Ranveer Singh Huge Investment In Sugar Cosmetics
Bollywood Actor Ranveer Sing Has invested A Huge Amount In Sugar Cosmetics a Leading omnichannel Beauty Company among Gen Z and Millennial Consumers. This Collaboration Is Getting Huge And Also Enhance The sugar Cosmetics In All Over The World.
Ranveer Sing Said That Defying the conventional has been embedded in my DNA and I take pride in partnering with a brand that believes in empowering women I have admired Sugar’s ability to build a tremendous fan-following over the years and I’m excited to be a part of this journey and help the brand achieve its mission of providing indian women access to premium and quality makeup products specially formulated for them.
On That Vineeta Singh Co- Founder And CEO Of Sugar Cosmetics said We are absolutely thrilled to welcome Ranveer to the family The brand is the makeup of choice for bold, independent women who refuse to be stereotyped into roles and if someone shares the same DNA as ours it is Ranveer His Personality of being bold quirky and vibrant makes the partnership a natural fit.
We are delighted to have Ranveer on board as we look forward to reinforcing our brand connect with consumers. He is undoubtedly one of the most popular youth icons in the country and his unstoppable and clutter-breaking personality fits very well with the brand ethos of Sugar. This will help supercharge our growth trajectory as we continue scaling the brand aggressively to build it into a large and much-loved makeup & beauty brand,” said Kaushik Mukherjee, its Co-founder & COO.
Sugar Cosmetics has A huge Future In India And All over the world As Well. From 2017 Sugar Cosmetics Start Getting Boost In Indian Market And Other Countries maket As Well. The Brand generate Annual sales of more than INR 550+ crores and has a physical presence with 45,000+ retail touch points in 550+ cities.
Ranveer Singh invested around $50 million Series D fundraising led by L Catterton’s Asia fund the world’s largest consumer focused privet equity firm. Multiple privet equity funds expressd strong interest in the expanded round with existing investors A19 Partner Elevation Capital and india Quotient continuing to participate.
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