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This document is disclosed only to the recipient to whom this document is addressed and is pursuant to a relationship of confidentiality under which the recipient has obligations of confidentiality. This document constitutes confidential information and contains proprietary information belonging to APL Analyst IT Solutions Private Limited.

The confidential information is to be used by the recipient only for the purpose for which this document is supplied. The recipient must obtain express written permission from the Founders before the recipient or any other person acting on its behalf, communicate any information on the contents or subject matter of this document or part thereof to any third party. The third party to whom the communication is made includes an individual, firm or company or an employee or employees of such a firm or company. The recipient, by its receipt of this document, acknowledges that this document is confidential information and contains proprietary information belonging to the above Companies and further acknowledges its obligation to comply with the provisions of this notice. The contents of this document are provided in commercial confidence; solely for the purpose of evaluation of Collaboration. The information contained in this document represents the views and opinions of the above Companies on the issues discussed, as of the date of publication. Due to the dynamic nature of the industry and the technology that it depends upon, the Companies make no warranty as to the long-term accuracy of the assessments made herein.