HomeSaudi ArabiaIndia Accelerator Launches $15 Million Fund for Saudi Arabia Expansion

India Accelerator Launches $15 Million Fund for Saudi Arabia Expansion

India Accelerator Launches $15 Million Fund for Saudi Arabia Expansion

India Accelerator (IA), a seed-stage startup accelerator, has started a new program in Saudi Arabia with the support of a $15 million fund. This program will help Indian startups enter the Saudi market and grow their business there.

The initiative is supported by NTDP’s Empowering Accelerators program, which is part of Saudi Arabia’s Vision 2030 plan to promote innovation and new technologies.

The program will mainly support startups working in AI, sustainability, electric vehicles (EV), proptech, and deeptech.

The first cohort, launching in March 2026, will support 8–10 high-potential startups with market-entry guidance, regulatory advice, local partnerships, and investor connections. Applications opened on December 8, 2025, and close on February 28, 2026.

Ashish Bhatia, Founder, India Accelerator, said in a statement, “Saudi Arabia is emerging as one of the world’s most forward-looking innovation markets. Through this partnership with NTDP, we aim to offer Indian startups a trusted, structured pathway to scale in the Kingdom. This collaboration reinforces our commitment to enabling cross-border expansion and building meaningful linkages with global innovation ecosystems.”

Ibrahim Neyaz, CEO of the National Technology Development Program (NTDP), said in a statement, “Saudi Arabia and India are home to two advanced startup ecosystems. Through our partnership with India Accelerator, we are opening new pathways that enable indian entrepreneurs to collaborate with Saudi partners, tap into the Kingdom’s evolving technology and investment landscape and contribute to the growth of its digital economy. This partnership strengthens the connection between our ecosystems and helps deepen long-term collaboration between the two countries in technology and investment.”

India Accelerator (IA) is a seed-stage accelerator that supports innovation and helps early-stage founders from around the world. It works with new startups to guide them in building and scaling their ideas.

Along with its accelerator program, IA also invests in young companies through its joint venture Finvolve, three AIFs, and a GIFT City fund. It provides startups with mentorship, tools, and strong networks to help them grow and succeed.

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