THESE TERMS OF SERVICE (“TERMS”) GOVERN YOUR SUBSCRIPTION TO THE INVESTORAI PORTFOLIOS (“INVESTORAI PORTFOLIO, “SERVICES”). PLEASE READ THESE TERMS CAREFULLY AND CONTACT US IF YOU HAVE ANY QUESTIONS. YOU HEREBY AGREE TO BE BOUND BY THESE TERMS.
InvestorAi Portfolios are made available to you by InvestorAi Analytics India LLP. These Terms constitute a legal agreement between you (“you”) and InvestorAi Analytics India LLP (“InvestorAi”, “we”, “our”, “us”).
Regulatory Disclosures
InvestorAi Analytics India LLP is a SEBI registered Research Analyst under the SEBI (Research Analyst) Regulations, 2014 (“RA Regulations”) under registration no INH200008583. InvestorAi’s registered address is Innov8, Tower A, 5th floor, Mantri Commercio, Kariyamna Agrahara, PO Bellandur, Bangalore, Karnataka -560103. Telephone number +91 8217538719.
We have registration and qualifications required to render the Services contemplated under the RA Regulations and the same is valid and subsisting and that the research services shall be rendered in accordance with the applicable provisions of the RA Regulations.
The Services provided by us do not conflict with or violate any provision of law, rule or regulation, contract, or other instrument to which we are a party or to which any of our property is or may be subject.
The maximum fee that may be charged by us is ₹1.51 lakhs per annum from you and your family.
We are not engaged in the business of investment advice, merchant banking, investment banking or any brokerage service.
InvestorAi has never been suspended or debarred from doing business by any Stock Exchange or SEBI or any other authorities, nor has its certificate of registration been cancelled by SEBI at any point of time.
Registration granted by SEBI, and certification from NISM in no way guarantee performance of the InvestorAi or provide any assurance of returns to you.
The terms and conditions and the consent thereon are for the Services provided by us and we cannot execute/ carry out any trade (purchase/ sell transaction) on behalf of you. Thus, you are advised not to permit us to execute any trade on your behalf.
AI Disclosure
The information, insights and portfolios made available by us are outputs of mathematical models generated by our AI and are drawn and made available from available historical data, including financial data.
Rebalance selections are based on recommendations generated by InvestorAi’s proprietary technology-based insights. All recommendations are reviewed before inclusion in a basket to account for any potential adverse impacts not considered in the models, e.g., corporate actions.
Subscription
By subscribing to InvestorAi Portfolios and accepting delivery of our Services, you confirm that you have elected to subscribe the InvestorAi Portfolios at your sole discretion. Further, you have read and understood the terms and conditions applicable to a research analyst as defined under regulation 2(1)(u) of the SEBI (Research Analyst) Regulations, 2014, including the fee structure.
And you are subscribing to the Services of InvestorAi for your own benefits and consumption, and any reliance placed on the research reports provided by InvestorAi shall be as per your own judgement and assessment of the conclusions contained in the research reports.
InvestorAi Portfolios are strictly confidential and is being furnished to you solely for your information. This information should not be reproduced or redistributed or passed on directly or indirectly in any form to any other person or published, copied, in whole or in part, for any purpose. InvestorAi Portfolios is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject InvestorAi and associates to any registration or licensing requirements within such jurisdiction. The distribution of InvestorAi Portfolios in certain jurisdictions may be restricted by law, and persons in whose possession this report comes, should observe, any such restrictions. The information given in InvestorAi Portfolios is as of the date of issuance and there can be no assurance that future results or events will be consistent with this information. This information is subject to change without any prior notice.
Risk
You also understand that –
Any investment made based on the recommendations in the InvestorAi Portfolios are subject to market risk and you should read all the related documents carefully before investing.
Recommendations in the InvestorAi Portfolios do not provide any assurance of returns.
There is no recourse to claim any losses incurred on the investments made based on the recommendations in the InvestorAi Portfolios.
Past performance does not guarantee future returns.
Any advice contained on by us is general advice only and we do not tell you whether any investment is suited to your personal circumstances, objectives, risk appetite or financial situation. Before making any investment decision, you should consider whether it is appropriate for your situation and seek professional advice.
Conflicts
The associates of InvestorAi, as per the definition of Regulation 2 (1) (b) of the SEBI (Intermediaries) Regulations, 2008 consist of Bridgeweave Limited, a company registered under the provisions of the UK Companies Act 2006 and Bridgeweave India Private Limited, a company registered under the provisions of the Indian Companies Act, 2013.
We confirm that we/our associates have not:
received any compensation from the companies included in the research reports (subject company(ies) in the past twelve months.
have not managed or co-managed public offering of securities for the subject company(ies) in the past twelve months.
have not received any compensation for investment banking or merchant banking or brokerage services from the subject company(ies) in the past twelve months.
have not received any compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company(ies) in the past twelve months.
have not received any compensation or other benefits from the subject company(ies) or third party in connection with the research report.
have not engaged in the market making for any of the subject company(ies).
Further, we/our associates do not have any financial interest in the subject company (ies being recommended in our research reports and do not have actual/beneficial ownership of 1% or more securities of the subject company(ies), at the end of the month immediately preceding the date of publication of these recommendations.
we/our associates do not have any material conflict of interest at the time of publication of these recommendations.
Fees
You can choose to access the InvestorAi Portfolios for a fee, payable on a one-off or recurring basis. The following terms apply:
Payments are made online and are handled by a third-party payment service. Payment card details are not stored on InvestorAi’s systems.
We reserve the right to change our pricing at any time and with reasonable notice to you. At the end of the notice period, your next billing period payment will be at the revised price.
If you choose a recurring payment, your subscription will automatically continue on a quarterly basis until you cancel it by sending us a notice of termination through the Platform or email in accordance with the Termination clause below.
If you stop paying for your subscription, or your payment card is declined or has expired, we may suspend or terminate your access to the Platform immediately without any liability to you.
Termination
Parties may terminate this Agreement by providing written notice of termination to the other Party at least 30 days prior to the end of any calendar quarter. Such notice of termination will be effective at the end of the relevant quarter.
In the event of termination of your subscription by notification as above, you shall be refunded the fees for any unexpired period after the end of the relevant quarter. It is clarified that no fees shall be refunded for the relevant quarter in which the notice of termination is received by us. Further, in case of suspension of our certificate of registration for more than 60 (sixty) days or cancellation of our SEBI registration, we shall refund the fees, on a pro rata basis for the period from the effective date of cancellation/ suspension to end of your subscription period.
Both parties agree to fulfill any obligations outstanding as of the termination date.
The rights and obligations concerning confidentiality, intellectual property, liability and privacy shall survive suspension or termination of these Terms.
Restrictions
You agree that you will not infringe our intellectual property rights or sell, license or transfer the InvestorAi Portfolios to other parties; and treat your account details as confidential and not disclose them to any third party.
NRI clients must ensure that stocks recommended by us in the InvestorAi Portfolios are not in the RBI ban list before investing or executing the order with their broker.
All other compliances of laws applicable to investment by you are required to be complied by you without any assistance from or liability to us.
Intellectual Property
All intellectual property rights of the InvestorAi Portfolios and related information thereon belong to and remain with InvestorAi. This Terms shall not amount to any assignment or transfer of the intellectual property rights of InvestorAi to you which shall continue to vest solely and absolutely with InvestorAi.
Limitations of Liability
We do not guarantee that the Services, will always be available or be uninterrupted, and we do not accept any liability arising from interruption in availability. We may suspend or withdraw or restrict the availability of all or any part of our Services for business and operational reasons.
The Services are provided “as is” without any express or implied warranty of any kind including warranties of merchantability, accuracy or fitness for any particular purpose.
You agree that InvestorAi is not liable for any actions you take that are directly or indirectly related to our Services, or for any losses you may suffer as a result of unforeseen circumstances or things beyond our reasonable control.
InvestorAi or any of its associates / group companies shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in our Services.
Neither InvestorAi nor any of its associates, employees, agents or representatives shall be liable for any damages whether direct, indirect, special or consequential including loss of revenue or lost profits that may arise from or in connection with the use of our Services.
You agree to indemnify, defend and hold harmless InvestorAi including but not limited to its affiliate vendors, agents and employees from and against any and all losses, liabilities, claims, damages, demands, costs and expenses (including legal fees and disbursements in connection therewith and interest chargeable thereon) asserted against or incurred by us that arise out of, result from, or may be payable by virtue of, any breach or non-performance of any representation, warranty, covenant or agreement made or obligation to be performed by you pursuant to these Terms, or any other action incurred by you as a result of using our Services. If, despite the limitation above, we are found liable for any loss or damage which arises out of or is in any way connected with any of the occurrences described in the limitation above, then our liability will in no event exceed, in total, the sum of INR 5,000.
Third Party Disclosures
InvestorAi has a contractual arrangement with third parties, , whereby such third parties provides technology solutions and related back-end infrastructure and support for back-office related operations and processes relating to our Services. It also facilitates transactions in securities from a platform (“the Platform”) operated by such third party.
You agree and confirm that we may appoint third party vendors to carry out the Services provided through such Platform. You consent to sharing of your account related information to such third-party vendors appointed by us.
These third-party providers require us to pass additional terms through to you. These third-party terms are subject to change at such third party’s discretion and new third-party providers are added from time to time. Your use of our Services constitutes your agreement to be bound by these third-party terms which are incorporated into your agreement by this reference.
Resolution of Disputes
The Parties agree that Dispute shall be settled by way of discussions between the authorised representatives of the Parties.
Mr.Sandeep Jain is the Compliance Officer of InvestorAi. He/ She can be reached at +91 8217538719 (telephone) and compliance@investorai.in (email). Mr. Sandeep Jainis the Grievance Officer of InvestorAi. He can be reached at +91 8217538719 (telephone) and compliance@investorai.in (email).
The Parties agree that any Claim or dispute that arises from through this Terms, the relationship or obligations contemplated or outlined within this Terms, if not resolved through the above means within a period of 7 business days, shall then go to and be resolved through final and binding arbitration conducted as per the provisions of Arbitration and Conciliation Act, 1996.
All proceedings of such arbitration shall be in the English language and the seat and venue of arbitration shall be Bangalore.
The Parties shall mutually agree to a Sole Arbitrator within 15 days of the decision to go for Arbitration, failing which Each of the Party shall appoint one Arbitrator. The appointed Arbitrators shall appoint a Presiding Arbitrator. The costs of the Arbitrators shall be equally divided between the Parties.
The parties shall bear their own legal and other costs and expenses necessary to the Dispute, which has been submitted to arbitration in accordance with this clause without prejudice to the arbitrator’s right to award costs or require any party to the arbitration to pay the costs and expenses of another party thereto.
When any Dispute is under arbitration, except for the matters under dispute, the Parties shall continue to exercise their remaining respective rights and fulfil their remaining respective obligations under this Agreement.
Miscellaneous
These Terms, constitutes the entire agreement between us and supersedes and extinguishes all previous agreements, whether oral or written.
These Terms shall be governed by and construed in accordance with the laws of India and subject to clause above related to Arbitration, you can only bring legal proceedings in the courts of Bangalore.
If you think the Platform is faulty or you wish to contact us for any other reason, please email us at: support@investorai.in
Mandatory notice:
You are requested to go through Do’s and Don’ts while dealing with any Research Analyst including us as specified in SEBI master circular no. SEBI/HO/MIRSD-POD-1/P/CIR/2024/49 dated May 21, 2024, or as may be specified by SEBI from time to time.
Expectations from the investors (Responsibilities of investors)
Do’s
Always deal with SEBI registered Research Analyst.
Ensure that the Research Analyst has a valid registration certificate.
Check for SEBI registration number.
Please refer to the list of all SEBI registered Research Analysts which is available on SEBI website in the following link: https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intm Id=14)
Always pay attention towards disclosures made in the research reports before investing.
Pay your Research Analyst through banking channels only and maintain duly signed receipts mentioning the details of your payments.
Before buying securities or applying in public offer, check for the research recommendation provided by your Research Analyst.
Ask all relevant questions and clear your doubts with your Research Analyst before acting on the recommendation.
Inform SEBI about Research Analyst offering assured or guaranteed returns.
Don’ts
Do not provide funds for investment to the Research Analyst.
Don’t fall prey to luring advertisements or market rumors.
Do not get attracted to limited period discount or other incentive, gifts, etc. offered by Research Analyst.
Do not share login credential and password of your trading and demat
PRIVACY POLICY
InvestorAi is committed to maintaining the confidentiality, integrity and security of personal data, i.e., any information relating to an identified or identifiable natural person.
What information do we collect and use?
We collect, use and process several different types of information in accordance with the Digital Personal Data Protection Act, 2023 and your use of our Services provides the consent for the use of the data in the manner specified below.
We collect personally identifiable information (“Personal Data”) about you, including but not limited to: name, address, date of birth, PAN, Aadhaar, signature, photograph, email address, phone number, location, password, any other prescribed KYC details and copies of documents attesting the same.
We use your Personal Data for various purposes, including but not limited to:
• to comply with the applicable laws and regulations
• to check the identity and maintain/ update the KYC records
• to comply with any legal process and to respond to requests from regulatory authorities;
• provide, maintain and improve our Services
• notify you about changes or updates to the Services
• provide customer support and administrative purposes
• detect, prevent and address technical issues
• monitor the usage of the Services and gather diagnostic, technical and related information
• provide you with news, special offers and general information about our Services which we offer that may be of interest, unless you have opted not to receive such information
• create targeted advertising on social media platforms including lookalike audiences, and to prevent existing customers from being targeted with subscription offerings on social media platforms
Your Personal Data will never be used or analyzed to determine your financial situation, risk appetite, objectives or needs.
How is your data processed?
We take all appropriate technical and organizational measures to ensure the effective and secure processing of any Personal Data. “Processing” includes storing, transferring, sharing, recording and updating. Your Personal Data will only be processed for the purposes described above.
We may share your Personal Data with SEBI/ NSE/ BSE / CDSL/ NSDL/ Regulatory Bodies/ KYC Registration Agencies (KRAs). We may also share personal information with government agencies mandated under the law to obtain personal information including sensitive personal data or information for verification of identity or prevention, detection, investigation including cyber incidents, prosecution, and punishment of offenses.
We may also share your Personal Data with our subcontractors and social media providers, including the Platform. These third parties are obligated not to disclose your Personal Data or use it for any purpose other than as permitted in this Privacy Policy.
The Platform is connected to and runs the back-end of our website. The Platform is committed to protecting the security of your Personal Data. While the Platform uses reasonable efforts to protect your Personal Data, the Platform cannot guarantee its absolute security.
How do we manage payments data?
We use a third party for payment processing. We will not store or collect your payment card details. That information is provided directly to our third party payment processor whose use of your personal information is governed by their privacy policy, which ensures the secure handling of payment information.
What are your privacy rights?
You have a number of rights in respect of your personal data, including the right:
• to request access to, and copies of, the personal data that we hold about you
• to require us to correct the personal data we hold about you if it is incorrect
• to require us to erase your personal information, in certain circumstances
• to require us to restrict our data processing activities, in certain circumstances
• where our processing is based on your consent, the right to withdraw that consent
• where the processing is carried out by automated means, to receive from us the personal data we hold about you which you have provided to us
• to object, on grounds relating to your particular situation, to any of our processing activities where you feel this has a disproportionate impact on your rights
These rights are not absolute and we may be entitled or required to refuse requests where exceptions apply.
Updates, retention and deletion
This Privacy Policy can be updated at any time and will be available on our website.
We will retain your Personal Data for a minimum of five years after the end of our relationship with you, for our accounting, regulatory, record-keeping and tax reporting requirements.
After that period, we will delete your Personal Data and retain only anonymised information of former users, for the purposes set out in this Privacy Policy.
Questions and complaints
If you wish to raise a question or complaint about how we have used your personal data, you can contact us at: dataprivacy@investorai.in