KPMG launches state-of-art innovation centre in Bengaluru

One of the Big Four accounting firms KPMG announced the launch of its innovation center in Bengaluru on Thursday. Called the KPMG Innovation Kaleidoscope Insights Centre, it is the second of its kind in India and 29th globally. India's first, located in Mumbai, was launched in 2022.

The center showcases state-of-the-art solutions in specific sectors through AR-VR devices, Tax Technologies, Digital solutions for ESG, and Gen AI solutions across domains that will address the digital innovation needs of GCCs and clients, the company said in a statement.

“Our vision for this space is to equip our clients with the tools and knowledge necessary to build the future. At the insights centre we facilitate the intersection between human intellect and cutting-edge technology and aim to drive immersive learning experiences, driving innovation, and nurturing growth,” said Yezdi Nagporewalla, CEO, KPMG in India. To be sure, KPMG  comprises over 40,000 employees in India. A company spokesperson has also projected a 25% year-on-year growth in workforce strength for the coming year. 

Anindya Basu, the national managing partner, and head of advisory said that the center is expected to become the source of innovation — combining global expertise with local talent. The Mumbai centre has to date collaborated with alliance partners to solve industry challenges, and demonstrated accelerators built with KPMG partners like Oracle, Microsoft, Google, Salesforce, ServiceNow, and multiple start-ups. Basu said that it started with 40 solutions, which have now grown to over 200. The next aim is to introduce over 500 solutions and take them to more customers. 

“India’s second Innovation Kaleidoscope Insights Centre housed in the Bengaluru office will draw on the immense talent, digital expertise and innovative potential available here. We encourage and invite clients and organisations alike, to visit this immersive workspace, which will offer a one-of-a-kind experience and a showcase all our solutions," said Supreet Sachdev, office managing partner, Bengaluru, KPMG in India.