Private Equity PE Fund Investments
Sugar Cosmetics raises $50-M led by L Catterton
D2C brand Sugar Cosmetics has raised USD 50 million in Series D funding led by L Catterton Asia with participation from existing investors A91 Partners, Elevation Capital and India Quotient.
Sugar is an omnichannel brand with a presence in over 40,000 retail stores while selling its products on e-commerce marketplaces including Amazon, Nykaa and Myntra. It also retails via its own website and mobile app facilitating sales outside India which includes Germany, Italy, USA and Korea.
Company website ↗ (opens in a new tab)
From the Venture Intelligence PE-VC Deal Database: Between Jul-14 and Feb-21, Sugar had raised about USD 35 M from A91 Partners, RB Investments, India Quotient and Elevation Capital. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)