Sugar Cosmetics Net Worth (Updated 2026).

Sugar Cosmetics, a name now synonymous with quality and affordability in the world of makeup, had humble beginnings in 2015. Founded by Vineeta Singh and Kaushik Mukherjee, the brand was born out of a simple yet powerful idea: to create high-quality, cruelty-free makeup products that wouldn’t break the bank. Singh, an IIM Ahmedabad alumnus, and Mukherjee, a software engineer turned entrepreneur, saw a gap in the market for affordable, yet luxurious makeup options, and Sugar Cosmetics was their solution.

The duo started small, launching their first collection of lipsticks and eyeshadow palettes online. Their focus on using high-quality ingredients, vibrant colors, and innovative packaging quickly caught the attention of makeup enthusiasts. Word spread through social media, with influencers and beauty bloggers raving about Sugar’s products. The brand’s popularity grew exponentially, and within a year, it became a household name in the Indian beauty industry.

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Sugar Cosmetics’ Current Net Worth (2025)

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As of 2025, Sugar Cosmetics’ current net worth is estimated to be around $100 million, according to the latest available information. The brand’s impressive growth and popularity in the Indian beauty market have significantly contributed to this figure.

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Career

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Sugar Cosmetics was founded in 2015 by Vineeta Singh and Kaushik Mukherjee. Singh, an IIM Ahmedabad alumnus, and Mukherjee, a former McKinsey consultant, started the brand with an aim to provide high-quality, affordable makeup products to Indian women. The brand gained popularity for its wide range of products, including foundations, lipsticks, and eyeshadow palettes, which cater to diverse skin tones and types.

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Other Ventures

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In addition to its core makeup products, Sugar Cosmetics has expanded its offerings to include skincare and personal care items. The brand has also ventured into the digital space with its ‘Sugar Academy,’ an online platform that offers makeup tutorials and courses. Furthermore, Sugar Cosmetics has collaborated with several influencers and celebrities, including Nia Pimentel and Neha Kakkar, to create exclusive product lines.

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Assets

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Sugar Cosmetics’ assets primarily include its brand value, intellectual property, and inventory. The brand’s strong online presence, with a significant following on social media platforms, adds to its overall value. Sugar Cosmetics also owns a manufacturing unit in Mumbai, which allows it to maintain quality control and ensure timely delivery of products.

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Annual Income

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As of 2021, Sugar Cosmetics’ annual revenue was reported to be around INR 150 crore (approximately $20.5 million). The brand has witnessed a significant growth in its sales, with a compound annual growth rate (CAGR) of 40% between 2016 and 2021. This impressive performance can be attributed to the brand’s innovative products, aggressive marketing strategies, and a strong focus on customer satisfaction.

Frequently Asked Questions about  Sugar Cosmetics

Frequently Asked Questions: Sugar Cosmetics Net Worth

1. What is the net worth of Sugar Cosmetics?

The latest estimated net worth of Sugar Cosmetics is $100 million.

2. When was Sugar Cosmetics founded?

Sugar Cosmetics was founded in 2015.

3. Who is the founder of Sugar Cosmetics?

The founders of Sugar Cosmetics are Vineeta Singh and Kaushik Gupta.

4. Where is Sugar Cosmetics based?

The headquarters of Sugar Cosmetics is in Mumbai, India.

5. What are some of the popular products by Sugar Cosmetics?

Some of the popular products by Sugar Cosmetics include their Matte As Hell lipsticks, Hush Lip Plumpers, and Baked Blush Ons.

6. Is Sugar Cosmetics cruelty-free?

Yes, Sugar Cosmetics is cruelty-free and does not test its products on animals.

7. Is Sugar Cosmetics vegan?

While Sugar Cosmetics is cruelty-free, not all of their products are vegan. They do offer a range of vegan products, but it’s best to check the individual product listings for confirmation.

8. Where can I buy Sugar Cosmetics products?

Sugar Cosmetics products are available for purchase on their official website, as well as on various e-commerce platforms like Nykaa, Flipkart, and Amazon.

9. Does Sugar Cosmetics ship internationally?

As of now, Sugar Cosmetics primarily ships within India. However, they do have plans to expand internationally in the future.

10. How can I contact Sugar Cosmetics for customer service?

You can contact Sugar Cosmetics for customer service through their official website’s contact form, email at [[email protected]](mailto:[email protected]), or by calling their customer care number +91-22-6121-1234.