The entrepreneur gained notoriety after being appointed a judge on the television show 'Shark Tank India.'
Many business owners hold degrees from reputed institutions such as IIT and IIM. One of India's most successful businesswomen is Vineeta Singh, the founder of 'Sugar Cosmetics'. The businesswoman became famous after being selected as a judge for the TV series 'Shark Tank India.'
Here's the inspiring story of Vineeta Singh, who turned down a job at a salary of Rs. 1 crore to launch a multi-crore business.
According to media reports, the CEO and founder of Sugar Cosmetics, a popular cosmetics brand, has a net worth of Rs 300 crore. Vineeta Singh financed several businesses through Shark Tank India.
Before, SUGAR Cosmetic Vineeta Singh also founded two unsuccessful ventures. In 2015, she considered launching a new company. She came up with the idea for a makeup brand. At the time, there were not too many cosmetics brands in the country.
She asserted that the market of the cosmetic industry failed to fulfill the requirements of today's women. Among her initial targets were rich women, models, and actors. Vineeta established "Sugar Cosmetics," a cosmetics company, after conducting market research. At first, Sugar Cosmetics sold its products exclusively online. In Uttar Pradesh, the first store opened its doors in 2019.
Vineeta Singh completed her schooling from Delhi Public School and Ram Krishna Purana from 1987 to 2001. From 2001 to 2005, she completed her B.Tech in Electrical Engineering from the Indian Institute of Technology, Madras. She finished her three-month summer internship with ITC Limited in Kolkata in May 2004.
In 2005, she graduated with an MBA from Ahmedabad's Indian Institute of Management. She also did an internship with Deutsche Bank in London and New York. During her internship, she completed tasks at the Emerging Markets Structures division in London and the Strategic Equity Transactions unit in New York.
She was forced to live in a small house in Mumbai when she first started out, and during the rainy season where she frequently experienced flooding. She now lives in a lavish house in Powai, though. Kaushik Mukherjee is the husband of Vineeta Singh. While pursuing their MBA, the couple fell in love, and in 2011 they got married. Her spouse Kaushik is Sugar Cosmetics' COO and co-founder. The couple's has been blessed with two boys.
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