INDIA SAUDI

Startup Bridge

Strengthening the Indian-Saudi Innovation Ties

Overview

In India, startups are regarded as the driving force behind structural changes and sustainable economic growth and prosperity, especially with their contribution to job creation. As on 31st May 2023, there are ~99,000 DPIIT recognized startups in India. The recognized startups are spread across 667 districts and in 56 different sectors.


Saudi Arabia is rapidly emerging as a robust ecosystem for entrepreneurship, with its startup ecosystem maturing quickly and dramatically. Driven by reforms under the Saudi Vision 2030, the Saudi government is committed to expanding the startup ecosystem through introducing a wide range of services to the Saudi market for both local and foreign startups.

Quick Facts | India & Saudi

  • Bn population
  • largest startup ecosystem globally
  • startups recognised with Startup India
  • Mn internet users
  • E-Commerce, FinTech, Enterprise Tech, Consumer Services and Media & Entertainment are the top unicorn sectors
  • Accounted for 23% of the total deals in MENA
  • Marked 2022 as a record year for recording three $100 Mn+ rounds
  • FinTech led the charts for funding and the total number of deals
  • 104 investors backed Saudi based startups in 2022
  • Recorded the highest number of exits in 2022
  • Bn population
  • largest startup ecosystem globally
  • startups recognized with Startup India
  • Mn internet users
  • E-Commerce, FinTech, Enterprise Tech, Consumer Services and Media & Entertainment are the top unicorn sectors
  • Accounted for 23% of the total deals in MENA
  • Marked 2022 as a record year for recording three $100 Mn+ rounds
  • FinTech led the charts for funding and the total number of deals
  • 104 investors backed Saudi based startups in 2022
  • Recorded the highest number of exits in 2022

Go-to-Market Guide

India & Saudi

India Italy

Bridge Launch

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Testimonials

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Mentorship Series

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Mentorship Series

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Mentorship Series

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Mentorship Series

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Recent Activities

Launch of the India-Kingdom of Saudi Arabia Startup Innovation bridge at the India-Saudi Investment Forum by our Hon'ble Minister of Commerce & Industry Shri Piyush Goyal, and his counterpart Minister of Investment Kingdon of Saudi Arabia, H.E. Khalid A. Al-Falih.

Recent Activities

Launch of the India-Kingdom of Saudi Arabia Startup Innovation bridge at the India-Saudi Investment Forum by our Hon'ble Minister of Commerce & Industry Shri Piyush Goyal, and his counterpart Minister of Investment Kingdon of Saudi Arabia, H.E. Khalid A. Al-Falih.

Recent Activities

Launch of the India-Kingdom of Saudi Arabia Startup Innovation bridge at the India-Saudi Investment Forum by our Hon'ble Minister of Commerce & Industry Shri Piyush Goyal, and his counterpart Minister of Investment Kingdon of Saudi Arabia, H.E. Khalid A. Al-Falih.

Recent Activities

Launch of the India-Kingdom of Saudi Arabia Startup Innovation bridge at the India-Saudi Investment Forum by our Hon'ble Minister of Commerce & Industry Shri Piyush Goyal, and his counterpart Minister of Investment Kingdon of Saudi Arabia, H.E. Khalid A. Al-Falih.

Recent Activities

Launch of the India-Kingdom of Saudi Arabia Startup Innovation bridge at the India-Saudi Investment Forum by our Hon'ble Minister of Commerce & Industry Shri Piyush Goyal, and his counterpart Minister of Investment Kingdon of Saudi Arabia, H.E. Khalid A. Al-Falih.

Connect with us

suipartnership@investindia.org.in

InvestorCare@misa.gov.sa

info@monshaat.gov.sa