TERMS OF SERVICE
Last updated: January 24, 2026
THE SHORT VERSION
We build great software. You pay us for it. You own what we build. We both act like professionals. Everyone's happy.
Now for the legal stuff...
1. ACCEPTANCE OF TERMS
By accessing our website or engaging our services, you agree to be bound by these Terms of Service. If you disagree with any part of these terms, you may not access our website or use our services.
2. SERVICES
Algobeat provides software development services including but not limited to:
- MVP (Minimum Viable Product) development
- Rapid prototyping
- Custom software development
- Ongoing development and support
The specific scope of services will be defined in a separate Statement of Work (SOW) or project agreement for each engagement.
3. PROJECT AGREEMENTS
Before commencing any project, we will provide a detailed proposal outlining:
- Scope of work
- Timeline and milestones
- Pricing and payment terms
- Deliverables
Work will not commence until both parties have agreed to and signed the project agreement.
4. PAYMENT TERMS
Project Work: Unless otherwise specified, payments are due as follows:
- 50% deposit upon project agreement signing
- 50% upon project completion
Retainer Work: Monthly retainer fees are billed in advance at the beginning of each month.
Late Payments: Invoices not paid within 30 days of the due date may be subject to a late fee of 1.5% per month. We reserve the right to suspend work on accounts with overdue balances.
5. INTELLECTUAL PROPERTY
Your Ownership: Upon full payment, you own all rights to the custom code, designs, and deliverables we create specifically for your project.
Our Tools: We retain ownership of our pre-existing tools, libraries, frameworks, and methodologies. However, you receive a perpetual, royalty-free license to use any such components included in your deliverables.
Third-Party Components: Your project may include open-source or third-party components, which are subject to their respective licenses.
6. CONFIDENTIALITY
We agree to keep confidential all proprietary information you share with us. This includes business plans, technical specifications, user data, and any other non-public information.
We may sign a separate Non-Disclosure Agreement (NDA) upon request.
7. OUR GUARANTEES
On-Time Guarantee: If we miss an agreed-upon deadline due to our fault, we will discount 10% of the project fee for each week of delay.
Quality Guarantee: We will fix any critical bugs discovered within 30 days of project completion at no additional cost.
Fixed Price Guarantee: The quoted price is the price you pay. We will not charge additional fees for scope items included in the signed agreement.
These guarantees do not apply to delays or issues caused by client-side factors, including but not limited to: delayed feedback, scope changes, or failure to provide required materials.
8. CLIENT RESPONSIBILITIES
To ensure successful project delivery, you agree to:
- Provide timely feedback and approvals
- Supply necessary content, assets, and access credentials
- Designate a primary point of contact
- Review and test deliverables promptly
- Make payments according to agreed terms
9. CHANGES AND SCOPE
Changes to the agreed scope of work may result in timeline and cost adjustments. Any changes must be agreed upon in writing before implementation.
We reserve the right to decline scope changes that significantly alter the nature of the project.
10. TERMINATION
By Client: You may terminate the project at any time with written notice. You will be responsible for payment of all work completed up to the termination date.
By Algobeat: We may terminate the project if:
- Payment is more than 30 days overdue
- Client is unresponsive for more than 14 days
- Client requests work that is illegal or unethical
Upon termination, you will receive all completed work and source code for which payment has been received.
11. LIMITATION OF LIABILITY
To the maximum extent permitted by law, Algobeat's total liability for any claims arising from our services shall not exceed the total amount paid by you for the specific project in question.
We are not liable for any indirect, incidental, special, consequential, or punitive damages, including lost profits, lost revenue, or lost data.
12. INDEMNIFICATION
You agree to indemnify and hold Algobeat harmless from any claims, damages, or expenses arising from:
- Your use of our deliverables
- Your violation of these terms
- Content you provide that infringes third-party rights
13. DISPUTE RESOLUTION
Any disputes arising from these terms or our services shall be resolved through:
- Good faith negotiation between the parties
- If unresolved, binding arbitration in Ghaziabad, Uttar Pradesh, India
These terms are governed by the laws of India.
14. MODIFICATIONS
We reserve the right to modify these terms at any time. Material changes will be communicated via email or website notice. Continued use of our services after changes constitutes acceptance of the new terms.
15. CONTACT
Questions about these terms? Contact us:
- Email: legal@algobeat.com
- Address: Janakpuri, Sahibabad, Ghaziabad, U.P. India 201005
16. COMPANY INFORMATION
Algobeat is operated by PRNK Infotech LLP, a limited liability partnership registered in India.