Privacy Policy

Introduction

Welcome to astarcventures.com a portal run by Astarc Ventures Private Trust having its registered office at 401, Krystal Building, Above Hakkasan, Waterfield Road, Bandra West,
Mumbai – 400050 (hereinafter referred to as “Astarc Ventures”, which expression shall, unless it be repugnant to the context or meaning thereof, be deemed to include its successors, affiliates, partners and permitted assigns). Astarc Ventures is committed to respecting your online privacy and recognizes your need for appropriate protection and management of any information you share with Astarc Ventures on astarcventures.com (the “Website”).

Scope

This privacy policy (“Policy”) is an electronic record in the form of an electronic contract formed under the Indian Information Technology Act, 2000 and the rules made thereunder. This Policy does not require any physical, electronic or digital signature. This Policy is a legally binding document between you and Astarc Ventures. The terms of this Policy will be effective upon your acceptance of the same by use of the Website and will govern the relationship between you and Astarc Ventures for your use of the Website.

Consent

By mere use of the Website, you expressly consent to Astarc Ventures’ use and disclosure of your Personal Information in accordance with this Policy. If you do not agree with the terms of this Policy, please do not use this Website. This Policy shall be deemed to be incorporated into the Terms of Use of the Website and shall be read in addition to the Terms of Service.

What Information Is Collected

4.1

The Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011 defines “Personal Information” as 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 a body corporate, is capable of identifying such person.

4.2

For the purpose of this Policy, the term “Personal Information” shall mean any information you provide to Astarc Ventures and shall include, without limitation your name, e-mail address, phone number.

4.3

For the purpose of this Policy, the term “Non-Personal Information” shall mean information that does not specifically identify an individual but includes information from you, such as the type of internet browser you use, mobile device you use, your computer or your mobile device’s unique device ID, the URL of the previous website you visited, your computer’s operating system, your Internet Service Provider (ISP) and your Internet Protocol (IP) address. Astarc Ventures may also collect Non-Personal Information that you voluntarily provide, such as information included in response to a questionnaire or a survey conducted by Astarc Ventures. Since Non-Personal Information does not personally identify you, Astarc Ventures may use and disclose Non-Personal Information for any purpose as set out in this Policy.

Collection of Information

5.1

Astarc Ventures may collect information from you when you refer a start-up to Astarc Ventures for investment in such start-up, on the Website.

5.2

Astarc Ventures may use cookies to monitor the Website usage including, without limitation, to provide useful features to simplify your experience when you return to the Website and to deliver relevant content based on your preferences, usage patterns and location.

5.3

You may use the Website without providing Astarc Ventures any Personal Information about yourself. However, you may not be able to access certain services of the Website in case you choose to do so.

Use of Information

6.1

Contacting You

Astarc Ventures uses your Personal and Non-Personal Information for contacting you in order to award you the prize mentioned in the Terms on the Website in case Astarc Ventures has invested in the start-up referred by you.

6.2

Internal Business Purpose

Astarc Ventures may use your Non-Personal Information for internal business purposes, such as data analysis, research, developing new features, enhancing and improving existing services and in identifying usage trends. This information helps Astarc Ventures to constantly improve, personalize and customize the products and services it provides to you.

Sharing of Information

Astarc Ventures may disclose your Personal Information in the following ways:

7.1

Disclosure to governmental authorities or as required by law

Astarc Ventures may share your Personal Information with governmental and/or statutory authorities in response to subpoenas, court orders, or other legal process; to establish or exercise legal rights; to defend against legal claims; or as otherwise required by law. Astarc Ventures warrants that such information will be disclosed only in accordance with applicable laws and regulations.

7.2

Disclosure to Acquirers

Astarc Ventures may disclose and/or transfer your Personal Information to an acquirer, assignee or other successor entity in connection with a sale, merger, or reorganization of all or substantially all of the equity, business or assets of Astarc Ventures.

7.3

Disclosure to Service Providers

Astarc Ventures may share your Personal and Non-Personal Information with third party service providers of its choice for purposes including but not limited to facilitate KYC verification and enable payment transactions on the Platform.

Protection of Information

8.1

Astarc Ventures has taken adequate measures to protect the security of your Personal Information and to ensure that your choices for its intended use are honoured. Astarc Ventures takes adequate precautions to protect your data from loss, misuse, unauthorized access or disclosure, alteration, or destruction.

8.2

Astarc Ventures assures you that your information is safe and secure. It uses industry standards, and physical, technical and administrative security measures to keep your Personal Information confidential and secure and Astarc Ventures shall not share your Personal Information with third parties, except as otherwise provided in this Policy.

8.3

At Astarc Ventures, data is stored in password-controlled servers with limited access to employees and other personnel or consultants on a need-to-know basis.

8.4

Astarc Ventures uses the encryption technology, which helps to protect your Personal Information. Please note that e-mails, messaging and means of communication with Astarc Ventures are not encrypted, and therefore Astarc Ventures strongly advises you not to communicate any confidential information through these means.

Cookies and Other Tracking Technologies

9.1

The Website utilizes cookies and other tracking technologies including any proprietary or third party tracking services. A cookie is a small text file that may be used, for example, to collect information about the Website activity. Some cookies and other technologies may serve to recall Personal and/or Non-Personal Information previously indicated by a Website user. Most browsers allow you to control cookies, including whether or not to accept them and how to remove them.

9.2

You may set most browsers to notify you if you receive a cookie, or you may choose to block cookies with your browser, however, if you choose to erase or block your cookies, you shall have to re-enter your original user ID and password to gain access to certain parts of the Website.

9.3

Tracking technologies may record information such as internet domain and host names, internet protocol (IP) addresses, browser software and operating system types, clickstream patterns, and dates and times at which the Website is accessed. Our use of cookies and other tracking technologies allow us to improve our Website and your experience in using our Website.

10.

Limitation of Liability

10.1

Astarc Ventures is not responsible for any breach of security or for any actions or inactions of any third parties that receive your Personal Information as a result of any default not attributable to Astarc Ventures.

10.2

Notwithstanding anything contained in this Policy or elsewhere, Astarc Ventures shall not be held responsible for any loss, damage or misuse of your Personal Information, if such loss, damage or misuse is attributable to a Force Majeure Event (as defined below).

10.3

A “Force Majeure Event” shall mean any event that is beyond the reasonable control of Astarc Ventures and shall include, without limitation, sabotage, fire, flood, explosion, acts of God, civil commotion, strikes, lockouts or industrial action of any kind, riots, insurrection, war, acts of government, computer hacking, civil disturbances, unauthorised access to computer data and storage device, computer crashes, breach of security and encryption, and any other similar events not within the control of Astarc Ventures and which Astarc Ventures is not able to overcome.

11.

Opt-Out

You have the option to ‘opt-out’ of all Astarc Ventures’ newsletters and other general e-mail marketing communications by way of links provided at the bottom of each mailer. Astarc Ventures respects your privacy and in the event that you choose to not receive such mailers, it shall take all adequate steps to remove you from such lists.

12.

Changes to this Policy

Astarc Ventures reserves the right to update, change or modify this Policy at any time. The Policy shall come to effect from the date of such update, change or modification.

13.

Grievance Officer

In accordance with the Information Technology Act, 2000 and Rules made thereunder, the name and contact details of the Grievance Officer are provided below:

Name: Hari Krishnan

Address: 401, Krystal Building, Above Hakkasan, Waterfield Road, Bandra West, Mumbai, Maharashtra 400050

Phone: +91 22 42443500

E-mail: info@astarcventures.com

14.

How to Contact Us

If you have questions or concerns about this Policy, please contact us at info@astarcventures.com or call us on +91 22 42443500.