In this article, we will delve into Vineeta Singh Net Worth 2023, biography, career, early life, family. Vineeta Singh is a successful businesswoman who has made her mark in the Indian business world with her hard work and innovative ideas. She is the CEO and founder of Sugar Cosmetics, a popular cosmetic brand in India. Vineeta Singh’s net worth is estimated to be around Rs. 660 crore, making her one of the wealthiest businesswomen in the country.
Early Life and Education
Vineeta Singh was born in 1983 in Delhi, India. She completed her schooling from Delhi Public School and Ram Krishna Purana in Delhi. Vineeta then pursued her B.Tech in Electrical Engineering from the Indian Institute of Technology, Madras, in 2001-2005. She did a summer internship at ITC Limited in Kolkata in May 2004.
Later, she pursued her MBA from the Indian Institute of Management, Ahmedabad, in 2005. During her MBA, Vineeta did a three-month internship at Deutsche Bank in London and New York. She worked with the Emerging Markets Structures team in London and the Strategic Equity Transactions group in New York.
Career and Business Ventures
After completing her MBA, Vineeta Singh had a job offer of Rs. 1 crore as an investment banker, but she turned it down and decided to start her own business. She failed to start her first two businesses, but that did not stop her from pursuing her entrepreneurial dreams.
In 2015, Vineeta Singh came up with the idea of starting her own cosmetics brand, Sugar Cosmetics. At that time, there were not many big brands in the cosmetics sector in India. Vineeta saw an opportunity and decided to target women who were models, actresses, or from high rich families. She did extensive research and started Sugar Cosmetics, which began selling its products online.
Sugar Cosmetics’ popularity grew quickly, and in 2019, the brand opened its first store in Uttar Pradesh. Now, the company has more than 200 stores in 110 cities, making it one of the leading cosmetics brands in India. Sugar Cosmetics’ success has made Vineeta Singh a well-known businesswoman in the country.
Personal Life and Family
Vineeta Singh’s father, Tej Singh, was a scientist at AIIMS. Vineeta is married to Kaushik Mukherjee, whom she met while pursuing her MBA. Kaushik is the President and CEO of Sugar Cosmetics, and the couple has two children.
Vineeta Singh’s Net Worth 2023
Vineeta Singh’s monthly income is estimated to be around Rs. 7 to 8 crores, and her annual income is around Rs. 100 crores. Her net worth is estimated to be around Rs. 660 crore. Vineeta Singh owns a Mercedes Benz 350-D worth Rs. 80 lakhs and a Skoda Octavia worth Rs. 28 lakh. She lives with her family in her own house in Mumbai.
Vineeta Singh is a successful businesswoman who has built a successful cosmetics brand in India. Her net worth of Rs. 660 crore is a testament to her hard work and innovative ideas. Vineeta’s story is an inspiration to many young entrepreneurs who dream of making it big in the business world.