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News Release: 12/15/2025

THE INNOVATIVE CPA GROUP LAUNCHES GLOBAL OPERATIONS IN BANGALORE, INDIA

The Innovative CPA Group (ICG) is proud to announce the launch of its new office in Bangalore, India. Marking a significant milestone in expanding the firm’s global footprint and strengthening its ability to deliver high-quality, technology-enabled accounting and tax services worldwide.
 
The establishment of ICG India reflects the firm’s commitment to scaling excellence, enhancing operational capacity, and deepening service capabilities for clients across the United States and internationally. Located in Bangalore—India’s premier innovation and technology hub—the new office positions ICG at the center of a world-class ecosystem known for exceptional talent, efficiency, and continuous advancement.
 
The Innovative CPA Group India operates as a global extension of the U.S. firm, guided by the same values of collaboration, transparency, strategic advisory, and client-first service. The India team will support the full range of tax, accounting, advisory, technology, and operational services offered by The Innovative CPA Group, ensuring seamless integration and consistency across borders.
 
“Establishing our Bangalore office represents an exciting step forward for The Innovative CPA Group,” said Charles D. Smith, CPA, Partner and Founder. “Expanding internationally allows us to strengthen our capabilities, enhance client support, and position our firm for the future. ICG India reflects our commitment to growth, innovation, and delivering great service on a global scale.”
 
“ICG India builds on our shared vision of operational excellence and collaborative service,” said Lauren Shugrue, Partner and Founder. “Our teams across the U.S. and India operate as one unified organization. We’re aligned in how we work and what we value. With shared systems and open communication, we’re able to support clients seamlessly and help them reach their goals.”
 
The Bangalore office is led by Shubha Rao, Director & Head of India Operations, a seasoned leader with more than 21 years of U.S. tax experience, specializing in global mobility and cross-border compliance. As a founding executive of ICG India, she brings both technical depth and strategic vision to the firm’s global expansion.
 
"ICG India embodies the firm's vision of excellence, innovation, and client focus,” said Shubha Rao, “We are committed to our clients, to building trusted relationships, and to delivering work we are proud of - bringing accountability, quality, and a global mindset to strengthen the firm's impact."
 
Shubha is joined by Vinyas Vinayaka, Senior Manager, who brings over a decade of U.S. tax expertise, an MBA from Bengaluru University, and leadership experience from Big 4 and Big 6 accounting firms. Together, they will guide the India team in supporting ICG’s mission to deliver scalable, high-impact solutions for clients.
 
Clients can expect a seamless experience with service delivery that remains consistent with the firm’s current practices, along with continued collaboration with their existing ICG advisors. The integration of ICG India enhances efficiency and capacity while maintaining the quality, communication, and personalized attention ICG’s clients rely on.
 
About The Innovative CPA Group India
The Innovative CPA Group India is the global extension of ICG, operating from Bangalore to support the firm’s tax, accounting, advisory, and technology-enabled services. The India team works in full collaboration with ICG’s U.S. offices, enhancing capacity, efficiency, and service continuity across the firm. For more information, visit https://www.innovativecpagroup.com/in/.
 
About The Innovative CPA Group
Founded in 2017 by Lauren Shugrue and Charles D. Smith, The Innovative CPA Group (ICG) is a premier accounting and advisory firm delivering high-quality tax, accounting, fiduciary, audit, and consulting services to individuals and businesses. Headquartered in Shelton, Connecticut, ICG operates from offices across the U.S. and now globally.
 
As a nationwide firm, ICG takes pride in serving a diverse clientele, with a strong presence in Connecticut, Massachusetts, and Florida, while supporting clients across the entire United States. The core of ICG’s success lies in seamlessly integrating innovative technology and adopting a collaborative approach. This unique combination enables them to maintain unparalleled customer service standards, offering clients peace of mind as they navigate their financial landscapes. Trust ICG for excellence in financial services, where innovation meets dedicated expertise. For more information, visit https://www.innovativecpagroup.com/.


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