24 Oct 2025

"SUGAR Cosmetics Secures ₹15 Crore in Venture Debt from Stride Ventures"

"SUGAR Cosmetics has raised ₹15 crore in venture debt from Stride Ventures Debt Fund, with the funds intended for working capital. The transaction was advised by VERTICES PARTNERS, led by Vinayak Burman, while Bombay Law Chambers represented Stride Ventures. SUGAR Cosmetics is known for its cruelty-free makeup products."

In a recent transaction, law firms VERTICES PARTNERS and Bombay Law Chambers participated, advising SUGAR Cosmetics and Stride Ventures, respectively. SUGAR Cosmetics, a cruelty-free makeup brand, successfully raised ₹15 crore in venture debt from Stride Ventures Debt Fund. The funds will be utilized for working capital purposes. The transaction team at VERTICES PARTNERS was led by Vinayak Burman (Founder and Managing Partner), with support from Vikrant Anand (Partner), Anushree Pathak (Senior Associate), Mitali Hakani (Associate Manager), and Srishti Singh (Associate). Bombay Law Chambers represented Stride Ventures in this transaction.
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