Vineeta Singh is an entrepreneur who founded Sugar Cosmetic and serves as its Chief Executive Officer. In addition, she sits on the judging panel of a reality show called Shark Tank India, which airs on Sony Entertainment Television. Vineeta Singh’s life story is the subject of this article in its entirety. If you read this post, you will learn a variety of information regarding Vineeta Singh, including her age, qualifications, net worth, early life, career, family, and boyfriends, among other things. You need to keep reading this article all the way to the end if you want to learn more about Vineeta Singh and her life story.
Vineeta Singh Biography
Vineeta Singh, a successful businesswoman from India, was born in the city of Delhi in India. She attended the Delhi Public School in Delhi as well as Rama Krishna Puran in Delhi and graduated from both of those schools. Her husband’s name is Kaushik Mukherjee, and the names of her children are Vikrant and Kaushik. In 2012, she became a co-founding member of Fab Bag, and as of recent, she is acting as the Chief Executive Officer of her own Sugar Cosmetics company. Her children’s names are Vikrant and Kaushik.
Know more about Vineeta Singh, by reading the details which are tabulated below.
37 Years (as of 2021)
Two Sons (Vikrant & Kaushik)
Traveling, Playing, Cycling & Swimming
Vineeta Singh attended IIT Madras for her undergraduate studies in Electrical Engineering and IIM Ahmedabad for her graduate studies in Business Administration. As I indicated before, she is the Founder and CEO of SUGAR Cosmetic, a cosmetic brand that boasts that it has a distribution network of 35,000 points spread out throughout 120 cities in India.
Vineeta Singh Net Worth
Vineeta Singh’s net worth is about $8 Million, more details about her beauty brand “SUGAR Cosmetic” are mentioned below, check them too.
Vineeta Singh Early Life
Who precisely is this Vineeta Singh? Vinita Singh was born in Delhi, India, in 1991, and eventually went on to become an entrepreneur. Her educational background includes time spent at both Delhi Public School and R.K. Puram. She pursued her education by earning a Master of Business Administration degree from the Indian Institute of Management Ahmedabad after receiving a Bachelor of Electrical Engineering degree from the Indian Institute of Technology Madras.
Vinita pursued her education in the arts while she was employed at ITC Ltd. During the summer, she worked as an intern with Deutsche Bank. Additionally, she became a co-founder of Fab Bags in the year 2012. Since 2015, she has been acting in the role of Chief Executive Officer at Sugar Cosmetics.
Veenita Singh Personal Life
Veena Singh completed her education at IIT Madras and IIM Ahmedabad, and she worked as a summer intern at Deutsche Bank during her time there. Her favourite things to do in her spare time include travel, playing, cycling, and swimming. She also enjoys engaging in idle chatter with her family and friends.
Let’s get familiar with some of the major turning points in her life.
Veena Singh, at the age of 23, made history in India when she became the youngest postgraduate in the country to turn down a placement offer for one crore rupees per year from a global investment company to begin her own HR Company services.
Veena Singh is regarded as one of the most thoughtful ladies in the world’s top one hundred.
The first business-related reality show in India will have Veena Singh serving as a judge on it. The show is called Shark Tank India.
The reality show known as “Shark Tank India,” in which she participates as a judge, debuted for the very first time on Sony TV on December 20th, 2021. The trailer for the show was posted on November 24th, and the premiere will be airing on Sony TV from Monday through Friday at 9:00 PM.
Vineeta Singh serves not just as a judge for this competition but also as one of the other seven judges on the broadcast. Ashneer Grover, Peyush Bansal, Namita Thapar, Anupam Mittal, and Ghazal Alagh are the other six judges. Aman Gupta is also a member of the panel. If you are interested in learning more about them as well, then you should go here.
As a result of the fact that Shark Tank India is the first Indian reality show in which entrepreneurs will discuss their business concepts, Vineeta Singh will be participating in the show.
Vineeta Singh Company
Sugar was established by Vineeta Singh after she was unsuccessful in establishing two other businesses and rejected a job offer from a major investment firm that would have paid her “one crore.” You got that right. She didn’t want to make something for another person; rather, she was intent on making something for herself. Singh and her husband, Kaushik Mukherjee, have just launched their third business venture together.
The Indian cosmetics market was dominated by international companies such as Lakmé, L’Oréal, and MAC Cosmetics. After that, in 2012, SUGAR was introduced with the goal of being India’s most successful rapidly expanding cosmetics brand, beating out a great number of other national and international companies. Sugar has become India’s most rapidly expanding beauty brand in the space of just five years. More than 2500 branded outlets are located in over 130 locations across the country, and the company brings in more than 100 crores in annual income.
A beauty brand that was developed through the skilled workmanship of cities in Germany, Italy, the United States of America, India, and South Korea is currently winning across all countries. The company’s revenues increased by a significant amount, going from INR 57 crores in 2019 to INR 104 crores in FY20, with a corresponding growth in sales of 15% all over the world.
Vineeta Singh Achievements and awards
She won a gold medal in each of her academic years from 1993 to 2001. Additionally, she has a lot of athletic ability.
She was presented with two gold medals and two silver medals during the IIT Madras Badminton Tournament.
In 2007, she was given the Dulari Mattu Award, which is given to the female student at IIM Ahmedabad who is considered to be the finest all-around performer.
The Comrades Marathon Association honoured her by awarding her medals for completing South Africa’s highest Ultra-Marathon, the Comrades Back-to-Back, in 2012 and 2013. The Ups and Downs Ultramarathon is 89 kilometres long, and the Comrades Back-to-Back Ultramarathon is also 89 kilometres long.
She was honoured as one of India’s rising young business leaders with the 40 Under Forty Award from the Economic Times in the year 2020.
The Indian edition of Forbes magazine predicts that by the year 2021, she would be one of the most powerful women in India.
She was selected as an expert on Amitabh Bachchan’s show Kon Banega Crore Pati (KBC), which is considered to be one of his most popular programmes.
In addition, this woman has been developing best-selling beauty products for more than a decade at this point, which has resulted in annual revenue of several millions of dollars.
SUGAR cosmetics made its mark in India
As a result of Vineeta’s prior business, Fab Bag, she became aware of the demand for high-quality cosmetics in India. Because there was a lack of inclusive beauty products that were also economically sensible, SUGAR was created to fill this void.
In India, the market for cosmetics is experiencing growth. When individuals are unable to locate the appropriate shade or product, they generally turn to major multinational brands. When this happened, Vineeta made the decision to create something that was created in India.
Vineeta Mukherjee and her husband Kaushik Mukherjee wanted to develop a line of cosmetics that were tailor-made for Indian skin tones and for the Indian market. They were inspired by the extensive range of colours and textures that are available to the people of India.
SUGAR Cosmetics was established by Vineeta Mukherjee and her husband, Kaushik.
The beauty industry was not necessarily her primary focus for a long time. Vineeta’s upbringing in a home in which both of her parents were scientists meant that she never developed an interest in cosmetics or the art of beauty. She did, however, want to make something that was geared at women as her intended audience.
“So what I was quite sure about is the fact that women were becoming more secure and independent in their decision making was going to affect many sectors that revolve around them,” she said in an interview with entrepreneur.com revealing more about the inspiration behind Sugar. And I yearned to be a component of that.”
In 2015, the company got its start by making a stir on social media, as its primary audience consisted of members of Generation Z and Millennials.
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