Shark Tank India judge and Sugar Cosmetics founder Vineeta Singh set up business worth Rs 500 crores in age 23

By Lokmat English Desk | Published: December 8, 2022 04:51 PM2022-12-08T16:51:59+5:302022-12-08T16:51:59+5:30

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Many seemingly impossible things can be made possible with strong willpower and hard work. 23-year-old Vineeta Singh has shown this to the world. At the age of just 23, this young woman who set up a business worth 500 crores is now widely appreciated all over the world.

Vineeta Singh, the founder of Sugar Cosmetics and judge of Shark Tank India, has made a mark of her achievements not only in the country but also around the world. But to reach this point, they have faced failure twice. Starting his own business at the age of 17.

Even after the initial failure, he did not give up. Today he has got a different identity because of Shark Tank India. Vineeta's parents were from medical background. So they wanted the girl to do something in this field of Engineering from IIT.

After completing her MBA from IIM, She was offered with a good package, but se started her business setup with two friends. But due to lack of investors in the business, they had to stop this setup. After this she started another business based on service provider.

In 2015, Vineeta and friend Kaushik Mukherjee started Sugar Cosmetics. This professional journey which started with just 4 lipstick shades has reached a different stage today. At that time there was not much fashion craze in the country. Starting a fashion brand in such a situation.

According to Vineeta Singh during one of her interviews, her father used to prevent her from going into the kitchen. He said that even if the chapati is not round, it will work. But he also advised that if you don't study, you will have to worry for the rest of your life.

Today, all four shades of Sugar Cosmetics lipsticks have become global brands. Today they have more than 2500 outlets in 130 cities. The annual turnover of his company has reached to Rs 500 crores. Vineeta Singh's journey is an inspiration to all.