MAHESHWARI & CO. successfully assisted an Indian entity—an innovative startup leveraging artificial intelligence (AI) to enhance road safety and traffic management. Established in 2017 and headquartered in New Delhi, India, the Client specializes in AI-driven solutions that create smarter, safer urban environments.
At the core of the Client’s technology is an advanced dashcam system that captures real-time visual data. This data is processed through sophisticated AI algorithms to monitor driver behavior, detect traffic violations, and assess road conditions. These insights empower city administrations and businesses to make data-driven decisions that improve infrastructure and streamline traffic flow.
Our Firm provided end-to-end legal support to the Client in establishing a joint venture with an Indian partner to facilitate its expansion into the Indian market. We advised on the overall structure of the joint venture, ensuring compliance with applicable regulations and safeguarding the Client’s strategic interests. Additionally, we played a pivotal role in drafting and negotiating critical agreements, including the Joint Venture Agreement and Technology Transfer Agreement. Our team also provided guidance on corporate structuring and intellectual property protection to secure the Client’s innovative technology.
Beyond structuring the joint venture, our Firm assisted in addressing various legal and regulatory matters to ensure a seamless and legally sound collaboration. This engagement underscores our expertise in corporate law, strategic deal structuring, and navigating regulatory frameworks to support pioneering businesses in their expansion efforts.
This matter was expertly handled by Ms. Jyotsna Chaturvedi (Head-Corporate Practice), with assistance from Senior Associate Sheetal Patodiya.