Terms of Use; Investmates.io

BY CLICKING “I ACCEPT,” OR BY DOWNLOADING, INSTALLING, OR OTHERWISE ACCESSING OR USING THE SERVICES, YOU AGREE THAT YOU HAVE READ AND UNDERSTOOD, AND, AS A CONDITION TO YOUR USE OF THE SERVICES, YOU AGREE TO BE BOUND BY, THE FOLLOWING TERMS AND CONDITIONS, INCLUDING OUR PRIVACY POLICY (TOGETHER, THESE “TERMS”).

The brand name InvestMates and logo are the registered trademarks of iMates Private Limited The terms "We" / "Us" / "Our"/”Company”/”The Company” individually and collectively refer to iMates Private Limited and the terms "Visitor” or ”User” refer to the users of the aap or website.. The terms "Website", "App", "InvestMates" individually and collectively refer to the investmates(use proper URL type format) website and InvestMates mobile apps on Android and iOS platforms. This page states the Terms and Conditions under which you (Visitor) may visit this website (“Website”). Please read this page carefully. If you do not accept the Terms and Conditions stated here, we would request you to exit this site or stop using the app. The business, any of its business divisions and/or its subsidiaries, associate companies or subsidiaries to subsidiaries or such other investment companies (in India or abroad) reserve their respective rights to revise these Terms and Conditions at any time by updating this posting. You should visit this page periodically to re-appraise yourself of the Terms and Conditions because they are binding on all users of this Website.

I nvestmates identifies itself as a social networking platform for all types of users, but not limited to, who want to talk about their investments, opinions, share images, share trade positions, share and create and manage portfolios, etc. and does not allow its users to trade, transact, execute, initiate any buy or sell positions for/of any kind of asset class that of any broker or exchange. We allow you to post your ideas, opinions, thoughts, text inputs, tag image/asset/community/ users, post a trade position of which you are responsible for the content which you share/post by the use of our service. Nowhere on the platform or by the use of its services we claim that these posts are, or related directly or indirectly, to any investment advice.

We allow you to post your ideas, opinions, thoughts, text inputs, tag image/asset/community/ users, post a trade position of which you are responsible for the content which you share/post by the use of our service. Nowhere on the platform or by the use of its services we claim that these posts are, or related directly or indirectly, to any investment advice.

Usage of Services

To access most features you need to sign up and create your account. When you register for an account, you may be required to provide us with information about yourself, such as your name, email address, phone number, or other contact or personal information such as interests in investing style, users, etc. You authorize us to store this information and use it to make/improvise the quality of our user experience and features better for our users.

By posting, or displaying content on or through the services that we provide, you grant us a worldwide, non-exclusive, royalty-free license (with the right to sublicense) to use, copy, reproduce, process, adapt, modify, publish, transmit, display and distribute such Content in any and all media or distribution methods now known or later developed (for clarity, these rights include, for example, curating, transforming, and translating). This license authorizes us to make your Content available to the rest of the world and to let others do the same.

We are always improving our Services. This means we may add or remove features, products, or functionalities; we will try to notify you beforehand, but that may not be always possible. We reserve the right to modify, suspend, or discontinue the Services (complete or in parts) at any time, with or without notice to you. Any future release, update, or other addition to functionality of the services will be subject to these Terms, which may be updated from time to time. You agree that we will not be liable to you or to any third party for any modification, suspension, or discontinuation of the Services or any part thereof.

Permission and accessibility

By signing up on InvestMates, you also agree to let the Company use the information you gave to contact you through channels including but not limited to SMS / Email / Push notifications / in-app notifications. While sharing your contents in the public mode you permit the platform to use the data for sharing within the platform or to a 3rd party platform as the case may be.

Eligibility

To register for an account you must be at least 16 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 16, please report them to us at support@investmates.io

Community

If you create a community by the use of our services that involves the participation of users as community members then we are not responsible for the actions taken by the admin or its members. We reserve the right to revoke or limit your ability to moderate at any time and for any reason or no reason, including for a breach of these Terms.

  1. You agree not to share or post any content, whatsoever, in your community violates any policy/terms mentioned in this contract. If a community is found guilty of violating our terms and policy we reserve the right to permanently or temporarily terminate the community for the platform.
  2. You agree that you are liable for the content that you share/reshare/post in your community publicly or privately. You are responsible for the quality and authentic content into communities where you have a personal interest, and do not cheat or engage in content manipulation (including spreading fake news, hate speech, spamming, or subscriber fraud/manipulation).
  3. You agree that when you receive reports or complaints related to a community you moderate, you will take appropriate action, which may include removing content that violates policy and/or promptly escalating to Investmates for review;
  4. We may, at our discretion, intervene to take control of a community if we found it in the best interest of the community if any admin abandons or spams a community. If the admins contact us, we ask to respond within a reasonable amount of time.
Content Disclaimer

Any community on InvestMates is only for educational and learning purposes. Information provided on InvestMates should not be treated as the final advice for investing. You are solely responsible for making your own investment decisions. If you choose to engage in such transactions with or without seeking advice from a licensed and qualified financial advisor or entity, then such decision and any consequences flowing therefrom are your sole responsibility and Investmates will not be held responsible for any gains or losses.

Hate Speech

You are not allowed to indulge in any activities (content, posting, messages, or sharing of any links) on the InvestMates platform that promotes violence against or directly attacks or threatens other InvestMates users on the basis of race, ethnicity, national origin, caste, sexual orientation, gender, gender identity, religious affiliation, age, disability, or severe disease. InvestMates reserves the right to suspend and permanently ban users found inciting harm towards others on the basis of these categories.

Obscene Display Names and Hateful Imagery

The user's name, display name, or profile bio need to adhere to the InvestMates policies and not inflict abusive message or intention, such as targeted harassment or expressing hate towards a person, group, or protected category. You may not use hateful images or symbols in your profile image or profile header.

Harassment and Bullying

Using abusive language, sharing others’ personal or sensitive information, or inciting others to engage in such activities is not allowed.

Promoting Violence

Threatening or inciting violence of any kind is strictly prohibited. We don’t allow individuals or groups that engage in or promote violence or organised criminal activity to use InvestMates to conduct such activities and strict actions will be taken.

Engaging in Malicious Activities

  1. You are not allowed to share messages in Social groups or to Individual users that are non-targeted, irrelevant, obviously unwanted, unauthorized, inappropriately commercial or promotional, or gratuitously repetitive messages or other similar content.
  2. Do not use InvestMates to capitalise or sensationalise tragic events for commercial purposes.
  3. Do not use our invitation feature to send promotional messages to people you don’t know or to otherwise spam people.
  4. Any user found engaging in Community policies Violation will be barred from the platform and the account will be suspended and a further permanent ban of the account may follow.

Premium Channel

  1. The payment to the community creator from any community user will be processed on or after 30 business days, and any blockage of such fund transfer will be notified with issued communication by mail or similar medium
  2. Indulging in spamming the InvestMates platform with illicit posts or self-promotion leading to user vulnerability will be strictly monitored leading to payment uphold and a permanent ban of the community.
  3. If any community indulges in spreading false information or information distributed with the intention to scam the users, immediate actions will be taken against such community creators leading to a permanent ban of the community and the return of the payments to the affected users.
Refund & Cancellations

  1. Users involved in spamming will be immediately banned from using the InvestMates platform and any payment made by the user will not be refunded.
  2. If a user finds any irrelevant information on the community they can immediately convey the same to the InvestMates team - support@investmates.io and immediate action will be taken against such information and the information provider. The user helping maintain good accord and conveying such spread of false information to the InvestMates team will be rightly rewarded

Community Restriction

We restrict some types of content on the platform to be shared or posted. We reserve the right to exercise banning the user permanently from the platform if found violating these conditions. A user found violating the conditions should be liable for the consequences of it. Therefore, you agree not to:

  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 the local state laws or laws of the region or country that you reside in.
  4. Create specifically hate news about somebody/someone or spread false news.
  5. Users should not distribute others’ personal information or otherwise abuse it. Creators with access to their users’ personal information should not use it for anything unrelated to InvestMates.
  6. Impersonation - A user should not impersonate anyone. Don’t use another’s account, or allow others to use your account. This might lead to strict actions and account blocking (temporary/permanently)
  7. Abuse and hatred - Users should not harass or bully others, or promote violence or hatred towards others.
  8. Fraud - Users are strictly prohibited from posting information that is false or otherwise misleading. This includes all posts related to buy/sell orders, recommendations & suggestions, personal information, etc.
  9. Spam - Users should not spam others posts/comment sections/ DMs with unwanted materials.
  10. Intellectual Property - Don’t infringe on others’ intellectual property rights. Users should abide by the intellectual property law at all times.
  11. Service Degradation - Don’t degrade others’ use of InvestMates by hindering their experience in any kind.
  12. Data Mining - Don’t crawl, scrape, or otherwise index information on InvestMates without our explicit permission.
  13. Content Sharing – Distributing a creator’s content without explicit permission can expose you to legal litigation from the creator.
Intellectual property

As such the complete ownership of the content rests with such content creators. The Company DOES NOT claim any ownership of 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 rest with the content creator and that it respects the local laws. The Website 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 and App and further penalize the content creator by completely removing their presence and all of their content from the Website.

We do not screen or endorse any content on the Website. If you see content that violates these terms, then let us know and we may remove it.

Your Content
  1. By posting content on to Website you grant us a royalty-free, perpetual, irrevocable, non-exclusive, sublicensable, worldwide license to use, reproduce, distribute, perform, publicly display or prepare derivative works of your content.
  2. You are responsible for your use of the Services and for any Content you provide, including compliance with applicable laws, rules, and regulations. Any use or reliance on any Content or materials posted via the Services or obtained by you through the Services is at your own risk.
  3. We do not endorse, support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any Content or communications posted via the Services or endorse any opinions expressed via the Services.
  4. All Content is the sole responsibility of the person who originated such Content. We may not monitor or control the Content posted via the Services and, we cannot take responsibility for such Content.
Copyright Infringement

Describes the course of action that a user might take during a case of copyright infringement. This again might differ depending on the product/services. This might include contacting the help and support team or even the stakeholders as the case might be.

User-Generated Content

Users may create/share content on InvestMates in "groups" or "communities" or "chats". All such content has to comply with the policies mentioned in this document. Investmates at its sole discretion does not endorse/support/verify/check any views, opinions, ideas, thoughts, content, etc. whatsoever that is shared or posted by its users by the use of its services.

Your continued use of InvestMates is conditional upon acknowledgment and acceptance of the following:

  1. InvestMates does not vet or verify the identities of its users or creators who are creating content on its platform.
  2. InvestMates 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 Securities and Exchange board/commission or not) to make any financial investments, is purely at the risk of the user.
  3. InvestMates does not verify any claims reports or opinions expressed in any content posted on its platform by users.
  4. InvestMates 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. InvestMates 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.
  6. InvestMates reserves the right to remove any content which is reported to violate any policy outlined in this document.
  7. 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 InvestMates.

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 the cost of procurement of substitute 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 direct or/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 InvestMates. We are specifically not liable for loss associated with failure to deliver content and from losses caused by conflicting contractual agreements.

Governing Laws

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.

Additional
  1. All the comparisons between portfolio/assets and information present on InvestMates help investors in their learning and decision-making process. It shall not be considered as a recommendation or investment advice. Past performance does not guarantee future returns, and the performance of portfolios is subject to market risk.