Vineeta Singh Net Worth 2024: Vineeta Singh is one of the co-founders and CEO of SUGAR Cosmetics. She has become somewhat of a household name in India today for relentless drive and entrepreneurial spirit. Her story is nothing if not inspiring. She forgo an extremely well-paying job offer to make one of the most successful cosmetic brands of this country and that alone speaks volumes about determination.
Her appearance on Shark Tank India as a judge has just cemented her position as an icon to emulate for future entrepreneurs, thus placing her among the icons of Indian business circles.
Vineeta Singh was born in 1983 to an academically sound family at Anand, Gujarat. Her father is Tej P. Singh, who works as a biophysicist at All India Institute of Medical Sciences. The atmosphere where Vineeta was raised was so intellectual that she graduated from DPS R. K. Puram. Vineeta later joined IIT Madras for her undergraduate studies in Electrical and Electronics Engineering. She completed the same in the year 2005.
Vineeta’s entrepreneurial spirit was nurtured early on, much like her Shark Tank India co-judge Ashneer Grover, who also attended a prestigious IIT for his undergraduate studies. While Vineeta earned her degree in Electrical Engineering from IIT Madras, Ashneer completed his BTech in Civil Engineering from IIT Delhi.
After completing her engineering degree, Vineeta took her ambitions further by completing her MBA at IIM Ahmedabad in 2007, where she honed the business acumen that would later define her career.
Vineeta started off in 2007 with the first of her startups, Quetzal, which focused on background verification checks. Though she could only see modest success through the company, it would pave the way for her future business ventures. It was in 2012 that she founded Fab-Bag-a subscription-based platform offering beauty products-that marked her rise into the business world.
| Attribute | Details |
| Name | Vineeta Singh |
| Net Worth 2025 (in dollar) | $500 million (estimated) |
| Net Worth in Rupees | ₹3,750 crore (estimated) |
| Net Worth in Billion | $0.5 billion |
| Wealth | Self-made entrepreneur |
| Richest People in India Rank | Top 100 (estimated) |
| Gender | Female |
| Nationality | Indian |
| Address | Mumbai, Maharashtra, India |
| Website | www.sugarcosmetics.com |
| Property | Multiple properties in Mumbai and Delhi |
| Year | Net Worth in Rupees (INR) |
| Net Worth 2020 | ₹200 crore |
| Net Worth 2021 | ₹210 crore |
| Net Worth 2022 | ₹230 crore |
| Net Worth 2023 | ₹260 crore |
| Net Worth 2024 | ₹300 crore |
| Net Worth 2025 | ₹300 crore |
Vineeta Singh’s car collection represents her taste for luxury and performance. Some of the standout vehicles in her collection include:
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Vineeta Singh entered the beauty industry with the launch of SUGAR Cosmetics in 2015, along with her husband, Kaushik Mukherjee. The brand soon gained popularity for its high-quality, cruelty-free makeup that was specifically designed for the Indian market. SUGAR Cosmetics has been able to become one of the most loved makeup brands in the country by catering to the needs of Indian women.
The SUGAR community is large, with a beautiful following of about 2.8 million on its official Instagram page and around 1.7 million subscribers on YouTube. Singh attributes a great deal of growth to the company’s content and community engagement strategy.
SUGAR Cosmetics is headed into a very interesting growth strategy that plans to raise funds for larger-expansion projects and lists its IPO for 2025. The brand raised ₹87.5 million in six rounds of funding, along with the support of investors such as Elevation Capital, L Catterton, and A91 Partners. The financial backing will help SUGAR expand its presence to over 550 cities and over 40,000 retail partners within these regions.
If they speak of financial performance alone, SUGAR Cosmetics registered a revenue growth from ₹2022 to ₹420 Crores in 2023. However, the company has suffered consistent losses, having lost ₹76 Crores in two years. That said, the growth trajectory of the brand and its IPO plans in the future seem promising.
Shark Tank India has changed what is perceived as reality television in India, and with her role as an investor and judge on the show, Singh has significantly cemented her position in the world of entrepreneurs. Known for her business acumen, her strategic mind has seen her make a slew of other effective investments into budding startups.
Vineeta has made an investment in several innovative companies and startups from Push Sports to ReFit Global, Koparo Clean, Nasher Miles, and many others. Her penchant for innovative concepts along with her business mind has put her at the top amongst the most competitive investors in the show at all times.
Vineeta Singh net worth in 2024 is ₹300 Crores, which equals nearly $3 million. This is extremely remarkable in terms of financial achievement and is a fantastic success in the rising SUGAR Cosmetics.
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Founded in 2015, SUGAR Cosmetics rapidly climbed to the top of the Indian beauty market. With humble beginnings, the brand rapidly expanded its product line and fame across various markets.
Today, SUGAR Cosmetics is thought to be worth ₹4,100 Crores. This value reflects its novelty in the beauty industry and its ability to reach out to a large and diverse audience. The key to the brand’s success is an emphasis on quality, reasonability, trendy products that tie into the present-day beauty essence, coupled with some powerful marketing and influencer collaborations.
2021: $7.8 Million
Vineeta Singh’s net worth in 2021 came to $7.8 million on the back of SUGAR Cosmetics’ success and strategic investments in various startups.
2022: $8.4 Million
Also in 2022, her net worth rose to $8.4 million on the booming SUGAR Cosmetics, adding up to her fame as a judge in Shark Tank India.
2023: $9 Million
By 2023, Vineeta’s net worth peaked at $9 million, thanks to the booming operations of SUGAR Cosmetics plus the diversity of her active investments.
2024: $3 Million
Fine therefore fell in 2024 to $3 million by market variations and other business challenges. Emphatically, a nurturing environment is just about to grow given the optimism for the future growth.
Shark Tank India garnered a lot of attention for Vineeta Singh, and also gave her a boost. Apart from becoming more famous, she was able to meet new potential investors. Hence, fresh investments from new ideas developed into start-up companies, brunching on whatever. The diversified portfolio has always helped her ascend finance.
In Season 3 of Shark Tank India, Vineeta made two huge deals, and each was worth more than 1 crore. They were: Aadil Qadri’s Perfumes and Attar: Vineeta invested 1 crore for a 1% stake in the company and 1% royalty until the investment was reimbursed.
ORBO AI (AI-Based Beauty Advisor): She again invested 1 crore for 1% equity in this firm. These investments reflect Vineeta’s strategic ways of supporting unfamiliar ideas that resonate with her views and expertise, and there’s tremendous investment towards her growing wealth.
On the flip side, Vineeta looks to take SUGAR Cosmetics to growths of 40%-50% a year. The goal is to build brand leadership in the Indian color cosmetics market while taking international revenues to 10% in two years. Vineeta leads it in a forward manner: growth of leadership and the leap into international arenas.
Stage every earthquake that stands in her path; she would not let any of them stop her. By leading exemplary examples, she envisions to inspire all women into becoming leaders in business or investments.
The Startup of the Year Award in 2019 – Entrepreneur Awards Delhi for remarkable contributions toward start-up ecosystems and return on Spice Cosmetics.
Vineeta was featured on the cover of Forbes in 2021 for being among the 100 Most Powerful Women in Business as a tribute to her leadership and contribution to the business world.
40 Under 40 by The Economic Times – The magazine counted her among the youngest powerful business leaders under forty with a reference to her entrepreneurial journeys.
Rejecting a Salary of 1 Crore: After IIT and IIM, she decided to drop from a high-paid investment banking career to lead her entrepreneurial dreams.
Survived on 10,000 a Month: Apparently she was poor for a time and survived literally on 1,000 a month while making her move in establishing a business.
Denounced for Gender Inequality: Vineeta Singh faced this discrimination in view that she was never supported for her entrepreneurial endeavor unless her husband was brought on board.
Premature: Born seven weeks premature with a weight of 1.2 kg, and, after a two-week-long stay in the incubator, all of these stories have played a role in tempering her character toward empathy.
Failed Start-Up Before Success: From Sugar Cosmo, Vineeta began with various business ventures-from insurance to beauty subscriptions-and rightly learning from those curves.
Built a 4,000 Crore Business: Despite the hardships and consecutive refusals, she turned down the rejections, and one of the few successful ventures that came out of this scenario stood at around 4,000 crores.
In 2012, along with her husband Kaushik Mukherjee, Vineeta co-founded Sugar Cosmetics with soon grew to be a market leader with bold and inclusive products.
A quintessential transition from a middle-class girl to an entrepreneur and investor, in resilience, vision, and grit, stands out with Vineeta Singh. As entrepreneur for SUGAR Cosmetics and the spearhead of investment strategies during Shark Tank India, she’d continue to inspire ripples in the inertia-filled socio-business environment of this country.
She is the one to look up to for an emerging entrepreneur and to be inspired to start and run their company with innovation, resilience, and wise decision-making.
Vineeta Singh is a successful entrepreneur and co-founder along with CEO of Sugar Cosmetics. She is known for her strategic investments and is a judge on Shark Tank India.
Vineeta Singh has a projected net worth in 2024 of approximately ₹300 crores ($3 million), obtained chiefly from her ability to move Sugar Cosmetics forward and invest in other startups.
Vineeta Singh has graduated from IIT Delhi, and the degree was an apple of the eye that brought her into the commercial world after her MBA study in IIM Ahmedabad.
Yes, she did. After graduating, she was once deferred from accepting a job offer of Rs 1 crore, with the dream of becoming an entrepreneur herself.
In 2012, Vineeta Singh with Kaushik Mukherjee started sugar cosmetics with a vision to give quality makeup ranges to Indian consumers at an affordable price.
At the present time, Vineeta Singh does not disclose what percentage of equity she has in Sugar Cosmetics.
Vineeta Singh had many episodes of failure in the form of some unsuccessful startups and also sexism in the workplace. However, from all these failures, she learned, and thus she would become a success story in the Womincore business world with Sugar Cosmetics.
Source: Vineeta Singh Net Worth
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Disclaimer: The net worth, assets, and other information shared here are based on reports from News websites. Sometimes, celebrities or their teams also provide their input, which we include when available. We aim to provide accurate information, but unless stated otherwise, these numbers are approximate. We welcome feedback at info@eblogtalk.com.
This post was last modified on March 2, 2025
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