Dates
The Government of Ontario is organizing a Fintech & Cybersecurity Export Business Mission to the Bengaluru Tech Summit in India.
As India embraces a digital economy, cybersecurity threats like identity theft and ransomware have grown. Cyber-related crimes have particularly impacted banking, financial services and insurance, critical infrastructure, and e-commerce. The Indian e-commerce market is anticipated to be valued at C$270 billion by 2026, which increases the urgency to address security issues related to digital transactions in the country. The Indian fintech sector is also expected to experience long-term growth, spurred by a young, tech-savvy population, an expanding consumer base, and government digitalization efforts. India’s fintech sector is focused on digital lending, digital payments, insurtech, wealthtech, and blockchain. Indian fintechs will generate C$257 billion by 2030, with more than 65% of fintech CEOs prioritizing partnerships. The government’s path toward a cashless economy, which accelerated during the pandemic, fueled demand for financial technologies.
Mission delegates will have exhibitor space at the 26th edition of the Bengaluru Tech Summit, organized by the Karnataka State Government. Exhibiting companies are involved in IoT, AI & machine learning, augmented/virtual reality, fintech, edtech, gaming, biotech, healthtech, medtech, and mobility. The 2023 show saw the participation of 30+ countries, 600+ exhibitors, 10,000+ business delegates, and 400+ conference speakers. Bengaluru is known as the "Silicon Valley of India" because it is the nation's leading software exporter and a major semiconductor hub.
The mission package will include:
- 1:1 export advice and consultation
- Pre-mission briefing offering sector/market updates and logistical information related to the mission
- Exhibiting space in the Ontario booth at the Bengaluru Tech Summit
- Customized B2B program and site visits to connect Ontario companies with potential customers and partners
- Travel to Bengaluru and potentially other cities in India
- Marketing and promotional support through trade show and Ontario delegates’ directories
- Networking opportunities and potential conference speaking slots
The mission registration fee is to be confirmed. In addition, participating Ontario companies must cover the cost of their flights, accommodation, some local transportation and meals. Delegates may wish to explore the federal government's CanExport funding program to support their international business activities.
Mission application date: September 20, 2024
