Introduction
Vineeta Singh, the dynamic co-founder and CEO of Sugar Cosmetics, has emerged as a prominent figure in India’s entrepreneurial landscape. Her journey from rejecting a lucrative job offer to building a billion-dollar beauty brand is both inspiring and instructive.(Tumblr)
Early Life and Education
Born on August 6, 1983, in Anand, Gujarat, Vineeta Singh was raised in a family that valued education and perseverance. Her father, Dr. Tej P. Singh, is a renowned biophysicist at AIIMS, and her mother holds a Ph.D. (Wikipedia)
Vineeta completed her schooling at Delhi Public School, R.K. Puram, in 2001. She then pursued Electrical Engineering at IIT Madras, graduating in 2005. Her academic journey continued at IIM Ahmedabad, where she earned her MBA in 2007. (StartupTalky)
Career Trajectory
Early Ventures
During her MBA, Vineeta interned at Deutsche Bank but declined a ₹1 crore annual job offer to pursue entrepreneurship. Her initial venture, Quetzal, a background verification startup, did not succeed. Undeterred, she launched FAB BAG in 2012, a beauty subscription service that laid the foundation for her future endeavors. (Tumblr)
Founding Sugar Cosmetics
In 2015, Vineeta, along with her husband Kaushik Mukherjee, founded Sugar Cosmetics. Recognizing a gap in the Indian market for high-quality, affordable cosmetics tailored to Indian skin tones, they introduced products that resonated with the modern Indian woman. (mint)
Sugar Cosmetics: A Beauty Powerhouse
Sugar Cosmetics has rapidly ascended to become one of India’s leading beauty brands. With a valuation of approximately ₹4,100 crore as of 2024, the brand boasts over 35,000 retail outlets across 540+ cities. (affluense.ai)
The company’s success can be attributed to its digital-first approach, influencer collaborations, and a product line that caters to diverse Indian skin tones. Notably, Bollywood actor Ranveer Singh invested in Sugar Cosmetics in 2022, further amplifying its brand presence.
Vineeta Singh’s Net Worth
As of 2025, Vineeta Singh’s estimated net worth stands at ₹300 crore (approximately $36 million). This wealth primarily stems from her stake in Sugar Cosmetics, her role as a judge on Shark Tank India, and strategic investments in various startups. (Chegg India)
Detailed Tables
Table 1: Vineeta Singh’s Profile
| Attribute | Details |
|---|---|
| Full Name | Vineeta Singh |
| Date of Birth | August 6, 1983 |
| Place of Birth | Anand, Gujarat, India |
| Education | IIT Madras (B.Tech), IIM Ahmedabad (MBA) |
| Occupation | Entrepreneur, Investor |
| Known For | Co-founder & CEO of Sugar Cosmetics |
| Net Worth (2025) | ₹300 crore (approx. $36 million) |
| Spouse | Kaushik Mukherjee |
| Children | 2 |
Table 2: Sugar Cosmetics Growth Timeline
| Year | Milestone |
|---|---|
| 2015 | Founded by Vineeta Singh and Kaushik Mukherjee |
| 2019 | Recognized as Retail Start-Up of the Year |
| 2022 | Investment by Ranveer Singh |
| 2023 | Valuation reaches ₹4,100 crore |
| 2025 | Expansion to over 35,000 retail outlets across India |
Shark Tank India Fame
Vineeta Singh gained widespread recognition as one of the “Sharks” on Shark Tank India, which premiered in December 2021. Her insights, mentorship, and investments have inspired many budding entrepreneurs across the country. (affluense.ai)
Personal Life
Vineeta is married to Kaushik Mukherjee, her business partner and co-founder of Sugar Cosmetics. The couple has two children. Beyond her professional achievements, Vineeta is an avid fitness enthusiast, having participated in multiple marathons and triathlons. (LinkedIn)
Awards and Recognitions
- Forbes India W-Power List (2021)
- Young Global Leaders by World Economic Forum (2022)
- Most Powerful Women in Business by Business Today (2022 & 2023)
- Retail Start-Up of the Year by Entrepreneur (2019)
- Most Trusted Brand of India by CNBC TV18 (2021) (Wikipedia)
FAQs
1. What is Vineeta Singh’s net worth in 2025?
As of 2025, Vineeta Singh’s net worth is estimated to be ₹300 crore (approximately $36 million), primarily from Sugar Cosmetics and her investments. (planify.in)
2. How did Vineeta Singh start her career?
After completing her MBA from IIM Ahmedabad, Vineeta declined a high-paying job offer to pursue entrepreneurship, eventually leading to the founding of Sugar Cosmetics in 2015. (Tumblr)
3. What is Sugar Cosmetics’ valuation?
As of 2024, Sugar Cosmetics is valued at approximately ₹4,100 crore, making it one of India’s leading beauty brands. (Free Press Journal)
4. Is Vineeta Singh involved in any TV shows?
Yes, Vineeta is a judge and investor on Shark Tank India, which began airing in December 2021. (Threads)
5. What are Vineeta Singh’s other ventures?
Before Sugar Cosmetics, Vineeta founded FAB BAG, a beauty subscription service. She is also an active investor in various startups and has launched a Korean skincare brand, Quench Botanics, in collaboration with Kareena Kapoor Khan. (Wikipedia)