Under the institutional framework of IPBankIndia, an innovation-driven portal, an initiative led by MYCrave Consultancy & Services, the Intellectual Property Cell (IPCELL) at Rungta College of Engineering & Technology has become a model for institutional innovation. Over the past seven years, our team has leveraged deep expertise in intellectual property rights, technology transfer, and patent commercialization to create a thriving innovation ecosystem on campus.

Through hands-on workshops, patent drafting sessions, and awareness programs, IPBankIndia has cultivated a strong IP culture among students, researchers, and faculty. Our systematic approach empowered innovators to identify, protect, and file patents for commercially viable technologies. The results speak for themselves: three Industrial Design Patents and two Utility Patents filed through our guidance have successfully undergone technology transfer, enabling real-world application across industries.

Each transferred technology showcases a clear industrial benefit—ranging from smart lab workstations and child safety wearables to non-invasive medical devices and IoT-based waste management systems. These successes not only boosted the college’s innovation profile but also demonstrated the tangible value of academic research.

This collaboration represents a scalable model for other institutions seeking to bridge the gap between innovation and industry. At IPBankIndia, we don’t just file patents—we convert ideas into assets.

Looking ahead, we aim to replicate this impact-driven model nationwide, enabling more institutions to secure IP, attract industrial partnerships, and contribute to India’s global innovation leadership.

Enabled by IPBankIndia, a pioneering portal established by MYCrave Consultancy & Services, a groundbreaking milestone in technology transfer and societal impact has been achieved. In a pioneering move, one of IPBankIndia’s esteemed clients, Mr. Mithilesh Patel, has generously made 106 Industrial Design patents available for public use — free of cost.

These designs span across key sectors including healthcare, agriculture, renewable energy, education, and consumer products. Each design was strategically developed to address real-world challenges and improve lives. By opening these patents to the public, Mr. Patel has set a national precedent for responsible innovation and community-driven contribution.

IPBankIndia played an instrumental role in the entire journey — from conceptualization and IP filing to managing compliance, protection, and final release protocols. Our expert team ensured that every design met the highest standards of patentability and public accessibility, reflecting our deep-rooted commitment to inclusive innovation.

This initiative is more than a technology release — it’s a catalyst for India’s innovation ecosystem. Now, students, startups, researchers, and industries can freely adopt and build upon these designs, accelerating the pace of development and entrepreneurship nationwide.

By enabling this open-access model, IPBankIndia has demonstrated how intellectual property can be a force multiplier for economic and social advancement. We are committed to replicating this transformative framework across other institutions and innovators in India. 

Through the dedicated efforts of IPBankIndia, a national IP facilitation platform powered by MYCrave Consultancy and Services, a landmark success in technology transfer has been achieved for our esteemed client, Mr. Ghanshyam Barot. This milestone reflects IPBankIndia’s unwavering commitment to empowering inventors and translating impactful ideas into market-ready solutions.

Mr. Barot’s innovative healthcare patent addresses pressing challenges in patient care, offering an affordable, accessible, and efficient solution tailored to real-world medical needs. Recognizing its potential, IPBankIndia expertly guided the entire process—from strategic patent drafting and IP rights protection to negotiating and executing a successful technology transfer with industry stakeholders.

This achievement is a testament to IPBankIndia’s robust framework in bridging inventors and industry. Our team ensured a seamless journey from concept to commercialization, providing end-to-end support through legal, technical, and strategic channels. The result: a high-impact healthcare solution now accessible to the market, benefitting both patients and the healthcare industry.

Beyond this individual success, the collaboration with Mr. Barot exemplifies how intellectual property, when properly nurtured, can drive societal advancement and economic growth. It also serves as a powerful inspiration for educational institutions and startups to actively leverage IP for innovation-driven partnerships.

Looking ahead, IPBankIndia is committed to replicating this model across sectors—enabling inventors, researchers, and institutions to unlock the full potential of their ideas. With a growing portfolio of successful transfers, we continue strengthening India’s position as a global leader in innovation and intellectual property.

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Through the dedicated efforts of IPBankIndia, a national IP facilitation platform powered by MYCrave Consultancy and Services, a remarkable achievement in intellectual property commercialization has been realized. This success story features Mr. Satyam Mishra, an alumnus of Sigma University, who developed a cutting-edge Android application in the customer feedback solutions space.

With end-to-end guidance from IPBankIndia, Mr. Mishra’s innovation was successfully transferred to a private enterprise in a landmark copyright deal valued at ₹42 lakhs—a significant example of how academic ideas can be transformed into real market success.

IPBankIndia played a crucial role in every stage of the process, including:

• Identifying the commercial viability of the application
• Guiding thorough documentation and copyright filing
• Strategically negotiating the transfer and closing the high-value deal

The application itself enhances customer engagement and feedback management, offering businesses a seamless and intuitive platform to understand consumer needs more effectively. Its transfer to industry not only validates the innovation but also delivers real business impact.

This success reflects IPBankIndia’s broader mission—to bridge academia and enterprise, turning intellectual efforts into economic outcomes. By empowering young innovators like Mr. Mishra and securing profitable pathways for their creations, IPBankIndia continues to lead India’s movement towards a robust IP-driven economy.

Looking ahead, IPBankIndia remains committed to replicating such success stories across sectors and institutions, unlocking new possibilities for students, researchers, and entrepreneurs nationwide.

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Enabled by IPBankIndia, a pioneering portal established by MYCrave Consultancy and Services, impactful innovations have been successfully transferred to NGOs across India, showcasing our commitment to social growth through technology transfer and IP management.

One inspiring example is the transfer of a women’s safety device to a tribal women's group in Chhattisgarh. This innovation empowers women in remote areas by enhancing their personal safety and fostering self-reliance—demonstrating IPBankIndia’s focus on technology that drives social empowerment.

Another major success involved the transfer of a farmer-centric marketplace application to a farmers’ collective in Kolhapur, Maharashtra. This platform improved rural market access and income opportunities by enabling direct, transparent transactions, underscoring our mission to uplift agricultural communities through innovation.

Additionally, an affordable smart stick for the visually impaired, developed by one of our clients, was transferred to NGOs supporting blind communities. This inclusive technology enhanced mobility and independence for visually challenged individuals, aligning with IPBankIndia’s vision of innovation for all.

We also facilitated the transfer of a unique educational tool designed to teach children about “good touch and bad touch.” By partnering with NGOs working in child protection, IPBankIndia helped raise awareness and promote safety among vulnerable groups.

These success stories illustrate how IPBankIndia uses intellectual property not just as a commercial tool, but as a catalyst for societal transformation. By bridging innovation with NGO networks, we’re creating meaningful, lasting impact.

Join us in using IP for good.
Visit www.ipbankindia.org or www.mycrave.in to collaborate on socially driven technology transfers.