TERMS OF USE
WITH EFFECT FROM 27 July 2023
Thank you for visiting the website of Chiratae Ventures (“Chiratae”, “we” or “us”) available at https://www.chiratae.com (“Website”). These terms of use (“Terms”) govern your access to and use of the Website and any information, content and / or services offered on the Website. These Terms constitute an electronic record in terms of the Information Technology Act, 2000 and rules thereunder. By accessing or using the Website, you agree to be legally bound by these Terms, as amended from time to time. If you do not agree to abide by these Terms for any reason, please do not use the Website.
Disclaimers
THE WEBSITE AND ALL CONTENT THEREIN IS PROVIDED “AS IS,” AND MAY NOT BE RELIED UPON FOR ANY PURPOSE, AND IS NOT SUBJECT TO EXPRESS OR IMPLIED WARRANTIES OF ANY KIND. Chiratae and its officers, directors, managers, partners, members, shareholders, employees, affiliates and agents (collectively, the “Chiratae Parties”) make no representations or warranties and specifically disclaim any and all warranties of any kind, express or implied, with respect to the Website and any content therein, including any representations or warranties with respect to merchantability, fitness for a particular purpose, title, non-infringement, availability, security, accuracy, freedom from viruses, malware or other damaging software, completeness, timeliness, functionality, reliability, sequencing or speed of delivery.
The Website also contains third-party information (including description of business activities of Chiratae’s portfolio companies) on an as is basis, based on the information provided by such third parties and no part of such information has been validated or verified by us. All such third-party information is typically provided in a summary form, does not purport to be complete and may not include a complete list or description of all of Chiratae’s portfolio companies. Chiratae disclaims all warranties as to the accuracy, completeness, or adequacy of all such third -arty information.
In connection with our investment activities, we often become subject to confidentiality obligations to funds, investors, portfolio companies and other third parties. Any statements we make on the Website may be impacted by those confidentiality obligations, and as a result we may be prohibited from making full disclosures. Without limitation on the effect of other warnings and disclaimers set forth in these Terms, you should interpret any statements we make (on the Website or otherwise) in that context.
The Website (and the information contained therein) is solely for general, informational purposes and not for providing tax, accounting, regulatory, legal, insurance or investment or other advice. Nothing on the Website is intended to constitute or forms a part of (i) an offer, or solicitation of an offer, to purchase or sell any security, asset or service, (ii) investment advice or an offer to provide such advice, or (iii) a basis or recommendation for making any investment decision or pursuing any investment strategy. If you need investment, accounting, tax or legal advice, please consult with your financial advisors, accountants or attorneys regarding your individual circumstances and requirements. No information, whether oral or written, obtained by you through or from the Website or from any conversation with staff of Chiratae or a professional consultant will have the effect of varying this disclaimer. Any decisions you may take based on information contained on the Website are your sole responsibility. Chiratae disclaims all liability to any person relying on the information contained in this communication in respect of any loss or damage (including consequential loss or damage), however caused, which may be suffered or arise directly or indirectly in respect of such information.
Chiratae and/or its affiliates provides non-binding investment advice to certain Chiratae funds and their fund managers / advisors. Any performance data or comments expressed on the Website are an indication of past performance. Past performance is not indicative of future results and Chiratae makes no representation that any investment advice or strategy will or is likely to achieve profits or losses similar to those achieved in the past, or that significant losses will be avoided.
All content on the Website is presented only as of the date published or indicated, and may be superseded by subsequent market events or for other reasons. Any transactions described on the Website are for illustrative purposes only, and may not be representative of all activities engaged in by Chiratae.
Although certain individuals may be identified on the Website as ‘venture partner’, ‘director’, or ‘executive director’, such titles reflect business usage that is customary within the venture capital and private equity industry and are not intended to indicate that any such individual is actually a partner of any partnership or director of any company as those terms are used for legal purposes.
Restrictions On Use
You agree not to:
- interfere or attempt to interfere with the functioning of the Website or any activity being conducted on the Website,
- restrict or inhibit any others from using the Website,
- attempt to decipher, decompile, disassemble or reverse engineer any of the software comprising or making up the Website,
- exploit any of the Content commercially, forward it as a mass distribution, post it on another site, or otherwise copy, distribute, delete or modify any portion of the Website,
- violate any law, regulation, rule or the intellectual property or contractual rights of others, or attempt to violate the security of the Website or use or gain access to the identities, information or computers of others through the Website,
- frame or link to any of the materials or information available on the Website,
- transmit any virus, worm, time bomb or similar system interference or corruptant through the Website.
The permission to use the Website granted by these Terms shall automatically terminate if you breach any of these Terms, without the requirement of notice or other action and you will be fully liable for all claims and causes arising from or relating to your continue use of the Website after such breach.
Intellectual Property
All content on the Website, whether separate or compiled, including, but not limited to, text, graphics, audio-visual works, logos, buttons, images, digital downloads, data compilations, software, icons, html code and xml code, as well as all copyright, patent, trademark, trade dress, and other rights therein, are owned or licensed by Chiratae and its third-party information providers, and are protected by Indian and international intellectual property laws. In particular, all our trademarks, trade names and logos as displayed on this Website are proprietary to Chiratae or its affiliates . Nothing contained on the Website should be construed as granting, by implication, estoppel, or otherwise, any license or right to use, copy or display any content or trademark displayed on the Website without the written permission of Chiratae or such other party that may own the content or trademark displayed on the Website.
Third-Party Sites
The Website may contain links or references to or be linked from websites operated by third parties. We do not endorse, verify, monitor, have any responsibility for, or make any representations about, any other sites, including their owners/operators, products and services, content, communications and website use policies. Any access to, or use of, a third-party site is solely at your own risk and we expressly disclaim any responsibility in this regard.
Username and Password
Access to certain features or portions of the Website may be protected by passwords or require a registration / login. You agree to provide Chiratae with current, complete, and accurate information about you as prompted by the applicable registration process and agree to regularly update this information to maintain its completeness and accuracy. You agree to use the Website to access only those accounts on which you are authorized to act. You are entirely responsible for maintaining the confidentiality of the information you hold for your account, including your password, and for any and all activity that occurs under your account as a result of your failing to keep this information secure and confidential. It is your responsibility to notify us immediately of any unauthorised or suspicious conduct concerning your account or password, or any other breach of security as soon as you become aware of it. Chiratae will not be liable for any loss or damage arising from your failure to comply with these obligations.
Transmissions To And From The Website
Electronic communications can be intercepted by third parties and, accordingly, transmissions to and from the Website may not be secure. Chiratae makes no warranty to you regarding the security of the Website, including with regard to the ability of any unauthorized persons to access information received or transmitted by you through or from the Website.
Business Plans
We will take reasonable precautions to protect the confidentiality of such business plans. However, we cannot guarantee the security and confidentiality of any information or materials you submit to us, and shall not be held responsible or liable for any unauthorised use, disclosure or access to such information or materials. Please consider this carefully before sending us any information that you deem confidential or proprietary.
Please be advised that we receive many similar plans and ideas, and idea submitted by you may already have been submitted to us or be under consideration by us. We are not limited or restricted in any way from pursuing opportunities with others. We also reserve the right to turn down investment opportunities.
Limitation Of Liability
In no event shall the Chiratae Parties be liable to any party for any claims, liabilities, losses, costs or damages under any theory, including but not limited to any direct, indirect, punitive, special, incidental, or consequential damages arising out of in connection with any access, use (or inability to use), reliance upon or distribution of the Website, or any content therein.
Indemnification
You agree to defend, indemnify, and hold harmless the Chiratae Parties from and against any claims, actions or demands, including, without limitation, reasonable legal and accounting fees, arising or resulting from your breach of these Terms or your access to, use, or misuse of the Website or content therein. Chiratae reserves the right to assume the exclusive defence and control of any matter which is subject to indemnification under this provision. In such case, you agree to cooperate with any requests assisting Chiratae’s defence of such matter.
International Use
The Website is operated and controlled by Chiratae in the Republic of India. Access to the Website from countries or territories where such access is illegal, is prohibited. All persons and entities accessing the Website do so of their own initiative and are responsible for compliance with applicable local laws and regulations.
Amendments and Termination
Chiratae reserves the right to cease providing, or to change, the Website and content of such information (or any portion or feature thereof) at any time or frequency and without notice. We reserve the right to modify these Terms at any time without notice. Please check these Terms periodically for any changes. Your continued use of the Website after any such changes constitutes your binding acceptance of such changes.
Chiratae may terminate your access to the Website at any time for any reason. The provisions regarding disclaimer of warranty, accuracy of information, and indemnification shall survive such termination.
Governing Law
These Terms and the Website shall be governed by and construed in accordance with all applicable laws of India. All disputes arising out of or in connection with these Terms or use of the Website shall be submitted to the exclusive jurisdiction of the courts of Bengaluru, India.
Entire Agreement and Severability
If any provision of these Terms is deemed unlawful, void, or unenforceable, then that provision will be deemed severable from these Terms and will not affect the validity and enforceability of the remaining provisions. These Terms of Use represent the entire agreement between you and Chiratae relating to the subject matter herein.
Please feel free to contact us at contact@chiratae.com with any questions you might have regarding these Terms.