Our story · Since 2014
No investors. No loan. Five people and one quotation nobody could justify.
The ₹12,500 Company
Somebody once quoted us ₹1,50,000 to file a patent. At the time, roughly sixty per cent of India’s patent filings came from foreign applicants. Put those two facts next to each other and you have the entire reason this company exists.
No outside capital was ever raised. That is not a boast — it is most of the reason the story below is shaped the way it is.
2014 → today
How it actually happened
Written the way it happened rather than the way founding stories are usually written. The numbers in it are small on purpose.
₹1,50,000 to file a patent
That was the number somebody quoted, and it was not unusual. Protection was priced as something you bought after you had already succeeded — which is precisely backwards, because the moment you need it is before anyone has heard of you.
The statistic that started a company
Around sixty per cent of patent filings in India were coming from foreign applicants. Not because Indian inventors were not inventing. Because filing was expensive, opaque, and explained to nobody.
A country full of inventors, and a filing system most of them had been priced out of.
Three sisters and one craving
MYCrave came from three sisters — and a craving. It is not an acronym and it was never focus-grouped. The tagline came later and has not changed since: Your creation · Our execution.
Five people and ₹12,500
Five founders put in ₹2,500 each. That was the entire capital base. No investor, no loan, no runway — which meant every month had to pay for the next one, and that constraint shaped everything that followed.
Paid in coins
The first money the company earned was ₹570, handed over in coins by schoolchildren after a session. It is a small number and it is the one worth remembering: education paid the bills before filing did, and it still does more work than any marketing has.
A saree, a tyre, and a wall of coloured paper
The first office was assembled out of what was available. A train ticket cost ₹170 and that mattered. None of this is charming in the moment — it is just what running a business without capital looks like from inside.
The first thirty-six
An order for thirty-six trademarks changed the arithmetic. One client deciding to trust a company that had existed for months is the difference between a story and a footnote.
The car years
Years of driving between colleges and clients, with a bank balance that never went above ₹50,000. Turnover crossed ₹4 lakh, then aimed at ₹40 lakh. Seminars kept happening because that was the only marketing available.
Two lakh people have now sat through one of those sessions. It was never a marketing strategy. It was the only one we could afford.
The first seminar outside Gujarat
Rungta, in 2014. Five thousand students and two hundred and fifty faculty members trained over the years that followed, and an IP cell that eventually reached technology transfer.
207 patents in 12 hours
A world record: 207 utility patents filed in twelve hours, off 6,680 pages of documentation. It is the most-quoted thing about this company and, honestly, the least representative — what it actually proves is that the drafting and filing machinery works under load.
The same college. Eleven years apart.
Returning to an institution more than a decade after the first session and finding the cell still filing — that is the only metric that has ever really mattered here. Not what we filed. What kept being filed after we left.
Today
What a good year looks like now
Twelve years on, from ₹12,500 and five people.
Ahead
What we are building now
Commercialisation at scale
IP BANK India — because filing something and it earning nothing is only half a result.
IP BANK IndiaFive lakh innovators by 2028
Two lakh educated so far. The remaining three lakh is the actual plan.
I.N.V.E.N.T. ClubIndustry, not only campuses
The practice was built on institutions. Manufacturers and companies are the next twelve years.
For businessTeaching the craft
Live courses taught by people who file — from a 90-minute primer to patent-agent exam prep.
CoursesWhose company this is
It was five people and ₹12,500. It is now around fifty people across ten offices, and almost none of them were there at the start. The names in the story — the ones who joined for seven per cent, the ones who ran branches, the ones who handled the back office when there was barely a back office — are the reason there is anything to write about.
The quotation that started it was ₹1,50,000. The thing we have actually been building since is a route in for the people that number kept out.
Talk to an IP expert
Tell us what you’ve built.
The free search still comes first, twelve years later, for the same reason it always did.