Name | Vineeta Singh |
Born | 1983 |
Nationality | Indian |
Age | 40 years |
Net Worth | Rs. 75 crores |
Business | Sugar Cosmetic |
Veneeta Singh is one other entrepreneur functioning because the choose of the Shark Tank of Sony TV. Veneeta is an distinctive feminine entrepreneur who has created Sugar Cosmetics, thereby revolutionizing the beauty business in India.
She can be a Delhi-born like Amit Jain or Aman Gupta. She not solely created a beauty model. But additionally, she has been setting the requirements for Indian beauty manufacturers to spice up conscience, empower individuals, and really feel them up with confidence.
Her look on the Shark Tank Show made her a well-liked face within the nation via the favored TV channel Sony. She represents herself as an unbiased girl and an entrepreneur, empowering and influencing many ladies within the nation. Go via this text to find out about her full biography.
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Contents
Who Is Vineeta Singh?
There is a narrative of the wrestle behind each profitable entrepreneur, and Vineeta Singh is not any exception. Their lifestyle and the hunt for which means typically lead to a world marvel we can not cease appreciating. Sugar cosmetics founder Vineeta Singh is such a character.
Vineeta Singh is the founder and creator of the model referred to as Sugar Cosmetics. She can be one of many judges of the Sony TV present Shark Tank. She capabilities as a choose alongside Anupam Mittal, Peyush Bansal, and Ghjazal Alagh.
Vineeta Singh has additionally invested in numerous startups via the TV Show and holds greater than Rs.75 crores in net worth.
Early Life & Education
Vineeta Singh was born in a middle-class Hindu family in Delhi. She was born in 1983. Her father was a professor at IIT Madra, and her mom was a Ph.D.So, assumably, Vineeta belonged to an informed and secure family. Most of her tutorial background revolves round Delhi.
Vineeta Completed her college on the Delhi Public School and from Ram Krishna Purana between 1987 to 2001. After finishing highschool, she considered pursuing engineering and accomplished her B.Tech from the Indian Institution of Technology Madras between 2001-2005.
After college Vineeta additionally did a summer season internship at ITC Limited, Kolkata. Veneeta had a ardour for being a businesswoman from a really early age. When she was simply 17, she noticed her targets throughout a dialog along with her trainer. It might be for that cause, Vineeta Completed her MBA from IIM Ahmedabad.
Vineeta additionally did three months of internship at Deutsche Bank, each in New York and London. This illustrated tutorial background was an enormous push for her to start out her personal beauty model.
Entrepreneurial Achievement
While Vineeta was crossing one milestone after one other when it comes to her tutorial life, she bought numerous job presents. However, she shocked her associates and family by turning them down one after the other.
This was when she took her first step within the independence wrestle. Vineeta stepped out of her house and moved to Mumbai to start out Sugar Cosmetics on the age of 23. She was inexperienced and by herself in a small residence that she in comparison with a matchbox. It was small, and she or he barely had area for a very good life there. During rainfall, the residence used to flood.
Sugar Cosmetic
She was attempting, and the little financial savings and earnings she had have been on the point of finish. Failure was catching up and engulfing her so badly that she even regretted turning down all these job presents over the last 5 years.
It took her years, however Vineeta lastly discovered her strategy to success. This was when she began a magnificence subscription agency named Fab Bag. She was working day and night time, and at some point, she realized that Indian ladies lack good high quality make-up. Influenced by this realization, Vineeta Singh co-founded the beauty model Sugar Cosmetic along with her husband, Kaushik Mukherjee, in 2012.
Vineeta and her model tailor-made make-up merchandise particularly for Indian audiences. It was her personal private funding and a few exterior assist that helped her begin the model.
This solely was the tip of the iceberg she was going to find. Her merchandise quickly began to create buzz among the many Indian viewers. The model noticed numerous success, and at present, they’ve 1500 workers, and 75% of them are all ladies. According to the info revealed within the monetary yr between 2019-2020, the corporate generated Rs. 104 crores in income.
Vineeta Singh’s Net Worth
Currently, Vineeta Singh has a net worth of Rs. 75 Crores or $9 million. Her large wealth bought her listed among the many extremely esteemed businesswomen in India. She has confirmed herself within the new age of entrepreneurs which might be shaping the financial system of present India. Most of her wealth comes from her stakes in Sugar Cosmetics and the totally different startups she invested in.
Vineeta Singh additionally owns a Mercedes Benz 350-D that prices round Rs. 80 lakhs and a Skoda Octavia value Rs. 28 lakhs.
Vineeta Singh’s Personal Life
Vineeta Singh met her husband, Kaushik Mukherjee when she was pursuing MBA at IIM. The couple bought married in 2011. Kaushik serves because the CEO of Sugar Cosmetics now.
This reality would possibly shock many readers. But Vineeta had a mindset of a businesswoman from her childhood. As a toddler, she made {a magazine} collectively along with her good friend and offered the journal from one door to a different for Rs. 3.
Bottom Line
Vineeta can be one of many Sharks who judges the totally different startup house owners who audition on the Sony TV present. She has functioned because the choose and the investor of the Shark Tank present for the reason that present was on air in 2021. Vineeta’s contribution to the Cosmetic industry in India made many younger ladies comply with their desires and do one thing inspiring. Thanks to the present she is in now, Vineeta is likely one of the famous business personalities in India.
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