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The 24-year-old actress will be the first Indian to endorse the product along with superstars Liz Hurley and Gwyneth Paltrow.
The trio are the latest "supemodels" for the world's leading manufacturer in cosmetics, the ‘Sun’ reported in its online edition.
However, Pinto's spokesman Anirban Das Blah declined to confirm the news before Estee Lauder releases a statement.
The lady luck has been shining on the Indian actress since her small role as Latika in Danny Boyle's multiple Oscar-winning film.
The star has been touted as the latest fashion icon by international magazine ‘Vogue’. Pinto is also doing a film with legendary film director Woody Allen with Hollywood stars Scarlett Johansson, Anthony Hopkins and Antonio Banderas.
"We are getting two or three offers every day from national as well as international firms," her spokesman said.
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Pinto has been hyped up too much. Her part in Slumdog was a mere 15 minutes. She is not as beautiful as Ash Rai. Only a non-hidu/non-muslim would take her clothes off in modelling in her underwear. It is sad and pathetic for her to sell herself this way
FREIDO PINTO:The picture of actress Pinto looks like the Octomom of California. Is this a mistake?
Probably, real life rags to riches story.-:)