She Once Rejected a 1 Crore Salary Job: Shark Tank Vineeta Singh Biography!
Vineeta Singh, the CEO and co-founder of the renowned company and brand Sugar Cosmetics, has encountered numerous failures in her life, yet she never stopped learning from them. She is now a member of Shark Tank India. and awarded the Most Powerful Women Award. Today, we will share the inspirational life story of Vineeta Singh, a Few facts and also sugar cosmetics founder Vineeta Singh’s biography, in detail. how she embarked on her journey with just 10,000 rupees and eventually became the CEO of a 300 crore company.
She Once Rejected a 1 Crore Salary Job: Shark Tank Vineeta Singh Biography!
- Sugar Cosmetics, founded in 2012 by Vineeta Singh and Kaushik Mukherjee, is a leading Indian cosmetics brand known for its high-quality, affordable products.
- Vineeta Singh, born in nov21 1983, is an Indian entrepreneur and the CEO and co-founder of Sugar Cosmetics.
- Vineeta Singh is 41 years old as of 2024.
- Sugar Cosmetics stands as a prominent beauty products company, spearheaded by Vineeta Singh.
- Vineeta Singh has been a judge/investor, known as a shark, on the business reality TV show Shark Tank India since its inception in 2021.
Vineeta Singh Educational Qualification- Sugar Cosmetics Founder Story
Vineeta Singh used to fear failures :
- Vineeta Singh was born in 1983 in Anand, Gujarat. Her mother holds a PhD, and her father, Tej Pal Singh, is a biophysicist at the All India Institutes of Medical Sciences.
- Vineeta Singh is the only child of her parents.
- She won so many medals in her school and college life by participating in games, such as Badminton, and running in marathons.
- She completed her education at Delhi Public School, R. K. Puram in 2001, and then enrolled at the Indian Institute of Technology (Madras) the same year.
- Vineeta Singh graduated with a bachelor’s degree in electrical engineering from IIT-M in 2005.
- Subsequently, she pursued an MBA from the Indian Institute of Management (Ahmedabad) and completed her studies in 2007.
- Vineeta Singh excelled in both academics and sports during her childhood, attributed to her parents’ professions.
- Despite her fear of failure, Vineeta Singh decided to take risks in her life after completing her MBA, aiming for greater success.
Few Facts About Vineeta Singh’s career:
- During her MBA studies in 2006, Vineeta Singh worked as a summer intern at Deutsche Bank but rejected a job offer despite an annual Rs 1 crore salary.
- Rejecting a 1 crore salary job Vineeta started her business with just a 10,000 per month salary.
- In 2007, she founded her first startup, Quetzal, aiming to provide background verification checks to recruiters, but it failed to succeed due to funding issues.
- Facing rejection from investors due to lack of business experience, Vineeta Singh decided not to seek investment for her ventures.
- In 2012, she started her second startup, Fab-Bag, a subscription platform offering monthly deliveries of beauty products.
- Vineeta Singh founded her third startup, Sugar Cosmetics, with her husband in 2015, focusing on selling cosmetics and personal care products tailored to the Indian market.
Vineeta Singh Sugar Cosmetics Story: How Vineeta Singh Builds Sugar Cosmetics?
- Sugar Cosmetics was founded by Vineeta Singh and her husband Kaushik Mukharji in 2012.
- Singh extensively researched products and consumer interests before starting the business.
- Initially, the business did not yield significant results, but it gained popularity over time, especially with the rise of social media trends.
- Singh believed in selling quality products at affordable prices and refrained from heavy advertising.
- Sugar Cosmetics focuses on creating skin-friendly and long-lasting products sold at reasonable prices.
- The success of Sugar Cosmetics has established Vineeta Singh’s position in Shark Tank and solidified her career.
Vineeta Singh Husband Kaushik Mukherjee: Shark Tank Vineeta Singh Husband
- Vineeta Singh, an IIT Madras and IIM Ahmedabad graduate, declined a ₹1 crore job offer from an investment bank to pursue entrepreneurship.
- Kaushik Mukherjee, also an IIM Ahmedabad graduate, held leadership roles at McKinsey & Company and Amazon.
- Vineeta Singh and Kaushik Mukherjee married in 2011 and have two sons, Vikrant and Ranveer Mukherjee.
- The couple met during their studies at IIM Ahmedabad and played significant roles in building Sugar Cosmetics.
Sugar Cosmetics Vineeta Singh’s total net worth in 2024-
- Vineeta Singh earns 8 to 9 crore per month through her brand, Sugar Cosmetics.
- As a shark on Shark Tank India, she earns 10 lakh per episode.
- Vineeta Singh’s total net worth is approximately 300 crore.