IP valuation rules in works to boost funding; startups, MSMEs to benefit

India is eyeing a valuation framework for intellectual property to facilitate its financing through newer financial instruments.

The Department for Promotion of Industry and Internal Trade (DPIIT) is planning to devise a system of valuation of IP as an intangible asset, a move that will aid businesses especially micro, small and medium enterprises, and startups with valuable IP and seeking alternative sources of raising capital.