Blackberry Partners fund to launch in India

The fund was established in 2008 in collaboration with Research In Motion, Thomson Reuters, Royal Bank of Canada and a roster of high profile investors. The fund is device, platform and stage agnostic and has an investment footprint throughout the United States and in Canada, the United Kingdom and Israel. Now according to a Business Line report, the firm has communicated the same to the Indian IT & Communications department.

“BlackBerry supports Indian Government policies to promote affordable accessibility to wireless mobility through efficient use of wireless spectrum; powerful, affordable and longer battery life smartphones and spectrally efficient and lower royalty wireless standards like evolved EDGE.” – Kapil Sibal, the Indian Communications and IT minister

More about Blackberry Pernters Fund >>

About BlackBerry Partners Fund

The BlackBerry Partners Fund is a $150 million venture capital fund being formed to focus on applications and services for the BlackBerry platform and other mobile platforms, including mobile commerce (payments, advertising, retailing and banking), vertical and horizontal enterprise applications, communications, social networking, location-based services (navigation and mapping), media and entertainment, and lifestyle and personal productivity applications. The Fund will consider all stages of development and is being co-managed by JLA Ventures and RBC Ventures Partners. To sign up to receive further information visit:

About Research In Motion

Research In Motion is a leading designer, manufacturer and marketer of innovative wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services that support multiple wireless network standards, RIM provides platforms and solutions for seamless access to time-sensitive information including email, phone, SMS messaging, Internet and intranet-based applications. RIM technology also enables a broad array of third party developers and manufacturers to enhance their products and services with wireless connectivity to data. RIM’s portfolio of award-winning products, services and embedded technologies are used by thousands of organizations around the world and include the BlackBerry® wireless platform, the RIM Wireless Handheld™ product line, software development tools, radio-modems and software/hardware licensing agreements. Founded in 1984 and based in Waterloo, Ontario, RIM operates offices in North America, Europe and Asia Pacific. RIM is listed on the Nasdaq Stock Market (NASDAQ: RIMM) and the Toronto Stock Exchange (TSX: RIM). For more information, visit or

About RBC

Royal Bank of Canada (RY on TSX and NYSE) and its subsidiaries operate under the master brand name of RBC. We are Canada’s largest bank as measured by assets and market capitalization and one of North America’s leading diversified financial services companies. We provide personal and commercial banking, wealth management services, insurance, corporate and investment banking, and transaction processing services on a global basis. We employ approximately 70,000 full- and part-time employees who serve more than 15 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 36 other countries. For more information, please visit

About Thomson Reuters

Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, scientific, healthcare and media markets, powered by the world’s most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people in 93 countries. Thomson Reuters shares are listed on the New York Stock Exchange (NYSE: TRI); Toronto Stock Exchange (TSX: TRI); London Stock Exchange (LSE: TRIL); and Nasdaq (NASDAQ: TRIN). For more information, go to

About JLA Ventures

JLA Ventures, a private venture capital firm with offices in Toronto and Montreal, is a leading investor in technology companies at all stages of growth. Investors in JLA Venture funds, include; The Bank of Nova Scotia , BDC Capital, the Caisse de dépôt et placement du Québec, CIBC, Export Development Canada, FTQ (Federation des Travailleurs et Travailleuses du Quebec), National Bank Financial, Oak Hill Investment Management L.P., OMERS, RBC Capital Partners, TD Capital Private Equity Investors, and Teachers Private Capital, the private equity arm of the Ontario Teachers Pension Plan.

Raise your voice

This site uses Akismet to reduce spam. Learn how your comment data is processed.

GIPHY App Key not set. Please check settings

Written by Shahzoor Ali


Connect on LinkedIn

BlackBerry Style Gets into Indian CDMA Market

Frenny Bawa interviewed by NDTV Profit on BlackBerry & India hassle