ENA Sectors 2025-03-13 14:20:35 <p><span style="font-size:14px"><strong>New Delhi, Mar 13 (KNN) </strong>The Department for Promotion of Industry and Internal Trade (DPIIT) and The Est&eacute;e Lauder Companies Inc. (ELC) have formalised a strategic partnership through a Memorandum of Understanding aimed at catalysing innovation and entrepreneurship within India's expanding beauty and personal care sector.</span></p> <p><span style="font-size:14px">The collaboration seeks to bolster the country's start-up ecosystem while providing emerging beauty brands with crucial resources and developmental support.</span></p> <p><span style="font-size:14px">This initiative will integrate Start-up India's national platform with ELC's established entrepreneurial program, BEAUTY&amp;YOU India, creating a comprehensive support structure for beauty innovators.</span></p> <p><span style="font-size:14px">Participating start-ups will benefit from funding opportunities, expert mentorship, industry-specific insights, and access to ELC's extensive global network of beauty professionals.</span></p> <p><span style="font-size:14px">As part of the announcement, ELC revealed an expansion of the BEAUTY&amp;YOU India program to include a specialised category dedicated to supporting women-founded start-ups in the beauty space.</span></p> <p><span style="font-size:14px">This addition aligns with the company's broader commitment to advancing female leadership within the beauty industry.</span></p> <p><span style="font-size:14px">Sanjiv, Joint Secretary, DPIIT, highlighted the significance of the partnership, stating, India's beauty industry is undergoing a major transformation, and collaborations like this play a pivotal role in fostering innovation and entrepreneurship.</span></p> <p><span style="font-size:14px">He added, We are excited to work with The Est&eacute;e Lauder Companies to create new opportunities for emerging beauty brands in India. </span></p> <p><span style="font-size:14px">Rohan Vaziralli, General Manager, The Est&eacute;e Lauder Companies India, emphasised the impact of their flagship program, noting, Through BEAUTY&amp;YOU India, ELC has established a record of supporting founders and innovations that are shaping the future of beauty in India.</span></p> <p><span style="font-size:14px">He underscored, We are proud to add a dedicated category for female-founded start-ups, which reflects our longstanding mission to promote women's advancement and leadership in our business, industry, and communities in India. </span></p> <p><span style="font-size:14px">The formal signing ceremony was conducted by Dr. Sumeet Jarangal, Director, DPIIT, and Rohan Vaziralli, with senior representatives from both organisations in attendance.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 41385 https://knnindia.co.in/news/newsdetails/sectors/american-mnc-este-lauder-to-work-with-indian-start-ups-in-beauty-care-sector 2025-03-13 14:20:35 knnindia.co.in