This is not exactly a Pune event, but given the number of people with entrepreneurial instincts in Pune, this should have wide appeal here.
TiE and Canaan Partners announced the launch of the TIE-Canaan Entrepreneurial Challenge 2008, a business plan competition open to early stage entrepreneurs from across the country. The idea is to submit a business plan before May 12th (if you can figure out where the template is. (Thanks pluggd.in.)
There are a number of interesting awards, including guidance and market development support from Microsoft (to one finalist), a course at ISB (to one person from each finalist team), and being featured in Business Today.
Open only to those who have already incorporated a company.