Riyadh – Sharikat Mubasher: India Accelerator (IA), a multi-stage, fund-led accelerator, announced its preparation to roll out its accelerator program in Saudi Arabia, supported by a $15 million fund aimed at helping Indian startups enter and scale in the Kingdom.
As per the company’s announcement on LinkedIn, the initiative is backed by the National Technology Development Program (NTDP) through its Empowering Accelerators product, which aligns with Saudi Arabia’s broader innovation and entrepreneurship goals under Vision 2030.
Through the program, participating startups will receive structured acceleration support, market access, and funding opportunities to localize their operations and expand across Saudi Arabia.
Ashish Bhatia, Founder, India Accelerator, commented: “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.”
Meanwhile, Ibrahim Neyaz, CEO of the NTDP said: “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.”
