Lava hopes to file 100 mobile app patents in three years

Advertisement
By Press Trust of India | Updated: 24 December 2012 13:23 IST
Indian mobile devices company Lava International hopes to file 100 patents for mobile applications in the field of education, entertainment and productivity over next 2 to 3 years.

"We have realised that just by selling handsets it is not possible to maintain growth momentum. Innovation in product is key to survival. Our wishlist is to make a century of patents in the next 2 to 3 years," Lava International Co-founder and Director SN Rai told PTI.

The company has plans to grow its revenue from around Rs. 1,000 crore at present to Rs. 1,400 crore in the next financial year, he added.

Elaborating on company's plan for patents, Rai said, Lava has earmarked around Rs. 50 crore investments during the ongoing financial year and it will focus on patenting algorithms and application concepts.

Advertisement

Algorithm is a step-by-step procedure for calculations used for data processing and automated reasoning among others.

Advertisement

"We have already filed two patents for algorithms but have not been granted yet. Lava recently launched music fusion application which can play music and video in any format. We want to have an IPR (Intellectual Property Right) for the algorithm of this application," Rai said. Rai said, the company is doubling up capacity at its research and development centres in India and China.

Without disclosing actual numbers, he said, "This will be both in terms of headcount, facility and application development."

Advertisement

Lava has also formed a consortium with publisher Tata McGraw Hill and tablet PC based digital learning firm iProf for developing educational content.

"This consortium will invest around Rs. 25 crore in the next 2 to 3 years for digitalisation of Indian content like fairy tales, mythological stories etc," he said.

Advertisement

The company also has plans to enter into enterprise segment by integrating softwares that are used for businesses and talks are at an initial stage, Rai added.

"In our solution, we will start mainly by focusing on secure communication like e-mail security. Simultaneously, we will start working on productivity software like ERP (Enterprise Resource Planning) and others," Rai said.

The company recently expanded its devices portfolio from mobile phones to tablets and claims selling around 25 thousand tablets per month.

"This is just to test the market. We are working on massive plans to revamp our tablet portfolio. At present, we are in the planning stage," he said.

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Lava, Lava mobiles, iProf, mobiles
Advertisement

Related Stories

Popular Mobile Brands
  1. Xiaomi 17 Ultra With 200-Megapixel Rear Camera Launched at This Price
  2. Xiaomi 17 Ultra Launching Today: All You Need to Know
  3. South Korean Startup Innospace Fails on First Orbital Launch Attempt of Hanbit-Nano Rocket
  4. Warped galaxies reveal dark matter and hidden universe structure
  1. Xiaomi 17 Ultra Launched With Snapdragon 8 Elite Gen 5 SoC, Leica-Tuned 200-Megapixel Camera: Price, Features
  2. Astrophysicists Map Invisible Universe Using Warped Galaxies to Reveal Dark Matter
  3. Why Venus Is the Brightest Morning Star Visible From Earth
  4. Oppo Pad Air 5 Launched With 10,050mAh Battery, 12.1-Inch Display: Price, Specifications
  5. Dracula: A Love Tale Now Available For Streaming Online: What You Need to About its Plot, Cast, and More
  6. Xiaomi 17 Ultra Launching Today: Know Price, Features, Specifications and More
  7. South Korean Startup Innospace Fails on First Orbital Launch Attempt of Hanbit-Nano Rocket
  8. Failing Starlink Satellite Photographed in Orbit Before Fiery Reentry
  9. Russia Patents Rotating Space Station Concept to Generate Artificial Gravity in Orbit
  10. Interstellar Comet 3I/ATLAS Shows Wobbling Jets in Rare Sun-Facing Tail, Surprising Astronomers
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.