Effective Date: January 01, 2025
Version: 1.0
Document Type: Legally Binding Agreement
⚠️ IMPORTANT NOTICE - PLEASE READ CAREFULLY
These Terms and Conditions ("Terms") constitute a legally binding agreement between you (the "Founder", "Participant", "You") and Melonkode ("We", "Us", "Our"). By applying to the Startup Collaboration Challenge 2025, submitting any information, or signing the Memorandum of Understanding (MoU), you acknowledge that you have read, understood, and agree to be bound by these Terms.
IF YOU DO NOT AGREE WITH THESE TERMS, DO NOT APPLY TO THE CHALLENGE OR ENTER INTO ANY AGREEMENT WITH MELONKODE.
📋 Table of Contents
1. Acceptance of Terms
1.1 Agreement to Terms
By accessing our website, submitting an application to the Startup Collaboration Challenge 2025, or participating in any aspect of the program, you acknowledge and agree to:
- Be bound by these Terms and Conditions
- Comply with our Privacy Policy and Refund Policy
- Adhere to all applicable laws and regulations
- Execute a formal Memorandum of Understanding (MoU) if selected
1.2 Legal Capacity
You represent and warrant that:
- You are at least 18 years of age
- You have the legal capacity to enter into binding contracts
- You are not prohibited by law from participating in the program
- All information provided is accurate, complete, and truthful
1.3 Modifications to Terms
Melonkode reserves the right to modify these Terms at any time. Changes will be effective upon posting to our website with an updated "Last Updated" date. Your continued participation after modifications constitutes acceptance of the revised Terms. However, existing MoU partnerships will continue under their original terms unless both parties agree to amendments in writing.
2. Program Overview
2.1 Challenge Purpose
The Startup Collaboration Challenge 2025 is designed to:
- Identify and support innovative startup ideas with high market potential
- Provide comprehensive co-building partnership opportunities
- Develop minimum viable products (MVPs) through expert technical and strategic support
- Foster entrepreneurship and innovation in India
- Create long-term partnerships between founders and Melonkode
2.2 Program Structure
The program consists of:
- Application Phase: Open submission period for startup ideas
- Evaluation Phase: Review and selection of winning ideas
- Partnership Phase: 5-year co-building partnership with selected founders
- Development Phase: MVP development and market launch
- Growth Phase: Scaling and business development support
2.3 Services Value
Melonkode commits to providing services valued at ₹5,00,000 (Five Lakh Rupees) including:
- Complete MVP development and deployment
- Brand identity and UI/UX design
- Business strategy and mentorship
- Network access and investor introductions
- Launch support and initial marketing
3. Eligibility Criteria
3.1 General Eligibility
- Must be 18 years of age or older
- Indian citizen or legal resident with valid identification
- Possess legal capacity to enter into contracts
- No existing obligations that conflict with the partnership
- Not engaged in any illegal or unethical business activities
- Not barred from starting a business under any law
3.2 Tier Categories
| Tier | Eligibility | Commitment Fee |
|---|---|---|
| Students | Currently enrolled in any educational institution OR graduated within last 2 years | ₹14,999 |
| Women | Female entrepreneurs (any background) | ₹24,999 |
| Entrepreneurs | General category - all other applicants | ₹49,999 |
3.3 Idea Eligibility
Your startup idea must:
- Be original and not infringe any third-party intellectual property
- Have clear market potential and scalability
- Be technically feasible within the 5-year partnership timeline
- Comply with all applicable laws and regulations
- Not involve illegal, unethical, or harmful activities
- Not be in active development with another co-building partner
🚫 Prohibited Ideas
We do not accept ideas involving:
- Illegal activities, gambling, or adult content
- Weapons, explosives, or dangerous materials
- Pyramid schemes, MLM, or deceptive business models
- Cryptocurrency mining or unregulated financial instruments
- Tobacco, drugs, or controlled substances
- Hate speech, discrimination, or harmful content
4. Application Process
4.1 How to Apply
To apply for the Challenge:
- Complete the online application form on our website
- Submit all required documents and information
- Pay the non-refundable application fee (if applicable)
- Wait for evaluation and selection results
4.2 Required Information
Your application must include:
- Personal Information: Name, contact details, educational/professional background
- Startup Idea: Detailed description, problem statement, solution, target market
- Business Plan: Revenue model, competitive analysis, growth strategy
- Team Information: Co-founders, key team members, roles
- Documentation: ID proof, educational certificates, relevant licenses
4.3 Application Deadline
Applications are accepted on a rolling basis or within specific challenge windows as announced on our website. Late applications may not be considered.
4.4 Application Fees
Note: Any application fees paid are non-refundable and cover administrative costs. These fees are separate from the Commitment Fee required upon selection.
5. Selection & Evaluation
5.1 Evaluation Criteria
Applications are evaluated based on:
| Criteria | Weight | Description |
|---|---|---|
| Innovation | 25% | Uniqueness of idea, creative problem-solving |
| Market Potential | 25% | Market size, demand, revenue opportunity |
| Feasibility | 20% | Technical viability, resource requirements |
| Team Capability | 20% | Founder experience, commitment, skills |
| Social Impact | 10% | Positive contribution to society, sustainability |
5.2 Selection Process
- Initial Screening: Review for eligibility and completeness
- Detailed Evaluation: Assessment against evaluation criteria
- Interview Round: Discussion with shortlisted candidates
- Due Diligence: Background verification and reference checks
- Final Selection: Winner announcement and MoU execution
5.3 Selection Timeline
The typical selection process takes 4-8 weeks from application submission. Melonkode will notify applicants of their status via email.
5.4 Melonkode's Discretion
Important: Melonkode reserves the sole and absolute right to:
- Accept or reject any application without providing reasons
- Modify evaluation criteria or selection process
- Postpone, suspend, or cancel the Challenge at any time
- Select any number of winners (or none)
- Request additional information or clarifications
All selection decisions are final and not subject to appeal.
6. Partnership Structure
6.1 Memorandum of Understanding (MoU)
If selected, you must execute a formal MoU with Melonkode that governs:
- Scope of collaboration and deliverables
- Financial terms and equity structure
- Intellectual property rights
- Confidentiality and non-compete obligations
- Governance and decision-making authority
- Termination conditions and dispute resolution
6.2 Partnership Duration
The co-building partnership has a minimum term of 5 years from the date of MoU signing. Early termination may result in forfeiture of the commitment fee and other consequences as outlined in the MoU.
6.3 Relationship Nature
The partnership creates an independent contractor relationship. Melonkode and the Founder are not:
- Partners in a legal partnership
- Joint venture participants
- Employer and employee
- Principal and agent (except as specifically authorized)
7. Financial Terms
7.1 Commitment Fee
Upon selection, the Founder must pay a refundable security deposit (Commitment Fee) based on their tier:
- Students: ₹14,999
- Women: ₹24,999
- Entrepreneurs: ₹49,999
7.2 Payment Terms
- Payment must be made within 15 days of MoU signing
- Accepted payment methods: Bank Transfer, NEFT, RTGS, UPI
- Partnership officially begins only after payment receipt
- Late payment may result in MoU cancellation
7.3 Refund Conditions
✓ 100% Refundable When:
- 5-year partnership is successfully completed
- Melonkode breaches the MoU (refund + 10% compensation)
- Termination due to force majeure events
Refund processed within 90 days of eligibility
✗ Non-Refundable When:
- Founder voluntarily terminates the partnership early
- Founder breaches the MoU terms
- Melonkode terminates due to Founder's misconduct or non-performance
For complete refund policy, please refer to our Refund Policy document.
7.4 Additional Costs
The following costs are NOT included in Melonkode's services and must be borne by the Founder:
- Domain registration and hosting fees (beyond initial setup)
- Third-party API subscriptions and software licenses
- Cloud infrastructure costs (beyond initial credits)
- Marketing and advertising expenses
- Legal, accounting, and consulting fees
- Office space and operational expenses
- Salaries for additional team members
- Product certifications and regulatory compliance costs
- Travel and accommodation expenses
- Government fees, taxes, and statutory charges
7.5 No Guarantee of Success
⚠️ Critical Disclaimer
Melonkode provides expertise, resources, and support but DOES NOT GUARANTEE:
- Business success or profitability
- Revenue generation or customer acquisition
- Market acceptance of the product
- Achievement of specific business milestones
- Return on investment
All business ventures involve risk. Founders assume full responsibility for business outcomes.
8. Services Provided by Melonkode
8.1 Technical Development Services
- Complete MVP development and deployment
- Technology architecture and infrastructure setup
- Database design and implementation
- API development and third-party integrations
- Quality assurance and comprehensive testing
- Bug fixes and technical support during co-building period
- Performance optimization and scalability improvements
8.2 Design Services
- Brand identity creation (logo, color palette, typography)
- UI/UX design for web and/or mobile applications
- Wireframing, prototyping, and user flow design
- Design system documentation
- Marketing collateral design
8.3 Strategic Support
- Business model validation and refinement
- Go-to-market strategy development
- Product roadmap planning
- Quarterly milestone definition and tracking
- Competitive analysis and positioning
8.4 Mentorship & Network Access
- Regular mentorship sessions with industry experts
- Introductions to potential investors and partners
- Access to Melonkode's professional network
- Participation in relevant industry events
8.5 Launch Support
- Initial marketing and promotional strategy
- Beta testing coordination and management
- Launch event support and planning
- Early user acquisition guidance
- Press release and media outreach assistance
8.6 Service Delivery Standards
Melonkode commits to:
- Deliver services professionally and in good faith
- Meet agreed milestone timelines (subject to Founder cooperation)
- Provide services free from material defects at time of delivery
- Respond to communications within reasonable timeframes
Note: Service delivery is contingent upon the Founder's timely cooperation, feedback, and provision of required materials.
9. Founder Obligations
9.1 Active Participation
The Founder must:
- Dedicate minimum 25 hours per week to the startup during co-building period
- Attend all scheduled meetings, reviews, and milestone assessments
- Provide timely feedback on deliverables within 72 hours
- Respond to communications within 48 hours
- Maintain regular contact and progress updates
9.2 Resource Provision
The Founder agrees to:
- Provide all necessary information, content, and materials for development
- Ensure availability of team members for collaboration
- Obtain any required third-party licenses or permissions
- Cover operational costs beyond scope of Melonkode's services
- Make themselves available for investor meetings and presentations
9.3 Legal Compliance
The Founder must:
- Incorporate the startup as a legal entity within 30 days of MoU signing
- Ensure all regulatory compliances and obtain necessary licenses
- Maintain accurate financial records and accounting
- File taxes and statutory returns on time
- Comply with all applicable laws (Companies Act, tax laws, industry regulations)
9.4 Exclusivity
🚫 Exclusivity Requirements
During the partnership period, the Founder must NOT:
- Engage with competing co-building partners or accelerators
- Work on substantially similar projects independently or with others
- Divert business opportunities belonging to the startup
- Start or operate competing businesses in the same domain
Violation of exclusivity may result in immediate termination and forfeiture of commitment fee.
9.5 Transparency and Disclosure
The Founder must:
- Provide accurate and complete information at all times
- Disclose any conflicts of interest
- Inform Melonkode of material changes to the business or team
- Share financial information and business metrics honestly
10. Intellectual Property Rights
10.1 Ownership Structure
All intellectual property created during the co-building process shall be owned by the Startup entity in proportion to equity stakes:
- Founder: [__]% ownership
- Melonkode: [__]% ownership
10.2 Jointly Developed IP
The following IP created during the partnership is jointly owned:
- Source code, software, and applications
- Brand identity, logos, and design assets
- Business processes and methodologies
- Marketing materials and content
- Technical documentation and specifications
- Patents, trademarks, and copyrights
10.3 Pre-Existing IP
Founder's Pre-Existing IP: Any intellectual property owned by the Founder prior to the partnership remains the Founder's property but may be licensed to the startup.
Melonkode's Pre-Existing IP: Proprietary frameworks, reusable code libraries, internal tools, and methodologies remain Melonkode's property.
10.4 License Grants
To Startup:
- Perpetual, royalty-free license to use Melonkode's proprietary frameworks for startup operations
- License is non-transferable and limited to this specific startup
To Melonkode:
- Non-exclusive license to use Founder's Pre-Existing IP for building the startup
- Right to showcase startup in portfolio, case studies, and marketing materials
- Right to create derivative works for promotional purposes
10.5 Third-Party IP Warranty
The Founder warrants that:
- All submitted materials are original or properly licensed
- No infringement of third-party intellectual property rights
- Full disclosure of any licensed technology or open-source components
- The Founder shall indemnify Melonkode against any third-party IP claims
10.6 Patent and Trademark Rights
- Any patentable inventions shall be jointly owned proportional to equity
- Trademark applications filed in the startup's name
- Cost of IP registration shared proportional to equity stakes
11. Equity & Ownership
11.1 Equity Allocation
In consideration of services worth ₹5,00,000 and strategic partnership value, equity shall be allocated as negotiated in the MoU:
- Founder(s): [__]%
- Melonkode: [__]%
- ESOP Pool (Optional): [__]%
11.2 Equity Vesting Schedule
Melonkode's Equity Vesting:
- Vesting Period: 5 years with annual vesting
- Cliff Period: 12 months (no vesting if terminated within Year 1)
- Vesting Schedule:
- End of Year 1: 20% vested
- End of Year 2: 40% vested
- End of Year 3: 60% vested
- End of Year 4: 80% vested
- End of Year 5: 100% vested
11.3 Rights Attached to Equity
Melonkode's Rights:
- Voting rights proportional to equity stake
- Board observer seat OR advisory board position
- Right to appoint director if equity > 25%
- Information rights (quarterly financials and updates)
- Right of first refusal on future equity sales
- Tag-along rights in case of majority sale
- Drag-along rights if equity > 25% and exit offer meets threshold
11.4 Equity Transfer Restrictions
- Neither party may transfer equity without prior written consent
- Lock-in period as specified in MoU
- Right of first refusal applies to all transfers
- Exceptions for transfers to affiliated entities or family members (with approval)
12. Confidentiality
12.1 Confidential Information
Both parties agree to maintain confidentiality of:
- Business plans, strategies, and financial projections
- Technical architecture, source code, and algorithms
- Customer and user data
- Trade secrets and proprietary information
- Terms of the MoU (unless disclosure required by law)
- Internal communications and strategic discussions
12.2 Permitted Disclosures
Confidential information may be disclosed to:
- Employees and contractors under NDA
- Legal and financial advisors under professional confidentiality
- Investors and partners with prior consent and under NDA
- Government authorities if legally mandated
12.3 Duration of Confidentiality
Confidentiality obligations survive termination of the partnership and continue for 5 years thereafter.
12.4 Consequences of Breach
Breach of confidentiality may result in:
- Immediate termination of the partnership
- Forfeiture of commitment fee
- Legal action for damages and injunctive relief
- Criminal prosecution where applicable
13. Non-Compete & Non-Solicitation
13.1 Non-Compete (Founder)
During the contract period, the Founder agrees NOT to:
- Engage in any directly competing business
- Work on substantially similar projects
- Partner with competing co-building organizations
- Divert business opportunities belonging to the startup
Geographic Scope: India
Product Scope: As specified in MoU
13.2 Non-Solicitation
For duration of contract and 1 year thereafter, both parties agree NOT to:
- Solicit or hire each other's employees or contractors
- Induce breach of contract with vendors or partners
- Interfere with business relationships
13.3 Exceptions
Non-compete does NOT apply to:
- Activities with prior written consent
- General skills and knowledge acquired
- Personal investments in non-competing ventures
- Post-termination activities after 5-year term (with notice period)
14. Warranties & Representations
14.1 Melonkode's Warranties
Melonkode represents and warrants that:
- It is duly organized and validly existing under Indian law
- It has authority to enter into this agreement
- It possesses necessary technical expertise and resources
- Services will be delivered professionally and on time (subject to Founder cooperation)
- Services will be free from material defects at time of delivery
14.2 Founder's Warranties
The Founder represents and warrants that:
- Has legal capacity to enter into this agreement
- Owns or has proper licensing of all Pre-Existing IP
- No third-party restrictions preventing execution of agreement
- Full disclosure of any potential conflicts of interest
- Accuracy of all information provided during application
- No pending litigation or disputes affecting the business idea
- Compliance with all applicable laws and regulations
14.3 Mutual Warranties
- No infringement of third-party intellectual property rights
- Good faith collaboration and mutual respect
- Timely communication and transparency
- Compliance with terms of agreement
14.4 Disclaimer of Warranties
EXCEPT AS EXPRESSLY PROVIDED, ALL SERVICES ARE PROVIDED "AS IS" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO:
- Warranties of merchantability
- Fitness for a particular purpose
- Non-infringement
- Guaranteed business results or profitability
- Market acceptance or customer acquisition
15. Limitation of Liability
15.1 Limited Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW:
- Melonkode's total liability shall not exceed the amount of commitment fee paid by the Founder
- Melonkode shall not be liable for indirect, incidental, special, or consequential damages
- Melonkode shall not be liable for loss of profits, revenue, data, or business opportunities
15.2 Exceptions to Limitation
Limitation of liability does NOT apply to:
- Death or personal injury caused by negligence
- Fraud or fraudulent misrepresentation
- Breach of confidentiality obligations
- Intellectual property infringement
- Violations of applicable law
15.3 Indemnification
Founder's Indemnification:
The Founder shall indemnify Melonkode against all claims, damages, losses arising from:
- IP infringement by Founder's Pre-Existing IP or startup operations
- Breach of Founder's representations or obligations
- Gross negligence or willful misconduct
- Third-party claims related to startup's products/services
- Tax liabilities or regulatory non-compliance
Melonkode's Indemnification:
Melonkode shall indemnify Founder against claims arising from:
- IP infringement by Melonkode's Pre-Existing IP
- Breach of Melonkode's representations or obligations
- Gross negligence or willful misconduct
16. Termination
16.1 Contract Term
Initial Term: 5 years from date of MoU signing
Extension: By mutual written agreement only
16.2 Termination by Mutual Consent
Both parties may mutually agree to terminate with:
- 180 days written notice
- Negotiated settlement on equity, fees, and deliverables
- Proper handover and documentation
16.3 Termination by Melonkode
Melonkode may terminate with immediate effect if Founder:
- Commits material breach and fails to cure within 30 days
- Engages in fraud, misrepresentation, or illegal activities
- Abandons the project for >90 consecutive days
- Violates confidentiality or non-compete obligations
- Startup becomes insolvent or files for bankruptcy
Consequences:
- Commitment fee fully refunded (if termination due to Melonkode breach)
- Melonkode retains vested equity stake
- IP rights transferred as per MoU terms
16.4 Termination by Founder
Founder may terminate only:
- With 180 days written notice
- By mutual agreement
Consequences:
- Commitment fee is forfeited
- Melonkode retains negotiated equity stake
- Founder loses access to Melonkode's proprietary tools
16.5 Completion of 5-Year Term
Upon successful completion:
- Commitment fee refunded within 90 days
- Melonkode retains equity stake permanently
- All IP remains with startup as per ownership structure
- Parties may negotiate extension or equity buy-back
16.6 Post-Termination Obligations
- Return of confidential information and materials
- Cessation of use of proprietary assets (except licensed rights)
- Settlement of outstanding financial obligations
- Cooperation for smooth transition
17. Dispute Resolution
17.1 Amicable Resolution
All disputes shall first be attempted to be resolved through:
- Direct Discussion: Between parties (30 days)
- Mediation: By neutral third party (if discussion fails)
17.2 Arbitration
If amicable resolution fails, disputes are subject to arbitration:
- Governing Law: Arbitration and Conciliation Act, 1996
- Seat of Arbitration: Patna, Bihar
- Number of Arbitrators: 1 (One) or 3 (Three) as agreed
- Language: English and/or Hindi
- Award: Final and binding on both parties
17.3 Governing Law & Jurisdiction
Governing Law: Laws of India
Jurisdiction: Courts of Patna, Bihar (for interim relief and enforcement)
17.4 Injunctive Relief
Either party may seek interim injunctive relief from courts for:
- Breach of confidentiality
- Intellectual property infringement
- Irreparable harm situations
18. General Provisions
18.1 Entire Agreement
These Terms, together with:
- The executed Memorandum of Understanding (MoU)
- Privacy Policy
- Refund Policy
- Any supplementary schedules and annexures
constitute the entire agreement and supersede all prior negotiations, understandings, and agreements.
18.2 Amendments
- Amendments must be in writing and signed by both parties
- Oral modifications are not binding
- Continued use after notification of changes constitutes acceptance (for website terms)
18.3 Waiver
- Failure to enforce any provision does not constitute waiver
- Waiver of one breach does not waive future breaches
18.4 Severability
If any provision is invalid or unenforceable:
- Remaining provisions remain in full effect
- Invalid provision replaced by valid provision achieving similar effect
18.5 Assignment
- Neither party may assign rights/obligations without prior written consent
- Exception: Melonkode may assign to affiliated entities
- Unauthorized assignment is void
18.6 Notices
All notices shall be sent to:
To Melonkode:
Address: [Complete Address], Patna, Bihar, India
Email: legal@melonkode.in
To Founder:
As provided in the application and MoU
Notices deemed delivered:
- Email: Upon transmission (with read receipt)
- Courier/Post: Upon delivery
18.7 Force Majeure
Neither party liable for failure to perform due to events beyond reasonable control including:
- Natural disasters (earthquakes, floods, pandemics)
- War, terrorism, civil unrest
- Government actions, regulations, lockdowns
- Internet or telecommunications failures (extended)
If force majeure continues >180 days, either party may terminate without penalty.
18.8 Language
These Terms are executed in English. In case of translation, the English version prevails.
18.9 Counterparts
This agreement may be executed in multiple counterparts, each constituting an original.
18.10 Survival
The following clauses survive termination:
- Intellectual Property Rights
- Confidentiality
- Non-Compete (for specified period)
- Representations & Warranties
- Limitation of Liability
- Indemnification
- Dispute Resolution
19. Acceptance and Consent
✓ By Applying or Participating, You Acknowledge:
- You have read and understood these Terms and Conditions
- You agree to be bound by all terms herein
- You have had opportunity to seek independent legal advice
- You understand the financial commitments and equity implications
- You understand the consequences of breach or early termination
- You voluntarily enter into this relationship without coercion
- You authorize use of your information as per Privacy Policy
- All information provided is accurate and truthful
20. Important Disclaimers
⚠️ READ CAREFULLY
- No Employment Relationship: Participation does not create employer-employee relationship
- No Guarantee of Selection: Application does not guarantee acceptance into program
- Business Risk: All startups involve inherent business risk borne entirely by Founder
- Service Dependency: Service delivery depends on Founder's cooperation and timely input
- Market Conditions: Melonkode not responsible for market changes or competition
- Third-Party Services: Melonkode not liable for third-party service failures
- Independent Legal Advice: Founders strongly encouraged to seek legal counsel before signing
21. Contact Information
📧 Questions About Terms & Conditions?
General Inquiries:
Email: legal@melonkode.in
Application Support:
Email: challenge@melonkode.in
Postal Address:
Melonkode
[Complete Address]
Patna, Bihar, India
Response Time: We typically respond within 2-3 business days
22. Definitions & Glossary
| Term | Definition |
|---|---|
| Challenge | Startup Collaboration Challenge 2025 organized by Melonkode |
| Co-Building Period | The minimum 5-year term of active collaboration |
| Commitment Fee | Refundable security deposit paid by Founder based on tier selection |
| Equity Stake | Ownership percentage in the Startup held by Melonkode |
| Founder | Selected participant who enters into partnership with Melonkode |
| Intellectual Property (IP) | Patents, trademarks, copyrights, trade secrets, and proprietary rights |
| Melonkode | The co-building partner providing services and strategic support |
| MoU | Memorandum of Understanding - formal partnership agreement |
| MVP | Minimum Viable Product - initial version of product/service |
| Pre-Existing IP | Intellectual property owned by either party before partnership |
| Startup | Business entity to be incorporated by Founder for commercialization |
| Vesting | Gradual earning of equity rights over time based on continued involvement |
23. Additional Resources
📚 Related Documents
For complete information about the program, please also review:
- Privacy Policy: How we collect, use, and protect your personal information
- Refund Policy: Detailed conditions for commitment fee refunds
- Memorandum of Understanding (MoU): Comprehensive partnership agreement (provided upon selection)
- Application Guidelines: Instructions for submitting your startup idea
- FAQ: Frequently asked questions about the Challenge
All documents available at: www.melonkode.in/legal
24. Final Notes
24.1 Due Diligence
Founders are strongly encouraged to:
- Read all terms carefully and completely
- Seek independent legal and financial advice
- Understand the long-term commitment (5 years)
- Assess personal and financial readiness
- Discuss with family, co-founders, and advisors
- Clarify any doubts before applying
24.2 Questions and Clarifications
If you have any questions or need clarification on any term or condition:
- Contact us at
legal@melonkode.inbefore applying - Request a call to discuss specific concerns
- Seek clarification on financial implications
- Understand equity and ownership structures
We want you to be fully informed before making this important decision.
24.3 Consent Acknowledgment
By submitting your application or signing the MoU, you confirm that:
- You have read these Terms and Conditions in their entirety
- You understand all obligations, rights, and consequences
- You have had sufficient opportunity to seek independent advice
- You voluntarily agree to all terms without coercion
- You are prepared for the 5-year partnership commitment
- You accept the financial structure and equity arrangement
- You understand that business success is not guaranteed
- All information provided is accurate and complete
25. Updates and Version History
| Version | Date | Changes |
|---|---|---|
| 1.0 | January 01, 2025 | Initial release for Startup Collaboration Challenge 2025 |
🔒 Legal Binding
These Terms and Conditions, along with the executed MoU, Privacy Policy, and Refund Policy, constitute a legally binding agreement enforceable under the laws of India. Violation of these terms may result in legal action, financial penalties, and termination of the partnership.
By proceeding, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.
✅ Ready to Apply?
If you have read and understood these Terms and Conditions and are ready to participate in the Startup Collaboration Challenge 2025:
- Ensure you meet all eligibility criteria
- Prepare your startup idea and business plan
- Gather all required documents
- Submit your application through our website
We look forward to partnering with you on your entrepreneurial journey!
💡 Need Help?
Our team is here to assist you with any questions or concerns about the program, application process, or terms and conditions.
Email: legal@melonkode.in (Legal/Terms questions)
Email: challenge@melonkode.in (Application support)
Response Time: 2-3 business days