Create My Ideas

On Demand Manufacturing Services
Startup name
Create My Ideas
Web address
Founding date
December 2016
Incorporation
No
Total team member
5
Startup stage
Paying users
Category
Consumer, Hardware
Sector
E-commerce & online marketplaces, Manufacturing tech & materials
Product usage or interact
Desktop, Hardware-non-wearable
City
Indore, Madhya Pradesh, IN

Elevator pitch

Create My Ideas is an online platform where you can get your designs and ideas fabricated. We accept raw ideas/drawings, process them into engineering format and manufacture them in a most cost-effective way. The ideas can be home decoration, Industrial requirements, customised gifts, study projects, art projects. There is no minimum order quantity.

Team

Aalok Kant

Instrumentation and control engineer with prior electronics experience in project development and management, procedural techniques and supervision. Strong background in Product Marketing and Management, Business Development, Internet Marketing and Services for International Markets

Siddharth Dev

An engineer and entrepreneur with a steep inclination in the field of Robotics and Automation. Founded and promoted a start-up which manufactures products ranging from robotic educational kits to autonomous vehicles, remote weapon control systems, etc. for the Indian Army.

Business model

Target customer

Interior designers, Small Scale industries , educational institutes

Customer acquisition strategy

Digital Marketing, Activity based events, Free Samples

Revenue model

The price to the customer is framed as hardware cost+ processing cost+operational cost + 25%margin on every order.
Since every product will be customized, the customer would have to advance 100% payment before designing and fabrication starts.

Market info

Market size

$ 5,000,000,000

Competitors

Competition

Pricing is the key element, our rates are nearly 1/3 of the competitors.

The eMachine Shop is similar to Create My Ideas, however, they only accept CAD designs. CAD is an engineering software and not everyone may find it easy to use. We give more power to common and non-professional hands by providing designing services as well.
The others are solely involved in one kind of manufacturing processes such as 3D printing or laser printing and none of them is a one-stop shop.

Startup traction

There are about 20,000 universities in the world, and each of them has fabrication requirements related to engineering, arts, community development, etc. Additionally, there are about 400 million Micro, Small, and Medium Enterprises (MSMEs) in the world. Globally, the industrial growth rate has been to a high of 14% that further validates the increased necessity of fabrication to cater to hardware requirements.

Publication date: 05 October 2017