Objective and Scope:

The client, a leading FMCG firm, planned to accelerate innovation in India through collaborations with academia, start-ups, and small and medium-sized enterprises (SMEs), particularly in the areas of interest related to sustainability, digitalization, and ingredients. They sought Benori’s support to: 

• Identify technologies that possess distinctive and valuable strengths in India in the past two years
• Analyze market dynamics, technologies, products, collaborations, and partnerships for potential collaboration opportunities
• Scoping the current landscape for further development in specific fields

Approach:

We conducted secondary research, covering patents, scientific literature, clinical trials, products (with or without scientific evidence), and news sources to identify relevant technologies. The findings were further examined to derive insights into their claims, potential applications, research popularity, technology readiness level (TRL), and partnerships.

Impact:

The research helped the client to:

• Identify key companies, academic projects, and SMEs fit for potential collaboration based on the client's area of interest through their technological offerings
• Identify the companies’ TRL by classifying them as conceptual stage, development stage, or commercial stage projects