Terms & Conditions

Version 1.0 · Effective October 2026 · Yugant Tech Private Limited

1. Appointment & territory

1. Dealership is granted to one entity per territory (district or mutually agreed area), on a non-transferable basis.
2. Territory exclusivity applies to retail sales and installation; national/key accounts may be served directly by BKI-Fuel with the dealer compensated for local installation work.
3. The agreement term is 3 (three) years, renewable on mutually agreed performance targets.

2. Fees & commercials

1. One-time, non-refundable dealership fee of ₹1,50,000 + GST, payable only after written approval of the application. It covers onboarding, technician training & certification, a demo kit and launch marketing material.
2. Hardware (sensors, telematics units, accessories) is purchased from BKI-Fuel at dealer price lists; a recommended retail price is published but the dealer may price installation and service locally.
3. The dealer receives a recurring revenue share on active platform subscriptions sold in their territory, settled monthly.
4. Recommended starter working capital is ₹3–5 lakh for inventory; stock is purchased, not consigned.

3. Dealer obligations

1. Maintain at least one BKI-Fuel certified installation technician at all times.
2. Install and calibrate strictly per the BKI-Fuel installation manual; warranty on improperly installed hardware is void.
3. Attend scheduled training updates; use only genuine BKI-Fuel hardware and the official platform.
4. Log all prospects and customers in the BKI-Fuel dealer portal (or connected CRM) to retain lead exclusivity in the territory.
5. Do not resell, rebrand or reverse-engineer hardware or platform services.

4. BKI-Fuel obligations

1. Supply hardware within published lead times and honour manufacturer warranty (12 months on sensors and telematics units).
2. Provide technician and sales training, demo kit, marketing collateral and a central technical support desk.
3. Route territory leads received centrally (website, QR campaigns, exhibitions) to the dealer.
4. Give 90 days' written notice of changes to dealer price lists or the revenue-share schedule.

5. Branding

1. The dealer may use the BKI-Fuel name and logo for signage and promotion in the approved format, within the territory, during the agreement period only.
2. Domain names, social handles and tender submissions using the BKI-Fuel brand require prior written consent.

6. Termination

1. Either party may terminate with 90 days' written notice.
2. Immediate termination may follow: sale of counterfeit hardware, tampering with customer fuel data, non-payment beyond 60 days, or legal insolvency.
3. On termination, the dealer ceases brand usage; sellable unopened stock may be returned at 85% of invoice value within 30 days.

7. General

1. Customer fuel data belongs to the customer; both parties keep it confidential and use it only to deliver the service.
2. Disputes are subject to arbitration in India; governing law is Indian law.
3. The signed Dealership Agreement prevails over this summary where they differ.