09.20.24
L’Oréal has announced the four Indian startups that have qualified for the Grand Finale of its Big Bang Tech Innovation Program.
The program was announced in May 2024 taking place in the South Asia Pacific, Middle East, and North Africa (SAPMENA) region, including India.
The India regional semifinal round was held on 11 September, and the Grand Finale will be held in October in Singapore.
The Big Bang Beauty Tech Innovation Program is the biggest open innovation competition of this geographical scale; and offers promising startups the opportunity to work with L'Oréal in a commercial pilot within the SAPMENA region.
Saloni Shah, Chief Digital and Marketing Officer, L'Oréal India, said,
“India’s dynamic and rapidly evolving digital landscape has been a fertile ground for groundbreaking innovations in beauty tech. The India semi-final round of the Big Bang Beauty Tech Innovation Program was an inspiring experience, with each of the participating startups displaying exceptional creativity. We are thrilled to support these visionary startups and look forward to seeing their impact on the global stage.”
"I am incredibly excited to see Indian startups embracing the opportunity to redefine the future of beauty through the L'Oréal Big Bang Beauty Tech Innovation Program. Their innovative spirit and dedication to pushing technological boundaries are truly inspiring. This spirit of innovation is something the Government of India and DPIIT are deeply committed to nurturing through initiatives like Startup India."
The judging panel included senior executives of L'Oréal India, Accenture, Google India, and Invest India (India's national investment agency under the Ministry of Commerce and Industry).
Each participating team presented innovative beauty technology and marketing solutions addressing one or more of the five challenge themes: Consumer Experience, Content, Media, New Commerce, and Tech for Good.
Through the program, startups had the opportunity to connect with commercial and digital leaders, including strategic partners and mentors who offered insights to test new ideas and potential to scale.
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The program was announced in May 2024 taking place in the South Asia Pacific, Middle East, and North Africa (SAPMENA) region, including India.
The India regional semifinal round was held on 11 September, and the Grand Finale will be held in October in Singapore.
The Big Bang Beauty Tech Innovation Program is the biggest open innovation competition of this geographical scale; and offers promising startups the opportunity to work with L'Oréal in a commercial pilot within the SAPMENA region.
Saloni Shah, Chief Digital and Marketing Officer, L'Oréal India, said,
“India’s dynamic and rapidly evolving digital landscape has been a fertile ground for groundbreaking innovations in beauty tech. The India semi-final round of the Big Bang Beauty Tech Innovation Program was an inspiring experience, with each of the participating startups displaying exceptional creativity. We are thrilled to support these visionary startups and look forward to seeing their impact on the global stage.”
Big Bang Tech Finalists
- Rezo.ai – Rezo.ai transforms contact centers with AI-powered automation and analytics, boosting efficiency and agent performance. With real-time data insights, it enables enterprises to personalize customer interactions in real time and already handles 2.5 million calls daily.
- NeuralGarage – NeuralGarage uses Generative AI to solve the age-old problem of awkward dubbing in entertainment. Their technology seamlessly syncs actors' lip movements with dubbed audio, creating a natural viewing experience that preserves the cinematic feel of the original content.
- Live2.ai – Live2.ai is a SaaS platform offering interactive video solutions, focusing on shoppable video technology for Connected TV (CTV) and brands' websites and apps. It enables businesses to create engaging videos where viewers can make purchases directly within the video content.
- FluxGen Sustainable Technologies – FluxGen helps businesses take control of their water footprint with AI and IoT. Their end-to-end water management system uses Gen AI-powered analytics and predictive alerts to identify inefficiencies, automate monitoring, and detect leakages and wastage in their water network – reducing water consumption by up to 30% and aiding towards becoming water-positive.
"I am incredibly excited to see Indian startups embracing the opportunity to redefine the future of beauty through the L'Oréal Big Bang Beauty Tech Innovation Program. Their innovative spirit and dedication to pushing technological boundaries are truly inspiring. This spirit of innovation is something the Government of India and DPIIT are deeply committed to nurturing through initiatives like Startup India."
The judging panel included senior executives of L'Oréal India, Accenture, Google India, and Invest India (India's national investment agency under the Ministry of Commerce and Industry).
Each participating team presented innovative beauty technology and marketing solutions addressing one or more of the five challenge themes: Consumer Experience, Content, Media, New Commerce, and Tech for Good.
Through the program, startups had the opportunity to connect with commercial and digital leaders, including strategic partners and mentors who offered insights to test new ideas and potential to scale.
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