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Importance of IP For Start-ups and Entrepreneurs (Part VII): Raising Funds from VCs and Investors in India

The post below has been previously published on 9th December, 2014. Besides minor dated references, the post gives a basic understanding of how start-ups can raise funds and get investments from venture capitals and other investors, through their intellectual assets. Funding activities during the last quarter, especially when it comes to start ups, was great! Apart from the US$ 1 Billion Fundraising by Flipkart, India saw several start ups being funded at various levels. A Report indicates 93 deals…

BananaIP Reporter Intellectual Property, IP for Start Ups August 27, 2015 808Views 0Like

IP for Start-ups and Entrepreneurs - Part 6 - IP Risks

Importance of IP For Start-ups and Entrepreneurs (Part VI): IP Risks

More often than not, start-ups focus on protecting their intellectual property, but ignore risks from intellectual property of third parties. IP of third parties may kill a business if appropriate risk clearance measures are not taken at the right time. While protecting IP is very important for start-ups and entrepreneurs, avoiding or mitigating risks from IP of third parties is even more important. A start-up company must take necessary steps to avoid the risk of infringing IP of third parties.…

BananaIP Reporter Intellectual Property, IP for Start Ups August 26, 2015 773Views 0Like

The featured image is of the Lion Capital which consists of the Ashoka Chakra, with a horse and bull on either sides, and an hoisted Indian flag below it. The Lion Capital is the national emblem of India. The image is related to the post as it is a part of the Sinapse Series"Intellectual Property (IP) in India: A Decade of Progress". To read the post click here.

Intellectual Property (IP) in India: A Decade of Progress Part 10

The post below highlights the achievements of the Traditional Knowledge Digital Library or TKDL in the previous decade. 20 years ago, two patents pushed the Indian government into a full panic mode. These two patents were none other than the infamous Turmeric and Neem patents. In 1995, Suman K. Das and Hari Har P. Cohly were granted a US patent on ‘Use of Turmeric in Wound Healing’, and in the same year, WR Grace was granted a patent for neem-based bio…

BananaIP Reporter Intellectual Property, Traditional Knowledge August 26, 2015 762Views 0Like

Importance of IP For Start-ups and Entrepreneurs (Part V): Copyrights

Copyright protects ideas expressed on a tangible form. The expression may be in the form of literary work like website content, brochure content etc, photographic work such as pictures used on website, brochures, etc, artistic work like layout of website, drawings, etc, cinematographic work such as promotional videos, support videos, etc, and so on. Protection of copyrights provides several business and competitive advantages to startups and entrepreneurs. A startup company must protect its marketing materials, documents, websites and so on…

BananaIP Reporter Intellectual Property, IP for Start Ups August 25, 2015 689Views 0Like

Clash of the Titans: Tata Indigo vs. Indigo Airlines, the trademark saga continues

Recently the Times of India reported that IndiGo Airlines, one of the premier airline companies operating from India, with more than 100 flights daily, had landed in a trademark dispute with Tata Motors, another automobile giant and proprietors of the car TATA INDIGO. It is interesting to note that although Inter Globe (Prorpietors of IndiGo Airlines) and Tata Motors have been disputing for the past ten years, before the Indian Trademark Office, the news of the existence of such a dispute has…

BananaIP Reporter Intellectual Property, Trademarks August 25, 2015 1425Views 0Like

IP, Patents for Start-ups and Entrepreneurs III – Patents -

IP, Patents for Start-ups and Entrepreneurs IV – Trade Secrets and Confidential Information

Confidential Information is any information that has business or economic value because it is not known to others, and for which, appropriate measures are taken to protect secrecy. It can be any sort of information that fits into the said requirements. Business information, financial information, technical information, scientific information, plans, methods, client lists, designs, and any other such information that has economic value is protectable as confidential information, or trade secret. Protection of trade secrets and confidential information of a…

BananaIP Reporter Intellectual Property, IP for Start Ups, Trade Secrets August 24, 2015 770Views 0Like

India Claims Patents

Council of Scientific and Industrial Research (CSIR) armed with the Traditional Knowledge Digital Library (TKDL) appears to be on a rampage like an unstoppable juggernaut, successfully foiling bid after bid, made by companies seeking to patent traditional knowledge. Few weeks ago, the media was abuzz with news that CSIR had successfully foiled a bid by Colgate-Palmolive to patent a Mouthwash formula containing “nutmeg”. This successful thwarting of the patent was soon followed by another victory when India foiled UK's Bid…

BananaIP Reporter Intellectual Property August 22, 2015 857Views 0Like

IP, Patents for Start-ups and Entrepreneurs III – Patents

For a technology driven start-up or entrepreneur, patents form the most important intellectual assets. They provide the necessary exclusivity, and competitive advantage to start, build and grow the business. Patents are also considered as important assets by venture capitalists and investors before making investment decisions. So, every technology driven start-up must ensure that its technologies/inventions are properly protected under the patent regime. Once a decision on patent protection is made, the start-up company must file a patent application as soon…

BananaIP Reporter Intellectual Property, IP for Start Ups August 21, 2015 840Views 0Like

Intellectual Property (IP) in India: A Decade of Progress Part 9

The post below gives statistical information about the number of patent applications filed and granted under various fields of invention, in the past decade. On the whole, a consistent rise has been seen with respect to the number of patent applications filed. The number of applications filed under the Chemical, Electrical, Mechanical fields show a considerable upsurge, while the number of applications filed in fields like bio-technology and food has plunged. During the year 2008-2009, a total number of 16,061…

BananaIP Reporter Intellectual Property, Patents August 20, 2015 765Views 0Like

Importance of IP for Start-ups and Entrepreneurs (Part II): Trademarks

Choosing the right name/business representation word, logo, device or any other form of business representation is generally the first asset created by an entrepreneur, Often, entrepreneurs finalize on a name or logo and develop strong emotional attachment to it without proper research. While it is important to be passionate about the business and its representation, every entrepreneur must take the following steps before finalizing on a business representation: Ensure that the name, logo or any other representation shortlisted is capable…

BananaIP Reporter Intellectual Property, IP for Start Ups, Trademarks August 19, 2015 796Views 0Like

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