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Falguni Nayar honoured with the ‘EY Entrepreneur Of The Year’ Award 2021

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Mumbai: Beauty e-commerce platform, Nykaa Founder & CEO Falguni Nayar was named the ‘EY Entrepreneur of the Year 2021’ at a ceremony held on Tuesday evening.

Nayyar will now represent India at the ‘EY World Entrepreneur of the Year Award (WEOY)’ on 9 June 2022.

An investment banker turned entrepreneur, Falguni Nayar disrupted a brick-and-mortar industry by taking a digital route to sell beauty products in 2012.

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Her start-up, Nykaa, is one of the most profitable start-ups in the country with a strong omni-channel presence. The company recently raised fresh capital for expansion through a blockbuster Initial Public Offer (IPO). Falguni was the recipient of the ‘EY Entrepreneur of The Year Award’ in the start-up category in 2019.

Larsen & Toubro (L&T) group chairman A M Naik was felicitated with the Lifetime Achievement Award. Having joined L&T in 1965 Naik grew within the ranks to become the chairman and managing director in 2003. He has been instrumental in transforming the engineering services company into one of India’s foremost conglomerates spanning engineering and construction, energy, finance and IT.

Awards were also announced for nine other categories with the winners representing both mature industries and young entrepreneurs from startups including unicorns. The winners were selected by an eminent nine-member independent jury panel led by ICICI Bank’s former chairman KV Kamath.

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Minister of Labour & Employment and Environment, Forest & Climate Change, Bhupender Yadav was the chief guest of the event. The Minister of State for Finance, Dr Bhagwat K Karad was the guest of honour at the ceremony.

In his address, the chief minister said, “India is marching towards an inclusive and sustainable economy which firmly believes in enabling and enhancing the efficiency and efficacy of our entrepreneurs. It is great to see that this year, EOY Awards has 21 finalists with combined revenues of Rs 1.87 trillion, who collectively employ more than 2,60,000 people; this is a testimony of the nation’s entrepreneurial talent.”

EY Entrepreneur Of The Year™ 2021 Winners :

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-EY Entrepreneur of the Year™ 2021

Falguni Nayar, Founder and CEO, FSN E-commerce (Nykaa)

-Lifetime Achievement

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A. M. Naik, Group Chairman, Larsen & Toubro

-Category Winners

Start-up: Vidit Aatrey, Co-founder & CEO and Sanjeev Barnwal, Co-founder & CTO, Fashnear Technology (Meesho)

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Business Transformation: Abhay Soi, Chairman and Managing Director, Max Healthcare

Manufacturing: Sunil Vachani, Founder and Executive Chairman, Dixon Technologies  

Services: Sahil Barua, Co-founder and CEO, Delhivery

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Consumer Products & Retail: Shiv Kishan Agarwal, Chairman; and Manohar Lal Agarwal, Chairman and Managing Director respectively, Haldiram Group

Life Sciences & Healthcare: Dr Satyanarayana Chava, Founder and CEO, Laurus Labs

Financial Services: Harshil Mathur, Co-founder and CEO; and Shashank Kumar, Co-founder and CTO, Razorpay

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Technology, Media and Telecom: Girish Mathrubootham, Co-founder and CEO, Freshworks

Entrepreneurial CEO: Vivek Vikram Singh, Managing Director and Group CEO, Sona Comstar

EY India chairman and CEO Rajiv Memani said, “The backdrop of the awards this year is one of great resilience of India’s entrepreneurial ingenuity and the country’s growth prospects. Our EY Entrepreneur of the Year 2021 Winners should be celebrated for their success against all odds, especially in today’s business environment, which is more dynamic than ever. Many of the winners are very young and have tremendously scaled their enterprises through innovation, adoption of new-age technologies, and value creation in a very short span of time. I congratulate each one of them for paving the way for other aspiring entrepreneurs and achieving excellence in their respective sectors.”

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ICICI Bank former chairman and jury chair of EOY Awards 2021 KV Kamath said, “Each of the EOY 2021 Winners has an outstanding story of entrepreneurial excellence. They have pivoted and grown at a tremendous pace, adopted technology, and built very competitive businesses. On behalf of the Jury, I congratulate all the 2021 Finalists and Winners who are making a commendable impact in their respective ecosystems and truly represent the emergence of a new India.”

Other jury members of the nine-member independent panel included Dr Kiran Mazumdar-Shaw, Chairperson, Biocon; Vibha Padalkar, Managing Director and Chief Executive Officer, HDFC Life; Neeraj Bharadwaj, Managing Director, The Carlyle Group; Amit Dixit, Head Asia Private Equity, Blackstone; Rajnish Kumar, Former Chairman, State Bank of India; Harsh C. Mariwala, Chairman, Marico; Sanjiv Mehta, CEO and Managing Director, Hindustan Unilever; and Gopal Srinivasan, Founder, Chairman and Managing Director, TVS Capital Funds. 

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MAM

Lakmé launches SPF infused makeup range with ‘I Earned It’ campaign

Lakmé 9to5 Hya Beach Edit blends sun protection, hydration and colour.

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MUMBAI: If the Indian summer insists on turning up the heat, beauty brands are learning to keep their cool. Lakmé has unveiled a new campaign titled “I Earned It” to introduce the Lakmé 9to5 Hya Beach Edit, its first makeup range infused with SPF. The campaign features brand ambassador Aneet Padda and positions the collection as a blend of sun protection, skincare and long wear colour designed for India’s hot and humid climate.

Part of the Lakmé 9to5 portfolio, the new range expands the brand’s long running narrative around the confident working Indian woman. With the “I Earned It” message, the campaign shifts the focus slightly, celebrating not just ambition but also the idea that downtime and personal moments are equally deserved.

The campaign film follows a modern professional navigating a day that moves effortlessly between work calls, coffee runs and evening plans, reflecting the fast paced routine of urban life where indoor polish often meets outdoor exposure to the sun.

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Hindustan Unilever Limited chief marketing officer for beauty and wellbeing Sunanda Khaitan said the product was developed with India’s climate and lifestyle in mind. “Living in a country with high sun exposure made us rethink what long wear beauty should deliver. With the Lakmé 9to5 Hya Beach Edit we are bringing together sun protection, hydration and high performance colour in a single step,” she said.

The new range is formulated with SPF and powered by hyaluronic acid, a skincare ingredient widely used for hydration. According to the brand, the products are designed to remain intact in heat and humidity with sweat proof, transfer proof and water proof formulas.

The aim is to merge skincare benefits with cosmetic performance, offering lightweight finishes that stay fresh even during long days outdoors.

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Padda said the campaign resonated with her own routine of balancing work and personal time. “‘I Earned It’ is a reminder to celebrate yourself without guilt and enjoy the moments you have worked hard for. The campaign reflects that spirit with makeup that feels fresh, effortless and designed for real life,” she said.

The campaign was developed by Ogilvy, where creative leaders Mihir Chanchani and Zenobia Pithawalla described the concept as reflecting a Gen Z mindset that embraces both hustle and leisure.

The Lakmé 9to5 Hya Beach Edit collection is now available on the brand’s official website, major online marketplaces and retail stores across India.

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