L Catterton led a $50m Series D round in SUGAR Cosmetics.

L Catterton led a $50m Series D round in SUGAR Cosmetics, a cosmetics retailer, with participation from A91 Partners, Elevation Capital, and India Quotient. "We have been impressed with how SUGAR has sustained its momentum of rapid growth across online and offline channels while maintaining healthy operating metrics. We look forward to partnering with the company to thoughtfully unlock international exposure and drive further growth, leveraging our experience of working with over 20 beauty and personal care companies in L Catterton's portfolio across the Americas, Europe, and Asia," Anjana Sasidharan, L Catterton Asia Managing Director.