On July 22nd, 2023, a groundbreaking event on innovation and Intellectual Property Rights (IPRs) was organized by GITAM College in collaboration with AKAM-RBSM/NIPF, an initiative supported by the Government of India. The event aimed to foster a culture of innovation, create awareness about IPRs, and encourage collaboration between academia, industry, and the government to drive technological advancements in the country. The event was graced by two distinguished and esteemed personalities as chief guests: Dr. T. Pavan Kumar and Dr. D. S. Rao. Both are renowned figures in the fields of technology and intellectual property and have made significant contributions to India’s innovation ecosystem. Dr. T. Pavan Kumar, with his expertise in technology and innovation, has been a driving force behind various entrepreneurial ventures and has served as a mentor to countless startups. Dr. D. S. Rao, on the other hand, is a stalwart in the domain of intellectual property rights. He has played a pivotal role in shaping policies and frameworks that safeguard intellectual property, encouraging inventors and creators to protect their work and ideas. His guidance at the event shed light on the significance of IPRs in promoting innovation and the need for effective collaboration between stakeholders.