From Two Rooms to ₹100 Crore: The Rise of IMAST

The journey of how IMAST rose to ₹100 crore and shocked the industry

STARTUP TO STANDOUTSUCCESS STORY

Thrive Vision

11/19/20252 min read

From Two Rooms to ₹100 Crore: The Rise of IMAST

How Two Friends Turned Courage Into a Company

Success stories usually start with billion-dollar funding rounds, Silicon Valley investors, and shiny offices. But not this one.

This story starts in a small two-room space in Indore, a pair of laptops, and two friends who refused to let comfort decide their future.

Come meet Akash Joshi and Ankur Pathak, two MBA graduates who did everything that society tells you to do:

Study well, get placed, earn a good salary, climb the corporate ladder. But deep inside, something didn't sit right.

They didn't want to work in somebody else's dream. They wanted to build their own.

The Leap That Changed Everything

In 2016, Akash and Ankur had stable and well-paying jobs.

On paper, life was perfect. But every evening, the same thought echoed:

If not now, then when?

So they chose the harder road.

  • No big investors.

  • No family business.

  • No safety net.

Just courage.

They resigned, pooled their savings, and set up an office that was really just:

  • One table

  • Two chairs

  • Two laptops

And an incredible amount of faith.

Thus, IMAST was born.

What Did They Do?

  • They didn’t chase trends.

  • They didn’t build an app and hope it goes viral.

  • They did not depend on luck.

  • They focused on something timeless:

Solution of the real business problems.

IMAST started to provide tailored tech solutions, such as software, automation, and digital systems, to companies committed to growing smarter, faster, and more efficiently.

Instead of selling products, they sold results.

And businesses noticed that.

Of course, there's still a significant amount of dissatisfaction, discrimination, and injustice against women in our society today.

The Growth Nobody Saw Coming

Through their small 2-room office, they began to attract clients from Indore.

  • Then Madhya Pradesh.

  • Then across India.

Why?

  • Because they delivered on time, every time.

  • They listened.

  • They got better.

  • They built relationships, not transactions.

Soon, word of mouth became their best marketing tool.

Moreover, in projects applying machine learning, such APIs are finding increasing importance as either data sources or consumers.

Eight Years Later. A Completely Different Reality

Today, IMAST:

Serving over a hundred clients spread across several industries. Operates with specialized tech teams. Competes with major corporate service providers

And is valued at ₹100 Crore

All of this without a rich father, political connections, or overnight luck.

Just vision + consistency + patience.

The Real Lesson?

Great companies don't always start in glass towers.

Sometimes they start in cramped rooms with peeling walls and borrowed furniture.

Dreams don't need big spaces. They need big belief. Akash and Ankur proved:

  • You don’t need to inherit a business.

  • You don’t need a Silicon Valley investor.

  • You don’t need to fake success for Instagram.

All it takes is the first step.

For Whomever Is Hesitating Right Now If you're stuck between A job you've outgrown And a dream that scares you Remember this: Comfort builds today. Courage builds tomorrow. IMAST wasn't born from money. It was born from a decision. And your story could begin the exact same way.