India Accelerator enters Saudi Arabia with $15 Mn fund for Indian startups

Seed-stage startup accelerator India Accelerator (IA) has launched its accelerator program in Saudi Arabia, backed by a dedicated $15 million fund to support Indian startups entering and scaling in the Kingdom.

The initiative is supported by the National Technology Development Program’s (NTDP) Empowering Accelerators product, advancing Saudi Arabia’s growing innovation mandate under Vision 2030.

The program will focus on startups across AI, Sustainability, Electric Mobility (EV), PropTech, and DeepTech—sectors closely aligned with the Kingdom’s Vision 2030 priorities and NTDP’s mission to accelerate technology-led economic transformation.

The first cohort, scheduled for launch in March 2026, will support 8–10 high-potential startups, providing structured market-entry support, regulatory guidance, access to local partnerships, and investor connectivity. Applications for the inaugural batch opened on December 8, 2025, and will remain open until February 28, 2026.

According to IA, the partnership with NTDP establishes a strong foundation for deeper engagement across the GCC, expanding India Accelerator’s global footprint and advancing its mission to support founders beyond domestic markets.

India Accelerator (IA) is a seed-stage startup accelerator that aims to foster innovation and support emerging founders across the globe. Along with the accelerator, it is also active in early-stage investments through its joint venture Finvolve and its three AIFs and a GIFT City fund. The firm provides startups with the tools, mentorship, and network they need to thrive in an increasingly competitive landscape.