The 10 km run at Bandra-Kurla Complex in Mumbai was led by avid runner and fitness enthusiast Milind Soman.
The event was held in association with the Women's Cancer Initiative and Tata Memorial Hospital.
More than 2,000 women from different walks of life came together and supported the cause.
Kiran Tiwari emerged as the overall winner of the 10 km run while Mayuri Sutar and Nikita Ingale won the 5 km and 3 km class respectively of the multi-category running event.
Proceeds raised through Pinkathon International Women's 10 km will be used by the Women's Cancer Initiative, led by Deveika Bhojwani, in their fight against breast cancer.
This is the first of the planned 10-city tour across India, as the event organisers plan to take it in different cities over the next couple of years.
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Pinkathon will continue being an annual event in every city it features in, Bhojwani said.
Participants at the event included state Minister for Women & Children's Welfare Varsha Gaikwad and personalities such as MTV VJ Anusha Dandekar, actress Tara Sharma and model and actor Lisa Haydon.
Soman said, "This will help women realise that they need to be constantly aware and spread the word around."
According to medical research, running is an activity that not only promotes well being but also raises immunity levels and improves health to help fight diseases like cancer. Running therefore addresses most of the top 10 ways to help prevent breast cancer.
In India, the number of new breast cancer cases is about 115,000 per year and this is expected to rise to 250,000 new cases per year by 2015. It is also one of the curable cancers, if detected early, he said.