Ola Group, spanning ride-hailing, electrical autos, and AI, now holds over 50% of all patents filed by India’s 117 unicorns.
India’s unicorns collectively maintain solely 229 patents, with Ola Group proudly owning greater than half, in accordance to knowledge from the Indian Patent Advanced Search (IPAS) System.
In a current put up on X (previously Twitter), Ola Founder Bhavish Aggarwal shared, “Happy that Ola group @OlaElectric @Olacabs and @Krutrim have half of all granted patents for all Indian unicorns put together. Not happy with our number of 650 applied patents though. We will accelerate much much more in coming years!”
Sources shut to Ola confirmed that the group has filed over 650 patent functions, with 180 already granted. This consists of filings by Ola Electric, Ola Consumer, and Krutrim, with Ola Electric accounting for the lion’s share of about 70-80% of the full.
The report reveals that 101 of India’s unicorns have filed zero patents, spotlighting a heavy tilt in the startup ecosystem towards valuation and market seize relatively than know-how creation.
In this context, Ola Group’s IP portfolio stands out for example of deep-tech dedication. Ola Electric, the EV arm, filed 205 patents in FY23 alone, making it India’s prime patent filer in the electrical automobile sector. These patents span battery innovation, automobile software program, AI, security programs, and extra.
In FY23 alone, Ola Electric invested ₹507 crore in R&D, representing 19.3% of its annual income, a pointy rise from ₹175 crore the earlier 12 months. The firm is about to additional ramp up innovation spending, earmarking ₹1,600 crore for R&D between FY25 and FY27.
As said in its IPO prospectus, “R&D and technology form the backbone of our business model.”
The group’s filings additionally prolong globally, with patents granted and pending in the U.S., U.Okay., Japan, China, and Australia, positioning Ola as a worldwide tech-driven firm.
Published – April 23, 2025 10:58 pm IST
