Paragise Private Limited operates UniversityTech.io, an AI-driven platform that simplifies and accelerates the commercialization of university intellectual property by connecting academic research with industry partners.
Paragise Private Limited, based in Mumbai, operates the platform UniversityTech.io, which is designed to streamline the technology transfer process between academic institutions and industry. The company offers a core product called Cosmos, an AI-powered search and matching engine that helps businesses and investors discover licensable intellectual property (IP). By aggregating university research and applying AI to generate professional and R&D summaries, the platform aims to reduce the friction in marketing, discovering, and commercializing academic innovations. The company is incubated at the Society for Innovation and Entrepreneurship (SINE) at IIT Bombay and maintains a global presence with advisory board members across India, the UK, and the UAE.
This service addresses the challenge of research remaining stuck in laboratory settings by providing a concierge platform that connects industry partners with academic technology. The platform has successfully facilitated connections across various sectors, such as linking engineering firms with research in wastewater treatment and nutraceutical projects. By focusing on partnership-driven growth in markets including the US, UK, Germany, India, and Malaysia, Paragise Private Limited intends to support national and global R&D initiatives, effectively bridging the gap between research output and industrial application. It actively collaborates with institutions like IIT Bombay to promote and market their IP portfolios to relevant industry stakeholders.