Vineeta Singh is the founder and CEO of Sugar Cosmetics. She also serves as a judge on the reality show Shark Tank India, which airs on Sony Entertainment Television. She is considered one of the most successful and self-made women entrepreneurs in India. Keep reading to know more about Vineeta’s age, education, family, career, net worth & more.
Vineeta Singh Bio/Wiki
Early Life
Vineeta Singh was born in 1984 to a Hindu household and raised in Delhi. Insider. Her father was a lecturer at IIM Madras, and her mother did Ph.D.Her primary and secondary education, as well as the majority of her educational experiences, took place in Delhi. She was just 17 years old when she first saw her ambition to be an entrepreneur while conversing with one of his lecturers. After graduating from Delhi Public School in RK Puram, Delhi, she finished her education there.Her curiosity began to draw her to science. As a result, she earned an engineering degree in electrical engineering from the Indian Institute of Technology in Madras.She opted to pursue studies in the area of business following graduating in 2005, having shown an entrepreneurial mindset at a young age. She was accepted into Ahemdabad’s Indian Institute of Management, or IIMA. In 2007, she received her professional postgraduate degree.
Vineeta Singh Net Worth
Vineeta Singh has an estimated net worth of $8 million.
| Estimated Net Worth in 2022 (Approx) | $8 million USD ₹60 Crores INR |
| Estimated Net Worth in 2021 (Approx) | $8 million USD ₹60 Crores INR |
| Annual Salary | Not Available |
| Income Source | CEO of Sugar Cosmetics |
Career
Early Start-ups
Vineeta holds the credentials of Electrical Engineer & Master of Business Administration, both of which are extremely valued. Her academic achievements were enough to get her a position at some of the top companies in the country, if not the world. To everyone’s amazement, she turned down a one-crore-a-year placement proposal from a global investment firm. She turned down the job since she was set on creating her own business.In April 2007, She co-founded Quetzal Online Private Limited, a Mumbai-based recruiting firm, after obtaining her MBA, with a fellow IIM student. She joined as a director at Quetzal. The firm offered HT services for recruiting and pre-employment background checks. She worked there for about 5 years. When the firm could not scale up, Vineeta opted to pursue her passion for fashion.
FabBag
Vineeta established FabBag in April 2012, which allows users to experience 3-4 major worldwide products every month. The firm was not successful in its early years and did not take off. Over years the brand emerged as valuable and now it has more than 50 worldwide brands are affiliated with Fab Bag.
Sugar Cosmetics
After failing to establish two prior firms and turning down a full-time job offer from a multinational investment bank, Vineeta Singh founded Sugar Cosmetics. That’s correct. She wanted to make something for herself instead of doing something for others. Singh’s third business venture was founded with her husband, Kaushik Mukherjee.Global cosmetics companies such as Lakmé, L’Oréal, and MAC Cosmetics ruled the Indian market. Then, in 2012, SUGAR debuted, dethroning a slew of other domestic and international beauty brands towards becoming India’s fastest-growing cosmetics brand. Sugar Cosmetics has become India’s fastest-growing cosmetics brand in only five years. The company has more than 2500 branded locations throughout 130 cities & generates over 100 crores in sales.
Vineeta Singh Investment Portfolio
Venture |
| Nocd Energy Drink |
| Blue pine Foods |
| Ridebooz |
| Mycosiq |
| Heart up my sleeves |
| Skippi ice pops |
Facts
- She was a gold medalist in academics from 1993 to 2001. She’s a fantastic athlete as well.
- She won two gold medals & two silver medals in the IIT Madras Badminton Tournament.
- She received the Dulari Mattu Award for best woman all-rounder at IIM Ahmedabad in 2007.
- In 2012 and 2013, she received back-to-back medals from the Comrades Marathon Association.
- In 2020, she was named one of India’s young business leaders by the Economic Times’ 40 Under Forty Award.
- She is among India’s most prominent women in 2021, as per Forbes India magazine.
FAQs
Who is the Vineeta Singh?Vineeta Singh is the founder & CEO of Sugar Cosmetics.How did Vineeta Singh started her business?Vineeta started her first start-up right after college, which failed. She then started her second start-up which didn’t fly off. Eventually, she started Sugar Cosmetics, which is one of the market leaders in India.Is Sugar an Indian brand?Yes, Sugar Cosmetics is an Indian brand, that was started by Vineeta Singh & her husband.How did Vineeta Singh start sugar?Vineeta’s first start-up didn’t scale up so, she launched Sugar with her husband.Who has founded Sugar Cosmetics?Vineeta Singh & her husband Kaushik.