With the vision of offering high quality, technology, and business driven IP law services following international standards, Dr. Kalyan Kankanala co-founded BananaIP Counsels (formerly Brain League) in 2004. The firm incubated from IIMB’s entrepreneurship cell (NSRCEL) and has today emerged as a top ranked and premier IP firm in India. In the last decade and a half, BananaIP has established itself as a pioneer in the evolution of IP in India through high quality services, law and policy contributions, highly cited publications, and proactive technology integration.
With a team of more than 60 legal and technical professionals, BananaIP is one of the largest pureplay IP firms in India today. It has served more than 600 clients, managed more than 20,000 files or projects, and counselled more than 200 start-ups and individual entrepreneurs. In addition to client services, it has also been the private sector leader in IP knowledge creation and dissemination through ten published IP books and more than 5,000 articles in leading online forums, journals, and magazines. Its home IP publication, Intellepedia (formerly Sinapse), is recognized as one of the world’s top 10 IP blogs and is a primary reference source for inhouse counsels, legal professionals, and academics.
From the nascent days of IP in the country, BananaIP has collaborated with premier organisations including: National Law School of India University (NLSIU), Indian Institute of Management, Bangalore (IIMB), and the United Nations Industrial Development Organization (UNIDO) on corporate and SME education and policy setting to develop and drive IP awareness for businesses across the country. Being one of the rare firms to have been entrusted with such responsibilities, BananaIP continues to be a sought-after advisor by leading businesses, academic, and R&D institutions, as well as business incubators. The senior partners of the firm have over the years contributed to research projects undertaken by the World Intellectual Property Organization (WIPO) as well as the Indian Patent Office (IPO).
Well recognized for their work and accomplishments, BananaIP’s senior partners are frequently invited to speak at corporate, government and industry organizations, and academic institutions. BananaIP’s senior partners are also advisory and steering committee members on several centres of excellence that play an important role in law and policy making in India such as the Centre for Excellence in IP and Standards, Centre of Sports and Entertainment Law, and Centre of IP Research and Advocacy. Because of their subject matter expertise, the senior partners are frequently cited on IP topics in publications including: The Hindu, Indian Express, DNA, Telegraph, Economic Times, and Forbes. They are also routinely invited by leading journals and magazines such as IEEE, JIPR, JSEL, and PharmaWorld to contribute IP articles from the practicing attorney’s perspective.
Clients make or break the business and BananaIP has been lucky to have worked with and continue to do so with some of the leading Indian and multinational organizations. Clients such as Mahindra & Mahindra, Eureka Forbes, Samsung, Sun Mobility, Ver Se, Connexios, Yash Raj Films, and Peps have entrusted BananaIP to help establish themselves as IP leaders. Clients choose to work with BananaIP because of its ability to merge their current needs with advancements in law, policy, business and technology. Many of these clients have been with BananaIP since its inception, and this longevity is testament to their trust and value in the firm’s work. And as their business needs have evolved, so too has BananaIP’s approach to meet those needs through pertinent services.
Speaking about BananaIP’s success, the firm’s advisors and clients said, “BananaIP must continue doing what it is doing, it must continue to lead the IP evolution in India from the front, it must continue to stay ethical, and fair, and honest, and it must continue to put client’s business interests first. If the firm builds on what it has done so far, it is bound to significantly transform the intellectual property services sector in India.” In the coming years, BananaIP plans to lead the way in developing expertise and legal services in emerging areas such as AI, data analytics, e-commerce, and digital content. The firm plans to expand its team of partners and bring super speciality into IP services in India. Through its contributions, the firm wishes to set new standards for IP protection, management and commercialization in the country.
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