Alacrity India startup fund has been launched in collaboration with Ideas to Impact and will invest in B2B SaaS startups. With a principal amount of $10 million, the startup fund will use the B2B SaaS business model to invest in Indian technology companies and help in substantial growth. The Alacrity India startup fund is looking for groundbreaking business ideas that can be supported to create a huge influential impact with upcoming startup companies.




Alacrity India Startup Fund


Serial high-tech entrepreneur and Welsh-Canadian business magnate Sir Terry Matthews, who is Chairman of Canada-based investment management firm Wesley Clover International, has launched the Alacrity India startup fund in collaboration with Pune-based Ideas to Impacts to promote innovative business ideas that can create significant positive impact. With a prime focus on funding Indian startups, Alacrity India is part of the Alacrity setup to support and scale startups from around the world.


Alacrity India Startup Fund Highlights
  • Importing proven Alacrity Global B2B SaaS incubation and acceleration programmes to India.
  • Creating a Venture Capital fund corpus of $10 million USD, with investors including Wesley Clover, Ideas to Impacts, angel groups from India, and Indian industrialists and corporates.
  • Offering technology licensing relationship opportunities within the Wesley Clover and Alacrity Global portfolio of companies to accelerate time-to-revenue and reduce technology risks.
  • Establishing partnerships with leading engineering colleges from India’s Tier II and Tier III cities to identify entrepreneurial talent and help nurture them into the next generation of technology business leaders.
  • The fund will be based out a 13,000 square foot headquarters and incubator/accelerator office space in Pune.
  • Over the next five years, Alacrity India plans to support and mentor more than 30 start-ups.



What Are We Looking For in Startups?


Over the next five years, Alacrity India is targeting to support and mentor more than 30 startups in the B2B SaaS space in India. Alacrity India will enable early-stage startups to address these challenges with our expertise in scaling up technology businesses. The Indian startup ecosystem will be strengthened by our sourcing of diverse problems and entrepreneurs from Tier II and Tier III cities. The fund plans to bridge the gap for entrepreneurs to rise up to technology and business challenges.

The Alacrity India startup fund plans to provide Seed funding for idea-stage and accelerator-stage startups, with investments reaching up to $750,000. It will also import proven Alacrity Global B2B SaaS incubation and acceleration programmes to India and offer technology licensing relationship opportunities within the Wesley Clover and Alacrity Global portfolio of companies to accelerate time-to-revenue and reduce technology risks.



We are Investor Partner in following Startups:

  • Document Management Solution (DMS) which aims to bridge the Digital and Physical warehouse.
  • They have set up secure, reliable near shore warehouses to store paper records, digital media and other business-critical information documents.
  • Android App to send Meet requests to anyone in your phone book.
  • App helps user by sending reminders of meet, chat messages and enabling finding out locations of each member.
  • • Internet Service provider which operates from first small town centre providing cost effective high bandwidth internet access to near shore small town users.
  • FlytOS is a framework for building high-level drone applications. It is based on Linux and ROS (Robot Operating System) making it an ideal platform for research and commercial drone applications
  • The vision of FlytOS is to provide a standardised and scalable platform that is drone agnostic, has a solid foundation and simplifies development of commercial drone applications.