Governing Business Consulting and Brokerage Services
Effective Date: [October 11, 2025]
These Terms and Conditions (“T&C”), together with the solicited KYC form (https://frn.pw/kycform) filled by you (“Form”), collectively form the Agreement between FranTiger Business Consulting Private Limited (the “Consultant” or “frantiger”) and you, the registered “Buyer”. By signing the Form, making any payment to the Consultant, or availing any service, you agree to be bound by the terms of this Agreement.
1. Term, Scope, and Relationship
1.1 Term of Agreement
Unless terminated earlier as per Clause 9, this Agreement shall be effective from the date of signing (“Effective Date”) and shall remain valid for a period of twelve (12) months (“Term”).
1.2 Scope of Services
The Consultant shall provide advisory services to the Buyer to identify, select, and finalize appropriate business/investment opportunities (such as franchisee, distributor, business associate, or direct investment), based on the Buyer’s specified preferences, investment appetite, and financial information provided in the Form.
1.3 Limitation on Liability for Lead Conversion
The Buyer acknowledges that upon successful execution of an agreement between the Buyer and any lead/brand introduced by the Consultant, the Consultant shall not be held liable for any claim or demands arising due to the business relationship or dispute between such signed lead/brand and the Buyer.
1.4 Nature of Relationship
The relationship between the Consultant and the Buyer is that of an independent contractor. Nothing in this Agreement shall create an agency, partnership, joint venture, or employment relationship. The obligations of the Consultant are limited to those specifically set forth herein.
2. Financial Terms: Fees and Payment
All fees mentioned below are non-refundable and are in Indian Rupees (₹), plus applicable taxes.
2.1 Registration Fee
An upfront non-refundable payment of ₹11,000/- (Indian Rupees Eleven Thousand Only) plus applicable taxes shall be paid by the Buyer at the time of signing this Agreement.
2.2 Consultation Fee/Brokerage
A non-refundable Consultation Fee/brokerage (for each sign-up/deal) shall be payable by the Buyer upon the execution of a deal, token cheque, or Letter of Intent (LOI) between the Buyer and the respective business prospect selected and finalized by the Buyer. The fee shall be calculated as follows:
Project Cost Bracket | Fee Structure (Whichever is Higher) |
Project cost upto ₹20,00,000/- | ₹25,000/- OR 3% of the total project cost + applicable taxes |
Project cost above ₹20,00,000/- | ₹1,00,000/- OR 4% of the total project cost + applicable taxes |
2.3 Specialized Services Fees
Consultation Fee/brokerage for specialized services shall apply as below:
Service Type | Consultation Fee/Brokerage |
Real Estate (Lease) | Payment equivalent to one month’s rent OR 4% of the leased amount. |
Real Estate (Purchase) | 2% of the purchase price of the property bought. |
Business Brokerage (Borrowing/Lending) | 4% of the total project cost + applicable taxes. |
Turnkey Services (Leased Assets) | Payment equivalent to one month’s rent for the leased property. |
Turnkey Services (Project) | 5% of the total project cost. |
2.4 Payment Terms and Penalty
- The Buyer shall make payment of the Consultation Fee/brokerage (as mentioned above) within a period of seven (07) days from the date of receipt of the invoice for each respective sign-up or LOI.
- In the event any amount remains outstanding for a period of seven (07) days after the due date, the Consultant shall be entitled to:
- Suspend all services under this Agreement (which shall not constitute a breach by the Consultant).
- Terminate the Agreement.
- Recover the outstanding amount along with an interest at the rate of 24% per annum.
3. Representations and Reliance on Information
3.1 Buyer Warranties
The Buyer represents and warrants that:
- They have the authority and financial capacity to enter into this Agreement and carry out the contemplated investment.
- The information provided to the Consultant regarding investment sectors, funds, time period, and financial stability is true, accurate, and complete.
3.2 Consultant Reliance
The Consultant will be solely relying on the information provided by the Buyer. The Consultant is under no obligation to verify any information provided by the Buyer and shall not be liable for the accuracy and completeness of the information furnished by the Buyer.
4. Non-Circumvention and Exclusivity
4.1 Non-Circumvention
The Buyer undertakes that they shall not circumvent the role of the Consultant at any time with respect to any transaction or Service contemplated under this Agreement. If the Buyer, or any person/entity formally or informally connected with the Buyer, approaches, contracts with, or utilizes any lead/brand introduced by the Consultant (directly or indirectly) during the Term, the Buyer must notify the Consultant and shall always proceed through the Consultant.
4.2 Relative/Acquaintance Utilization
If any lead/brand introduced by the Consultant is utilized by the Buyer’s Relative/close acquaintance (as defined in the Agreement), the Buyer must provide the details to the Consultant and shall always proceed through the Consultant, remaining liable for the Consultation Fee/brokerage.
4.3 Exclusivity
The Buyer covenants that the Agreement shall be exclusive in nature, and during the Term, the Buyer shall refrain from hiring any third party for similar Services as those being rendered by the Consultant.
5. Post-Termination Obligations
Upon the expiry of the Term or earlier termination of the Agreement:
- The Buyer shall make payments of all outstanding dues to the Consultant within seven (07) days from the date of termination.
- The Buyer shall comply with its payment obligations for any leads converted/materialized post-termination that were introduced by the Consultant during the Term of the Agreement.
6. Confidentiality
Both Parties shall maintain the confidentiality of the terms of this Agreement and all proprietary information received by virtue of the same. This obligation is absolute unless disclosure is required by law.
7. Indemnification and Limitation of Liability
7.1 Indemnity
The Buyer shall indemnify, protect, and save harmless the Consultant from and against any damages, claims, suits, costs, and expenses (including legal fees) arising from:
- Breach of any Buyer obligations, representations, or warranties under this Agreement.
- Gross negligence or willful misconduct of the Buyer.
- Third-party claims for loss or damage resulting from the Buyer’s performance.
7.2 Limitation of Liability
The Consultant’s liability shall be strictly limited and shall not exceed the amount of the Consultation Fee actually received by the Consultant from the Buyer pursuant to this Agreement.
7.3 Exclusion of Damages
Neither Party shall be liable to the other for any indirect, incidental, punitive, special, or consequential loss, damage, cost, or expense, including, without limitation, loss of profits, loss of data, and loss of revenues.
8. General Provisions
8.1 Assignment
The Buyer shall have no right to assign or transfer any of its rights or obligations without the express prior written consent of the Consultant. The Consultant may freely assign or transfer its rights or obligations with prior intimation to the Buyer.
8.2 Force Majeure
Neither Party shall be liable for any loss caused by the failure to observe the terms due to a cause beyond its reasonable control, such as an act of God, war, fire, strike, change of law, or similar cause.
8.3 Entire Agreement and Amendment
This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior communications, negotiations, and agreements. No amendment or variation shall be effective unless it is in writing and signed by a duly authorized representative of both Parties.
9. Termination by Consultant
The Consultant shall have the right to terminate this Agreement by giving a prior written notice of fifteen (15) days upon the occurrence of any of the following events:
- If the Buyer is in breach of its payment obligations.
- If the Consultant finds that the Buyer has furnished incorrect information.
- If any of the Buyer’s representations or warranties are violated or found to be false/untrue.
- In the event the Buyer (or its proprietor/partner/director) becomes of unsound mind or otherwise incompetent to continue the Agreement.
10. Governing Law and Arbitration
This Agreement shall be governed and interpreted in accordance with the laws of India.
All disputes arising between the Parties shall be settled as per the provisions of the Arbitration and Conciliation Act, 1996, by the sole arbitrator to be appointed by the Consultant. Arbitration shall be conducted in the English language and the seat of arbitration shall be Bengaluru. The award of the sole arbitrator shall be final and binding upon the Parties.