Mumbai-based SUGAR Cosmetics has raised its series C round of funding from Elevation Capital, A91 Emerging Fund I LLP, and IQ Opportunities Fund..The cosmetic brand was founded in 2012 by IIM Ahmedabad alumni and husband and wife duo, Vineeta Singh and Kaushik Mukherjee..The cosmetic brand has raised $21 million overall and is now valued at more than $100 million..Vertices Partners advised SUGAR Cosmetics with a team led by Founder Partner Archana Khosla Burman and Associate Partner Sohini Mandaland along with Associates Soumya Bansal and Deep Shah. .Managing Partner Vinayak Burman provided his strategic inputs..Shardul Amarchand Mangaldas represented investors Elevation Capital with a team led by Partners Amit Khansaheb and Rishi Jain along with Senior Associates Ayushi Soni and Ayush Sharma..SAM also advised A91 Emerging Fund I LLP with a team led by Partner Apurva Rai along with Associates Esha Chauhan and Archi Roy..IC Universal Legal represented IQ Opportunities Fund with a team led by Partners Sameena Chatrapthy and Kavita Pancholi along with Senior Associate Ashtawadh Balan and Associate Pooja Shree.
