Bengaluru, India – May 23, 2024 – The Institute of Chartered Accountants of India (ICAI) today announced the upcoming Startup Sphere 2024 event, taking place from June 27th to 29th in Bengaluru, India’s “tech city.”
Building on Last Year’s Success
“We are proud to highlight the remarkable growth of India’s startup ecosystem, now the third largest globally,” said CA. Ranjeet Kumar Agarwal, President of ICAI. “Following the success of our inaugural Startup Sphere event in Mumbai last year, which facilitated an estimated USD $100 million in funding commitments, we’re excited to bring this year’s event to Bengaluru.”
Connecting Entrepreneurs and Investors
This three-day event is expected to attract over 10,000 attendees, including entrepreneurs, investors, government officials, and representatives from over 100 ICAI branches across India. Notably, more than 15 unicorns are expected to participate, creating valuable networking opportunities.
Focus on Innovation and Growth
“The Startup Sphere 2024 will feature 100 exhibitors and 200 startups pitching their innovative ideas to an estimated 100 investors from Bangalore alone,” said CA. Dheeraj Kumar Khandelwal, Chairman of the Committee on MSME & Startup of ICAI. “The event will focus on key trends like AI, machine learning, and the intersection of technology and entrepreneurship.”
ICAI’s Commitment to Startups
The ICAI Startup Gateway is a testament to the organization’s dedication to fostering entrepreneurship and empowering startups. ICAI offers startups crucial resources like mentorship, financial advisory services, and expertise in working capital management.
Collaboration for Growth
The Startup Sphere 2024 event is supported by the Indian government’s Department for Promotion of Industry and Internal Trade (DPIIT) through Startup India, along with the Ministry of Electronics and Information Technology (MeitY), Software Technology Parks of India (STPI), and Karnataka Innovation and Technology Society (KITS). This collaboration underscores the shared commitment to fostering innovation, entrepreneurship, and economic growth in India.
Event Goals
“Through knowledge-sharing, networking opportunities, and strategic partnerships forged at this event, we aim to catalyze the development of startups and contribute significantly to India’s vibrant entrepreneurial landscape,” concluded Agarwal.
