Last updated: June 9, 2026 · Effective immediately upon publication
Plain English summary: GridShare is a peer-to-peer marketplace that connects idle GPU owners (Providers) with people who need GPU compute (Buyers). We are a technology intermediary — we do not own any hardware. By using GridShare you accept these Terms in full. Read them carefully, especially Sections 10–11 which limit our liability.
GridShare ("we", "our", "us", "the Platform") is operated by Quartusbrain Ideas Private Limited, a company incorporated under the Companies Act, 2013 in India on 3 July 2026 (CIN: U62011TN2026PTC194854). Our registered office is at 1A, Crystal Kasthuri Apartments, Z Block, 6th Avenue, Anna Nagar, Chennai 600040, Tamil Nadu, India.
GridShare is a technology marketplace and intermediary as defined under the Information Technology Act, 2000 (as amended) and the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. We do not own, operate, manage, or control any GPU hardware listed on our Platform. We provide the technology platform, payment processing coordination, and matching services only.
The Platform connects:
Providers are independent contractors, not employees, agents, or partners of GridShare. GridShare is not responsible for the acts, omissions, hardware reliability, data security practices, or conduct of any Provider.
By creating an account, accessing, or using GridShare, you agree to be bound by these Terms of Service ("Terms"), our Privacy Policy, and our Refund and Cancellation Policy. If you do not agree, do not use the Platform.
You must be at least 18 years of age to use GridShare. By registering, you represent and warrant that:
GridShare reserves the right to decline registration or suspend any account at its sole discretion, without notice or reason.
As a Provider, you represent and warrant that you own, or have the full legal right to share and commercialise, all hardware you list on GridShare. You are solely responsible for:
You may pause or disconnect your node at any time. However, disconnecting during an active Buyer session may result in: (a) a reduction in your reliability score; (b) financial penalties that GridShare may deduct from your pending earnings to compensate the affected Buyer.
Provider earnings are calculated based on verified compute time delivered to Buyers. The Platform fee charged by GridShare, and the Provider's share of compute revenue, are as displayed on your Provider dashboard at the time of each session. GridShare reserves the right to adjust Platform fees with 30 days' prior notice.
GridShare is an e-commerce operator as defined under Section 194O of the Income Tax Act, 1961. When your cumulative earnings exceed ₹30,000 in a financial year, GridShare will deduct Tax Deducted at Source (TDS) — at 1% for Providers who have furnished a valid PAN, and at 20% for Providers who have not (per Section 206AA). TDS is deposited with the Income Tax Department on your behalf. A Form 16A certificate is made available annually. TDS deduction by GridShare does not discharge your full income tax liability; you remain responsible for filing your own tax return.
GridShare does not inspect, log, or control what Buyers run on Provider hardware. Providers must not attempt to access, copy, intercept, or interfere with any Buyer's data or workloads. Violation will result in immediate permanent account termination and may be reported to law enforcement.
As a Provider, you agree that you will:
Payment for delivered compute only: Providers are paid only for compute time actually delivered, measured up to the last verified heartbeat or checkpoint recorded by the Platform. Intentional disconnection or termination of an active Buyer session by the Provider forfeits earnings from that moment onward. Session failures caused by a Buyer's own code are not the Provider's fault and are not refundable to the Buyer.
GridShare operates on a fully prepaid basis. You must maintain a positive wallet balance to use compute. Billing is per second for all running instances at rates shown before launch. Instance launch time is typically 30–90 seconds; launch time is not guaranteed. When your balance reaches zero, all running instances are automatically and immediately stopped. GridShare is not liable for any loss of data, work, or revenue resulting from automatic instance termination due to insufficient balance.
GridShare Community nodes are operated by independent Providers on consumer-grade hardware and internet connections. GridShare makes no representation, warranty, or guarantee of any kind regarding uptime, latency, throughput, data persistence, hardware consistency, or continuous availability of Community nodes. If you require guaranteed performance, you must use verified enterprise-tier nodes where available and clearly labelled.
Use of Community nodes is entirely at your own risk. GridShare's liability for Community node failures is limited exclusively to Section 10 of these Terms.
You are solely and exclusively responsible for:
GridShare does not monitor, inspect, or retain the contents of your compute workloads and has no knowledge of what you process on Provider hardware. You use the Platform at your own risk.
All payments are processed by Razorpay Software Private Limited, a licensed payment aggregator regulated by the Reserve Bank of India. By adding funds to your wallet, you also agree to Razorpay's Terms of Service. GridShare is not responsible for payment processing failures, delays, or disputes that originate with Razorpay's infrastructure.
GridShare may offer bonus credits through referral programmes, student verification, GSTIN verification, promotional campaigns, or other means. All bonus credits:
The full details of our refund and cancellation practices are set out in our Refund and Cancellation Policy, which forms part of these Terms. The following principles apply:
The GridShare name, logo, product names, platform design, and software are the intellectual property of Quartusbrain Ideas Private Limited. You may not use our branding, trademarks, or technology without prior written permission.
Any Docker images, models, datasets, code, or other content you run or store on GridShare remain your intellectual property. GridShare claims no rights over your workloads or outputs. You grant GridShare a limited licence to process and transmit your content solely to the extent necessary to provide the Platform services.
You must not use GridShare for any of the following prohibited activities:
Violation of this section may result in account termination and forfeiture of earnings from the period during which the prohibited use occurred, and may be reported to the relevant law enforcement authorities. For a first-time minor violation, GridShare will provide written notice and a 7-day period to cure the violation before termination. However, cryptocurrency mining, CSAM, malware distribution, deepfake/non-consensual intimate imagery, and sanctions violations result in immediate account termination without refund and without any cure period. GridShare reserves the right to cooperate fully with any lawful investigation.
Your use of GridShare is governed by our Privacy Policy, which explains what personal data we collect, how we use it, and your rights. The Privacy Policy is incorporated into these Terms by reference.
Important — please read carefully. This section significantly limits GridShare's liability. If you do not accept these disclaimers, do not use the Platform.
The GridShare Platform is provided "as is" and "as available" without any warranty, representation, or guarantee of any kind, express or implied, including but not limited to:
To the maximum extent permitted by applicable Indian law, GridShare, its directors, officers, employees, and agents shall not be liable for:
GridShare's total aggregate liability to any user for any and all claims arising from or relating to these Terms or the Platform shall not exceed the greater of: (a) the total fees actually paid by that user to GridShare (not including amounts earned by Providers) in the three (3) months immediately preceding the claim; or (b) ₹5,000.
This limitation applies to the fullest extent permitted by law, regardless of the form of action (contract, tort, strict liability, or otherwise).
GridShare shall not be liable for any failure or delay in performance arising from circumstances beyond its reasonable control, including but not limited to: acts of God, floods, earthquakes, storms, epidemics or pandemics, wars, civil unrest, government action, internet infrastructure failures, power grid failures, failures of third-party cloud or payment infrastructure (including DigitalOcean and Razorpay), or cyberattacks directed at GridShare's systems.
GridShare is an intermediary within the meaning of Section 2(1)(w) of the Information Technology Act, 2000 and is entitled to the protections of Section 79 of that Act. GridShare is not liable for any third-party content, workloads, data, or communications transmitted or stored through the Platform by Providers or Buyers.
You agree to indemnify, defend, and hold harmless Quartusbrain Ideas Private Limited and its directors, officers, employees, agents, and licensors from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable legal fees) arising from or relating to:
GridShare may suspend or terminate your account immediately, without notice, if you violate these Terms, engage in fraudulent activity, or if we determine in our sole discretion that your account poses a risk to the Platform, other users, or third parties.
You may request account closure at any time by emailing support@gridshare.in. Upon account closure:
These Terms are governed by the laws of the Republic of India.
Before initiating any proceedings, you agree to: (a) notify GridShare in writing at support@gridshare.in describing the dispute in detail; and (b) participate in good-faith mediation for a period of 30 days from the date of notice.
Arbitration: Any dispute not resolved through mediation shall be referred to and finally resolved by arbitration under the Arbitration and Conciliation Act, 1996, before a sole arbitrator appointed by mutual agreement of the parties (failing agreement, as provided under the Act). The seat and venue of arbitration shall be Chennai, Tamil Nadu, India, and proceedings shall be conducted in English. Subject to the foregoing, the courts of Chennai, Tamil Nadu, India shall have exclusive jurisdiction.
Class and collective actions: You agree that you may only bring claims against GridShare in your individual capacity, and not as a plaintiff or class member in any purported class action, collective action, or representative proceeding. Any dispute must be resolved on an individual basis.
GridShare reserves the right to modify these Terms at any time. For material changes (changes that meaningfully affect your rights or obligations), we will provide at least 7 days' advance notice via email and/or in-app notification. For non-material changes (corrections, clarifications, legal updates), we may update these Terms without prior notice. Continued use of the Platform after the effective date of any updated Terms constitutes your acceptance of those changes.
These Terms, together with the Privacy Policy and Refund Policy, constitute the entire agreement between you and GridShare with respect to the Platform and supersede all prior agreements, representations, and understandings.
If any provision of these Terms is found to be unenforceable or invalid by a court of competent jurisdiction, that provision shall be modified to the minimum extent necessary to make it enforceable, and the remaining provisions shall continue in full force and effect.
GridShare's failure to enforce any right or provision of these Terms shall not constitute a waiver of that right or provision. No waiver of any breach shall be deemed a waiver of any subsequent breach.
Sections 7 (Intellectual Property), 8 (Prohibited Uses), 10 (Disclaimers), 11 (Indemnification), 13 (Governing Law), and 15 (General Provisions) shall survive the termination or expiry of these Terms and any account closure.
You may not assign or transfer any of your rights or obligations under these Terms without GridShare's prior written consent. GridShare may assign its rights and obligations under these Terms to any successor entity in connection with a merger, acquisition, restructuring, or sale of all or substantially all of its assets, without notice to or consent from you.
In accordance with the Information Technology Act, 2000 and the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021, GridShare has appointed a Grievance Officer to address user complaints.
Grievances related to data privacy should be directed to support@gridshare.in.