28 Oct 2025

SUGAR Cosmetics Secures $4.5 Million in Series D Funding Round

"SUGAR Cosmetics has successfully raised $4.5 million in a Series D funding round from existing investors, including Anicut Equity Continuum Fund, Elevation Capital VI Limited, A91 Emerging Fund I LLP, LCA Celestial Pte Ltd, and Malabar India Fund Limited. The fundraising was advised by VERTICES PARTNERS, with JSA Advocates & Solicitors and TT&A providing legal advice to some of the investors. SUGAR Cosmetics is recognized for its cruelty-free makeup products across various categories."

In the recent Series D fundraise for SUGAR Cosmetics, several law firms participated in advising various parties involved in the transaction. VERTICES PARTNERS advised SUGAR Cosmetics, while JSA Advocates & Solicitors assisted Anicut Equity Continuum Fund. TT&A provided legal counsel to LCA Celestial Pte Ltd. Elevation Capital VI Limited, A91 Emerging Fund I LLP, and Malabar India Fund Limited were represented by their in-house legal teams. SUGAR Cosmetics successfully raised $4.5 million from its existing investors, which include Anicut Equity Continuum Fund, Elevation Capital VI Limited, A91 Emerging Fund I LLP, LCA Celestial Pte Ltd, and Malabar India Fund Limited. The company is recognized for its cruelty-free makeup products, offering a diverse range of color cosmetics. The transaction team at VERTICES PARTNERS was led by Vinayak Burman (Founder and Managing Partner) and included Vikrant Anand (Partner), Anushree Pathak (Senior Associate), and Associates Srishti Singh, Stuti Jain, and Jigar Mehta. JSA Advocates & Solicitors provided support to Anicut Equity Continuum Fund, while TT&A advised LCA Celestial Pte Ltd.
Read the full story

Register for free to access daily news.

Register Free
We use cookies to improve your experience, analyze traffic, and serve targeted ads. Read our Cookie Policy.

Cookie Preferences

Customize your cookie settings. Necessary cookies are always enabled.

Strictly Necessary

Required for the website to function (e.g. login, security).

Analytics & Statistics

Help us understand how visitors interact with the website.

Marketing & Ads

Used to deliver relevant ads and track effectiveness.