Jul 29, 2020

Mumbai-based Legal Software-as-a-service startup, IPHawk’s founder Pranab Salian and co-founder Gaurav Shetty presented their solution to several well-known entrepreneurs and angel investors and received the spot-funding of $40k. This investment is in a private capacity by TiE Angels including serial entrepreneur-turned investor Sanjay Mehta, Dewang Narella of Atom Technologies, Anjali Bansal of TPG Private Equity, and Pravin Gandhi of Seedfund. ADVERTISEMENT On the investment, Pranab Salian, Founder, IPHawk said: Every responsible business today with a brand or even a website and domain name needs a plan to safeguard their Intellectual Property, just like they need insurance and anti virus software. IPHawk’s platform provides a first line of defense for businesses around the world to protect their IP assets like brands and trademarks, avoiding needless delays and expensive litigation IPHawk is an Indian startup in the space that aims to be the legal first-responder to small and mid-sized enterprises with an infringed trademark or copyright. The company’s technology uses artificial intelligence to identify infringing usage of Intellectual Property (IP), using numerous metadata signals like the reputation and history of the publisher. On the development, Gaurav Shetty, Co-founder, IPHawk said: The Indus Entrepreneurs (TiE) plays a key role in fostering Mumbai’s startup ecosystem. We are grateful to TiE members for creating the opportunity for startups to access experienced mentors and capital at one event The company’s personalized assessment gives you a keen eye view of the IP Risks faced by your specific brand name, trademark, character, or keyword. Furthermore, this report is generated by scanning over 1000 common infringement venues for client’s keyword and also benchmarks the client’s IP Risk with other organization in your industry. The custom report generated can be used as a starting point to categorize and prioritize client’s IP risk, as the first step consequently optimizing client’s Intellectual Property Protection across the internet. The USP of the company’s solution is the ability to autonomously respond to infringers and initiate the content removal process or other legally appropriate action. The company is planning to use the funds to improve their product and develop new features based on early customers feedback. The startup will also benefit from having these experienced investors as mentors who can open future doors for the company. Share this: