New Incubation Ventures (NIV) is the strategic early-stage investing and incubation arm for The Estée Lauder Companies. NIV partners with forward-thinking founders and entrepreneurs to create, fund and support the best beauty brands and business models that will shape the future of beauty. Through this, it also builds an actionable pipeline of diversified brands and new engines of growth for the Estée Lauder Companies portfolio. The Estée Lauder Companies Inc. is one of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The company’s products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, La Mer, Bobbi Brown, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD BEAUTY, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced, Dr.Jart+, and the DECIEM family of brands, including The Ordinary and NIOD.
New Incubation Ventures的外部链接
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Congratulations to our finalists!
Congratulations to the winners of this year’s BEAUTY&YOU India program! We are proud to support these inspiring founders and creators as they work towards a #SuperchargedFuture for the Indian beauty industry. ?? GROW: SkinInspired IMAGINE: Amright Not Just Vanilla CREATE: Journey of Objects New Incubation Ventures The Estée Lauder Companies Inc. Nykaa #BEAUTYANDYOU #BEAUTYANDYOUIndia #BEAUTYANDYOU2024
Six weeks since we launched Sohrai, and I’m finally taking a moment to reflect. The response has been incredible, and it’s been amazing to see our vision come to life. None of this would have been possible without the people who trusted us first. A special thank you to the BEAUTY&YOU and Nykaa — Shana Randhava, Anchit Nayar, Cindy Palusamy, Sumit Bhasin — for believing in us early on, giving us the support to build Sohrai, and opening doors I never knew I could knock on. Programs like these are vital for empowering entrepreneurs in India, giving us the credibility and resources to bring our ideas to life. Sohrai isn’t just a skincare brand—It’s a mission to bring India’s rich tribal ingredients to the world, sharing the power of Mahua and other indigenous treasures like never before. This is just the beginning, and I’m excited for what’s ahead. Grateful, always. ?? #SohraiBeauty #TribalWisdom #BeautyAndYou #Gratitude #Entrepreneurship #MahuaMiracle
(former) Senior Vice President, New Incubation Ventures @ The Estée Lauder Companies Inc.
Breakthrough innovation isn’t just about new products—it’s about rethinking entire business models. Peoplecareplanetcare continues to challenge the status quo with their unending desire to do things differently…to do things better. Grateful to witness and support their journey. dom bridges Ann-Margret (Annie) Kearney
Our version of dynamic pricing- a four week experiment. We’ve never been one for sales, it adds too much pressure to you, the consumer, to buy now and think later and our raison d’être is about consuming what you need and leaving anything else. You definitely know that we’re partial to an experiment or two, so in that same spirit, we’re launching a Pay What You Feel initiative. The intention is to help us generate some much needed cash to continue driving our business forward on our road to recovery…our version of an old school sales tactic. Between 20th February and 20th March, we’ll be allowing you to choose what price you pay for some of our bestselling products. There will be four tiers and using our transparency wheel, you’ll see exactly how your contribution helps the health of our business. Tier 1 Here, you’ll pay for VAT, packaging, raw materials, manufacturing, labour and building costs. This will not cover any of the head office, ecomm, customer service, retail or spa staff or operating costs. We really aren′t in the business of losing money, but stock sold is cash in the bank that we can use to do more good things to move the business forward. Hopefully we will also generate some new lifelong customers too. Tier 2 By selecting this price, you’ll pay for all of the above, plus the cost of our customer facing staff in store, likewise here, we won’t see any profit with this selection but it goes a bit further to supporting us to recover from years of losses. And if you commit to buy this product from us more than once, we will lock in the price for you for six months. Tier 3 This is our usual retail price and you’ll be helping the health of the business by selecting this which will cover all of our costs, plus a little more for us to reinvest into the company, our community and our initiatives. As we have shared before, we are still a loss-making business and need to hit scale to make us entirely viable but we are taking the right steps to get there. Tier 4 This tier goes above and beyond and by selecting it, you’ll be covering all of our costs and then some - the additional 10% we′ve added onto this tier will be used to fuel our free Sauna in Margate. Each year this sauna costs us in the region of ￡12-30K per year to run including ground rent, staff costs, wood, maintenance, training, cleaning, and repair. This is currently the only free sauna on our coast and we want to do everything we can to keep it that way. In Rainbows, indeed Whilst we were thinking of ideas for this initiative, we couldn’t help but think about the time Radiohead did something similar back when they released In Rainbows in 2007. Apart from the record being a seminal exercise in “surprise drops” and striving to change the relationship between the artist and listener, the album was an exploration into mortality and being human. In Rainbows dropped without any fanfare or build-up press and fans could pay what they wanted.
We're thrilled to announce our investment in Exuud, a smart fragrance expression hardware platform that aims to change the future of olfactive innovation! ELC plans to integrate this pioneering technology into our fragrance portfolio by end of calendar year 2025 to further advance our strategic focus in prestige and luxury fragrance innovation. "At ELC, we’re passionate about bringing the best fragrances to consumers and innovating for their unique experiences...We’re excited to announce our partnership with Exuud on this cutting-edge technology to support our artisanal craftsmanship and revolutionize how we experience fragrances with more control, consistency, personalization, and sustainability. The breakthrough possibilities for customization in design, fragrance experience, and more are exciting.” - Sumit Bhasin, SVP, Corporate Fragrance Research & Development, Product Development and Innovation, The Estée Lauder Companies Read more about the partnership here:
We’re thrilled to introduce the ‘24-‘25 class of NIV Scouts!??? ? This talented group represents a diverse array of brands, functions, and regions within The Estée Lauder Companies Inc. Together, they’ll contribute to NIV’s mission of identifying emerging beauty trends, categories, and breakthrough brands. ? Excitingly, this year we’ve expanded with a second APAC cohort, leveraging ELC’s global expertise to unlock new opportunities. ? A huge thank you to the inaugural Scouts cohort for their invaluable insights and contributions. We can’t wait to see how this new group builds on their legacy to shape the future of beauty!
Natural beauty and fragrance brand, now, ‘formerly known as Haeckels’ is relaunching without a name in a move to distance itself from German zoologist and naturalist, Ernst Harckel. They’re also overhauling its packaging and stramlining its product offering. I speak to Ann-Margret (Annie) Kearney and dom bridges on the company’s rebrand and the next 12 months. https://lnkd.in/gsftVPy8
Last month, ELC's New Incubation Ventures (NIV) presented the winners of the 2024 BEAUTY&YOU India program. The awards were presented at a finale event in New Delhi, attended by guests including William P. Lauder, Executive Chairman, ELC; Stephane de La Faverie, Executive Group President, ELC; Rohan Vaziralli, General Manager, ELCA Cosmetics; Shana Randhava, Senior Vice President, New Incubation Ventures, ELC; Sumit Bhasin, Senior Vice President, Global Fragrance Innovation, Product Development & R&D, ELC; Falguni Nayar, Founder, Managing Director and Chief Executive Officer, Nykaa; and Shri Sanjiv Singh, Joint Secretary, Department for Promotion of Industry and Internal Trade. Chosen from over 660 finalists from both India and across the world, 12 inspiring founders presented their ideas for a #SuperchargedFuture of the Indian beauty industry across skin care, makeup, hair care, and fragrances. The final winners, chosen by a panel of esteemed judges across the beauty, fashion, tech, and finance ecosystems, will receive financial support, mentorship, resources, and exposure via NIV, NYKAA, and related partners. Congratulations to all the winners! Read more here: https://lnkd.in/gBCUCRbf
Joint Secretary, Startups, ONDC, ODOP, National Institute of Designs, Department for Promotion of Industries and Internal Trade, Ministry of Commerce.
BEAUTY&YOU, created by The Estée Lauder Companies Inc., is an initiative that stands as a testament to India's growing potential in the global beauty and wellness industry. #New #Incubation #Ventures (NIV) in partnership with Nykaa , is committed to discovering and empowering the next generation of #Indian #beauty #brands and entrepreneurs. By offering not only financial grants but also mentorship, resources, and a #platform for both national and international exposure, this #program serves as a crucial stepping stone for the #innovation and #growth of India's beauty sector. At DPIIT, we strongly believe in the #transformative power of Indian entrepreneurship, and programs like these are pivotal in enhancing India's contribution to global markets. The efforts of The Estée Lauder Companies Inc. ,New Incubation Ventures and Nykaa in fostering this #spirit of innovation is #laudable. India is ready to become a #leader in the #beauty #industry, and initiatives like BEAUTY&YOU India are key to realizing that #vision. #BeautyAndYouIndia #DPIIT #EsteeLauderCompanies #Nykaa #Entrepreneurship #MakeInIndia #IndianStartups #AtmanirbharBharat #BeautyEcosystem #beautyandyouawards2024 Hon'ble Narendra Modi, Hon’ble Piyush Goyal Amardeep Singh Bhatia Nivruti Rai Sumeet Jarangal Chaahat Khattar Aastha Grover Neha Nagpal Anubhav Kumar Das Rachit Manchanda Mamta Thakur Palak Kaur Bhatia Dr. Preet Deep Singh Falguni Nayar Ghazal Alagh Shruti Chandra Forest Essentials Neelashi Shukla Geeta Bajaj Department for Promotion of Industry and Internal Trade Invest India Startup India Open Network For Digital Commerce (ONDC) FICCI Confederation of Indian Industry IMC Chamber Of Commerce and Industry (IMC)
After two years of perfecting our vision, BABOSKI has officially launched today! This journey has been filled with dedication, trials, and a lot of love, but we finally made it. A huge thank you to everyone who has been with me on this roller coaster ride—your support means the world! We can’t wait for you to experience the next-gen bath & body care we’ve crafted just for you! BABOSKI Special thanks to BEAUTY&YOU The Estée Lauder Companies Inc. New Incubation Ventures and Nykaa for believing in us and supporting our journey!
We did it! ??? Winning the BEAUTY&YOU Awards 2024 in the Imagine category for Not Just Vanilla, powered by New Incubation Ventures and The Estée Lauder Companies Inc. feels surreal. It’s not just an award; it’s a reflection of years of growth, resilience, and pouring my heart into something I genuinely believe in. This journey began with my own insecurities—moments when I didn’t feel "enough" in my own skin. As my body changed in my 30s—with stretch marks, cellulite, and hormonal shifts—I learned that body care isn’t about "fixing" ourselves. It’s about loving our bodies as much as we love our faces and treating self-care as an act of self-love that goes far deeper than skincare. We set out to build something that truly makes a difference—a brand that doesn’t just sell products, but offers something people genuinely need to improve their lives. Not Just Vanilla was created to challenge norms and give women a way to care for themselves in the ways that matter most, even for the parts of our bodies that often get overlooked. When I ended my pitch presentation, I said something that’s been my guiding light: It’s time to reclaim the narrative around our bodies and shift the focus away from the male gaze. We need to celebrate the power of the female gaze—the one that looks in the mirror and sees not just skin, but strength, self-love, and resilience. This recognition from BEAUTY&YOU, with support from Nykaa, isn’t just validation, it’s a reminder of why I started this journey. To everyone who said, "You had the winning energy," "Proud but not surprised," "You always had it in you to win,"— THANK YOU. Your belief in me, even on the days when I doubted myself, made all the difference. This win is for you, too. #NotJustVanilla #Beauty&You2024 #EsteeLauderCompanies #Nykaa #BodycareRevolution #SelfLoveJourney #Entrepreneurship #GRATITUDE