*NO PURCHASE NECESSARY TO ENTER OR WIN. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. Application phase begins at the time the application form is available through https://fbindiastartupday.splashthat.com/ & ends October 1, 2018 at 11:59:59 p.m. Indian Standard Time. Only open through individuals who are legal residents of India and at least the age of majority in their jurisdiction of residence who are acting on behalf of a legal entity (the “Entrant”) that: (a) is formed under the laws of India and has been operating as a registered company under Indian laws for at least 6 months prior to the start of the application period; (b) have at least one (1) full time employee (a person that maintains standard business hours working on the technology or venture-at a minimum, Monday through Friday, 8 hours per business day); and (c) the product or technology the Entrant is offering for consideration (i) provides a functionality or capability not currently available in any off the shelf product, or a functionality/capability that can be demonstrated to possess a significant advantage over current offerings in some aspect, and (ii) represents original ideas wholly owned with freedom to use or is licensed by the Entrant.
5 awards will be provided as described at https://fbindiastartupday.splashthat.com/. Within each award category, the application with the highest score among these criteria will win the award (subject to verification):
(1) Solution Innovativeness (Weightage - 30%): How creative, novel, and feasible is the solution that the startup is bringing to market?; (2) Current Market Traction (Weightage - 30%): What is the traction that the startup has gained with customers so far?; and (3) Potential for Impact (Weightage - 40%): How much market opportunity/size is the startup poised to capture through its solutions?.
Void where prohibited by law. SUBJECT TO FULL OFFICIAL RULES AT https://fbindiastartupday.splashthat.com, which contain important content restrictions and requirements, including permission for Sponsor to communicate publicly about Entrant in connection with its participation in the awards program. Awards have no retail value.
Sponsor: FCL Tech Limited, 4 Grand Canal Square, Grand Central Harbor, Dublin 2, Ireland (“Facebook”).