Vineeta Singh, an entrepreneur, Vineeta Singh is a creator, businesswoman, and CEO of Sugar Cosmetics. Sugar Cosmetics is at full speed on its way to becoming the top beauty brand in India. Her estimated net worth is approximately $ 8 million, according to reports. This blog will provide you with information about her life, journey, job, family, and everything else you need to know. Finally, you’ll understand why you should be interested to know about Vineeta Singh and what you can learn from her. So stay tuned with us all the way to the conclusion!
Table of Contents
Vineeta Singh’s biography
Vineeta Singh was born in Delhi in 1984 and appeared on the cover of Forbes India’s Women Power 2021 magazine. Sugar Cosmetics is India’s most popular cosmetics business, was started by her. She was also a member of Fan Bag’s co-founding group. Singh was also Director of Quetzal Verify Private Limited. If you follow her on Instagram, you probably already know that she enjoys literature, running, cycling, and swimming. Also, you’ll be lucky if she responds to your DM because she doesn’t respond to them very often.
Early Life & Education
She attended Delhi Public School in Delhi from 1987 and later completed her Senior Secondary education in 2001 from Rama Krishna Puran in Delhi. She earned a bachelor’s degree in electrical engineering from IIT Madras in (2001-2005) and a master’s degree in business administration from IIM Ahmedabad in (2005-2007). After a couple of project failures, the entrepreneur founded Sugar Cosmetic and currently serves as its Chief Executive Officer.
Now, She is also a judge on the Sony Entertainment reality show called ‘Shark Tank’ India. The Indian version of the American show “Shark Tank” is a business reality TV show. It features entrepreneurs who give business presentations that are judged and incorporated by judges who determine whether or not to fund the model in their company.
Vineeta Singh Husband, Family
Her father, Tej Singh, 72 years old, was an A scientist at the “All India Institute of Medical Sciences”. He is so dedicated and passionate about his work. It’s evident that her mother and father have greatly influenced her in making her what she is today. In 2011, Vineeta Singh married Kaushik Mukherjee, whom she met during her post-graduation MBA. Her life partner is also her business partner. SUGAR Cosmetics’ Co-Founder and Chief Operating Officer is Kaushik Mukherjee.
The duo is known as the “Ironman couple.” As they became India’s first couple to complete the world’s longest race. Vikrant and Kaushik are their two sons.
Startup story of sugar Cosmatics
The startup and success of Sugar took two failures of Vineeta Singh and she turned down a job offer of “₹1 crore” offered by a global investment bank. Yes, you read that right. The reason was simple: to do something of her own. Sugar came as Singh’s third startup which she launched her husband Kaushik Mukherjee.
At the time the market was dominated by global brands like Lakmé, L’Oréal, and MAC Cosmetics, and then in 2012 SUGAR was inaugurated only to come up as India’s fastest-growing beauty brand by competing with many national and international brands. SUGAR launched and quickly became India’s fastest-growing beauty brand, with a distribution network of 2500+ branded retail outlets in more than 130 cities and a revenue of more than 100 crores in just its five years of span.
The beauty brand currently is winning over countries and is manufactured under the craftsmanship of cities of Germany, Italy, India, the USA, and Korea. SUGAR cosmetics earned a major stake in revenue from INR 57 crores in 2019 to INR 104 crores in FY20 with a 15% sales revenue globally.
Vineeta Singh Achievements and awards
She was a gold medalist in academics throughout her school life from 1993 to 2001. The genius mind is an athlete as well.
She won 2 Gold and 2 silver medals in IIT Madras in inter IIT Badminton Tournament.
She was acknowledged as the best woman all-rounder for Dulari Mattu Award at IIM Ahmedabad in the year 2007.
She bagged medals in Comrades Marathon Association and was awarded the Comrades Back-to-back medals for completing the Ups and Down Runs (89 km) which was the world’s greatest Ultra- marathon organized in South Africa in the year 2012 and 2013.
She was named one of India’s young business leaders in the Economic Times’ 40 Under Forty Award in 2020.
She was featured as a powerful woman in Forbes India magazine in 2021.
She was a judge on the SET India show ” Shark Tank,” which premiered in December 2021.
She was chosen as an expert in one of Amitabh Bachchan’s most famous programs, Kon Banega Crore Pati (KBC).
Besides as we all know, the lady is famous for the creation of the stylist and one of the bestselling beauty products which have been generating millions of revenue every year.
What does she have to say to Indian Entrepreneurs?
The enthusiastic, multi-talented mind has some of Her secrets or remedies of success and a few words of wisdom to share with you. Take it as life lessons or success tips, that’s up to you, it can work as both.
Vineeta Singh, the leading entrepreneur has this advice to every aspiring entrepreneur that, ” Be prepared! If you are ready to invest 10-12 years of your precious life in your dream project only then get ahead to write down your success story and always remember, there’s no shortcut to success.”
Success and failures are secondary. What you should prioritize is the dare to dream and do it, no matter whatever comes after. If you are on the verge of giving up on your dreams, try a bit harder, hang in there a bit longer!
Kyuki thodi himmat , thodi zidd, Soch badal sakti hai!
By Vineeta Singh