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LaabhAI terms of use

Version 1.0 — 27 Sep 2026 — draft prepared in-house at the founder's instruction; not a substitute for advice from a qualified Indian lawyer.

Not yet in force; binds you only once you accept it in setup. Replaces terms-free-tool.md.

An agreement between you and AgentCo (Aman Garg, sole proprietor), India ("we", "us"). Notices: by email to hello@agentco.in (the address for every notice under this agreement). The risk disclosure, privacy notice and acceptable use rules form part of these terms.

1. What LaabhAI is

1.1 LaabhAI is free, open-source software that runs on your own computer, using your own Zerodha account and login and your own Claude subscription.

1.2 LaabhAI carries out the rules and settings you chose (the rulebook, the money you told it to manage, the loss limits and the mode) in your own broker account. We do not run it for you, and we cannot see, place, change or cancel anything in your account.

1.3 You choose how it acts:

  • Paper: a simulation. Nothing reaches your broker.
  • Watch: reports from your real account. No orders are ever sent.
  • Confirm: every order waits for your approve <tag> reply on Telegram.
  • Live (autonomous): orders are placed inside your rules without asking each time. Only you can switch it on, by typing an acknowledgement that real money is at risk (--i-understand-the-risks, at setup or with laabh go-live).

1.4 Our test results are advice, not a lock. LaabhAI runs two tests on itself: a historical test (the "backtest gate") and 20 clean trading days in a row in Paper mode (the "paper gate"). Their results are shown to you (laabh gate) whenever you choose or run a real-money mode. They inform your choice; they do not stop you. As of 27 Sep 2026 the backtest gate has not passed. Paper mode is the default and what we recommend first. Live mode starts at half the computed size until 20 clean live days pass. A test passing means the system ran safely in a test, not that the rules will make money.

2. Who may use it

2.1 You may use LaabhAI only if all of these are true:

  • you are 18 or older and able to enter a binding contract under Indian law;
  • you are resident in India;
  • you hold a Zerodha trading and demat account in your own name; and
  • you use LaabhAI only on that account, for your own money.

2.2 Each person must install LaabhAI and accept these terms themselves. Do not run it for anyone else.

3. What LaabhAI is not

3.1 LaabhAI is not investment advice, research, a recommendation or a tip. Nothing it shows you is advice to buy or sell anything.

3.2 We are not registered with SEBI as an investment adviser, research analyst, portfolio manager or algo provider, and we are not a broker. LaabhAI is not "SEBI-approved": SEBI does not approve software of this kind.

3.3 There is no promise of profit. You can lose some or all of the money you use with LaabhAI. Past results, including backtests and paper trading, do not predict future results.

3.4 We never hold your money, securities or broker login.

4. Your responsibilities

You agree to:

4.1 follow your broker's terms (including Kite Connect or Kite MCP) and SEBI and exchange rules, including any static IP rule for API orders;

4.2 pay your own taxes, broker charges, exchange charges, data fees and subscriptions (such as Claude), and keep your own tax records;

4.3 watch what LaabhAI does: read its reports, check your broker account regularly, and stop it (/halt, laabh halt or the halt file) when something looks wrong;

4.4 keep the computer running LaabhAI on, awake and online in market hours if you want it to act (it cannot act otherwise);

4.5 keep that computer, your Zerodha login, your Claude account and your Telegram bot secure, and never share your bot token or let anyone else approve orders for you; and

4.6 give accurate answers during setup.

5. Risks you accept

5.1 You have read the risk disclosure and accept the risks it describes, including market losses, software bugs (even in the safeguards), wrong or late data, outages at Zerodha, Telegram, Claude or your internet connection, and mistakes by the AI research layer. The loss limits stop new buys; they do not stop the price of what you already hold from falling.

5.2 LaabhAI writes every action to an audit log on your computer, each line carrying a fingerprint (hash) of the one before. You agree that this log and your broker's records are the primary record of what LaabhAI did; where they disagree, your broker's records prevail.

6. Indemnity

6.1 You agree to indemnify us (make good our loss) against any loss, damage, cost, claim or penalty, including reasonable legal fees, that we suffer because of:

  • your breach of these terms or the acceptable use rules;
  • your use of LaabhAI for another person's account or money, or as a service to others;
  • a version of LaabhAI you modified, or one with its safeguards removed or bypassed; or
  • your breach of any law, broker terms or exchange rule.

6.2 This is a contract of indemnity within the meaning of section 124 of the Indian Contract Act, 1872. It does not cover loss caused by our own fraud, wilful misconduct or gross negligence.

6.3 Trading losses in your own account from using LaabhAI as distributed, within these terms, are your own risk under clause 5; this clause does not ask you to pay us anything for them.

7. Limit on our liability

7.1 LaabhAI is given to you free of charge. To the extent Indian law allows, we are not liable for:

  • trading losses, lost profits or missed opportunities;
  • losses caused by your broker, Telegram, Anthropic, internet providers or market data sources;
  • losses from a modified version of LaabhAI; or
  • indirect or consequential loss.

7.2 In any other case, our total liability to you for all claims is limited to ₹1,000 or the total amount you paid us in the 12 months before the claim, whichever is higher.

7.3 Nothing in these terms limits liability for fraud, wilful misconduct, death or personal injury caused by negligence, or any liability that cannot be limited under Indian law.

7.4 This clause is not absolute. The Consumer Protection Act, 2019 defines an "unfair contract" (section 2(46)), and a Consumer Commission can declare unfair terms void (section 49(2)). We have drafted this clause to be reasonable for a free, self-run tool we never control; clause 14 keeps the rest of these terms in force if any part is set aside.

8. No warranty

8.1 LaabhAI is provided "as is", without warranty of any kind, express or implied, including fitness for a particular purpose, accuracy or error-free operation, as in its MIT licence.

9. Open-source licence

9.1 The software is released under the MIT licence (the LICENSE file). The licence governs your rights to use, copy, change and share the code. If these terms and the licence conflict about those rights in the code, the licence prevails.

9.2 You may change the code. If you run a changed version, you do so entirely at your own risk, these terms' description of the safeguards no longer applies to it, and you must not call it "LaabhAI" when you share it or describe it to others.

10. Stopping and withdrawal

10.1 You can stop using LaabhAI at any time: run laabh halt and laabh stop, then follow docs/uninstall.md. Orders already sent to your broker, and stop-loss orders (GTTs) already placed there, stay at your broker until you cancel them.

10.2 We may stop developing LaabhAI or withdraw a version, downloads, support or telemetry at any time, with notice on the project page where we can.

10.3 Clauses 5 to 9 and 11 to 15 survive the end of this agreement.

11. Changes to these terms

11.1 Each version of these terms has a number and a date. The version shipped with the copy of LaabhAI you run is the one that applies to it.

11.2 When a new version needs your acceptance, setup shows it and asks you to accept again. The LaabhAI background program will not start until you accept the new version, and it tells you why in one line. If you do not accept, stop using that version.

12. Governing law and courts

12.1 These terms are governed by the laws of India.

12.2 Subject to clause 12.3, the courts at Gurugram, Haryana have exclusive jurisdiction. [Aman's choice: confirm Gurugram before publication.]

12.3 Nothing in this clause removes any right you have under the Consumer Protection Act, 2019 to file a complaint where you live.

13. Grievances

13.1 Send any complaint or question about these terms to hello@agentco.in (grievance contact: Aman Garg). We will acknowledge it within 7 days and respond in substance within 30 days.

14. Severability

14.1 If a court or commission finds any part of these terms invalid or unenforceable, that part is read down to the smallest extent needed, and the rest stays in force.

15. Entire agreement

15.1 These terms, the risk disclosure, the privacy notice, the acceptable use rules and the MIT licence are the whole agreement between you and us about LaabhAI. They replace any earlier draft, message or statement, including on a website or social media.

LaabhAI executes the rules you configured in your own account; it is not investment advice; losses are possible.