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SUGAR Cosmetics closes $50 million series D funding led by L Catterton

L Catterton has significant experience investing globally in the beauty and personal care space

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With an extensive portfolio of high-quality products that resonate with consumers, SUGAR has cultivated a loyal customer base and has more than quadrupled sales over the past three years

Peerzada Abrar Bengaluru
SUGAR Cosmetics (SUGAR), one of India’s largest omnichannel beauty companies has closed a $50 million Series D fundraise led by the Asia fund of L Catterton, the largest global consumer-focused private equity firm.

The upsized round saw strong interest from multiple private equity funds with continued participation from existing investors – A91 Partners, Elevation Capital and India Quotient. The round has placed the company on track to further capitalise on its growth momentum in the rapidly expanding beauty and personal care market in the country.

L Catterton’s expertise in building iconic consumer brands across the world and strategic relationship with LVMH (Louis

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First Published: May 31 2022 | 6:30 AM IST

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