India Accelerator Launches Saudi Expansion with Fifteen Million Dollar Fund for Indian Startups
New Riyadh-based initiative aims to help Indian technology firms scale into the Middle East and North Africa markets
India Accelerator has announced its expansion into Saudi Arabia with the launch of a fifteen million dollar fund designed to support Indian startups seeking to enter and grow in the Middle East.
The move marks a significant step in deepening economic and innovation ties between India and Saudi Arabia, as the kingdom accelerates its push to become a regional hub for entrepreneurship and advanced technology.
The new fund will focus on early- and growth-stage Indian companies in sectors including software, financial technology, enterprise solutions, artificial intelligence, sustainability and deep technology.
Through its Saudi presence, India Accelerator plans to provide capital, market access, regulatory guidance and local partnerships to help startups establish operations and secure customers across Saudi Arabia and the wider Gulf region.
Executives involved in the expansion said Saudi Arabia’s rapidly growing digital economy, strong government support for innovation and large-scale investment environment make it an attractive destination for Indian founders looking beyond domestic and Western markets.
The initiative is aligned with Saudi Arabia’s Vision two thousand thirty programme, which prioritises diversification, private-sector growth and international collaboration.
India Accelerator’s entry into the kingdom also reflects rising interest among Indian startups in the Middle East as a launchpad for global expansion, supported by improving bilateral trade relations and increasing capital flows between the two countries.
The fund is expected to deploy investments over the coming years while building a structured pipeline to connect Indian innovation with Saudi market demand.