sweden-india business council

Name

sweden-india business council

Legal name

Sweden-India Business Council

Website

https://sibc.se

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership Fees: SIBC is a membership-run organization with members ranging from large companies to SMEs. Members pay fees to access networking, roundtables, and business facilitation services.
2. Event and Delegation Programs: Fees for participation in delegations to India, innovation bridge programs, and specialized events. Participation fees for programs like Sweden India Innovation Bridge range from EUR 2500-4000 depending on company size and membership status.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels10 records

Core offering

Sweden-India Business Council (SIBC) is a membership-run business council that facilitates bilateral business between Sweden and India through networking platforms, executive roundtables, business delegations, innovation programs, and policy engagement. It provides member companies with access to a senior-level network across both markets, including acting as Secretariat for the India Sweden Business Leaders' Roundtable (ISBLRT) established by both Prime Ministers.

Product overview

Sweden-India Business Council (SIBC) is a membership-run business council, not a technology product company. It offers a portfolio of services including business networking platforms, delegations, executive roundtables, and innovation programs. Key named offerings include SITEC (Sweden India Tech Community) for tech startup collaboration, SITIS for technology intelligence, annual delegations (Manufacturing and Life Sciences to India), Innovation Day and Innovation Bridge events, Friday Breakfast Roundtables, and a membership directory. The organization uses third-party platforms like Glueup for event management but does not offer proprietary technology products.

Differentiator

Problem solved

Functional benefit

Products and services

• Sweden India Tech Community (SITEC) A community platform for startups, scaleups, corporate incubators, investors, entrepreneurs, university incubators, and academia to foster innovation and R&D collaboration between Sweden and India.
• Sweden India Tech Intelligence System (SITIS) An intelligence and knowledge-sharing system focused on technology trends and business opportunities between Sweden and India.
• Manufacturing Delegation to India Annual delegation program for companies to explore manufacturing opportunities in India.
• Life Sciences Delegation to India Delegation program focused on life sciences and healthcare business opportunities in India.
• India Sweden Innovation Day Flagship annual platform co-hosted with India Unlimited and Embassy of India in Sweden, focusing on co-creation for sustainability, clean energy, AI, green manufacturing, and innovation partnership.
• Sweden India Innovation Bridge A 5-day immersive program in India designed to strengthen innovation capacity of Swedish companies through exposure to India's startup ecosystem and Global Capability Centers (GCCs). Participation fees range from EUR 2,500–4,000 per delegate based on membership status and company size.
• Executive Roundtables Focused meetings and roundtables with specific topics such as setting up manufacturing plants in India, featuring fewer but more relevant stakeholders for deeper understanding.
• Friday Breakfast Roundtables Regular networking and knowledge-sharing sessions held in Stockholm and Gothenburg.
• Membership Directory Directory service connecting members within the Sweden-India business community.
• Newsletter Subscription Email newsletter keeping subscribers updated on news and events related to Sweden-India business relations.

Quantifiable outcome

• Over 500 events successfully executed since 2005
• +3 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered core, major and minor.

• Confederation of Indian Industry (CII)coreStrategic or Co-development Partner · 1 February 2016Founding partner alongside Confederation of Swedish Enterprise. CII holds joint secretariat with SIBC for India Sweden Business Leaders' Roundtable (ISBLRT). CII is an association of Indian businesses with over 7,200 members working to create environment conducive to industry growth.
• Confederation of Swedish EnterprisecoreStrategic or Co-development Partner · 1 January 2002Founding partner along with CII. MOU was signed in 2002 between Confederation of Indian Industry (CII) and Confederation of Swedish Enterprise to form SIBC.
• Federation of Indian Chamber of Commerce and Industry (FICCI)majorStrategic or Co-development PartnerSIBC has signed a collaboration agreement with FICCI, making them a close partner alongside CII for business facilitation between Sweden and India.
• Business SwedenmajorGTM or Marketing PartnerWorks closely with Business Sweden for organizing delegations and providing support to member companies. Business Sweden organizes large business delegations accompanying state visits.
• India Sweden Business Leaders' Roundtable (ISBLRT)coreStrategic or Co-development PartnerSIBC serves as Secretariat on Swedish side for ISBLRT - a high-level platform for business leaders from Sweden and India. Established by both Prime Ministers in 2016. Reports to respective Prime Ministers. Co-chaired by Marcus Wallenberg (SEB) and Baba Kalyani (Bharat Forge).
• Sweden India Tech Community (SITEC)majorStrategic or Co-development PartnerSIBC drives SITEC in partnership with Invest Stockholm and KTH. Platform for startups, scaleups, university incubators, corporate incubators, investors, and entrepreneurs to connect across Sweden-India innovation corridor.
• India UnlimitedmajorGTM or Marketing PartnerPublic-private initiative co-created with Indian Embassy to strengthen links between businesses and peoples of Sweden and India. Co-hosts flagship events like India Sweden Innovation Day.
• Swedish Smart Grid ForumminorStrategic or Co-development PartnerSIBC and Swedish Smart Grid Forum jointly published electromobility report during state visit. Partnership on electromobility and smart grid topics.
• Pratham SwedenminorStrategic or Co-development PartnerSIBC supports Pratham Sweden's education and skilling initiatives through ISBLRT engagement. Pratham Sweden's 'Swedish Model' of collective industry action on education has gained recognition.
• Department of Science and Technology, IndiamajorStrategic or Co-development PartnerIndian government counterpart committed 25 MSEK matched by Swedish Energy Agency for collaboration on energy and sustainability research.
• KTH Royal Institute of TechnologymajorStrategic or Co-development PartnerKTH signed partnership with IIT Madras during state visit. Represents academic institutions in ISBLRT. Collaboration on research and innovation.
• Chalmers University of TechnologymajorStrategic or Co-development PartnerRepresented by Stefan Bengtsson (Principal and President) in ISBLRT. Academic partner for joint research and innovation initiatives.
• ABB SynerleapminorStrategic or Co-development PartnerABB's incubator/accelerator company announced collaboration with 3 Indian startups through access to R&D, market intelligence, and global market reach.
• National Skill Development Corporation (NSDC)minorStrategic or Co-development PartnerPartnership signed with EF Education and NSDC during state visit for skills development initiatives.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• UK India Business Council: Bilateral business council between the UK and India focused on trade, investment, and policy advocacy between the two countries. Operates a nearly identical membership/event/delegation model as SIBC for the Sweden-India corridor.
• US-India Business Council: U.S.-India bilateral business council housed within the U.S. Chamber of Commerce, convening CEOs and senior executives to advance trade and policy engagement. Closely analogous in function to SIBC's ISBLRT-style senior-executive platform.
• Confederation of Indian Industry (CII): Founding partner of SIBC alongside Confederation of Swedish Enterprise; CII is a major Indian industry association with 7,200+ members, holding joint secretariat of ISBLRT and providing similar business/networking/policy services to corporates in India.
• Federation of Indian Chambers of Commerce and Industry (FICCI): Strategic partner of SIBC via a collaboration agreement; one of India's largest apex business chambers organizing events, policy advocacy, and B2B matchmaking — directly comparable membership-association activity on the Indian side.
• Indo-German Chamber of Commerce: Bilateral chamber for India-Germany trade and investment. Operates the same model of membership tiers, delegation programs, working groups, and high-level CEO engagement that SIBC delivers for the Sweden-India corridor.
• Confederation of Swedish Enterprise (Svenskt Näringsliv): Co-founding partner of SIBC via the 2002 MOU that established the council; Sweden's principal business and employer federation. Directly comparable as a membership-driven industry association facilitating commercial activity, including with India.
• Indo-French Chamber of Commerce and Industry (IFCCI): Bilateral chamber for India-France commerce, hosting events, networking, and policy dialogues for member companies. Provides the same bilateral-council template for a different country pair, making it a structural peer for SIBC.

Broad incumbents

• Business Sweden: Swedish state-backed trade and investment promotion agency; co-organizes delegations with SIBC and offers overlapping services. A larger, government-funded incumbent in the same Swedish-promotion space, but with broader mandate beyond India.
• Invest Stockholm: Stockholm regional investment promotion agency; SIBC partner for SITEC and innovation programming. Operates overlapping FDI and ecosystem-building activity focused on a single Swedish region rather than bilateral India engagement.

Regional players

• India Unlimited: Public-private initiative co-created with the Indian Embassy in Sweden and co-hosts SIBC's flagship India Sweden Innovation Day. Operates in the same Sweden-India engagement space but as a complementary promoter rather than a competing member-based council.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/SIBCtweets
• Facebookfacebook.com/SwedenIndiaBusinessCouncil
• LinkedInlinkedin.com/company/sweden-india-business-council
• Instagraminstagram.com/swedenindiabusiness

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about sweden-india business council