Lalit Ambastha

About Lalit Ambastha

Mr. Lalit Ambastha is an accomplished Intellectual Property Attorney with over 20 years of extensive experience in IP Law, Licensing, Valuation, and Technology Transfer. He has consistently made significant contributions in shaping India’s IP ecosystem through his work in IP Prosecution, Licensing negotiations, IP Valuation, Technology Transfer, and IP-driven ecosystem development.Recognized as a thought leader and speaker under the Ministry of MSME, Govt. of India, Lalit also serves as guest faculty at leading institutions including the University of Strasbourg, IIT-Guwahati, NIFT, NIT-Patna, IIT-Bhilai, and Jamia Hamdard, where he mentors students and researchers on transforming ideas into commercially viable technologies.As the Founder of Patentwire and Co-Founder of IP Bazzaar, Lalit has played a pioneering role in bridging the gap between Industry and Academia. He has established platforms that empower universities, startups, and research institutions with tools for technology commercialization, industry collaborations, IP-led incubation, and innovation-driven partnerships. His expertise in licensing frameworks and valuation models has facilitated successful collaborations, enabling innovators to monetize their intellectual assets while providing industries with cutting-edge technologies.Beyond patents, Lalit has been actively engaged in the upliftment of Geographical Indications (GIs), focusing on transitioning artisans and heritage-based products from legacy to prosperity. By developing evaluation metrics, promoting post-registration activities, and aligning GIs with market access, branding, and anti-counterfeit measures, he has contributed to strengthening the socio-economic fabric of India’s cultural economy.His clientele includes reputed organizations such as DMRC, GMR, IITs, Novartis, Viber, IKEA, and Attero, covering a wide array of sectors including General Utility, Chemical, Medical, Immunological, Biochemical, Herbal, Agricultural, Biotechnological, Pharmaceuticals, Mechanicals, IT, and Electronics. With this broad domain exposure, Lalit has developed a rare ability to translate legal protection into economic growth, ensuring IP serves as a strategic asset rather than just a legal safeguard.

Experience

1. Co Founder

   Ip Bazzaar

   Oct 2010 — Present

Education

• Jamia Hamdard

  M.Sc, Toxicology

  2003 — 2005

• Magadh University

  Bachelor's degree, Chemistry (Hons.)

  2003

• All India Institute of Medical Sciences

  Microbiology and Immunology

  2005 — 2005

• International Association for Sustainable Economy

  INTERNATIONAL SUSTAINABLE BUSINESS ADVISOR, ESG

• INTERNATIONAL BUSINESS VALUERS ASSOCIATION

  50 Hours Educational Course of Securities or Financial Asset Class, Indian Valuation

• CCS (Chaudhary Charan Singh)University

  Bachelor of Laws (LL.B)

  2010 — 2013

• Netvision

  Diploma in Embedded Web Technology, Computer Systems Networking and Telecommunications

  2000

• Certified Licensing Professionals, Inc.

  Certified Licensing Professionals, , CLP

  2020 — 2020

Skills

• Freedom to Operate Analysis
• Trademarks
• Intellectual Asset Management
• Patents
• Prior Art Search
• Delphion
• Pharmaceutical Industry
• Registered Patent Attorney
• Unfair Competition
• Copyright Law
• Domain Names
• Patent Litigation
• Trade Secrets
• Stn
• Technology Transfer
• Patent Prosecution
• Analysis
• Prosecution
• Databases
• IT Law
• Patent Searching
• Novelty Search
• Patentability
• Patentability Searches
• Biotechnology
• Trademark Infringement
• Patent Applications
• Intellectual Property Valuation
• Immunology
• Opposition
• Fto
• Software Licensing
• Licensing
• Commercialization
• Cyberlaw
• Litigation Support
• Epo
• Lifesciences
• Legal Opinions
• Chemistry