Inolyst believes-

India is a goldmine of untapped IP potential

India has long been recognized as a powerhouse of technological discovery and has the largest storehouse of scientists, technocrats, entrepreneurs. Many of the larger western corporations have set up their R&D units here to leverage the extensive Intellectual talent pool and drive their own economic performance.

India has been the largest exporter of ideas and intellectual property to a global industry hungry for innovation.

A disproportionate number of these inventions are the registered patents of individuals, small to medium-sized and Multinational companies. Indeed, India is truly unique and is a major contributor to the international IP landscape for western companies.

In most Western countries, patents with any real value are typically grabbed early by IP real estate tycoons of big corporations, leaving very little in private hands. In India , with its strong entrepreneurial ethos, the majority of hi-tech startups and companies have started to realize value of Intellectual property and how it could transform their businesses into a success story.

Inolyst is trying to solve-

The barriers and resource crunch

In less than a decade, from a mere handful of patent professionals, India has added many standard patent firms and an increasing number of Intellectual Property KPOs. The quality of searching and drafting of patents either for providing a meaningful insight into the patent space or for creating valuable intellectual property assets is beginning to get indistinguishable.

With these firms focused primarily on services related to basic level of patent search, patent drafting, and prosecution, not much attempt has been made to help inventors and organizations in India create intellectual property assets that are worth the effort. This is because intellectual property is viewed as an abstract and complicated asset. With the high costs of obtaining and maintaining a patent, Indian inventors and companies have been reluctant on implementing successful intellectual property strategy in their business model, compared to their western peers.

In most Indian companies, there is no focus on management of innovative breakthroughs. The R&D departments and the business units lack the expertise required in understanding and assessing the potential of ideas and processes to generate valuable intellectual property assets. The fact that a good Intellectual Property strategy with ample number of patents creates sustainable competitive advantage is still not fully recognized in India.


Inolyst is inspired and strives hard to fuel Indian innovation potential which is complemented by following facts:

• India ranks 4th in the world in terms of the number of scientists and engineers available.
• India produces approx 15000 PhD’s on annual basis.
• India is 3rd in the world for producing scientific journal publications per gross domestic product
(GDP). The other beings US & China.
• Approx 15 Indian companies are listed on NASDAQ – which is perhaps amongst the top 5
countries other than US companies.
• John. F. Welch once said, GE gets the highest intellectual capital per dollar here in India.
• Indian scientist Narinder Singh Kapany is called the “Father of optics” whose research on the glass
fiber with cladding lead to the invention of Optical fiber.
• Radio was originally invented in India by JC Bose but he never patented it.
• Molecular biophysics was developed in India.
• The revolutionary 2000$ passenger dream car was developed by Tata Motors an Indian company
who also has approx 37 patents filed for their design and technology.
• India’s first software product success- Zoho has been acknowledged as a better application than
the Google docs.
• GE has selected India as one of its important Innovation hubs for designing low cost technologies
and its latest aero engine was designed here.
• Indian company- Sloka created a base station for telecom towers that are 10 times cheaper than
traditional technologies available elsewhere.
• Intel’s breakthrough Xeon 7400 series microprocessor was completely developed in India.
• Microsoft Indian R&D unit has filed more than 800 patents.
• More than 100 global Fortune 500 companies have set up their R&D units in India amongst whom
few are focusing on creating next generation technologies ,some of whom are -Motorola, GE,
Cisco, Intel, Microsoft and HP.
• India is only after US and Israel to have the biggest startup community.