IAN Group Partners with iAccel Gulf 

IAN Group has formed a partnership with iAccel Gulf Business Incubator, a Dubai-based SME accelerator, to offer Middle Eastern investors the opportunity to investigate and engage in the Indian startup ecosystem. This partnership also facilitates the expansion of Indian startups' operations in the UAE.

The partnership between IAN and IAN is designed to attract investment opportunities and mentorship in India's entrepreneurial landscape by providing access to IAN's diverse portfolio of entrepreneurs.

Read also - Prosus Writes Off Its Stake in BYJU’S, Marking $493 Mn in Loss

The partnership between iAccel GBI and IAN will facilitate the exchange of opportunities between India and the UAE. The collaboration is designed to establish a dynamic ecosystem that facilitates the growth of Indian businesses in the UAE and beyond by utilizing their combined resources, networks, and expertise. Essential tools, invaluable mentorship, and market access will be provided to startups, guaranteeing their survival and success in this dynamic region and across global markets.

IAN's expansion of its Angel platform and the IAN Alpha Fund to the Middle East is consistent with this.

Saurabh Srivastava, Chairman of the IAN Group, said:  “We are delighted to announce our partnership with iAccel Gulf Business Incubator, through which we will work together to drive innovation and entrepreneurship across borders.  This aligns perfectly with the vision behind the Comprehensive Economic Partnership Agreement (CEPA) between India and the UAE which has significantly strengthened business relations between our two nations”.

Dr. Vivek Mansingh, Chairman of the Advisory Board at iAccel Gulf Business Incubator, said:  “This strategic partnership between iAccel GBI and IAN, among other opportunities, paves the way for UAE capital to be invested in promising Indian startups, thereby creating a synergistic bridge between the two economies. It also offers unparalleled prospects for Indian startups to expand their operations in the UAE, aligning with the UAE's D33 agenda which aims to double the size of the economy and enhance global competitiveness. By fostering innovation and entrepreneurship, this collaboration not only supports the UAE's vision of becoming a global hub for business but also accelerates the growth trajectory of Indian startups, contributing to a mutually beneficial economic landscape.”

About IAN Group

Founded in 2006 by Saurabh Srivastava, Indian Angel Network is Asia’s largest network of Angel investors keen to invest in early stage businesses, which have potential to create disproportionate value.

Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:

Startup Success Stories: Discover inspiring tales of startups overcoming challenges and achieving success.

Funding Startup News: Stay updated with the latest news and trends in startup funding and investment.

Startup Insights: Dive into in-depth analyses of various industries and market trends to make informed business decisions.