This memorandum of understanding establishes an agreement between Electronics Technology Parks Kerala (Technopark) and MobME Wireless Solutions Private Limited (MobME) to jointly set up an Indian Telecom Innovation Hub - Technology Business Incubator (ITIH-TBI) in public-private partnership mode. The roles of each party are defined, with Technopark providing administrative guidance and infrastructure support, and MobME responsible for vision, execution, management and fundraising for ITIH-TBI. Liabilities are also allocated, with Technopark bearing no financial responsibility and MobME being liable for any losses or awards against ITIH-TBI. The MOU takes effect upon signing by authorized representatives of both parties.