MoU signed appointing AIML Cloud Global as exclusive distributor of FIRM TALK ERP, 50:50 revenue share
MoU signed on September 24, 2026 with AIML Cloud Global Technologies Pvt Ltd.
By ScoutQuest · · 2 min read
- MoU Signed Date
- September 24, 2026
- Exclusive Distributor
- AIML Cloud Global Technologies Pvt Ltd
- Product
- FIRM TALK ERP
- Revenue Share
- 50:50 between GACM and AIML
- Minimum Guaranteed Sale
- ₹15 crore over 24-month term
What was signed
GACM Technologies has entered into a Memorandum of Understanding dated September 24, 2026 with AIML Cloud Global Technologies Private Limited, appointing AIML as the exclusive distributor of its software product FIRM TALK, described as a complete ERP for businesses, in the agreed territory.
Who does what
- AIML: sales, marketing, promotion and distribution, and bears the Distribution Costs.
- GACM: the product itself, installation, configuration, data migration, onboarding, user training, updates, bug fixing and technical support, and bears those costs.
- Each party bears its own costs out of its own revenue share.
Commercial terms
- Gross Revenue from the product is shared 50:50 between GACM and AIML.
- The MoU provides for a minimum guaranteed sale of ₹15 crore over the 24-month Term, subject to the terms, conditions and adjustments specified.
- If there is a shortfall at the end of the Term, AIML shall pay GACM 50% of the shortfall, subject to adjustments contemplated in the MoU.
Duration
The MoU is effective from September 24, 2026 and remains in force for 24 months unless terminated earlier as per its terms.
Ownership
The MoU does not transfer ownership of the product or any Intellectual Property Rights in FIRM TALK to AIML. The IP continues to remain exclusively with GACM.
Other details
- GACM holds Nil shareholding in AIML.
- AIML is not related to the promoter, promoter group or group companies, and the transaction does not fall within related party transactions.
- No board nominee or conflict of interest disclosures were reported under this arrangement.
- Any material amendment, modification or termination will be disclosed to the exchanges.
How to read it
This is a distribution arrangement rather than a completed sale. The ₹15 crore is a minimum guaranteed sale figure over two years and is subject to the MoU's terms and adjustments; actual revenue to GACM depends on sales achieved and the 50% share of Gross Revenue.
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More numbers
- Revenue share to GACM50%
- Revenue share to AIML50%
- Minimum guaranteed sale over term₹15 crore
- Term of MoU24 (twenty-four) months
- Shortfall payable by AIML to GACM50% of the shortfall
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