The winners of BEAUTY&YOU India's Second Edition have been announced by ELC and NYKAA.

 The winners of BEAUTY&YOU India's Second Edition have been announced by ELC and NYKAA.

India's Mumbai, Maharashtra India's Business Wire

The winners of the 2023 BEAUTY&YOU Awards in India are being revealed by The Estée Lauder Companies (ELC) in collaboration with NYKAA, a prominent omnichannel beauty and lifestyle store in India. BEAUTY&YOU India is an awards program that was established in July 2022 by ELC's New Incubation Ventures (NIV) in collaboration with NYKAA. Its mission is to identify, highlight, and support the next generation of Indian-focused beauty pioneers, innovators, and creatives.

A panel of esteemed industry professionals, including Katrina Kaif, actress and co-founder of Kay Beauty; Bhumi Pednekar, actor, investor, climate warrior, and UNDP ambassador; Prudvi Kaka, Chief Scientific Officer, DECIEM; Gaurav Gupta, couturier, artist, along with designer; Masaba Gupta, designer, actor, as well as founder of HOUSE OF MASABA as well as LOVECHILD BY MASABA; Anaita Shroff Adajania, CEO, Style Cell; and representatives from ELC, NYKAA, Intercos, and Peak XV Partners, witnessed the presentations of the twenty-seven finalists. The ideas presented by the finalists range from ground-breaking product innovation to reinventing skin care and scent traditions.

On November 2, 2023, during an awards ceremony held at Snowball Studios in Mumbai, the winners—who are mentioned below—were revealed. A competitive judging procedure was used by the panel of judges to independently choose the winners for the breakthrough, which was Create, Grow, Imagine, and Impact categories. The Community category winners were chosen via an examination of social interaction and an impartial vote procedure on www.beautyandyouawards.com.

$50,000 Prize for Development in Active Ingredients that Address Important Areas for Indian Consumers in the Breakthrough Category

Laboratory Biome

Scientist Rhea Goenka Jalan is the founder of Biome Laboratories, a purpose-driven skin care brand that supports Indian skin diversity. She is certain that biology is the most cutting-edge technology available today.

Ingredients for Aromas, Flavors, and Fragrances: Kevá Fragrances, Flavours, and Aroma

One of India's biggest fragrance firms, S H Kelkar & Co (Keva) is a producer of industrial fragrances, led by CEO and Director Kedar Vaze and Chief Scientific Officer Dr. Avani Mainkar. The company is becoming more and more worldwide in its reach into natural actives for cosmetics.

https://keva.co.in is the website.

COMMUNITY: $10,000 Will Be Given For The Best Support and Community Involvement by Beautywise

The founders of Beautywise, Anousha and Shreyansh Chauhan, want to encourage individuals to embrace their individual beauty via the use of evidence-based, sustainable solutions that come from inside.

Website: https://beautywise.in Founder Havh, Giti Datt, creates a distinctive viewpoint on the role that scent plays in modern life by drawing on India's rich history of perfumery, art, and philosophy.

Social media: @gitidatt

CREATE Category: $50,000 Prize for Up-and-Coming Artists Entering with a "Experiential Beauty in India" Theme Submission

Director Priya Minhas

Priya is a creative director who was born in London and has worked in artist development, directing, and content creation for more than eight years.Her idea for a short film, "Honey & Mud," combines different experiences to examine the connection between identity, memory, and scent.

Social media @pri_diddy

AGREE Category: In-Market Businesses $150,000 Prize

Dialogue in the Valley

The founder, Jean-Christophe Bonnafous

Jean-Christophe Bonnafous founded the Mumbai-based perfumery Call of the Valley in 2019 with the goal of showcasing traditional Indian wellness practices, the centuries-old craft of Indian perfumery, and bringing single-ingredient simplicity back to beauty, following ten years of success as a flute player and pupil of the renowned classical flutist Pandit Hariprasad Chaurasia.

the callofthevalley.co.in website

CONSIDER Category: Pre-Launch Concepts $75,000 Prize

The founder, Baboski Hetali Kamdar

Luxurious bath and body products by BABOSKI are painstakingly made with premium components, such as exclusive EncapShield SPF technology and natural extracts.

@baboski.official on Instagram

IMPACT: The Most Creative Corporate Social Responsibility (CSR) Program will get a $50,000 prize.

Co-Founders Sohrai Khanak Gupta and Rupesh Pawar

Sohrai is a groundbreaking beauty brand that does more than just skincare—it inspires change and improves people's lives.

Social media: @sohraibeauty

Biosciences C16

Shara Ticku, Co-Founder and CEO

The CEO and co-founder of C16 Biosciences, the company behind PalmlessTM—a platform for sustainable palm oil substitutes—is Shara Ticku. Using biomanufacturing and C16's patented technology platform, next-generation ingredients and materials are produced that effectively address a number of global ESG issues, such as food security, climate change, the effects of resource exploitation on the environment and public health, and more.

https://www.c16bio.com is the website.

Shana Randhava, Senior Vice President, NIV, The Estée Lauder Companies, stated, "This year's winners represent a thrilling blend of entrepreneurs, innovative visionaries, innovative scientists, and impact-focused founders — an accurate representation of the larger beauty ecological systems with the qualities required for long-term success.""We are thrilled to have the chance to guide and assist the winners in sharing their vision with a wider, more international community."

Anchit Nayar, Executive Director as well as Chief Executive Officer, Beauty, NYKAA, said, "This year's BEAUTY&YOU award winners represent the best in novel, consumer-first thinking that India has to offer, thus we are thrilled to support each of them on their journey of building high quality brands for the Indian consumer.""We at NYKAA are thrilled to have The Estée Lauder Companies as a partner with whom to accomplish this goal of democratizing access to beauty for all. Our mission is to incubate the next generation of beauty entrepreneurs."

The 2023 application pool had more than 600 submissions from 150 locations and featured a wide range of beauty products in the areas of skin care, hair care, fragrance, and color cosmetics. Experts in branding, product development, marketing, and investment from ELC and NYKAA examined all of the applications and narrowed it down to the ten most intriguing concepts and brands before choosing the winners. The winners of the awards will have access to the networks and knowledge of ELC and NYKAA across the beauty ecosystem, fostering new concepts that raise the profile of Indian voices and fill gaps in the market. BEAUTY&YOU India will provide financial assistance, ongoing mentoring, enhanced exposure, and distribution help to the winners, in addition to other resources.

Concerning New Incubation Projects

The Estée Lauder Companies' strategic early-stage investing and incubation arm is called New Incubation Ventures (NIV). NIV collaborates with visionary creators and company owners to develop, finance, and endorse the top up-and-coming beauty brands and innovative business concepts in order to influence the direction of beauty and construct a workable pipeline of varied brands and fresh growth catalysts for the ELC portfolio.

About The Companies Estée Lauder Inc.

The Estée Lauder Companies Inc. is a worldwide custodian of luxury and prestige brands and one of the top producers, marketers, and retailers of high-quality skin care, cosmetics, fragrance, and hair care products. The company's products are sold under the following brand names: 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+, along with the DECIEM family of brands, which includes The Ordinary and NIOD. The products are sold in about 150 countries and territories.

Concerning NYKAA

Indian businesswoman Falguni Nayar launched Nykaa (FSN E-Commerce) in 2012 with the goal of inspiring and uplifting people daily, wherever they may be. Named after the Sanskrit term "Nayaka," which means "one in the spotlight," Nykaa has become one of India's most popular platforms for consumer technology with a lifestyle emphasis. Since its debut, Nykaa has added online stores Nykaa Man, Nykaa Fashion, and Superstore to its list of product categories. With more than 150 physical locations and a vast assortment of items from over 6,200 brands, Nykaa provides a full Omnichannel e-commerce experience. Products offered at Nykaa are guaranteed to be 100% genuine and supplied straight from the brand or approved merchants thanks to the Nykaa Guarantee. Millions of beauty and fashion aficionados have remained loyal to Nykaa thanks to its community platform, the Nykaa Network, digital marketing, impact on social media, and informative and entertaining content.

Media Contact Information

Meghna Shah (meghna@tandemcommunication.net), TANDEM.

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