Building beauty brands that embody self-expression and self-care, new and young entrepreneurs are addressing the needs of their generation
While studying for her bachelor’s degree in chemistry from Carnegie Mellon University, Delhi-based Ananya Kapur, 24, explored the concept of remedial beauty, creating formulations from her kitchen during the Covid lockdown. “I concocted skincare products, because let's face it, skincare was having a moment. TikTok was buzzing with ingredient talk, and I thought, ‘Why not give it a whirl?’â€
The first of the many products that emerged from her kitchen was a preservative-free blue-coloured gel-based moisturiser, which she distributed to family and friends. In 2021, she launched a skincare-infused, vegan and cruelty-free makeup brand, Type Beauty, catering to well-informed makeup enthusiasts in their 20s and 30s. “In just a decade, the beauty industry has transitioned from creating products that could pose potential harm to skincare-centric beauty,†she says. Bootstrapped by her family’s investments, Type Beauty has been developed to be a user’s best friend, as, “Their confidant, helping them break free from societal beauty standards and embracing their unique ‘type’,†says Kapur.
Kairavi Bharat Ram, 25, a scion belonging to the Bharat Ram family, was housebound while struggling with depression a few years ago. She found an outlet through watching makeup tutorials on YouTube and blogging. “I was terrible at applying makeup, but it didn’t matter because it gave me a surge of confidence I so desperately needed that. It helped me express myself and feel good about myself.â€
Her followers clamoured for tutorials with Indian brands, a space which Bharat Ram found lacking. Sensing a gap in the market for a homegrown label that was fun, exciting and accessible, she launched Typsy Beauty. “I felt that products were not differentiated here; they didn’t have fun concepts, a stark identity and they also lacked quality. That’s when my dream to start a brand was born.†She partnered with labs which have worked with international labels such as Fenty, Rare Beauty and Huda Beauty in Italy and Korea and other countries, developing products such as Typsy’s best-selling Shade shifter pH changing lip and cheek oil which has racked up sales of over 10,000 units in less than six months. “We worked closely with the labs to ensure that the formulation, colour range and packaging is designed to suit Indian weather and our diverse range of skin tones,†she says.
These two represent Gen-Z women building brands targeting India’s booming beauty market, pegged at $15.6 billion in 2022 and projected to reach $17.4 billion by 2025, according to Euromonitor. Gen-Z will make up a quarter of the Asia-Pacific (APAC) region population by 2025, according to a McKinsey report, comprising a major cohort of consumers seeking to experiment and express themselves through beauty brands that are inclusive, effective and tailored to their lifestyles.