Privacy Policy

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Last updated on 2nd February 2024

1.  Purpose and Scope

We, Invedge Assets Private Limited, a private limited company incorporated under the Companies Act, 2013, having CIN [U66190DL2023PTC421786](“Company” or “we” or “our” or “us”), are committed to protecting the privacy of the information provider ("you" / "your" / "yourself"). We consider privacy and protection of your data/ information to be of high importance. Our practices and procedures in relation to the collection and use of your data/ information has been set-out below in this privacy policy (“Privacy Policy”).

This Privacy Policy will familiarize you with the manner in which the Company may collect, use, share, process, transfer and disclose your Personal Information. This Privacy Policy forms an integral part of our terms of use to use our website (“Terms of Use”).

The Company reserves the right, at its discretion, to change, modify, amend, add or remove portions of this Privacy Policy at any time without notice. We recommend that you review this Privacy Policy periodically to ensure that you are aware of the current privacy practices of the Company. By visiting our website https://rabbitinvest.com/. , 

you agree to be bound by the terms and conditions of this Privacy Policy (which includes the Terms of Use).

This Privacy Policy is bound by the Information Technology Act, 2000, and comply with all its provisions. In accordance with the Section 43A of Information Technology Act, 2000, Company is obliged to maintain reasonable security procedures to safeguard the user data received or provided by the User.

In accordance with Regulation 4 of the Information Technology (Reasonable Security and Procedures and Sensitive Personal Data or Information) Rules, 2011, Company is obliged to provide every Registered User of the Website/Application with a readable copy of the information that it keeps about you. If the user would like to have a copy of the same, user can reach out to Company at saksham.malik@rabbitinvest.com

Definitions

In this Privacy Policy, unless the context otherwise requires:

(i)  ‘Personal Information’ means any information that relates to a natural person which, either directly or indirectly, in combination with other information available or likely to be available with the Company, is capable of identifying such person.

(ii)  ‘Sensitive Personal Data or Information’ of a person means such Personal Information which consists of information relating to:

§  password;

§  financial information such as bank account or credit card or debit card or other payment instrument details;

§  virtual signature; for the enrollment process with BSE/RTA/KRA/AMC and it will not be used for any transactions other than filling forms for registration

§  other pictures of self and documents required for KYC 

§  any detail relating to the above Clauses as provided to the Company for providing service; and

§  any of the information received under any of the above Clauses by the Company for processing, stored or processed under lawful contract or otherwise: 

Provided that any information that is freely available or accessible in public domain or furnished under the Right to Information Act 2005 or any other law for the time being in force will not be regarded as Sensitive Personal Data or Information.

The words and expressions used in this Privacy Policy but not defined herein but defined in the IT Act or SPDI Rules will have the meanings assigned to them thereunder.

2.  Collection of information

(i)  Voluntary Submission: We collect Personal Information, Sensitive Personal Data and other information, which You voluntarily provide, such as when You contact Us with inquiries, register for access to the Platform, purchase products or services from the Platform.

(ii)  Information Collected: We collect inter alia following Personal Information and Sensitive Personal Data or Information:

Sl no.

Data being collected

Mandatory/ voluntary 

1. Name - Mandatory

2. Username - Mandatory

3. Address - Mandatory

4. Phone Number - Mandatory

5. Email Address - Mandatory

6. Password - Mandatory

7. Geo Location/ Pin Code - Mandatory

8. PAN number - Mandatory

Additionally, certain information such as information regarding whether you are Politically Exposed Person (PEP) for the purpose of money laundering act and PMLA for The Foreign Account Tax Compliance Act (FATCA), your annual income/net worth, billing information, and ask to access your social media accounts.

The collection of these KYC Information is obligatory due to regulatory requirements in order to activate and enable the online transaction(s) of mutual funds or regulatory authorities. Such KYC information shall be used / shared / maintained / accessed / stored with/by third party technology service provider / AMCs / RTAs / authorised service providers / payment gateway providers in order to enable / facilitate / complete / process online transaction(s) and report / generate statement(s) and performance report(s). Any such information will be treated as proprietary and confidential in nature by them and to be used / shared / maintained / processed by them only on need to know basis for service enablement.

To complete your profile assessment, we may ask You questions related to your age, investing experience, risk appetite for investments, income details etc. We may also ask for additional information in order to facilitate usage for certain features offered by the Platform.

(iii)  Visitor Data: We also collect technical data about Your interaction with our services. The technical data includes but is not limited to Your internet protocol address, the unique identifier of Your device, average time spent on the Platform and device information such as operating system, operating system version, browser plugins, cache, system activity, hardware settings, date and time of Your request and referral URL, and cookies that may uniquely identify Your browser, browser data, mobile application and mobile device information. The Company tracks information provided by visitor’s browser, including the website the visitor came from (known as the referring URL), the type of browser used and other information that does not personally identify any visitor of the Website. This may include installation of cookies and collection of other session data.  

(iv)  Automatically collected information: We automatically collect certain information about You and the device with which You access the Platform such as Your IP address, operating system type, browser type, referring website, pages You viewed, mobile application, mobile device information and the dates / times when You accessed the Platform. We may also collect information about action You undertake, while using the Platform.

(v)  Payment Information: You may provide payment information when You use the Platform to avail Our services such as bank account details, PAN, debit card numbers, billing information using third-party intermediary PCI-DSS compliant service providers. The payment information is provided directly by You, via the Platform, into the PCI-DSS compliant payment processing service, to which the Company subscribes and the Company does not, itself process or store the payment information. Further, these subsidiaries are not permitted to store, retain or use Your billing information for any purpose except for payment processing on Our behalf.

3.  Use and Processing of data/ information

(i)  Notwithstanding anything contained in clause 2 (i) above, the information collected by the Company may be used for a number of purposes connected with our business operations which may include the following: 

§  dealing with requests, enquiries and complaints, customer services and related activities;

§  responding to your queries and fulfilling your requests for information regarding our products;

§  offering you our new products and sending you important information regarding our products which might interest you;

§  to send to You promotional material, however, we will provide You the ability to opt-out of receiving such emails from Us. If You opt-out, We may still send You non-promotional emails, such as emails related to the Services, Your account and information on the use of the Platform;

§  ensure security on the Platform and detect any errors, fraud or other criminal or otherwise prohibited activity;

§  aggregate anonymized information to undertake market research, project planning, product development, troubleshooting, user behaviour analysis, marketing and promotional activities.

§  be compliant with Foreign Account Tax Compliant Act and other applicable laws

§  legitimate business purposes; and 

§  responding to judicial process and provide information to law enforcement agencies or in connection with an investigation on matters related to public safety, as permitted by law.

(ii)  Your data/ information will be kept confidential to the maximum possible extent and in accordance with the provisions set out herein.  

(iii)  Your use of and access to the services and the products on the Website is subject to your acceptance of the Terms of Use at https://rabbitinvest.com/ , which also involves the acceptance of this Privacy Policy. If you do not agree with the provisions of the same, you should discontinue the use of the Website immediately. 

(iv)  You are responsible for maintaining the accuracy of the information you submit to us, such as your contact information provided as part of account registration. If, your Personal Information or Sensitive Personal Data or Information changes, you may correct or delete inaccuracies, or amend information by making the change wherever possible or by contacting us at saksham.malik@rabbitinvest.com. We will make good faith efforts to make the requested changes in our then active databases as soon as reasonably practicable. If you provide any information that is untrue, inaccurate, out of date or incomplete (or becomes untrue, inaccurate, out of date or incomplete), or if we have reasonable grounds to suspect that the information provided by you is untrue, inaccurate, out of date or incomplete, we may, at our sole discretion, discontinue the provision of the services, products and the Website to you

(v)  You have right(s) not to provide any Personal Information on the Application or any third-party website(s). It is not mandatory to provide your Personal Information, however, we will be able to provide you the Services only when you disclose certain Personal Information, as requested in the process. If you intend to use the Services, it is solely at your own volition, risk and after reading and confirming and in conjunction to this Privacy Policy and any other policies as provided on the Application.

(vi)  We will retain your Personal Information or Sensitive Personal Data or Information for as long as your account is active and as needed to provide You the Services. We shall not retain such information for longer than is required for the purposes for which the information may lawfully be used or is otherwise required under any other law for the time being in force. After a period of time, your Personal Information or Sensitive Personal Data or Information may be anonymized and aggregated, and then may be held by us as long as necessary for us to provide services effectively or is otherwise required under any other law for the time being in force. 

4.  Disclosure and transfer of your Personal Information (Including Sensitive Personal Data or Information)

(i)  We do not sell or rent any Personal Information (including Sensitive Personal Data or Information). 

(ii)  We may disclose/ transfer your Personal Information (including Sensitive Personal Data or Information) to our partners, associates, service providers, dealers, sellers and third parties as necessary or appropriate: 

§  to carry out services on the Company’s behalf under contract;

§  in any manner permitted under applicable law, including laws outside your country of residence; 

§  to comply with any legal process whether local or foreign; 

§  to respond to requests from public and government authorities, including public and government authorities outside your country of residence; 

§  to enforce our Terms of Use and policies; 

§  when the Company, in its sole discretion, deems it necessary in order to protect its rights or the rights of others;

§  to protect our rights or property, privacy, safety or property, and/or that of our affiliates, you or others; and

§  to allow us to pursue available remedies or limit the damages that we may sustain.

(iii)  The Company may also disclose or transfer the Sensitive Personal Data or Information, to another third party as a part of reorganization or a sale of the assets or business of the Company. Any third party to which the Company transfers or sells its assets will have the right to continue to use such Sensitive Personal Data or Information. We do not take responsibility for the security of such third party platforms. 

5.  Information provider’s rights in relation to their Sensitive Personal Data or Information collected by the Company

(i)  All Sensitive Personal Data or Information provided to the Company by you have been voluntarily provided to us. You have the right to withdraw your consent at any time in writing by sending an e-mail to us at saksham.malik@rabbitinvest.com, in accordance with the terms of this Privacy Policy. However, please note that withdrawal of consent will not be retrospective in nature and shall only be applicable prospectively. In case you do not provide your information or consent for usage of Sensitive Personal Data or Information or subsequently withdraw your consent for usage of the Sensitive Personal Data or Information so collected, the Company reserves the right to discontinue the services for which the said information was sought.

(ii)  You may write to us at saksham.malik@rabbitinvest.com to access, review, modify or correct your Sensitive Personal Data or Information or withdraw your consent to provide Sensitive Personal Data or Information. However, we are not responsible for the authenticity of the Sensitive Personal Data or Information provided by you.

(iii)  You agree and acknowledge that certain data or information may not be corrected or is prohibited to be modified as required under any applicable law, law enforcement requests or under any judicial proceedings. In respect to such data or information, the aforementioned rights will not be available.

6.  Security Practices and Procedures

(i)  We use reasonable security measures, at the minimum those mandated under the IT Act, and read with SPDI Rules, to safeguard and protect your Sensitive Personal Data or Information and are not required to company with privacy laws of any jurisdiction other than India. You accept the inherent security implications of providing privacy to your information shared with us and you will not hold us responsible for any breach of security or the disclosure of Personal Information unless we have been grossly and willfully negligent. 

(ii)  Notwithstanding anything contained in this Privacy Policy or elsewhere, we shall not be held responsible for any loss, damage or misuse of your data/ information, if such loss, damage or misuse is attributable to a Force Majeure Event. A “Force Majeure Event” shall mean any event that is beyond our reasonable control and shall include, without limitation, sabotage, fire, flood, explosion, acts of God, pandemic or any public health emergency, civil commotion, strikes or industrial action of any kind, riots, insurrection, war, acts of government, computer hacking, unauthorized access to computer data and storage device, computer crashes, breach of security and encryption, etc.

(iii)   We assume no liability for any disclosure of Sensitive Personal Data or Information due to errors in transmission, unauthorized third-party access to our Platform and data bases or other acts of third-parties or acts or omissions beyond our reasonable control and you shall not be entitled to hold us responsible for any breach of security. In the event we become aware of any security breach, we will notify you as soon as possible and take appropriate action to the best of our ability to remedy such a breach.

7.  Grievance Redressal

Any discrepancies and grievances with respect to processing of Sensitive Personal Data or Information or any complaints in relation to the products shall be informed to the Grievance Officer as mentioned below:

Name       : Saksham Malik

Designation    : Director

Email ID     : saksham.malik@rabbitinvest.com

Mobile    : 9910189434

8.  Cookies

A cookie is a small file that may be placed on your computer's hard disk for record-keeping purposes. Cookies do not contain any information that can personally identify you. By using this Website, you agree to our use of cookies as described in this Privacy Policy. We use the following cookies: 

§  Strictly necessary cookies: These cookies are needed for the Website to work. They include, for example, the cookies that keep track of whether a visitor is logged in to the Website.

§  Analytical/performance cookies: These let us recognise and count how many visitors we receive, and how they move around our Website. This helps us improve the Website, for example, so users can easily find what they are looking for.

§  Targeting cookies: These record your visit to our Website, the pages you have visited and the links you have followed. We use this information to make our Website and the advertising displayed on it more relevant to your interests. We may also share this information with third parties for this purpose.

§  Third party cookies: Third parties may also use cookies, over which we have no control. These cookies are likely to be analytical/performance cookies or targeting cookies. Third party cookies are a condition for viewing content from services such as YouTube, LinkedIn, Facebook and Twitter.

9.  Changes to this Privacy Policy

The Company reserves the right to revise and update this Privacy Policy at its sole discretion.  Any such revisions will be effective on and from the date of posting the same on the Website and will apply to all information collected both prior to and following the effective date of this Privacy Policy.  

By entering this website and clicking the “I accept” button, the visitor consents to the terms of this Privacy Policy. By submitting his/her data/information to the Company, the visitor will be treated as having given his/her permission for processing the same in a manner provided in this Privacy Policy.