Vineeta Singh

Last updated

Vineeta Singh
Born1983 (1983) (age 41)
Anand, Gujarat, India
Education Delhi Public School, R. K. Puram
Alma mater
OccupationEntrepreneur
Years active2007–present
Organization Sugar Cosmetics
Television Shark Tank India (2021–present)
Spouse
Kaushik Mukherjee
​
(m. 2011)​
Children2
Father Tej P. Singh

Vineeta Singh (born 1983) is an Indian entrepreneur and CEO, co-founder of Sugar Cosmetics. She has been a Shark (i.e. judge/investor) on the business reality TV show Shark Tank India since the show started airing on SonyLIV in 2021. [1]

Contents

Early life and education

Singh was born in 1983 in Anand, Gujarat. [2] Her mother holds a PhD and her father Tej P. Singh is a biophysicist at the All India Institutes of Medical Sciences. [3]

Singh completed her education at Delhi Public School, R. K. Puram in 2001. [4] She then enrolled in IIT Madras that year. [5] Singh completed her electrical engineering studies at IIT-M and earned her bachelor's degree in 2005. [6] Afterward, she obtained an MBA from Indian Institute of Management Ahmedabad in 2007. [7]

During her MBA studies, in 2006, she worked as a summer intern at Deutsche Bank and rejected a job despite an annual ₹1 crore salary. [8] [9] Singh and the other graduate who rejected the same offer wanted to start their own lingerie business, [10] but the idea did not take off as they could not raise the required funding. [7]

Career

In 2007, Singh founded her first startup Quetzal. [11] However, providing background verification checks to recruiters failed to succeed. She started her second startup Fab-Bag in 2012, a subscription platform that provided monthly deliveries of beauty products. [12] Her third startup, Sugar Cosmetics, Singh founded together with her husband in 2015. [13] The company sells cosmetics and personal care products geared towards the Indian market. [14] [15] After closing a $50 million deal with private equity firm L Catterton, Singh characterized the company's products as catering to the preferences of women with diverse skin tones. [16] In September 2022, actor Ranveer Singh invested an undisclosed amount and became a "brand evangelist" of Sugar Cosmetics. [17] [18]

Singh appeared on the hard copy cover pages of business magazines, such as Forbes India , Business Today , and Businessworld . [23] To Business Today, she revealed that funding was once only granted under the condition that her husband joined the company full-time, which she viewed as gender discrimination. [24] [25] In 2021, Forbes India listed Singh as one of its Forbes India W-Power list of women achievers. [26] [3] In 2023, Bollywood actress Kareena Kapoor Khan formed a joint venture with Singh and her husband, to launch a Korean skincare brand Quench Botanics in India. [27]

Awards and recognition

Singh has received the following awards and recognitions, either personally or in recognition of Sugar Cosmetics' entrepreneurial achievements:

Entertainment

Singh is one of the major investors/judges on the business reality show Shark Tank India . [37] [38]

In 2022, Singh along with the other Shark Tank India judges appeared as a VIP contestant in Kaun Banega Crorepati , the Hindi version of Who Wants to Be a Millionaire? . [39] She also appeared as a guest on The Kapil Sharma Show together with other Shark Tank India judges in the same year. [40] [41]

Personal life

In 2011, Vineeta Singh married Kaushik Mukherjee and the couple have two sons. [42] She met Kaushik during their studies at IIM Ahmedabad. [43] [44]

Singh is a triathlete and ultramarathon runner and has participated in 20 marathons, ultramarathons, and 12 half-marathons. [45] She also took part in the 89-km Comrades Marathon from 2012 to 2014. [46] She completed the 2017 Ironman Triathlon in Austria. [47] In the 2018 Mumbai Marathon, she ran a total of 21 km in 2:42:51s while being 6 months pregnant. [48]

Related Research Articles

<span class="mw-page-title-main">Indian Institute of Management Ahmedabad</span> Business school in India

Indian Institute of Management Ahmedabad, is an Indian business school, located in Ahmedabad, Gujarat, India. As one of India's premier Indian Institutes of Management, the school has been accorded the status of an Institute of National Importance by the Ministry of Human Resources, Government of India in 2017.

<span class="mw-page-title-main">Indian Institute of Management Kozhikode</span> Indian autonomous public business school

Indian Institute of Management Kozhikode is an autonomous public business school located in Calicut (Kozhikode), Kerala. The institute, set up in 1996 by the Government of India in collaboration with the State Government of Kerala, is one of the 20 Indian Institutes of Management (IIMs). It was the fifth IIM to be established.

<span class="mw-page-title-main">Indian Institute of Management Mumbai</span> Indian graduate business school

Indian Institute of Management Mumbai, formerly known as the National Institute for Training in Industrial Engineering and later as National Institute of Industrial Engineering, is a graduate business school under the Ministry of Education (India), Government of India located in Powai near Vihar Lake in Mumbai and is ranked 6th among B-Schools of India as per NIRF 2024 rankings.

<span class="mw-page-title-main">IIT Bhubaneswar</span> Public technical university in Odisha, India

Indian Institute of Technology Bhubaneswar is a public technical university established by the government of India in 2008, located at Kansapada village, Khordha district, Odisha, India. It is located 24 kms south of Bhubaneswar and 4 kms from Jatni but is named after Bhubaneswar.

<span class="mw-page-title-main">Sajjan Jindal</span> Indian billionaire businessman (born 1959)

Sajjan Jindal is an Indian billionaire businessman. He is the chairman and managing director of JSW Group of companies; diversified in steel, mining, energy, sports, infrastructure and, software business.

<i>Shark Tank</i> American reality television series

Shark Tank is an American business reality television series that premiered on August 9, 2009, on ABC. The show is the American franchise of the international format Dragons' Den, a British TV series. It shows entrepreneurs making business presentations to a panel of five venture capitalists called "sharks" on the program, who decide whether to invest in their companies.

Romesh T. Wadhwani is an Indian-American billionaire, businessman and head of investment firm SAIGroup. He is the former chairman and CEO of Symphony Technology Group, a private equity firm for software, Internet and technology services companies. He established the Wadhwani Foundation for economic development in emerging economies, with an initial focus on India. Initiatives in India include the National Entrepreneurship Network.

<span class="mw-page-title-main">Ashish Chauhan</span> Indian business executive and administrator

Ashishkumar Chauhan is an Indian business executive and administrator who is currently the Managing Director (MD) and Chief Executive Officer (CEO) of the National Stock Exchange of India (NSE). A technocrat from IIT Bombay and IIM Calcutta, Ashish was a founding member of NSE. Prior to joining NSE back in 2022, he was the Managing Director and Chief Executive Officer of the Bombay Stock Exchange (BSE) for 10 years. Ashish is a member of the University Grants Commission and is the Chancellor of University of Allahabad. He also serves as a member of Governing Council of one of the premier B-Schools in India - IIM Calcutta. Ashish is best known as the father of modern financial derivatives in India, and is considered one of the foremost experts in financial market policies, Information technology, organized retail, telecommunications, cricket and Indian social issues. Ashish has been awarded Lifetime Achievement Award by Global Custodian

<span class="mw-page-title-main">Ranveer Singh</span> Indian actor (born 1985)

Ranveer Singh Bhavnani is an Indian actor who works in Hindi films. He is the recipient of several awards, including five Filmfare Awards. He is among the highest-paid Indian actors and has been featured in Forbes India's Celebrity 100 list since 2012.

Binny Bansal is an Indian billionaire Internet entrepreneur. As of February 2024, his net worth was estimated at US$1.4 billion. In 2007 he co-founded the e-commerce platform Flipkart. He was the chief operating officer until January 2016, when he was promoted to chief executive officer (CEO). In January 2017 he was promoted to group CEO, then resigned in November 2018 due to personal misconduct allegations of Flipkart. He is an anchor investor in the venture firm 021 Capital. In 2019, Bansal invested in the endowment fund of the Indian Institute of Technology (IIT) Delhi.

<span class="mw-page-title-main">Ritesh Agarwal</span> Indian billionaire

Ritesh Agarwal is an Indian billionaire entrepreneur and the founder and CEO of OYO Rooms. He has been a panellist on Shark Tank India in 2024. Agarwal listed among Top 10 youngest Indian billionaires in Hurun Rich List of India 2024, with $220 Million Net Worth

Swiggy is an Indian online food ordering and delivery company. Founded in 2014, Swiggy is headquartered in Bangalore and operates in more than 580 Indian cities, as of July 2023. Besides food delivery, the platform also provides quick commerce services under the name Swiggy Instamart, and same-day package deliveries with Swiggy Genie.

The first season of Shark Tank India premiered on 20 December 2021 and concluded on 11 February 2022.

<i>Shark Tank India</i> Indian business reality television series

Shark Tank India is an Indian Hindi-language business reality television series that airs on Sony Entertainment Television. The show is the Indian franchise of the American show Shark Tank. It shows entrepreneurs making business presentations to a panel of investors or sharks, who decide whether to invest in their company.

<i>Shark Tank India</i> season 2 Second season of business reality show Shark Tank India

The second season of Shark Tank India aired from 2 January 2023 to 13 March 2023.

<span class="mw-page-title-main">DeHaat</span> Indian e-commerce company

DeHaat is an Agritech company headquartered in Patna, that offers end-to-end agricultural services to the Indian farmers.

<span class="mw-page-title-main">Anupam Mittal</span> Indian entrepreneur and investor (born 1975)

Anupam Mittal is an Indian entrepreneur, business executive and angel investor. He is the founder and CEO of People Group and Shaadi.com. Apart from starting Shaadi.com, an Indian online wedding service, he has also been a prominent investor in Shark Tank Season 1, 2 and 3, investing in over 250 companies. He was also the co-founder and chairperson of the Internet and Mobile Association of India (IAMAI) from 2006 to 2007 and is currently on its Governing Council. He is the recipient of the Karmaveer Chakra Award. He has also acted in and produced Bollywood films such as 99 and Flavors.

Aman Gupta is an Indian entrepreneur and angel investor. He is the co-founder and CMO of Indian electronics brand boAt Lifestyle. He is a judge and investor in Sony TV's business reality show Shark Tank India.

<span class="mw-page-title-main">Sugar Cosmetics</span> Indian cosmetics brand

Sugar Cosmetics, an Indian cosmetics brand owned by Vellvette Lifestyle Private Ltd, is based in Mumbai. It was founded in 2015 by the married couple Vineeta Singh and Kaushik Mukherjee. The brand offers a diverse range of makeup and skin care products.

References

  1. ↑ ""Hardest Part Is..." Shark Tank India's Vineeta Singh On Death Reports". NDTV.com. Retrieved 6 October 2024.
  2. ↑ Kapoor, Eetika (25 January 2023). "Early Life". Business Insider . Archived from the original on 1 July 2024. Retrieved 1 February 2023.
  3. 1 2 Meghani, Varsha (23 November 2021). "Vineeta Singh: Sugar Cosmetics, and the passion for the impossible". Forbes India . Archived from the original on 30 January 2023. Retrieved 1 February 2023.
  4. ↑ "Vineeta Singh Sugar Cosmetics CEO The Next Judge of Shark Tank India". SharkTank.co.in. 19 December 2021. Archived from the original on 5 February 2023. Retrieved 5 February 2023.
  5. ↑ Pandey, Shree; Sundararajan, Shrikant & Shashin, Shibani (2022), The IITM Nexus (1st ed.), Chennai, India: Notion Press, ISBN   978-1-68563-906-8
  6. ↑ Oberoi, Pragatti (18 August 2022). "How to become a CEO? Vineeta Singh guides on the role of mathematics, IITs, IIMs and the skills needed". TimesNow. Archived from the original on 7 February 2023. Retrieved 14 February 2023.
  7. 1 2 Bagchi, Shrabonti (21 May 2021). "Vineeta Singh: On a SUGAR high". Mint . Archived from the original on 31 January 2023. Retrieved 31 January 2023.
  8. ↑ Ghosh, Sutrishna (22 April 2020). "The IIM Alumnus Who Turned Down a Rs 1 Cr Job to Launch a Rs.100 Cr Cosmetics Empire". Yahoo. Archived from the original on 17 December 2023. Retrieved 14 February 2023.
  9. ↑ "Two IIM-A grads shun Rs 1-cr offer". The Times of India . 29 December 2006. Archived from the original on 14 January 2023. Retrieved 13 January 2023.
  10. ↑ "No to crore-a-year to make lingerie". The Telegraph (India) . 28 December 2006. Archived from the original on 24 January 2023. Retrieved 24 January 2023.
  11. ↑ "Angels dare to fly: Indian women are getting into entrepreneurial roles". The Economic Times. Archived from the original on 14 February 2023. Retrieved 14 February 2023.
  12. ↑ "The Sweet and Bitter Story of Sugar Cosmetic Founder: Vineeta Singh". startup insider. 12 April 2022. Archived from the original on 14 February 2023. Retrieved 14 February 2023.
  13. ↑ "Vineeta Singh: Sugar Cosmetics, And The Passion For The Impossible". Forbes India. Archived from the original on 30 January 2023. Retrieved 14 February 2023.
  14. ↑ Punj, Shwweta (26 December 2021). "Vineeta Singh: Sweet success". India Today. Archived from the original on 14 February 2023. Retrieved 14 February 2023.
  15. ↑ "As CEO, my job is to get out of their way". BBC News. Archived from the original on 14 January 2023. Retrieved 14 January 2023.
  16. ↑ Kandavel, Sangeetha (31 May 2022). "SUGAR Cosmetics closes $50 million in series D fundraise". The Hindu . Archived from the original on 24 January 2023. Retrieved 24 January 2023.
  17. ↑ Bhushan, Ratna (3 September 2022). "Actor Ranveer Singh invests in Sugar Cosmetics". The Economic Times . Archived from the original on 27 January 2023. Retrieved 27 January 2023.
  18. ↑ Verma Ambwani, Meenakshi (3 September 2022). "Ranveer Singh invests in SUGAR Cosmetics". Business Line . Archived from the original on 27 January 2023. Retrieved 27 January 2023.
  19. ↑ Carvalho, Brian (22 November 2021). "Forbes India W-Power 2021: Role models who will inspire a generation". Forbes India . Archived from the original on 14 January 2023. Retrieved 14 January 2023.("Editor's Note" including image of cover showing Singh)
  20. ↑ "Issue for 13 November 2022". Business Today . 13 November 2022. Archived from the original on 15 January 2023. Retrieved 15 January 2023.(Shows cover of 13 November 2022 print issue which features and names Singh)
  21. ↑ "Sugar Rush". 17 December 2022. Archived from the original on 1 July 2024. Retrieved 15 January 2023– via Twitter.("Image of cover showing Singh and teaser to the corrosponding cover story)
  22. ↑ Singh, Rajiv (9 September 2021). "Sugar cosmetics: Lips don't lie". Forbes India . Archived from the original on 30 November 2023. Retrieved 14 January 2023.
  23. ↑ [19] [20] [21] [ non-primary source needed ] [22]
  24. ↑ Zaidi, Tarab (21 December 2022). "Investors refused to fund Sugar until my husband joined it". Business Today (India) . Archived from the original on 7 January 2023. Retrieved 15 January 2023.
  25. ↑ "Sugar Sugar, Ah! Money, Money". Businessworld . Retrieved 14 January 2023.
  26. ↑ "W-Power 2021". Forbes India. Archived from the original on 19 January 2023. Retrieved 24 January 2023.
  27. ↑ Verma Ambwani, Meenakshi (13 October 2023). "Kareena Kapoor Khan becomes co-owner of Vineeta Singh's Quench Botanics". Business Line. Archived from the original on 19 October 2023. Retrieved 22 October 2023.
  28. ↑ Bhandari, Kabir Singh (14 June 2022). "Shark Tank India's Vineeta Singh Has Amazing Stamina And Fitness. This Is Her Secret". Entrepreneur. Archived from the original on 25 February 2024. Retrieved 1 July 2024.
  29. 1 2 3 4 "The Economic Times 40 Under Forty (2020)". The WIMWIAN-IIMA Alumni Magazine. 11 June 2021. Archived from the original on 30 June 2024. Retrieved 30 June 2024.
  30. ↑ Joshi, Chaitrali; Ramani, Vyom (4 May 2023). "How Vineeta Singh's cosmetics startup is revolutionising the beauty industry". ET Edge Insights. Archived from the original on 1 July 2024. Retrieved 1 July 2024.
  31. ↑ "17th IMAGES Retail Awards honours excellence in the business of retail". India Retailing. 12 November 2021. Archived from the original on 30 June 2024. Retrieved 30 June 2024.
  32. ↑ Anis, Fakeha (24 June 2024). "Shark Tank India's Vineeta Singh reveals TWO major tips to deal with entrepreneurship stress; know HERE". PINKVILLA. Archived from the original on 1 July 2024. Retrieved 1 July 2024.
  33. 1 2
  34. ↑ "MPW 2022 honours Ghazal Alagh, Roshni Nadar, Vineeta Singh and other star performers in business". Business Today. 29 March 2023. Archived from the original on 29 May 2024. Retrieved 1 July 2024.
  35. ↑ "DNA Women Achievers Awards 2023: Vineeta Singh wins in Startup category". DNA India. 3 March 2023. Archived from the original on 1 September 2023. Retrieved 1 July 2024.
  36. ↑ "BT's Most Powerful Women in Business awards: Celebrating success". Business Today. 17 April 2023. Archived from the original on 20 January 2024. Retrieved 1 July 2024.
  37. ↑ Farzeen, Sana (17 January 2023). "Sugar's Vineeta Singh on how Shark Tank India changed her life: "My kids ask, why people want a photo with you."". The Indian Express. Archived from the original on 16 February 2023. Retrieved 16 February 2023.
  38. ↑ Panjari, Swagata; Salve, Priyanka. "What makes Sharks take the bait? Vineeta Singh, Namita Thapar share the idea USP that attracts". The Economic Times . Archived from the original on 1 July 2024. Retrieved 14 January 2023.
  39. ↑ "KBC: Here's how Vineeta Singh, Aman Gupta, Anupam Mittal pitched for themselves to grab the hotseat". Hindustan Times . 29 December 2022. Archived from the original on 14 January 2023. Retrieved 14 January 2023.
  40. ↑ The Kapil Sharma Show S2- Sharks - Massive Contributors To Country's GDP -Ep 225-Full EP-30 Jan 2022. The Kapil Sharma Show. 26 May 2022. Archived from the original on 23 January 2023. Retrieved 24 January 2023– via YouTube.
  41. ↑ "Kapil Sharma asks Shark Tank's Vineeta Singh about lipstick marks on husband's shirt, he has a funny response". Hindustan Times . 29 January 2022. Archived from the original on 1 July 2024. Retrieved 24 January 2023.
  42. ↑ Srivastava, Arushi (18 April 2022). "Shark Tank India: From an athlete to business leader under 40, lesser-known facts about Vineeta Singh". Pinkvilla . Archived from the original on 6 February 2023. Retrieved 10 February 2023.
  43. ↑ "SUGAR Cosmetics journey a part of IIM-A's case study, founders Kaushik Mukherjee & Vineeta Singh over the moon". The Economic Times. 20 August 2022. Archived from the original on 6 February 2023. Retrieved 10 February 2023.
  44. ↑ "PICS: Ashneer Grover to Vineeta Singh; sneak peek into the family life of Shark Tank India judges". The Economic Times . 1 November 2022. Archived from the original on 6 February 2023. Retrieved 10 February 2023.
  45. ↑ S, Vidya (25 September 2021). "Run, Vineeta, Run". Business Today. Archived from the original on 6 February 2023. Retrieved 10 February 2023.
  46. ↑ Singh Bhandari, Kabir (14 June 2022). "Shark Tank India's Vineeta Singh Has Amazing Stamina And Fitness". Entrepreneur. Archived from the original on 30 January 2023. Retrieved 10 February 2023.
  47. ↑ Ganesan Ram, Sharmila (22 October 2017). "Powai power couple on losing friends and becoming 'Iron Man'". The Times of India . Archived from the original on 7 February 2023. Retrieved 10 February 2023.
  48. ↑ Iyer, Sundari (22 January 2018). "Woman runs 21 km while being six months pregnant". Mid-day. Archived from the original on 27 January 2023. Retrieved 10 February 2023.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.