Vineeta Singh, Co-founder & CEO, SUGAR Cosmetics
Shark Tank fame Vineeta Singh, the Co-founder and CEO of SUGAR Cosmetics shared her thoughts on the Budget 2024, keeping her focus on startup ecosystem and the beauty sector. Emphasizing on the angel tax removal’s significant impact that she mentions as an expected move intending to boost investment in early- stage startups.
She says, “VCs and the startup community were eagerly anticipating this incredible announcement given the current funding climate. The removal of angel tax will encourage more investors to take bets on early-stage entrepreneurs and startups.”
Concluding to the statement, she also speaks about the enhancement of sector advancements and mentions that it will “create potential career opportunities. On a global platform, this positions India as a go-to business hub for innovations.”
