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SUGAR Cosmetics raises USD 2 million

Mumbai: Mumbai-based makeup and cosmetics brand SUGAR Cosmetics has raised $2 million in debt funding from Stride Ventures.

Founded by Vineeta Singh and Kaushik Mukherjee, SUGAR offers a range of make-up products and everyday skincare products.

It has an online as well as offline presence across 2,400 outlets in over 130 cities. It also claims to have witnessed 6X growth in revenue amounting to Rs 105 crore at the end of FY20.

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