BEAUTY&YOU is an awards program that aims
to discover, spotlight, and propel the next generation of
Indian-focused beauty founders, innovators, and creatives.
The Estée Lauder Companies (ELC) and NYKAA, one of India’s
leading omnichannel beauty and lifestyle retailers, announce the
winners of the 2023 BEAUTY&YOU Awards in India. Created by
ELC’s New Incubation Ventures (NIV) and launched in partnership
with NYKAA, BEAUTY&YOU India is an awards program launched in
July 2022, with an aim to discover, spotlight, and propel the next
generation of Indian-focused beauty founders, innovators, and
creatives.
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the full release here:
https://www.businesswire.com/news/home/20231106842057/en/
BEAUTY&YOU 2023: Diipa Büller-Khosla,
Deepica Mutyala, Anchit Nayar, Katrina Kaif, Shana Randhava, Imran
Amed, Anaita Shroff Adajania (Photo: Business Wire)
The twenty-seven finalists presented to a jury of leading
industry experts including Katrina Kaif, Actor and Co-Founder, Kay
Beauty; Bhumi Pednekar, Actor, Investor, Climate Warrior & UNDP
Ambassador; Prudvi Kaka, Chief Scientific Officer, DECIEM; Deepica
Mutyala, Founder & CEO, Live Tinted; Gaurav Gupta, Couturier,
Artist & Designer; Masaba Gupta, Designer, Actor & Founder,
HOUSE OF MASABA and LOVECHILD BY MASABA; Anaita Shroff Adajania,
CEO, Style Cell; as well as leaders from ELC, NYKAA, Intercos, and
Peak XV Partners. The finalists represent a variety of concepts
ranging from breakthrough product innovation to re-imagining
fragrance and skin care rituals.
The winners, listed below, were announced at an awards evening
at Snowball Studios, Mumbai, on November 2, 2023. Winners for the
Breakthrough, Create, Grow, Imagine, and Impact categories were
independently chosen by our panel of judges through a competitive
judging process. Winners for the Community category were determined
via an independent voting process on www.beautyandyouawards.com and
an analysis of social engagement.
BREAKTHROUGH Category: $50,000 Prize for Innovation in Active
Ingredients that Address Key Areas for the Indian Consumer
- Biome Laboratories
- Rhea Goenka, Founder
- Biome Laboratories is a purpose-driven skin care company
championing Indian skin inclusivity led by scientist Rhea Goenka
Jalan with a firm belief that biology is the most advanced
technology on the planet.
- Instagram: https://www.instagram.com/biomelaboratories/
- Keva Fragrances, Flavours & Aroma Ingredients
- Kedar Vaze, CEO and Director, and Dr. Avani Mainkar, Chief
Scientific Officer
- S H Kelkar & Co (Keva) is a manufacturer of industrial
perfumes and one of India's largest fragrance companies with an
ever-expanding global presence into natural actives for
cosmetics.
- Website: https://keva.co.in
COMMUNITY: $10,000 Prize for The Best Community Engagement and
Support
- Beautywise
- Anousha Chauhan and Shreyansh Chauhan, Founders
- Beautywise is a dermatology-led supplement brand with the
mission to empower everyone to embrace their unique beauty by
incorporating sustainable, evidence-based solutions that work from
within.
- Website: https://beautywise.in
- Havah
- Giti Datt, Founder
- Havah draws from India’s rich heritage of perfumery, art, and
philosophy to develop a unique perspective on the power of
fragrance in contemporary life.
- Instagram: @gitidatt
CREATE Category: $50,000 Prize for The Next Generation of
Creative Talent Submitting Work Around the Theme of ‘Experiential
Beauty in India’
- Priya Minhas, Director
- Priya is a London-born Creative Director with over eight years
of experience in artist development, directing, and content
production. Her film concept called “Honey & Mud” is a short
film that explores the relationship between perfume, memory and
identity through individual stories.
- Instagram @pri_diddy
GROW Category: $150,000 Prize for In-Market Businesses
- Call of the Valley
- Jean-Christophe Bonnafous, Founder
- After a decade-long career as flutist and disciple of the
revered classical flutist Pandit Hariprasad Chaurasia,
Jean-Christophe Bonnafous launched the Mumbai-based perfumery Call
of the Valley in 2019 with a vision to bring single-ingredient
simplicity back to beauty and highlight traditional Indian wellness
practices and the centuries-old art of Indian perfumery on a global
stage.
- Website: https://callofthevalley.co.in
IMAGINE Category: $75,000 Prize for Pre-Launch Concepts
- Baboski
- Hetali Kamdar, Founder
- BABOSKI is a luxury bath and body brand with products that are
meticulously crafted using top-tier ingredients, including natural
extracts and a proprietary EncapShield SPF technology.
- Instagram: @baboski.official
IMPACT: $50,000 Prize for The Most Innovative Corporate Social
Responsibility (CSR) Programming
- Sohrai
- Khanak Gupta and Rupesh Pawar, Co-Founders
- Sohrai is a revolutionary beauty brand that transcends
skincare, ignites change, and enriches lives.
- Instagram: @sohraibeauty
- C16 Biosciences
- Shara Ticku, CEO and Co-Founder
- Shara Ticku is the CEO and Co-Founder of C16 Biosciences, the
makers of Palmless™: the platform for sustainable palm oil
alternatives. C16’s proprietary technology platform uses
biomanufacturing to create next-generation ingredients and
materials that successfully address global ESG challenges—including
climate change, food security, the environmental and safety impacts
of natural resource extraction, and more.
- Website: https://www.c16bio.com
“This year’s winners represent an exciting mix of entrepreneurs,
creative visionaries, innovative scientists, and impact-focused
founders — a true representation of the larger beauty ecosystem
with the qualities required for long-term success,” said Shana
Randhava, Senior Vice President, NIV, The Estée Lauder Companies.
“We are excited about the opportunity to mentor and provide support
to the winners so they can share their vision with a broader, more
global community.”
"This year's BEAUTY&YOU award winners represent the best in
innovative, consumer-first thinking that India has to offer, and we
are thrilled to support the founders on their journey of building
high quality brands for the Indian consumer,” said Anchit Nayar,
Executive Director and Chief Executive Officer, Beauty, NYKAA. “At
NYKAA, incubating the next generation of beauty entrepreneurs is
central to our mission of democratizing access to beauty for all
and we are proud to have a partner like The Estée Lauder Companies
with whom to achieve this objective."
With over 600 entries from 150 cities, the 2023 application pool
included a multitude of beauty brands across categories – skin
care, hair care, fragrance, and color cosmetics. Brand, product,
marketing, and investment experts from ELC and NYKAA reviewed the
entire application pool and shortlisted the ten most promising
brands and ideas before selecting winners. The award winners will
benefit from access to ELC and NYKAA relationships and expertise
across the beauty ecosystem, nurturing emerging ideas that amplify
Indian voices and address unmet consumer needs. Among other
resources, BEAUTY&YOU India will provide winners with financial
support, continued mentorship, increased awareness, and
distribution support.
HOSTS
About New Incubation Ventures
New Incubation Ventures (NIV) is the strategic early-stage
investment and incubation arm for The Estée Lauder Companies. NIV
partners with forward-thinking founders and entrepreneurs to
create, fund, and support the best-emerging beauty brands and new
business models to shape the future of beauty and build an
actionable pipeline of diversified brands and new engines of growth
for the ELC portfolio.
About The Estée Lauder Companies Inc.
The Estée Lauder Companies Inc. is one of the world’s leading
manufacturers, marketers, and sellers of quality skin care, makeup,
fragrance, and hair care products, and is a steward of luxury and
prestige brands globally. The company’s products are sold in
approximately 150 countries and territories under brand names
including: Estée Lauder, Aramis, Clinique, Lab Series, Origins,
M·A·C, La Mer, Bobbi Brown Cosmetics, Aveda, Jo Malone London,
Bumble and bumble, Darphin Paris, TOM FORD, Smashbox, AERIN Beauty,
Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN
PARIS, Too Faced, Dr.Jart+, and the DECIEM family of brands,
including The Ordinary and NIOD.
About NYKAA
Nykaa (FSN E-Commerce) was founded in 2012 by Indian
entrepreneur Falguni Nayar with a vision of bringing inspiration
and joy to people, everywhere, every single day. Derived from the
Sanskrit word ‘Nayaka’, meaning one in the spotlight, Nykaa has
emerged as one of India’s leading lifestyle-focused consumer
technologies platforms. Since its launch, Nykaa has expanded its
product categories by introducing online platforms Nykaa Fashion,
Nykaa Man, and Superstore. Delivering a comprehensive Omnichannel
e-commerce experience, Nykaa offers a wide selection of products
from over 6,200 brands through its digital platforms and across
150+ retail stores. The Nykaa Guarantee ensures that products
available at Nykaa are 100% authentic and sourced directly from the
brand or authorized retailers. Through engaging and educational
content, digital marketing, social media influence, robust CRM
strategies, and the Nykaa Network community platform, Nykaa has
built a loyal community of millions of beauty and fashion
enthusiasts.
Website
www.beautyandyouawards.com Instagram: @beautyandyouawards
For media requests in India, please contact Meghna Shah at
meghna@tandemcommunication.net.
ELC-C
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Media Relations: Jill Marvin
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Investor Relations: Rainey Mancini
rmancini@estee.com
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