The Estée Lauder Companies (ELC) and Indian beauty and lifestyle retailer NYKAA have announced 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 that aims to discover and support upcoming Indian beauty brands.
The 27 finalists were presented to a jury of industry experts, as well as executives from ELC, NYKAA, cosmetic contract manufacturer Intercos and venture capital and growth investing firm Peak XV Partners.
An awards evening was held at Snowball Studios, Mumbai, on November 2, 2023. Winners for the Breakthrough, Create, Grow, Imagine and Impact categories were independently selected by ELC’s panel of judges. Winners for the Community category were determined through an independent voting process on the BEAUTY&YOU website and an analysis of social engagement.
The winners are:
The Breakthrough: $50,000 Prize for Innovation in Active Ingredients that Address Key Areas for the Indian Consumer: Skincare company Biome Laboratories and fragrance manufacturer Keva Fragrances, Flavours & Aroma Ingredients
The Community: $10,000 Prize for The Best Community Engagement and Support Prize: Supplement brand Beautywise and fragrance brand Havah
The Create: $50,000 Prize for The Next Generation of Creative Talent Submitting Work Around the Theme of ‘Experiential Beauty in India’: Director Priya Minhas
The Grow: $150,000 Prize for In-Market Businesses: Perfumery Call of the Valley
The Imagine: $75,000 Prize for Pre-Launch Concepts: Luxury bath and body brand Baboski
The Impact: $50,000 Prize for The Most Innovative Corporate Social Responsibility (CSR) Programming: Beauty brand Sohrai and sustainable palm oil alternative company C16 Biosciences