01 April 2026
D2C cosmetic brand, Sugar Cosmetics has closed its series C funding round with a combined capital of $21 million. The latest round was initiated in October 2020 when the company had raised $2 million from venture debt fund, Stride Ventures. The latest infusion of capital was led by Elevation Capital (formerly SAIF Partners). The round also saw participation from existing investors A91 Partners and India Quotient. With the latest funding round coming to a close, the company has doubled its valuation to reach $100 million.
D2C cosmetic brand, Sugar Cosmetics has closed its series C funding round with a combined capital of $21 million. The latest round was initiated in October 2020 when the company had raised $2 million from venture debt fund, Stride Ventures. The latest infusion of capital was led by Elevation Capital (formerly SAIF Partners). The round also saw participation from existing investors A91 Partners and India Quotient. With the latest funding round coming to a close, the company has doubled its valuation to reach $100 million.
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