Shark Tank Vineeta Singh Biography, Check Her Career, Networth & Achievements

Vineeta Singh Shark Tank

Vinita Singh is an Indian businesswoman and the CEO and co-founder of Sugar Cosmetics. She is also a judge and investor on the TV show Shark Tank India.

Vineeta Singh Biography

Born in Anand, Gujarat, India in 1983, Vinita Singh grew up in a Hindu family in Delhi, India. Her mother has a PhD, and her father Tej Singh was a scientist at the All India Institute of Medical Sciences (AIIMS). She married college friend Kaushik Mukherjee on December 4, 2011.

Vinita studied at Rama Krishna Puram and Delhi Public School in Delhi. She has an electrical engineering degree from IIT Madras and an MBA from IIM Ahmedabad, which she completed between 2005 and 2007. During her MBA, she traveled to London, New York, and Deutsche Bank for a three-month externship.

Vinita and Kaushik have two sons, Vikrant and Ranveer Mukherjee. Despite her busy career, Vinita maintains a good balance between work and family. Her husband Kaushik, a former swimmer, decided to join her in competing in triathlons to combine their shared interests in fitness.

In 2015, Vinita and Kaushik co-founded Sugar Cosmetics and decided to handle different aspects of the business. Earlier, they ran a beauty subscription company together. Vinita is now the CEO of Sugar Cosmetics, which has a distribution network of over 35,000 points in 120 cities across India. The company focuses on creating high-quality cosmetics.

Vineeta Singh Biography
Image Source – Instagram
Attribute Details
Name Vineeta Singh
Profession Businesswoman
Famous For Co-founder of Sugar Cosmetics
Date of Birth 1983
Age (as of 2023) 40 years
Birthplace Anand, Gujarat, India
Nationality Indian
Father Tej Singh (Scientist at All India Institute of Medical Sciences, New Delhi)
Mother Name Not Known (Ph.D. Holder)
Husband/Spouse Kaushik Mukherjee (Co-founder of Sugar Cosmetics)
Sons Vikrant Mukherjee and Ranveer Mukherjee
TV Appearance The judge on Shark Tank India
Net Worth Approximately ₹815 crores
Social Media Instagram

Career Journey Of Vineeta Singh

During her MBA in 2006, Vinita did an internship at Deutsche Bank but turned down an annual salary of ₹1 crore to pursue her entrepreneurial dreams. She initially planned to start a lingerie business with a fellow graduate, but they could not raise the required funds.

In 2007, Vinita launched her first startup, Quetzal, which offered background verification checks for recruiters. However, it did not succeed. In 2012, she started her second venture, Fab-Bag, a subscription service that delivers beauty products monthly.

In 2015, Vinita co-founded Sugar Cosmetics with her husband Kaushik Mukherjee. The company sells cosmetics and personal care products tailored to the Indian market, focusing on diverse skin tones. In 2022, actor Ranveer Singh invested in Sugar Cosmetics and became its brand ambassador.

Sugar Cosmetics gained recognition after it secured a $50 million deal with private equity firm L Catterton. Vinita has appeared on the cover of magazines such as Forbes India, Business Today, and Businessworld. However, she faced several challenges including gender discrimination when investors insisted her husband join the company full-time before investing in it.

In 2023, Vinita launched the Korean skincare brand Quench Botanics in India, along with Bollywood actress Kareena Kapoor Khan and her husband. Forbes India has recognized Vinita as one of the “W-Power Women Achievers”.

Networth & Salary

Her net worth is estimated to be around ₹815 crores ($9 million) in 2024. She earns between ₹1 crore and ₹1.3 crore every month. Her company, Sugar Cosmetics, generates revenue of around ₹22 crores every year. In addition, Vinita earns additional money from her role as a judge on Shark Tank India, earning ₹5 lakhs for each episode.

Awards & Milestone

2001-2005:

  • Won 2 Gold and 2 Silver medals for IIT Madras at the Inter IIT Sports Meets.

2015:

  • Founded Sugar Cosmetics.

2019:

  • Won the “Start-up of the Year” award at the Entrepreneur Awards.

2021:

  • Received the W-Power Award by Forbes India.
  • Honored with the “BW Disrupt 40 Under 40” Award by Businessworld.
  • Listed in Fortune’s “40 Under 40” list.

2022:

  • Made it to the World Economic Forum’s “Young Global Leadership” list.
  • Raised a total of $87.5 million in funding across 6 rounds.
  • Sugar Cosmetics acquired ENN Beauty.
  • Closed a $50 million deal with private equity firm L Catterton.
  • Featured on the cover of Forbes‘ “Most Powerful Women in Business” (December 2021).
  • Listed in the Economic Times “40 Under 40” list.

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