Chiratae Ventures

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Privacy Policy

WITH EFFECT FROM  27 July 2023

Welcome to http://www.chiratae.com (the “Website”). This Website is owned and operated by Chiratae Ventures (hereinafter referred to as the “Chiratae” or “us” or “we”, which expression shall mean and include its officers, successors and permitted assigns). This Privacy Policy (“Privacy Policy”) sets out the privacy practices of the Company with respect to the Website.

This document is published in accordance with the provisions of the Information Technology Act, 2000 and the rules made thereunder that require publishing the rules and regulations, privacy policy and terms of use on an online portal of the Company. We request you to go through this Privacy Policy and the Terms of Use (as available on the Website) carefully before you decide to access this Website.

For the purposes of this Privacy Policy, the words “us”, “we”, and “our” refer to the Company and all references to “you”, “your” or “user”, as applicable mean the person who accesses, uses and/or participates in the Website in any manner or capacity.

The Company will not be held liable for disclosure of any information if such disclosure is in accordance with this Privacy Policy, the Terms of Use and/or applicable law. If you object to your information being transferred or used in accordance with this Privacy Policy, please do not use the Website.

All capitalized terms used but not defined herein shall have the meaning ascribed to in the Terms of Use.

  1. Information Collection

You (i.e. the user) are the sole owner of your information. The Company collects, upon you voluntarily submitting such information on the Website, certain limited personal information through the Website for providing you access to certain features or information on the Website.

  1. Children’s And Minor’s Privacy

The Company strongly encourages parents and guardians to supervise the online activities of their minor children and consider using parental control tools available from online services and software manufacturers to help provide a child-friendly online environment. These tools also can prevent minors from disclosing their personal information without parental permission. Although the Website is not intended for use by minors, the Company respects the privacy of minors who may inadvertently use the internet or the Website.

  1. Data Retention

Subject to the other terms contained in this Privacy Policy and the Terms of Use, your information will be retained with the Company until you specifically request the Company to destroy such information by way of a written request to the relevant email ID. The Company shall, upon receipt of such request from you, proceed to delete such information after carrying on internal verification procedures. Notwithstanding the foregoing, the Company will retain and use your information as necessary to comply with its legal obligations, resolve disputes, carry on audits, and enforce its agreements or for other business purposes.

  1. Change of Control

We may share your information, including your information with its employees and affiliates for internal purposes. The Company also reserves the right to disclose and transfer all such information: (i) to a subsequent owner, co-owner or operator of the Website, Website or applicable database; or (ii) in connection with a corporate merger, consolidation, restructuring, the sale of substantially all of our membership interests and/or assets or other corporate change, including, during the course of any due diligence process.

  1. Ownership of work products

Any information (including reports and articles available on the Website) provided by you through the Website may be utilized by the Company for carrying on data analytics, derivatives, and other work products. The Company shall be deemed to be the sole owner of any and all such data analytics, derivatives and work products, and may use all such data analytics, derivatives and work products for each of the purposes identified in this Privacy Policy and the Terms of Use.

  1. Non-disclosure of Information

Subject to the provisions of this Privacy Policy and the Terms of Use, the Company will not sell your personal details to anyone and your personal information will be protected and maintained confidential by the Company except in the following cases:

  • The Company may disclose your personal information in the event it is required to do so by law, rule, regulation, law, enforcement, governmental official, legal or regulatory authorities and, or, to such other statutory bodies who have appropriate authorisation to access the same for any specific legal purposes;
  • The Company may disclose your information in order to provide you access to certain features/information on the Website, enforce or apply the Terms of Use, or to protect the rights, property or safety of the Company, its users or others. This includes exchanging information with other companies / agencies that work for fraud prevention. For the avoidance of doubt, the Company shall at all times not disclose your information for its own direct or indirect gain;
  • The Company may disclose your information to such third parties to whom it transfers its rights and duties under any agreement entered into with such third parties and shall ensure that such third parties shall abide by a confidentiality agreement; and
  • The Company may disclose your information to any of its affiliates or related entity only for the purposes of providing you access to certain features/information on the Website.
  1. Exclusion

This Privacy Policy does not apply to any information other than information collected by the Company via the Website to provide you access to certain features/information on the Website. This Privacy Policy will not apply to any unsolicited information provided by you through this Website or through any other means. This includes, but is not limited to, information posted on any public areas of the Website. All such unsolicited information shall be deemed to be non-confidential and the Company will be free to use, disclose such unsolicited information without limitation.

  1. Other Links

The Website may contain links to other third-party sites (including that of Chiratae’s portfolio companies). Such third-party sites are not under the control of the Company. Please be aware that the Company is not responsible for the privacy practices of such other sites. The Company encourages you to read the privacy policies of each and every web site that collects personally identifiable information. If you decide to access any of the third-party sites linked to Website, you do this entirely at your own risk.

  1. Notification of Changes

We may update this Privacy Policy at any time, with or without advance notice. In the event there are significant changes in the way we treat your personally identifiable information, or in the Privacy Policy document itself, we will display a notice on the on the Company website or send you a notification or update of the same through electronic means either within or outside the Website, so that you may review the changed terms. As always, if you object to any of the changes to our terms, please discontinue using the Website immediately.

  1. Consent To This Policy

The Terms of Use Agreement is incorporated herein by reference in its entirety.

  1. Grievance Officer

If you have any grievance with respect to the Website including any discrepancies and grievances with respect to processing of information, you can contact our Grievance Officer at:

compliance@chiratae.com

The Grievance Officer shall redress your grievances expeditiously, within 1 (one) month from the date of receipt of grievance. Except where required by law, the Company cannot ensure a response to questions or comments regarding topics unrelated to this policy or the Company’s privacy practices.

  1. CONSENT

By consenting to the terms under this Privacy Policy, you hereby provide express consent to the Company to collect, share, transfer, store, retain, disseminate or use the information collected by the Company from your usage of the Website in accordance with the terms of the Privacy Policy. The Company will continue to retain information provided by you until you specifically request the Company to destroy such information. You may, at any time, withdraw consent for the collection or processing of any information provided by you, by sending an email to contact@chiratae.com. Upon verification of such request, the Company may, subject to its obligations pursuant to law, destroy all information provided by you from its servers. However, please note that the Company shall continue to retain a copy of the information provided by you for the purpose of carrying out periodic audits and shall during such time that a copy of the information is retained, continue to abide by this Privacy Policy and the Terms of Use. In such a case, the Company shall also instruct its partners/ clients to delete any copy of your information.

You have read this privacy policy and agree to all of the provisions contained above