US Patent Issued to FLIPKART INTERNET on Nov. 4 for "System and method for determining a competitiveness value" (Indian, Israeli Inventors)

ALEXANDRIA, Va., Nov. 6 -- United States Patent no. 12,462,286, issued on Nov. 4, was assigned to FLIPKART INTERNET PRIVATE Ltd. (Bengaluru, India).

"System and method for determining a competitiveness value" was invented by Shivam Goyal (Guna, India), Shyam Beriwal (Bangalore, India), Nir Shahaf (Ramat, Israel), Akarsh Jain (Bareilly, India) and Anoop Ragolu (Srikakulam, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method for determining a competitiveness value for set(s) of substitutable items. The method comprises determining, a relative demand value of each set from the set(s) of substitutable items based on a normalized demand value of said each set of substitutable items determined...