Last updated: August 30, 2025
1. Agreement to Terms
By accessing and using Savekar EV 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 services.
2. Our Services
Savekar EV provides EV charging solutions through two business models:
- • Zero Investment Model: We install and maintain chargers, you provide space and earn 30% revenue share
- • Full Control Model: ₹1,999/year per charger for complete charging management system
3. User Responsibilities
As a user of our services, you agree to:
- • Provide accurate information during registration
- • Maintain the security of your account
- • Comply with all applicable laws and regulations
- • Not misuse or damage the charging equipment
- • Ensure proper electrical infrastructure at your property
4. Property Owner Obligations
Property owners participating in our programs agree to:
- • Provide suitable space for charger installation
- • Ensure 24/7 access to charging points for EV users
- • Maintain the area around chargers
- • Cooperate with maintenance schedules
- • Report any issues promptly
5. Revenue Sharing (Zero Investment Model)
- • Property owners receive 30% of charging revenue
- • Payments are made monthly by the 7th of each month
- • Revenue is calculated based on actual usage
- • Savekar EV handles all operational costs
6. Full Control Model Subscription Terms
- • Annual subscription fee: ₹1,999 per charger
- • Includes software updates and basic support
- • Subscription auto-renews unless cancelled
- • 30-day notice required for cancellation
7. Limitation of Liability
Savekar EV shall not be liable for:
- • Indirect or consequential damages
- • Loss of profits or business interruption
- • Damages exceeding the fees paid in the last 12 months
- • Force majeure events
8. Termination
Either party may terminate the agreement with 30 days written notice. Upon termination:
- • All pending revenues will be settled
- • Equipment removal will be scheduled
- • Access to Full Control system will be discontinued
9. Governing Law
These terms shall be governed by the laws of India. Any disputes shall be subject to the exclusive jurisdiction of courts in Bangalore, Karnataka.
10. Contact Information
For questions about these Terms of Service:
- • Email: support@lakebrains.in
- • Phone: +91 9588803935
- • Address: Savekar EV, Bangalore, Karnataka, India