google playGoogle
app storeiOS
Get Alerts on WhatsApp
settings icon
profile icon

Shark Tank India 2 judge Vineeta Singh's net worth, fees per episode and more

Vineeta Singh is renowned for leading Sugar Cosmetics and has promoted diversity while drawing attention to the challenges women encounter in her profession.

Shark Tank India 2 judge Vineeta Singh's net worth, fees per episode and more
Vineeta Singh (Source: Instagram)
  • Reema Chhabda

Last Updated: 02.23 PM, Jan 09, 2023

Share

On January 2, 2023, the second season of the well-known business reality series Shark Tank India began. The show is once more providing aspiring business owners with a stage on which to realise their entrepreneurial aspirations by presenting their concepts to seasoned investors and business experts.

Aman Gupta, Anupam Mittal, Vineeta Singh, Namita Thapar, Peyush Bansal, and Amit Jain are among the judges for this year. All of the others, excluding Jain, were also in the first season. Each has successful enterprises and plenty of knowledge to share. One of the many judges, Vineeta Singh, is not an exception. She is renowned for leading Sugar Cosmetics and has promoted diversity while drawing attention to the challenges women encounter in her profession. From modest beginnings, she's created an empire that now supports her exciting investments in the show, fancy cars, and opulent homes. Here is a list of her assets and net worth.

Vineeta Singh's net worth was estimated at 300 crores in an earlier CNBC report. This is largely due to the fact that she started Sugar Cosmetics in 2012 after observing a lack of high-quality, cruelty-free cosmetics for all skin types in India.

But her journey actually started when she made the decision to start her own business at the age of 17. After earning degrees from the IIT and IIM, she was reportedly hired by Deutsche Bank and offered a whopping INR 1 crore annually. She declined the opportunity, nonetheless, in order to launch her own company.

She contributed her own funds to the project, raising money and overcoming the difficulties of being a woman in a "man's world." The company now employs many people and the brand is one of the most recognisable in the nation. She  now have a team of approximately 1500 people, and 75 percent of them are women, she revealed earlier. It's important to note that her company stands out for offering high-quality goods at reasonable prices despite competition from companies like Lakme and Maybelline.

When Singh initially began, she resided in a matchbox bungalow in Mumbai and frequently experienced flooding during the monsoon season. But now, she lives in a lavish Powai house with her family, including her husband Kaushik Mukherjee, a co-founder of Sugar Cosmetics. The residence, according to a story by the Times of India, includes lovely French windows that bring in light, sophisticated blue sofas, and a sizable balcony. It's important to note that, although the price for this is unknown, a home in her neighbourhood can sell for up to INR 80,000 per square foot. She is reported to own a Mercedes Benz GL-Class, a luxurious car that costs upwards of INR 80 lakhs approximately.

According to a CNBC report, Singh makes about INR 15 crore per year. Additionally, she charges INR 5 lakh per Shark Tank episode. She also invested in Skippi Ice Pops, a brand of popsicles estimated to be worth 66 crore INR. Among other successful businesses, she has invested in CosIQ, Get-A-Whey, Wakao, Sunfox, and the Quirky Naari.

Meanwhile, Shark Tank India is based on the widely recognised concept of Shark Tank USA. In the show, contestants from every social stratum present the sharks with their innovative business ideas. The first season of the show premiered in December of the previous year.

0