Since she began judging the television program Shark Tank, she has been involved in many talks about business. This show gives aspiring entrepreneurs a new way to engage with investors by giving them a platform. One of those is Vineeta. Her insights are her strength, and she is a self-reliant, accomplished lady who may serve as an example to many. Check out the following account of Vineeta Singh’s life—both personal and professional—and much more to learn more about her. Read about the personal and professional lives of SUGAR Cosmetics CEO and Shark Tank investor vineeta singh biography.
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| Vineeta Singh Biography | |
|---|---|
| Profession | Businesswoman |
| Famous For | Being the co-founder of the cosmetic brand Sugar |
| Physical Stats & More | |
| Height (approx.) | in centimeters– 173 cm in meters– 1.73 m in feet & inches– 5’ 8” |
| Eye Colour | Black |
| Hair Colour | Black |
| Career | |
| Awards and Achievements | • (Delhi) Start-up of the year award 2019 by Entrepreneur Awards
• (December 2021) Featured on the cover of Forbes Most Powerful Women (MPW) in Business • (2021) 40 Under 40 list by Economic Times |
| Personal Life | |
| Date of Birth | Year 1983 |
| Age (as of 2023) | 41 Years |
| Birthplace | Anand, Gujarat, India |
| Nationality | Indian |
| Hometown | Delhi, India |
| School | Delhi Public School R. K. Puram, New Delhi (1987-2001) |
| College/University | • Indian Institute of Technology, Madras • Indian Institute of Management, Ahmedabad |
| Educational Qualification(s) | • (2001-2005) B.Tech in Electrical Engineering from the Indian Institute of Technology, Madras • (2005-2007) MBA from the Indian Institute of Management, Ahmedabad |
| Relationships & More | |
| Marital Status | Married |
| Affairs/Boyfriends | Kaushik Mukherjee |
| Engagement Date | 15 October 2010 |
| Marriage Date | 4 December 2011 |
| Family | |
| Husband/Spouse | Kaushik Mukherjee (co-founder of Sugar cosmetics) |
| Parents | Father– Tej Singh (scientist at All India Institute of Medical Sciences, Delhi)
Mother– Name Not Known (PhD Holder) |
| Children | Son(s)– Vikrant Mukherjee and Ranveer Mukherjee |
| Favourites | |
| Book(s) | • Shoe Dog by Phil Knight • Open by Andre Agassi • Steve Jobs by Walter Isaacson • Tuesdays with Morrie Mitch Albom • The Prophet by Kahlil Gibran |
| Money Factor | |
| Net Worth (approx.) | Rs. 300 crore (as of October 2023) |
Vineeta Singh – Investments
| DATE | ORGANIZATION NAME | ROUND | AMOUNT |
|---|---|---|---|
| May 10, 2022 | Josh Talks | Series A | ₹270M |
| Jan 31, 2022 | Humpy Farms | Angel Round | ₹10M |
| Dec 28, 2021 | Skippi Ice Pops | Seed Round | ₹10M |
| Dec 23, 2021 | CosIQ | Seed Round | ₹5M |
Career of Vineeta Singh
Vineeta Singh is the CEO and co-founder of Fab Bag and SUGAR. In 2012, the grooming subscription service FabBags was founded. In addition to Sugar Cosmetics, other businesses that compete in the cosmetics sector include Nykaa Cosmetics, Kay by Katrina, and Starlust.
In 2006, she worked her first summer job as a student at Deutsche Bank. Vineeta Singh was appointed Director of Quetzal Verify Private Limited due to her vast experience in the banking and financial sector. However, she only held that role for five years.
After failing to open two prior businesses and declining a “one crore” job offer from a global investment corporation, Vineeta Singh founded Sugar. That’s accurate. She wanted to do something for herself rather than for other people. Singh and her husband, Kaushik Mukherjee, created their third firm, Sugar.
The giants of the Indian cosmetics market at the time were MAC Cosmetics, L’Oréal, and Lakmé. Subsequently, in 2012, SUGAR was established, emerging victorious over numerous domestic and international rivals to emerge as India’s fastest-growing cosmetics brand. In just five years, Sugar has risen to become the fastest-growing cosmetics brand in India. The company generates over 100 crores in revenue and has over 2500 branded outlets in over 130 cities.
Sugar Cosmetics, a cosmetics brand created by artists from German, Italian, Indian, American, and Korean cities, is currently winning in a variety of markets. With a 15% growth in sales worldwide, revenues jumped dramatically from INR 57 crores in 2020 to INR 104 crores in FY21.
Net Worth
Indian businesswoman Vineeta Singh has a substantial net worth and was a co-founder of Sugar Cosmetics. Many people in the fashion business adore her Sugar Cosmetics makeup product. She is a prosperous businesswoman and a judge on Shark Tank India, one of India’s most popular reality shows. Vineeta worked very hard to get to this point in her life. Many female entrepreneurs have been inspired by her to start their own businesses. Vineeta Singh will have a $9.1 million net worth in 2022.
Every month, Vineeta Singh earns between INR 1 and INR 1.3 crore. Her annual revenue from Sugar Cosmetics is approximately Rs. 22 crores. She receives additional funding from the popular television reality show Shark Tank India. For every Shark Tank episode, Vineeta Singh receives INR 5 lakh.
Vineeta – Honors and Accolades
Vineeta won a gold medal in academics from 1993 to 2001.
Her accomplishments in the IIT Madras badminton tournament included two gold and two silver medals.
In 2007, she was granted the Dulari Mattu Award at IIM Ahmedabad for being the best female all-round player.
She won back-to-back medals from the Comrades Marathon Association in 2012 and 2013 for finishing South Africa’s highest Ultra-Marathon, the Comrades Back-to-Back (89 km).
She was selected by the Economic Times as one of India’s 40 Under Forty business leaders in 2020.
In 2021, Forbes India predicts that she will rank among the most powerful women in India.
In one of the questions on Kon Banega Crore Pati (KBC), Amitabh Bachchan’s most popular show, she was cited as an expert.
In addition, Vineeta has been producing top-selling cosmetics for over ten years, generating millions of dollars in revenue annually.
FAQs
1. What is the net worth of Vineeta Singh?
Vineeta Singh has a net worth of approximately $8 million.
2. How much money does Sugar pay Vineeta Singh?
Vineeta Singh makes roughly 14–15 crores a year from Sugar Cosmetics.
3. To what extent did Vineeta Singh co-found any businesses?
Vineeta Singh is a co-founder of two businesses: Fab Bags and Sugar Cosmetics.
4. Is Sugar Beauty a Sort of Unicorn?
No, Sugar Costemics hasn’t yet turned into a unicorn.
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