Sugar Cosmetics

Business focus

Consumer Brands, Apparel & Retail

Description

SUGAR Cosmetics, a Mumbai-based D2C beauty brand, has raised roughly $96 million across 16 funding rounds, including a $50M Series D led by L Catterton in 2022 and a further ~$5M round led by Anicut Capital in July 2025. Distributed through 50,000+ outlets across 550+ Indian cities, it is scaling its Quench Botanics skincare line and value sub-brand SUGAR POP in smaller cities.