The Estée Lauder Companies New Incubation Ventures (ELC NIV) has partnered with beauty retailer Nykaa to host the third edition of the Beauty & You program in India.
The Beauty & You program supports India-focused companies, entrepreneurs, innovators, and creators through a competitive application process.
Among other resources, the program will provide award recipients with financial support, distribution channel access, mentorship, and access to research and innovation resources.
Commenting on the program, Shana Randhava, senior vice president at ELC’s NIV in a statement said, “India represents one of the most exciting global economies for beauty today. A growing consumer base, an exciting retail landscape, and one of the most powerful entertainment markets in the world continue to fuel unprecedented growth. We are excited to support the founders and creators in their journey.”
Anchit Nayar, executive director CEO at Nykaa Beauty added, “In its third edition, Beauty & You India is more than just a platform, it’s a gateway for Indian entrepreneurs to showcase their creativity and rigor on a global stage and we are excited to be part of their future.”
The program is currently open to prospective applicants and close on August 29, 2024.
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