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2 clusters · 6 sources · 7 days · First seen · Last updated

Support for Indian beauty and fashion entrepreneurship

Overview

Efforts to bolster the Indian beauty, fashion, and lifestyle sectors have expanded through both corporate partnerships and local initiatives. L’Oréal’s venture capital fund, BOLD, and retailer Nykaa announced a collaboration to invest in emerging Indian beauty and personal care brands, providing mentorship while allowing founders to retain operational control.

Parallel to these corporate investments, broader support for domestic entrepreneurship has emerged. This includes the ‘Vocal4Local Reel Challenge,’ a government-backed social media initiative to promote ‘Made in India’ products, and Nykaa Fashion’s ‘Hidden Gems’ accelerator program, which offers zero commission for six months to help independent designers and D2C innovators scale their businesses.

Entities

Anchit Nayar · Jacques Lebel · India · Bold · Nykaa

Timeline

  1. [BUSINESS] 3 sources
    India promotes local brands through social media challenge and Nykaa Fashion accelerator

    India is promoting local entrepreneurship through the ‘Vocal4Local’ social media challenge and Nykaa Fashion’s new accelerator program, which offers zero commission to emerging home-grown brands.

  2. [BUSINESS] 3 sources
    L’Oréal and Nykaa partner to invest in Indian beauty startups

    L’Oréal’s BOLD fund and Nykaa are partnering to invest in emerging Indian beauty and personal care brands, providing capital and mentorship while allowing founders to retain operational control.

Sources

indianweb2.com · marketingmind.in · pakistaniart.pk · secure.mygov.in · smestreet.in · wwdjapan.com