Indian Startup’s Patent Application faces opposition by Margento

Margento, a globally known provider of mobile transaction solutions made this month a concerning phase for a Bengaluru-based Indian Startup – ToneTog by filing a patent opposition against their DOV (data-over-voice) technology application.

Fintech startup ToneTag who filed the patent application was founded in the year 2013 by Kumar Abhishek. However, later, it had been allotted to Naffa Innovations Pvt Ltd which was known as its parent company. Controller of Patents, Kolkata is the authority under which this matter had been kept.

Margento came up with the opposition chiefly on the basis that the inventions are not patentable with a view to earlier published documents, encompassing two already granted patents of Margento.

The granted patents of Margento pertain to wireless mobile transaction solutions through a safe transfer of data-over-sound amid payment terminal and mobile device without using any connectivity sources like Bluetooth, Internet Connection, Wi-Fi, etc.

The previous publications revealing information on two patents of Margento put light on protected data transfer amidst two devices. They gave out the statistics that the confidential data including financial transactions and others travel via sound waves securely, and therefore, made this invention patentable.

The similar earlier publications also provided statistics regarding a system that sounds patentable as it establishes secure communication among multiple devices via utilizing audio frequency and without involving internet connection. Continuing further, Margento added that the applicant failed to fulfil the criteria set out under Section 8 of Patent Act, 1970, as they did not provide the appropriate details about corresponding patent applications pertaining to the same inventions, filed outside India on a timely basis. Thus, reflecting a deliberate suppression of material particulars on part of the applicant. For more visit: https://www.kashishipr.com/