Meet woman who rejected Rs 1 Crore job offer, now owns Rs 500 crore company

In a time when international beauty brands dominated the Indian market, a void remained for products catering specifically to Indian skin tones. This gap caught the attention of Vineeta Singh, the visionary founder of Sugar Cosmetics, who saw an opportunity to revolutionize the industry.

Vinita Singh, the founder of Sugar Cosmetics, has emerged as a shining example of entrepreneurial success. Born in Gujarat's Anand district, Vinita showed promise from an early age, excelling in academics at Delhi Public School RK Puram. Her academic journey culminated in an Electrical Engineering degree from IIT Madras in 2015, followed by an MBA from IIM Ahmedabad in 2007.

Despite being offered a lucrative job with a Rs 1 crore salary at just 23 years old, Vinita chose a different path. She turned down the job offer to pursue her entrepreneurial dreams, a decision that would define her future. Initially facing setbacks with two failed startups, she persisted and launched Sugar Cosmetics in 2015.

Sugar Cosmetics quickly gained traction as a direct-to-customer brand tailored to Indian women's beauty needs. Leveraging platforms like YouTube, Instagram, and the Sugar app, Vinita marketed her products effectively. Starting with competitive pricing, the brand gradually expanded its presence nationwide, now operating in over 130 cities.

In just eight years, Sugar Cosmetics achieved a turnover exceeding Rs 500 crore, solidifying its place in the competitive cosmetics industry. Vinita's husband, Kaushik Mukherjee, provided crucial support throughout this journey, contributing to the company's growth and success.

Vinita's achievements extend beyond business. A fitness enthusiast, she has participated in 20 marathons and ultra marathons, including the Mumbai Marathon while six months pregnant. Her dedication to fitness mirrors her approach to business—focused, disciplined, and driven by passion.