Celebrating 20 Years of IP Excellence



The recent buzz around Non-Fungible Tokens (or NFTs) can be attributed to the sale of memes, photos, digital artwork and other audio-visual assets for millions of dollars. Not long ago, the CEO of Twitter, Jack Dorsey, sold the first-ever published tweet as an NFT for a whopping USD 2.9 million, while the renowned 'Disaster Girl' meme was sold as an NFT for about USD 500,000. The term 'Non-fungible' primarily refers to the novel and non-replaceable nature of a material. For instance,…

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Free Session on Patent Licensing and Commercialization

Free Session on Patent Licensing and Commercialization by BananaIP and K-Tech CoE Data Science & AI – NASSCOM

The Certificate MasterClass on Intellectual Property has now reached the last phase. The final session scheduled on 17th June, 2021 (Thursday) will focus on making money, and gaining value out of patents. It will cover patent valuation, licensing and commercialization. You may register for the upcoming session for free here Patent Valuation, Licensing and Commercialization It is important for businesses, especially startups and SMEs, to understand how commercializing patents works, and what options are available. The legal framework, albeit minimal, is…

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India and foreign patent news

Weekly Patent News Bulletin: Qualcomm and L.G Electronics sign patent license agreement, New Balance sues Nautica and more

Patent News Headlines: Kochi based incubation center Maker Village wins 'Incubation Center of the Year' award, Famed Shoemaker, New Balance alleges design infringement by well known lifestyle brand Nautica, Qualcomm and L.G Electronics sign new patent license agreement, Hytera’s Motion to Dismiss patent infringement suit fails in US Court and more patent news. India Patent News Updates IPPOF awards Maker Village for being an outstanding incubation center in the field of Intellectual Property The IP Promotion Outreach Foundation (IPPOF)…

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Indian Patent Statistics Interesting Inventions, Patent Dispute Settlement, Patent License Agreement and more

Patent News Bulletin: Indian Patent Statistics, Indian Design Statistics, Interesting Inventions, Sony & Fujifilm settle patent dispute, OPPO signs patent license agreements with Intel and Ericsson and more” presented to you by the Patent attorneys and experts of BananaIP Counsels, India’s leading Patent Firm. Indian Patent Statistics A total of 1360 patent applications have been published in the 32nd issue of the Patent Journal, 2019. Out of the 1360 applications published in the journal, 158 applications account for early publications…

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Patent Claims x

Patent trolls – Lesson No. 1

  Patent trolls are organizations that aggressively defend patent libraries without manufacturing products of their own, which is why they are often referred to as Non Practicing Entities (NPEs) or Patent Assertion Entities (PAEs). These NPEs hardly contribute to research and development through innovation since they are rarely the original innovators. Moreover, the NPEs own patent libraries by buying inventions and patents cheaply from individual inventors and small entities who are not seeking to enforce them and licence the acquired patent…

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