ADVERTISEMENT

Blackberry Partners Fund To Launch In India

Handset provider Research In Motion has announced its plans to launch the Blackberry Partners Fund in India. According to a Business Line report, the firm has communicated the same to the Indian IT & Communications department.

Set up in 2008, the Blackberry Partners Fund is a joint venture by RIM, Thomson Reuters, Royal Bank of Canada and other investors. Portfolio companies of the fund include network as a service provider Aepona; location-sensitive entertainment listings service Buzzd; mcommerce platform Digby; mobile business intelligence provider Neralitic Systems; mobile advertising solutions developer Nexage; mobile payment firm Payfone; app store Pocketgear.com; social gaming firm Socialdeck; mobile video ads provider Transpera; Viewdle which offers a facial recognition algorithm for mobiles and desktops and a travel app called Worldmate.

The fund will offer seed and venture capital to entrepreneurs specifically targeted at

the mobile sector. Interestingly, it claims it is device, platform and stage agnostic.

Share this Post

Comment(s)

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT