Beauty Trends

Estée Lauder & Nykaa Launch the Second Edition of BEAUTY&YOU to Empower Beauty Entrepreneurs

Discovering and nurturing the next generation of Indian beauty brands and creators

Estée Lauder & Nykaa Launch the Second Edition of BEAUTY&YOU to Empower Beauty Entrepreneurs-Cover Image

BEAUTY&YOU, an initiative by The Estée Lauder Companies’ New Incubation Ventures in partnership with NYKAA, is all set to discover and support the next generation of Indian beauty entrepreneurs, innovators, and creators to promote the future stars of the Indian beauty industry. This pioneering non-equity grant program will open its doors to all aspiring beauty brands and creators, inviting them to apply for a chance to receive a roster of expert-led masterclasses which will offer rich and invaluable mentorship.

Paving the way for a new generation of talented creators and entrepreneurs, it serves as a shining beacon of hope for the Indian beauty community. With the backing of industry experts, successful founders, and esteemed judges, this unique initiative promises to foster innovation and creativity.

What is the BEAUTY&YOU Vision?

BEAUTY&YOU was established in 2022 as a dedicated platform to give back to the Indian beauty community and ignite the entrepreneurial spirit among the next generation of innovators. The vision behind this initiative is to become a leading catalyst, empowering entrepreneurship in the beauty industry. By providing educational, networking, and distribution opportunities, BEAUTY&YOU seeks to support the ambitions of founders and creators and help them grow their businesses holistically.

An Invaluable Mentorship Experience

The heart of BEAUTY&YOU lies in its expert-led masterclasses, which will offer a rich and invaluable mentorship experience to all the applicants. Successful experts, iconic founders, and creators from the global beauty and creative industries will conduct these masterclasses. Participants will have the privilege to learn from the experiences and insights of these industry veterans, who will provide them with insider knowledge on building a successful beauty business.

Meet the Industry Experts

Estée Lauder & Nykaa Launch the Second Edition of BEAUTY&YOU to Empower Beauty Entrepreneurs-Image 1

BEAUTY&YOU features an impressive lineup of experts, including entrepreneurs, designers, skin experts, directors, and media presenters, including Masaba Gupta, entrepreneur, designer, actor, and Founder of LoveChild by Masaba and House of Masaba; Pritika Swarup, Founder of Prakti Beauty; Kshitij Kankaria, Editor of Dirty Magazine and Creative Director of Soak.

To ensure the highest level of support and guidance for the applicants, a distinguished panel of entrepreneurs, industry experts, and thought leaders from beauty, fashion, media, and technology will lead the way. With their profound market expertise and experience in building successful Indian brands, these judges will be instrumental in the screening process for the program. Notable names among the judges include Shana Randhava, Senior Vice President of New Incubation Ventures, The Estée Lauder Companies; Anchit Nayar, Executive Director & CEO, NYKAA Beauty; Katrina Kaif, actor and Co-Founder, Kay Beauty; Bhumi Pednekar, actor and investor; United Nations Development Programme (UNDP); Anaita Shroff Adajania, stylist, Creative Director and Founder, Style Cell; Diipa Büller-Khosla, Founder, indē Wild.

To bolster the program further, an esteemed panel of research and development advisors from The Estée Lauder Companies will lend their expertise. These advisors include top-level executives and scientific officers with a proven track record of innovation in the beauty industry.

Empowerment Opportunities

BEAUTY&YOU 2023 is not just a competition, it’s an opportunity for aspiring beauty entrepreneurs to receive financial support, gain distribution access, and an understanding to holistically grow their brands by identifying brand goals, industry trends and curating product portfolios that speak to a new generation of Indian consumers. The prize pool is set up to 4 Crore or $500,000 and the winners of the program are expected to be announced on November 2nd, 2023.

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