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.
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.)
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