The Office of Intellectual Property & Technology Licensing (IP TeL) at IISc was established in 2004 to protect the intellectual property of IISc, including patents, copyrights, and trademarks. It also handles technology transfer and licensing. IP TeL files patents for innovations developed at IISc and licenses the technologies commercially. Between 2015-2016, IP TeL filed 43 patents, granted 2 patents, licensed 1 patent for Rs. 70 lakhs. Some examples of technologies licensed include a hybrid capacitor, an insecticide production process, and taxol/bactin production. IISc has been actively pursuing intellectual property protection since 1950, with its earliest patent application filed in 1950.