TERMS AND CONDITIONS

These Terms and Conditions of use (Terms) along with privacy policy (Privacy Policy) forms a legally binding agreement (Agreement) between Sovrenn and Users.

Definitions $ Interpretations

The Terms, We, Us, Our, Company, Sovrenn or Company individually and collectively refers to Sovrenn Financial Technologies Private Limited.

The Terms You, Your, Visitor or User refer to a person who has accepted this Agreement in order to download and use the App.

The Terms Website, App or Apps, individually and/or collectively refer to the Sovrenn’s website i.e., www.sovrenn.com and Sovrenn mobile apps on Android and iOS platforms.

Objective

These Terms under which Visitor may visit this website (Website) or application (App or Apps). Please read this page carefully. By using our app or website you accept our Terms by default. If You do not accept the Terms stated here, we would request you to exit this site/application. The Company reserve its rights to revise these Terms at any time by updating this posting. You should visit this page periodically to re-appraise yourself with the Terms.

Our goal is to provide our visitors with fully transparent user experience, compliant with applicable laws and industry guidelines and regulations. Thus, if there is something you do not see disclosed below or in our Privacy Policy, or if you have any questions at all regarding the information presented hereafter, please contact us at help@sovrenn.com.

Eligibility

To register for an account, you must be at least 13 years old. To subscribe and make payments you must be at least 18 years old or have your parent’s permission. If you know a user is under the age of 13, please report them to us at help@sovrenn.com.

License Website and App Access

1. Sovrenn hereby grants you a limited, non-exclusive, non-transferable license to view, bookmark, download and print the pages within the Website/App, and the Content incorporated on those pages, solely for the purpose of your personal, non- commercial use and display.
2. You are solely responsible for obtaining, paying for, repairing, and maintaining all of the equipment, telephone lines and other material that you need to access the Website/ App and the pages within the Website/App may be used solely for personal, informational, and non-commercial purposes.
3. You may not modify, copy, distribute, transmit, post, display, perform, reproduce, publish, license, create derivative works from, transfer or sell any pages, Content, data, information, software, products, or services obtained from the Website, unless you have obtained the prior written permission of the Company. Sovrenn expressly reserves the right to monitor any or all use of the Website/App.

No Recommendations/Investment Advice Provided

1. Sovrenn cannot and does not assess, verify, or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source.
2. You are responsible for conducting your own investment research and decisions and should seek the advice of a qualified securities professional before making any investment and investigate and fully understand all risks before investing.
3. Sovrenn in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned on the Website/App or any linked site.
4. Sovrenn in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned on the Website/App or any linked site.

Stock/Market Quotes

You acknowledge and accept that stock quotes that may appear in Sovrenn’s Website/App and communities (Circles) are only provided for setting the context. Such quotes are delayed and are NOT to be used or considered for trading purposes. Sovrenn is NOT responsible for any damage or losses arising out of your trades.

Registration and User Account Responsibilities

In order to use the Website/App or certain parts of it, you may be required to register for a user account; in this case, you agree to provide truthful information when requested, and, if a minimum age is required for eligibility for a user account, you undertake that you are at least the required age. You agree that you are solely responsible for maintaining the confidentiality and security of your username and password, and you are responsible for all acts and/or omissions that occur under the authority of your username. You agree to immediately notify Sovrenn of any unauthorized use of your user account, username, or password.

By registering for a user account, you explicitly agree to these Terms of Use, including any amendments made by Sovrenn that are published from time to time. Sovrenn reserves the right to terminate, restrict, or suspend your username privileges at any time, without notice, for any reason whatsoever. You agree that Sovrenn shall not be liable to you or any third party for any termination of your access to the Website/App.

The Website/App contain review services, or discussion forums, in which you or third parties may post reviews or viewpoint of experiences using services and/or products or other content, messages, materials, videos, or other items on the Website/App (collectively “User Areas”). You are solely responsible for your use of such User Areas and use them at your own risk. By using any User Areas, you expressly agree not to post, upload to, transmit, distribute, store, create, or otherwise publish through the Website/App any of the following:

Any message, data, information, text, music, sound, photos, graphics, video, code, or any other material (“User Contribution”) that is unlawful, libellous, defamatory, obscene, pornographic, indecent, lewd, suggestive, harassing, threatening, invasive of privacy or publicity rights, abusive, inflammatory, fraudulent, or otherwise objectionable; User Contribution on products or services offered by your current employer or by direct competitors of your current employer; User Contribution that would constitute, encourage, or provide instructions for a criminal offense, violate the rights of any party, or otherwise create liability or violate any local, state, national, or international law, including, without limitation, the regulations of the SEBI or any rules of a securities exchange; User Contribution that may infringe or misappropriate any patent, trademark, trade secret, copyright, or other intellectual or proprietary right of any party; User Contribution that impersonates any person or entity or otherwise misrepresents your affiliation with a person or entity, including Sovrenn; Unsolicited promotions, political campaigning, advertising, contests, raffles, or solicitations; Private information of any third party; Viruses, corrupted data, or other harmful, disruptive, or destructive files; User Contribution that is unrelated to the topic of the User Area(s) in which such User Contribution is posted; or User Contribution or links to content that, in the sole judgment of Sovrenn, (a) violates the previous subsections herein, (b) is objectionable, (c) restricts or inhibits any other person from using or enjoying the User Areas or the Website/App or (d) may expose Sovrenn or its affiliates or its users to any harm or liability of any type.

Illegal Activities - Don’t break the law or encourage others to break the law.

Abuse - Don’t harass or bully others or promote violence or hatred towards others.

Personal Information - Don’t distribute others’ personal information or otherwise abuse it.

Creators with access to their users’ personal information should not use it for anything unrelated to Sovrenn.

Fraud - Don’t post information that is false or otherwise misleading.

Impersonation - Don’t impersonate anyone. Don’t use another’s account or allow others to use your account.

Username Squatting - Don’t create an account to prevent others from using the name or to sell the name.

Intellectual Property - Don’t infringe on others’ intellectual property rights.

Spam - Don’t spam others or distribute unsolicited advertising material.

Malware - Don’t use Sovrenn to host or distribute, malicious or destructive software.

Endorsement - Don’t claim endorsement by Sovrenn without our prior written approval.

Service Degradation - Don’t degrade others’ use of Sovrenn.

Data Mining - Don’t crawl, scrape, or otherwise index information on Sovrenn platform without our explicit permission.

Content Sharing – Distributing a creator’s content without explicit permission can expose you to legal litigation from the creator.

Reverse Engineering - Don’t take apart Sovrenn to figure out our secret sauce. If you want to know, just get in touch with us at help@sovrenn.com

Creator Conducct

In future, Creators can launch a service that users can subscribe or purchase their content from. You appoint us as your agent to collect and process payments on your behalf, and any commission fee if applicable for payments made towards your service. You are responsible for any taxes you owe based on the payments you receive. You must also follow our rules about content.

To become a creator, you can simply launch a service. If you create a service that publishes what may constitute "financial advice or an investment advice" that is targeted towards Indian audience, you understand and agree that if you are not registered (or exempt from registration) with the SEBI as an investment adviser under the SEBI (Investment Advisers) Regulations, 2013 (“IA Regulations”), information published by you on Sovrenn is at your own risk and you alone will be liable for any actions arising pursuant to publishing such information.

Content Restrictions

We restrict some types of content. You cannot:

1. Create any content depicting explicitly sexual or violent acts in graphic detail.
2. Create content using others' intellectual property, unless you have written permission to use it, or your use is protected by fair use.
3. Any content that is illegal under Indian or local state laws or laws of the region that you reside in.
4. Create any content which is harmful to child.
5. Create any content which deceives or misleads the addressee about the origin of the message or knowingly and intentionally communicates any information which is patently false or misleading in nature but may reasonably be perceived as a fact.
6. Create any content threatens the unity, integrity, defence, security or sovereignty of India, friendly relations with foreign States, or public order, or causes incitement to the commission of any cognisable offence or prevents investigation of any offence or is insulting other nation.
7. Create any content is patently false and untrue, and is written or published in any form, with the intent to mislead or harass a person, entity, or agency for financial gain or to cause any injury to any person.

Other Linked Sites

By providing links to other sites, Sovrenn does not guarantee, approve, or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to Sovrenn.

Sovrenn does not operate or control and has no responsibility for the information, products and/or services found on any external sites unless expressly stated on such external site. Nor do such links represent or endorse the accuracy or reliability of any information, products and/or services provided on or through any external sites, including, without limitation, warranties of any kind, either express or implied, warranties of title or non- infringement or implied warranties of merchantability or fitness for a particular purpose. You assume complete responsibility and risk in your use of any external sites.

Intellectual Property Statement

All marks appearing on the App or Website are the registered and unregistered trademarks of Sovrenn. Sovrenn’s trademarks may not be used in any manner that is likely to cause confusion among customers or that disparages or discredits Sovrenn.

All Content on the Website/App, including, but not limited to, text, graphics, audio clips, logos, buttons, images, digital downloads, data compilations, software, icons, message boards, chat, html code, xml code, and other original Content (collectively the “Content”), is the property of Sovrenn or its content vendors and is protected by Indian and international copyright laws.

Nothing contained on the Website grants to you any license or other right to any of Sovrenn’s intellectual property or to any third party’s intellectual property. You may not copy, modify, distribute, display, reproduce or republish any of the data or Content contained on the Website without obtaining the prior written consent of Sovrenn.

Any User Contribution, which shall include but is not limited to, service reviews, product reviews, user-generated data and financial data, chat, forum posts, and/or other such content that you post to the Website, will be considered non-confidential and non-propriety. By posting any User Contribution on the Website, you grant Sovrenn and its affiliates and service providers, and each of their and Sovrenn’s respective licensees, successors, and assigns a perpetual, royalty-free, and irrevocable right and license to use, reproduce, modify adapt, publish, translate, distribute, transmit, publicly display, publicly perform, sublicense, create derivative works from, transfer, and sell any such User Contribution. You represent and warrant that you own or control all rights in and to the User Contributions, including the right to license such User Contributions, and that all your User Contributions do and will comply with the Terms.

The Website/ App is a platform for third party content creators to showcase and sell their digital content, increase followership, and sell courses or services. As such the complete ownership of the content rests with such content creators. The Company DOES NOT claim any ownership on such content, and it is solely the right and prerogative of the respective content creator.

The content creator is responsible for original authorship and ensuring that the complete rights of the content published on the Website/App rest with the content creator and that it respects the local laws. The Website/ App will not be held liable for content plagiarism or claims of ownership by any other party or violation of local laws by a content creator. If, however such a dispute is raised by another credible party by contacting the Company, the Company reserves the complete right to take down such content from the Website/App and further penalizing the content creator by completely removing their presence and all of their content from the Website/App.

Use Of Content

All logos, brands, marks headings, labels, names, signatures, numerals, shapes or any combinations thereof, appearing in this site/application, except as otherwise noted, are properties either owned, or used under licence, by the business and / or its associate entities who feature on this Website/ App. You may not otherwise use, reproduce, distribute, perform, publicly display, or prepare derivative works of our content unless we give you permission in writing. The use of these properties or any other content on this Website/App, except as provided in these Terms or in the site content, is strictly prohibited. You may not sell or modify the content of this Website / App or reproduce, display, publicly perform, distribute, or otherwise use the materials in any way for any public or commercial purpose without the respective organisation’s or entity’s written permission.

Content we create is protected by copyright, trademark, and trade secret laws. Some examples of our content are the text on the site, our logo, and our codebase. We grant you a license to use our logo and other copyrights or trademarks to promote your Sovrenn service.

Acceptable Website/App Use

(A) Security Rules: Visitors are prohibited from violating or attempting to violate the security of the Web site, application, including, without limitation, attempting to probe, scan or test the vulnerability of a system or network or to breach security or authentication measures without proper authorisation. attempting to interfere with service to any user, host, or network, including, without limitation, via means of submitting a virus or "Trojan horse" to the Website/ App, overloading, "flooding", "mail bombing" or "crashing". sending unsolicited electronic mail, SMS, push notifications including promotions and/or advertising of products or services. Violations of system or network security may result in civil or criminal liability. The business and / or its associate entities will have the right to investigate occurrences that they suspect as involving such violations and will have the right to involve, and cooperate with, law enforcement authorities in prosecuting users who are involved in such violations.

(B) General Rules: Visitors may not use the Web Site / App in order to transmit, distribute, store or destroy material: that could constitute or encourage conduct that would be considered a criminal offence or violate any applicable law or regulation OR in a manner that will infringe the copyright, trademark, trade secret or other intellectual property rights of others or violate the privacy or publicity of other personal rights of others OR that is libellous, defamatory, pornographic, profane, obscene, threatening, abusive or hateful.

Users should refrain from uploading or sharing any kind of information that (i) is objectionable on the basis of race, caste, sex, diversity, ethnicity, etc., or (ii) encourages or relates to money laundering, gambling, or other illegal activities, as required under Rule 3(1)(b)(ii) of the Information Technology (Guidelines for Intermediaries and Digital Media Ethics Code) Rules, 2021.

Copyright Infringement

If you believe that any content on Sovrenn infringes your copyrights, please send written notice to: aditya.joshi@sovrenn.com

This notice should include the following information: The electronic or physical signature of the copyright owner, or a person authorized to act on their behalf. A description of the copyrighted work that you claim has been infringed. A description of the exact location on Sovrenn Website/App of the content that you claim is infringing. This description must allow us to find and identify the content. Your name, address, telephone number and email address. A statement by you that: a) you believe in good faith that the use of the content that you claim to infringe your copyright is not authorized by law, the copyright owner, or the owner’s agent, b) all information contained in your copyright notice is accurate, and c) under penalty of perjury, you are either the copyright owner, or authorized to act on their behalf. In appropriate circumstances we may also terminate the accounts of repeat infringers.

User Generated Content

Users may create content on Sovrenn in "Circles/communities" or "chats/discussions" or “polls” or “quizzes” or “games” or “Q&As”, and on other content enabling features on Website / App. All such content must comply with policies mentioned in this document. Your continued use of Sovrenn’s Website/App is conditional upon acknowledgement and acceptance of the following:

1. Sovrenn does not vet or verify the identities of its users or creators who are creating content on its platforms.
2. Sovrenn does not verify or endorse the views of creators who are publishing content on its platform including content that may be of the nature of "financial advice". Relying on the views of such creators (whether registered with SEBI or not) to make any financial investments, is purely at the risk of the user.
3. Sovrenn has no way to vet or verify any claims or reports or opinions expressed in any content posted on its platform by users.
4. Sovrenn is not responsible or liable for the quality, accuracy, veracity, reliability or timeliness of any claim, news, information, artwork, or opinion published by users on its platform.
5. Sovrenn reserves the right to remove any content which is reported to be in violation of any policy outlined in this document.
6. You, as a user are responsible for fact checking or assessing the accuracy and utility of any report or claim or opinion published by another user on Sovrenn.

Disclaimers

For applicable disclaimers, including limitations of liability, please see Sovrenn’s General Disclosures.

Privacy Policy

Sovrenn is committed to protecting its users’ privacy. Please see our Privacy Policy for information relating to how we collect, use, and disclose your personal information.

Indemnification

You agree to indemnify and hold harmless, without objection, the Company, its officers, directors, employees, and agents from and against any claims, actions and/or demands and/or liabilities and/or losses and/or damages whatsoever arising from or resulting from their use of the Website / App or their breach of the Terms. Further, you, as a creator agree to indemnify and hold harmless, without objection, the Company, its officers, directors, employees, and agents from and against any claims, actions and/or demands and/or liabilities and/or losses and/or damages whatsoever arising from or resulting from claims by the users of the Website / App, the SEBI or any other regulatory or law enforcement agency.

Warranty Disclaimer

Sovrenn is provided “as is” and without warranty of any kind. Any warranty of merchantability, fitness for a particular purpose, non-infringement, and any other warranty is excluded to the greatest extent permitted by law. The disclaimers of warranty under this clause also apply to our affiliates and third-party service providers.

Limit of Liability

User agrees that neither Company nor its group companies, directors, officers or employee shall be liable for any direct or/and indirect or/and incidental or/and special or/and consequential or/and exemplary damages, resulting from the use or/and the inability to use the service or/and for cost of procurement of substitute goods or/and services or resulting from any goods or/and data or/and information or/and services purchased or/and obtained or/and messages received or/and transactions entered into through or/and from the service or/and resulting from unauthorized access to or/and alteration of user's transmissions or/and data or/and arising from any other matter relating to the service, including but not limited to, damages for loss of profits or/and use or/and data or other intangible, even if Company has been advised of the possibility of such damages. User further agrees that Company shall not be liable for any damages arising from interruption, suspension, or termination of service, including but not limited to director/and indirect or/and incidental or/and special consequential or/and exemplary damages, whether such interruption or/and suspension or/and termination was justified or not, negligent or intentional, inadvertent or advertent. User agrees that Company shall not be responsible or liable to user, or anyone, for the statements or conduct of any third party of the service. In sum, in no event shall Company's total liability to the User for all damages or/and losses or/and causes of action exceed the amount paid by the User to Company, if any, that is related to the cause of action. To the extent permitted by law, our liability for damages is limited to the amount of money we have earned through your use of Sovrenn. We are specifically not liable for loss associated with failure to deliver content and from losses caused by conflicting contractual agreements.

Disclaimer of Consequential Damages

In no event shall Company or any parties, organizations or entities associated with the corporate brand name us or otherwise, mentioned at this Website/App be liable for any damages whatsoever (including, without limitations, incidental and consequential damages, lost profits, or damage to computer hardware or loss of data information or business interruption) resulting from the use or inability to use the Website/App and the Website/App material, whether based on warranty, contract, tort, or any other legal theory, and whether or not, such organization or entities were advised of the possibility of such damages.

Applicable Law

We encourage you to contact us if you have an issue. If a dispute does arise out of these Terms or related to your use of Sovrenn, and it cannot be resolved after you talk with us, then it must be resolved in Gurgaon under Haryana court of law. Haryana law, excluding its conflict of law provisions, governs these Terms and all other Sovrenn policies. If a lawsuit does arise, both parties’ consent to the exclusive jurisdiction and venue of the courts located in Gurgaon, Haryana, India. These Terms and any referenced policies are the entire agreement between you and us and supersede all prior agreements. If any provision of these Terms is held to be unenforceable, that provision is modified to the extent necessary to enforce it. If a provision cannot be modified, it is severed from these Terms, and all other provisions remain in force. If either party fails to enforce a right provided by these Terms, it does not waive the ability to enforce any rights in the future.

Miscellaneous

In the event that any provision of these Terms of Use is or becomes invalid or unenforceable, that provision (to the extent invalid or unenforceable) will be interpreted to reflect the original intention of Sovrenn in accordance with applicable law, and the remainder of these Terms of Use will continue in full force and effect.

Sovrenn’s failure to insist upon or enforce strict performance of any provision of these Terms of Use will not be considered to be a waiver of any provisions or right, and all such provisions and rights will remain in full force and effect. You agree that any claim or cause of action you may have with respect to the Website/App, or its services must be filed within one (1) year after such claim or cause of action arose, otherwise such claim or cause of action will be forever barred, without regard to any contrary legislation. The Terms of Use, together with the Privacy Policy and General Disclosures, is the entire agreement between you and Sovrenn relating to the subject matter herein. By using the Website/App, you hereby represent and warrant that you have not relied upon any other statements, promises, representations or warranties from Sovrenn except those expressly set forth herein, together with the Privacy Policy and General Disclosures.

Contact

For applicable information, you can contact us at help@sovrenn.com

Grievance Officer

In accordance with Information Technology Act, 2000 read with the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011 and there applicable rules, the name and contact details of the Grievance Officer are provided below: