Vineeta Singh & Her Husband Pitch Her Cosmetic Brand On The Show & Get Deal Worth Rs 5 Cr From Fellow Sharks
Co-founder and CEO of SUGAR Cosmetics, Vineeta Singh, who is among the judges on the enterprise actuality present ‘Shark Tank India 2’, not too long ago pitched her beauty model to fellow judges along with her husband Kaushik Mukherjee, and at last managed to get an funding of Rs 5 crore from all of the sharks.
In the course of the present, she talked about how the sweetness trade is increasing within the nation, and in addition as ladies have gotten extra impartial their decisions for cosmetics are additionally altering.
Vineeta Singh additionally added about how society places a lot stress on women and the way they give the impression of being.
Nevertheless, as they’ve began understanding, many issues are altering. Vineeta Singh additional shared how for the previous 10 years her firm goes by a troublesome time.
Vineeta and her husband Kaushik pitched their thought by discussing their model and its suitability for Indian pores and skin tones. Additionally they spoke concerning the model and the way it struggled to achieve this degree after going by varied ups and downs.
Lastly, the couple requested for an funding of Rs 1 crore for two per cent fairness.
Kaushik additionally advised the sharks that originally they needed to call the model ‘Kickass beauty’ however later considered ‘SUGAR’.
The sharks had been impressed with their enterprise thought and the way they managed to outlive after understanding about their tough occasions and the best way they’re making an attempt to earn income regardless of all of the hostile conditions.
Ultimately, all of the sharks supplied a deal of Rs 5 crore for five per cent fairness to Vineeta.
‘Shark Tank India 2’ is judged by Anupam Mittal (Founder and CEO of Shaadi.com – Individuals Group), Aman Gupta (Co-founder and CMO of boAt), Peyush Bansal (Founder and CEO of Lenskart.com), Namita Thapar (Govt Director of Emcure Prescribed drugs), and Vineeta Singh (Co-founder and CEO of SUGAR Cosmetics), and Amit Jain (CEO and Co-founder of CarDekho Group and InsuranceDekho.com).
Should Learn: Shark Tank India 2: ‘Sharks’ Get Slammed By Netizens For Rejecting A Make-up Model As It Posed A Risk To Vineeta Singh’s Firm, “Ye Logon Ne Apna Group Bana Rakha Hai”
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