The bi-annual programme called Sanabil Accelerator by Orbit will focus on key sectors, including fintech, healthcare, e-commerce, mobility and logistics. Each batch will consist of 10-15 startups either from the MENA region, or those looking to expand in the region, including those from India."Partnering with Orbit, we are committed to empowering early-stage startups across diverse sectors including technology, healthcare, web3 and mobility," said a spokesperson at Sanabil Investments, a financial investment company wholly owned by the sovereign wealth fund of Saudi Arabia - the Public Investment Fund (PIF).Startups selected for the accelerator will receive an initial investment of $100,000 and will have access to follow-on funding in addition to a four-month programme focused on sales, marketing, and product development. Startups will participate in an in-person market orientation in Riyadh and receive hands-on support from Orbit's network of partners, mentors and investors.

Orbit, Sanabil Launch Startups' Accelerator

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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which gives digital readers unlimited access to 9,000+ magazines and newspapers for a monthly subscription price. Magzter also has the largest number of stories in the world with its game-changing ezRead 2.0 feature for its apps, which enables smartphone and small-screen mobile users to enjoy magazine content the way it was meant to be enjoyed, with article text that is easy to read and is accompanied by stunning videos and high resolution photography.

{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.