- Vineeta Singh’s SUGAR Cosmetics recorded a loss of INR 75 Cr in FY22. After enduring losses of Rs. 1,332 crore in FY21, Ghazal Alagh’s Mamaearth for the first time posted a profit for FY22 at INR 14.44 Cr.
- In FY 2022, BharatPe had a total loss of Rs 5,594 crores. Besides Shaadi, Anupam Mittal’s other brands are either no longer in existence or aren’t profitable enough.
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