Terms and Conditions

These terms of use (“Terms and Conditions”) mandate the terms on which the users (“You” or “Your” or “User”) access and register on the website www.fibwave.in and/or mobile application ‘Fibwave’ operated and managed by Fibwave Analytics Private Limited, its affiliates and its group entities, together referred to as “Company” or “We” or “Us”, collectively referred to as, “the Platform”.

Please read the Terms of Use and Privacy Policy carefully before registering on the Platform or accessing any material, information through the Platform. The Company retains an unconditional right to modify or amend this Terms of Use without any requirement to notify You of the same. You can determine when this Terms of Use was last modified by referring to the “Last Updated” legend above. It shall be Your responsibility to check this Terms of Use periodically for changes. Your acceptance of the amended Terms of Use shall signify Your consent to the changes and the agreement to be legally bound by the same.

Platform Services

You acknowledge that the Platform is a web service that allows You to avail the services directly from the Company and Fibwave Analytics Technology Private Limited (“Fibwave Analytics”) including their products and services and facilitate communication with them for such services, and other mutual fund and general investment-related information. The Company hereby grants You, a limited, non-exclusive, non-transferable, royalty free license to use the Platform for the purposes of availing the services from Fibwave Analytics, collectively hereinafter referred to as (the “Platform Services”).

Fibwave Analytics’s Services

Use of the Platform for facilitating subscription and redemption of mutual fund units and stocks by transmitting money and instructions to the relevant asset management company (“AMCs”), as per Your instructions; maintain a record of Your personal information and financial transactions in a secure and confidential manner; and promptly and efficiently respond to your queries relating to Your Account.

Fibwave Analytics is an AMFI registered mutual fund distributor, Stockbroker and Depository Participant. It is hereby clarified that the Company is not rendering the services of mutual fund, and it is merely providing a platform to its users, Fibwave Analytics to facilitate the transaction of investment in mutual funds and stocks. If Youbuy a regular mutual fund on the Platform, Fibwave Analytics receives commissions from AMCs, details of which have been provided on the Platform and the default mutual funds available on the Platform are direct mutual funds, whether or not Fibwave Analytics receives any commissions. Please note that Fibwave Analytics only facilitates the sale of direct mutual funds through the Platform and will not be liable in any manner with respect to the mutual fund units allotted to You by the AMC.

Fibwave Analytics does not, and is not obliged to, offer all mutual fund schemes for investment or as the case maybe, all kind of investment advisory services.by limiting the number of schemes on the Platform, neither the Company nor Fibwave Analytics makes any representation as to the quality,bona fides or nature of any AMC or mutual fund scheme, or any other representation, warranty or guaranty, express or implied in respect of such mutual fund schemes. You hereby agree and acknowledge that the data and information provided on the Platform does not constitute advice of any nature whatsoever, and shall not be relied upon by You while making investment decisions and You shall be solely responsible for any investment decisions and for the purchase of any mutual funds on the Platform. In no event shall the Company and/or Fibwave Analytics be liable to You for any loss or damage that may cause or arise from or in relation to these Terms of Use and/or due to use of this Platform or due to investments made using this Platform.

As part of the Platform Services provided to You, after availing such services, You agree to provide honest feedback/review about the concerned Platform Service, if required by the Company, Next billion.

In case of any dissatisfaction with the Platform Services, You shall first file a formal complaint with the customer service of the Company and/or Fibwave Analytics, as maybe applicable, prior to pursuing any other recourse. The complaints can be lodged at support@Fibwave.in and upon lodging a complaint You agree to provide complete support to the customer service team with such reasonable information as maybe sought by them from You. The decision of the Company and/ or Fibwave Analytics, as maybe applicable, on the complaints shall be final and You agree to be bound by the same.

Use of the Platform

Subject to compliance with the Terms of Use, the Company hereby grants You a non-exclusive, limited privilege to access and use this Platform. You agree to use the Platform only:

for purposes that are permitted by the Terms of Use; and
in accordance with any applicable law, regulation or generally accepted practices or guidelines.

You agree that You shall not copy, reproduce, sell, redistribute, publish, enter into a database, display, perform, modify, alter, transmit, license, create derivatives from, transfer or in any way exploit any part of any information, content, materials, services available from or through the Platform, except that You may download the Platform for Your own personal, internal use and non-commercial use.

You agree that You will not use the Platform in any manner or engage in any activity that may damage, disable or impair or adversely affect the use of the Platform or interfere with any other users’ use, legal rights, or enjoyment of the Platform. Further, You agree not to remove any text, copyright or other proprietary notices contained in the content downloaded from the Platform.

Further, You undertake not to:

defame, abuse, harass, threaten or otherwise violate the legal rights of others; publish, post, upload, distribute or disseminate any inappropriate, profane, defamatory, infringing, obscene, indecent or unlawful topic, name, material or information; copy, republish, post, display, translate, transmit, reproduce or distribute any content on the Platform through any medium without obtaining the necessary authorization from the Company; conduct or forward surveys, contests, pyramid schemes or chain letters; upload or distribute files that contain software or other material protected by applicable intellectual property laws unless You own or control the rights thereto or have received all necessary consents; upload or distribute files that contain viruses, corrupted files, or any other similar software or programs that may damage the operation of the Platform or another’s computer; engage in any activity that interferes with or disrupts access to the Platform (or the servers and networks which are connected to the Platform); attempt to gain unauthorized access to any portion or feature of the Platform, any other systems or networks connected to the Platform, to any of the Company’s server, or through the Platform,by hacking, password mining or any other illegitimate means; probe, scan or test the vulnerability of the Platform or any network connected to the Platform, norbreach the security or authentication measures on the Platform or any network connected to the Platform. You may not reverse look-up, trace or seek to trace any information on any other User, of or visitor to, the Platform, to its source, or exploit the Platform or information made available or offered by or through the Platform, in any way whether or not the purpose is to reveal any information, including but not limited to personal identification information, other than Your own information, as provided on the Platform; disrupt or interfere with the security of, or otherwise cause harm to, the Platform, systems resources, accounts, passwords, servers or networks connected to or accessible through the Platform or any affiliated or linked sites; collect or store data about other Users in connection with the prohibited conduct and activities; use any device or software to interfere or attempt to interfere with the proper working of the Platform or any transaction being conducted on the Platform, or with any other person’s use of the Platform; use the Platform or any material or content for any purpose that is unlawful or prohibitedby these Terms of Use, or to solicit the performance of any illegal activity or other activity which infringes the rights of the Company or other third parties; falsify or delete any author attributions, legal or other proper notices or proprietary designations or labels of the origin or source of software or other material contained in a file that is uploaded; violate any applicable laws or regulations for the time being in force within or outside India or anyone’s right to privacy or personality; violate the Terms of Use contained herein or elsewhere; and reverse engineer, modify, copy, distribute, transmit, display, perform, reproduce, publish, license, create derivative works from, transfer, or sell any information or software obtained from the Platform.

Intellectual Property Rights

The Platform and all information, content, materials, products including,but not limited to text, content, photographs, graphics, texts, video and audio content and computer code (“Content”) on the Platform is owned and controlled by the Company and the design, structure, selection and feel and arrangement of the Content is protected by copyright, patent and trademark laws and other various intellectual property rights either in the favor of the Company, Fibwave Analytics or third parties from whom the appropriate permissions have been taken under applicable laws. The trademarks, logos and service marks displayed on the Platform (“Marks”) are the property of the Company and its affiliates or other respective third parties, as the case maybe. You are not permitted to use the Marks without the express prior written consent of the Company or the third party that owns the Marks.

Further, You understand and accept that all information, except Your personal information and other data submitted by You for the purposes of transacting on the Platform, through the Platform shall be deemed the property of the Company, and the Company shall be free to use any ideas, concepts, know-how or techniques provided by You on the Platform, in any manner whatsoever. On initiating a contact or query through the Platform, You agree to be contacted by the Company or Fibwave Analytics or any other entities with whom the Company has entered into an arrangement for the provisions of Services to You.

Disclaimer of Warranties, Indemnification and Limitation of Liability

You expressly understand and agree that, to the maximum extent permitted by applicable law, the Platform and other Content are provided by the Company on an “as is”basis without warranty of any kind, express, implied, statutory or otherwise, including the implied warranties of title, non-infringement, merchant ability or fitness for a particular purpose. Without limiting the foregoing, the Company makes no warranty that

the Platform or Platform Services will meet Your requirements or Your use of the Platform will be uninterrupted, timely, secure or error-free;
the results that maybe obtained from the use of the Platform will be effective, accurate or reliable;
any errors or defects in the Platform will be corrected. No advice or information, whether oral or written, obtained by You from the Company and/or Fibwave Analytics shall create any warranty not expressly stated in the Terms of Use.

The Company will have no liability related to any user Content arising under intellectual property rights, libel, privacy, publicity, obscenity or other laws. The Company also disclaims all liability with respect to the misuse, loss, modification or unavailability of any user Content. Further, the Company will not be liable for any loss that You may incur as a consequence of unauthorized use of Your Account or Account information in connection with the Platform or the Platform Services either with or without your knowledge.

The Company and its affiliates have end devoured to ensure that all the information on the Platform is correct,but the Company and/ or its affiliates neither warrants nor makes any representations regarding the quality, accuracy or completeness of any data, information regarding the Platform Services or otherwise. The Company shall not be responsible for the delay or inability to use the Platform or related functionalities, the provision of or failure to provide functionalities, or for any information, software, functionalities and related graphics obtained through the Platform, or otherwise arising out of the use of the Platform, whether based on contract, tort, negligence, strict liability or otherwise. Further, the Company shall not be held responsible for non-availability of the Platform during periodic maintenance operations or any unplanned suspension of access to the Platform that may occur due to technical reasons or for any reason beyond the Company’s control. You understand and agree that any material or data downloaded or otherwise obtained through the Platform is done entirely at Your own discretion and risk, and that You will be solely responsible for any damage to Your computer systems or loss of data that results from the download of such material or data.

You acknowledge that the software and hardware underlying the Platform as well as other internet related software which are required for accessing the Platform are the legal property of the respective vendors. The permission given by the Company to access the Platform will not convey any proprietary or ownership rights in the above software/hardware to You.

Please note that not all the Platform Services are available in all geographical areas and depending on Your location, You may not be eligible to avail certain Platform Services offered by the Company, Fibwave Analytics as the case maybe. The Company and/or Fibwave Analytics reserve the absolute right to determine the availability and eligibility for any of the Platform Service offered on the Platform.

The Company is not responsible for the availability of content or other services on third party sites linked from the Platform and the Company urges You to read the terms of use of the respective third party sites,before accessing or registering with any of such third party sites. Further, the Company and/or Fibwave Analytics does not make any warranties and expressly disclaims all warranties express or implied, including without limitation, those of merchant ability and fitness for a particular purpose, title or non-infringement with respect to any information or services or products that are available or advertised or sold through these third-party websites.

The Company and/or Fibwave Analytics shall not be liable for failure or error of any transaction on the Platform or for any failure on part of the Company and/or Fibwave Analytics to perform any of its obligations under these Terms of Use if performance is prevented, hindered or delayed by a Force Majeure event (defined below) and in such case its obligations under these Terms of Use shall be suspended for so long as the Force Majeure event continues. The term “Force Majeure Event” means any event due to any cause beyond the reasonable control of the Company and/or Fibwave Analytics, including without limitations, unavailability of any communication systems,breach, or virus in the processes or payment or delivery mechanism, sabotage, fire, flood, explosion, acts of god, civil commotion, strikes or industrial action of any kind, riots, insurrection, war, acts of government, computer hacking, unauthorized access to computer data and storage devices, computer crashes, malfunctioning in the computer terminal or the systems getting affected by any malicious, destructive or corrupting code or program, mechanical or technical errors/failures or power shut down, faults or failures in telecommunication etc.

Further, You will not dispute or hold Fibwave Analytics responsible for:

any act that is not an obligation of Fibwave Analytics under the Terms of Use;
any disclosures made by Fibwave Analytics to any statutory body under any law;
any loss, notional or otherwise, incurred by You due to delays either at the bank,bSE Star mutual fund, registrar and transfer agency and/or the AMC;
rejection of Your instructions by the bank,bSE Star MF, registrar and transfer agency and/or AMC; and
processing of instructions authenticated by Your login credentials, non-availability or non-accessibility of the Platform, telephone(s), or office(s) of Fibwave Analytics in case of circumstances beyond Fibwave Analytics’s control.

You agree to indemnify the Company and/or Fibwave Analytics, its directors and employees from any losses, damages, penalties, claims, costs and demands (including reasonable attorney fees and legal costs) arising out of breach or non-performance and/or non-observance of the duties and obligations, representations, warranties and covenants under the Terms of Use or due to your acts or omissions. You further agree to hold the Company and/or Fibwave Analytics harmless against any claims madeby any third party due to, or arising out of, or in connection with, Your use of the Platform, any misrepresentation with respect to the data or information provided by You, Your violation of the Terms of Use, or Your violation of any rights of another, including any intellectual property rights. In no event shall the Company and/ or Fibwave Analytics and its officers, partners, consultants, agents and employees,be liable to You or any third party for any special, incidental, indirect, consequential or punitive damages whatsoever, arising out of or in connection with Your use of or access to the Platform or Content on the Platform. The limitations and exclusions in the Terms of Use apply to the maximum extent permitted by applicable laws.

You warrant that all the details and information provided by You to the Company and/or Fibwave Analytics while using this Platform (including for the purposes of carrying out investments ) are correct, accurate and genuine. You further warrant that providing such details and information on the Platform or sharing of the aforesaid details/information shall not violate any third – party rights or the intellectual property right of any third party.

You hereby further acknowledge and agree that You may create a pool or selection of mutual funds (“Portfolio”) either for the purposes of subscription or otherwise (including for the purposes of Your own analysis). While creating such a Portfolio, You will be given an option to make the Portfolio created by You to be made visible to other users on the Platform. If You opt for the Portfolio to be made visible to third parties, You hereby acknowledge and agree that the Portfolio can be copied or used by the Company and/or Fibwave Analytics or the other users of this Platform for the purposes of investment. Please note that in such cases, You shall not claim any royalty or other financial/monetary benefits or compensation from the Company and/or Fibwave Analytics or any of the other users of this Platform for the use of Your Portfolio.

Notwithstanding whether You opt to make Your Portfolio public or not, You hereby specifically acknowledge and agree that You shall not have any proprietary right or intellectual property right over the choice, selection, idea or concept of pool of mutual funds in that Portfolio; and the Company and/or Fibwave Analytics shall have the right to adopt or copy the Portfolio for its commercial and non-commercial use.

Further, You shall be solely responsible for any investment decision taken by it on the basis of the Portfolio created using this Platform or the system generated analysis of such a Portfolio; and the Company and/or Fibwave Analytics shall not be liable for any loss or damage caused to You or any other users of this Platform due to such an investment decision, or any kind of reliance upon it. The Company and Fibwave Analytics specifically and expressly disclaims the accuracy and correctness of the analysis or data generated or reflected while creating such a Portfolio.

Eligibility to Use

By accepting the Terms of Use, You hereby represent that:

You are of 18 (eighteen) years of age or older and in case of You are acting as guardian on behalf of a minor, You have the necessary authority to register/sign up on the Platform for the availing the Services on behalf of the minor;

You are of legal age to form a binding contract, are not a personbarred from receiving the Platform Services under the applicable laws and are competent to enter into a binding contract. The Company reserves the right to refuse access to the Platform to new Users and any such user who has been suspended or removed by the Company for any reason whatsoever shall not been entitled to avail the Platform Services; and

You agree to abide by the Terms of Use, offer documents, investor application form, demat account opening form and Risk Disclosure documents and any other information provided by You on and through the Platform for the provision of the Platform Services;

the money You invest is from Your bank account (primary holder’s bank account in case of Investment Account held jointly), and the same is from legitimate sources and remitted through approved banking channels;

You are prohibited from selling, trading, or otherwise transferring Your Account to another party or impersonating any other person for the purposing of creating an account with the Platform; You agree to make an informed independent investment decision by reading the offer documents of the mutual fund schemes that You are investing in; and Before investing, You shall seek independent financial planning, legal, accounting, tax or other professional advice, if required. User Account, Password and Security

In order to access the Platform Services on the Platform and Your account on the Platform (“Account”), You will have to register on the Platform by providing details including but not limited to mobile number, mother’s name, father’s name, email address, password, date of birth, gender, Permanent Account Number (PAN), signature, marital status, nominee details, cancelled cheque, photograph and video recording, etc. and other information as maybe required by the Company from time to time. Your Account will be activated once Fibwave Analytics, undertakes Your KYC verification in accordance with the Know Your Client (“KYC”) guidelines issued by the Securities and Exchange board of India (“SEBI”)based on the information provided by You including personal information.

We may also ask You for certain financial information, including Your billing address,bank account details, credit card number, expiration date and/or other payment related details or other payment method data, and debit instructions or other standing instructions to process payments for the Platform Services. The Company may ask You to provide certain additional information about Yourself on a case to casebasis. You shall ensure and confirm that the Account information provided by You is complete, accurate and up-to-date. If there is any change in the Account information, You shall promptly update Your Account information on the Platform. If You provide any information that is untrue, inaccurate, not current or incomplete (orbecomes untrue, inaccurate, not current or incomplete), or if the Company has reasonable grounds to suspect that such information is untrue, inaccurate, not current or incomplete, the Company has the right to suspend or terminate Your Account and refuse any and all current or future use of the Platform (or any portion thereof) at its discretion, in addition to any right that the Company may have against You at law or in equity, for any misrepresentation of information provided by You.

You will be responsible for maintaining the confidentiality of the Account information and are fully responsible for all activities that occur under Your Account and also agree to keep your login credentials safe and confidential at all times. You further agree to promptly change your login credentials and inform the Company immediately in case of any actual or suspected unauthorized use of Your Account. The Company cannot and will not be liable for any loss or damage arising from Your failure to comply with this provision. You maybe held liable for losses incurred by the Company or any other user of or visitor to the Platform due to authorized or unauthorized use of Your Account as a result of Your failure in keeping Your Account information secure and confidential.

Violation of the Terms of Use

You agree that any violation by You of these Terms of Use will constitute an unlawful and unfair business practice, and will cause irreparable harm to the Company and/ or Fibwave Analytics, as the case maybe, for which monetary damages would be inadequate, and You consent to the Company obtaining any injunctive or equitable relief that they deem necessary or appropriate in such circumstances. These remedies are in addition to any other remedies that the Company may have at law or in equity. If the Company takes any legal action against You as a result of Your violation of these Terms of Use, they will be entitled to recover from You, and You agree to pay, all reasonable attorneys’ fees and costs of such action, in addition to any other relief that maybe granted.

Suspension and Termination

The Terms of Use will continue to apply until terminated by either You or the Company as set forth below. If You object to the Terms of Use or are dissatisfied with the Platform, your only recourse is to

close Your Account on the Platform; and/or
stop accessing the Platform. In case you violate these Terms of Use and/ or any applicable law, the Company may, at any time and in its sole discretion, terminate Your Account and/or prevent You from accessing the Platform and/or Platform Services.

The Company may delist You or block Your future access to the Platform or suspend or terminate your Account if it believes, in its sole and absolute discretion that You have infringed,breached, violated, abused, or unethically manipulated or exploited any term of these Terms of Use or anyway otherwise acted unethically. Notwithstanding anything in this clause, these Terms of Use will survive indefinitely unless and until the Company chooses to terminate them. If You or the Company terminate Your use of the Platform, the Company may delete any Content or other materials relating to Your and the Company shall have no liability to You or any third party for doing so. However, Your transactions details maybe preserved by the Company for purposes of tax or regulatory compliance.

The Company, in consultation with Fibwave Analytics, may modify these terms at any time.

Refund policy

The transactions on the Platform with respect to the Platform Services will be completed only after successful transfer of money from Your registered bank account to the relevant AMC. Please note that the mutual fund and the stock will be credited to Your Account within 2 (two) days from the date of successful transfer of such amount. You hereby agree and acknowledge that the transactions on the Platform once completed cannot be cancelled by You. With respect to investments in mutual funds and stocks, in case of successful transfer of money from Your account registered with the AMC, however, any failure to reflect the mutual fund in the Account, the money would be refunded to Your registered bank account within the relevant time period agreed with the AMC and Fibwave Analytics shall not be responsible for the same.

Governing laws

The Terms of Use shall be governed and construed in accordance with the laws of India without reference to conflict of laws principles. All disputes arising in relation to shall be subject to the exclusive jurisdiction of court at Bangalore.

SEBI Caution

Investment in the securities market (including mutual fund investments ) are subject to market risks, please read all investments , offer and scheme-related documents carefully,before investing. For the purposes of these Terms of Use, the term “Offer Document(s)” shall refer to a collective term for Offer Document, Scheme Information Document, Statement of Additional Information, Key Information Memorandum, issued by the Asset Management Company that manages the mutual fund.

Report Abuse

In the event You come across any abuse or violation of these Terms of Use or if You become aware of any objectionable content on the Platform, please report the same to the following e-mail id: support@Fibwave.in

Communications

You hereby expressly agree to receive communication (including transaction messages) or by way of SMS and/or E-mail or through WhatsApp from the Company or Fibwave Analytics or any third party in connection with the Platform Services or Your registration on the Platform. You can unsubscribe/ opt-out from receiving communications through SMS and e-mail any time by visiting support@Fibwave.in

Whatsapp Groups

The Company reserves a right to create any Whatsapp groups (“Groups”) through its representatives (hereinafter referred to as “Group Admin”) who are expressly authorized to control, monitor and administer the Groups on its behalf. The usage, membership, and participation in the Group are subject to the following terms and conditions:

You shall not

use the Groups for circulating, uploading, transmitting, or otherwise making available any information, data or content that is unlawful, harassing, threatening, harmful, tortuous, defamatory, libelous, abusive, violent, obscene, vulgar, invasive of another’s privacy, hateful, racially or ethnically offensive, or otherwise objectionable; stalk, harass, threaten or harm another user using the Groups; engage in any copyright infringement or other intellectual property infringement, or disclose any trade secret or confidential or personal information in violation of a confidentiality, employment, or nondisclosure agreement and/or privacy norm to which you are subject to; post, send, transmit or otherwise make available any unsolicited or unauthorized e-mail messages, advertising, promotional materials, junk mail, spam, or chain letters, including, without limitation,bulk commercial advertising, and informational announcements; upload, post, e-mail, transmit, store or otherwise make available any material that contains viruses or any other computer code, files or programs designed to harm, interfere or limit the normal operation of the Service (or any part thereof), or any other computer software or hardware; interfere with or disrupt the Group services; plan or engage in any illegal activity using the Groups; circulate or post any jokes and poems; circulate or post any religious or politically oriented views or comments; and pretend to be anyone, or any entity, You are not i.e. You may not impersonate or misrepresent yourself as another person (including celebrities), entity, another participant of the Groups, an employee or official or representative of Fibwave Analytics,;

The Group Admin reserves the right at all times to determine, in its sole discretion, whether the content posted on the Group is appropriate and in compliance with these Terms of Use. The Group Admin further reserves the rights to remove any participant/member from the Group if it finds You or any participant/member to have circulated/posted any content which is objectionable or improper for the Groups or its participants and/or deemed to have violated the Terms of Use or for any reason whatsoever. The participants shall not challenge or question such removal by the Group Admin or declaration of any content as inappropriate or not compliant with the Terms of Use. The participant hereby agrees and acknowledges that any of such actions by the Groups Admin shall not be construed as defamatory by the participant or You. This Group shall be used only for communication and group chat in relation to financial investments , and financial products.

The views or comments posted herein by any participant (including any recommendation for investment and/or disinvestment in any financial products including mutual funds) shall be the views and comments of that participant only and shall not be construed to be the views or comments of the Group Admin and/or the Company, Next billion or that such view/comments are endorsed by the Group Admin and/or the Company or Next billion.

The participant agrees and acknowledges that views/comments/suggestion by any other participants in the Groups shall be subject to verification by the participant reading/relying upon such views/comment/suggestion including view/comments/suggestion with respect to any financial product or class of financial products and financial market conditions. The participant agrees and acknowledges that the investments in mutual funds, stocks or any other financial products are subject to market risks (including possible loss of the principal amount invested), and the participant shall read all investment/scheme-related documents carefully, and make its own assessment before making any investment/disinvestment decision.

You agree to defend, indemnify and hold the Group Admin, the Company and/or Next billion, its affiliates, subsidiaries, directors, officers, employees, agents, partners and licencors harmless from any claim or demand, including reasonable attorney’s fees, made by a third party or any other participant in the Groups, relating to or arising from:

any content You submit, post, transmit, or otherwise make available in and through the Groups;
Your use of the Groups; and/ or

You agree and acknowledge that Your personal information including your mobile number disclosed in the Groups maybe used by the participants and/or the Groups Admin/the Company or Fibwave Analytics to communicate or establish contact with you or for any other purposes. You hereby further unconditionally consents that such communications via SMS/text messaging services and/ or voice call by any other participant, Group Admin/ Fibwave Analytics Technology Private Limited is

upon the request and/or authorization by you,
‘transnational’ and not an ‘unsolicited commercial communication’ under applicable laws including under the guidelines issued by Telecom Regulation Authority of India (“TRAI”) and
in compliance with the relevant guidelines of TRAI or such other authority in India and abroad. You shall indemnify the Group Admin and/or Next billion against all types of losses and damages incurredby it or its affiliates, ,subsidiaries, directors, officers, employees, agents, partners and licensors due to any action takenby TRAI, access providers (as per TRAI regulations) or any other authority due to any erroneous compliant raisedby you or anyone on the Group Admin and/or Fibwave Analytics or its affiliates, subsidiaries, directors, officers, employees, agents, partners and licencors with respect to the intimations mentioned above or due to a wrong number or other contact details provided by you for any reason whatsoever.

Posts

The Company and/ or Fibwave Analytics may provide and display content on the Platform which features specific articles/write ups by third parties in relation to the mutual fund and stocks. You hereby agree and acknowledge that such content displayed on the Platform does not represent the views and/ or recommendations of the Company and/or Next billion and You are required to read the documents carefully before investing in any mutual funds and/ or stocks. You may also be allowed to post and comment on such content on the Platform and You hereby undertake to ensure that such comments shall not be offensive and will be in accordance with applicable laws. All material added, created, submitted, or posted to the Platform by You is Your sole responsibility. The Company and/ or Next billion reserves the right to review any information provided/data uploaded, if any,by You on the Platform and delete any information/data that is inconsistent with these Terms of Use.

General Provisions

Notice

All notices from the Company will be served by email to Your registered email address or by general notification on the Platform. Any notice provided to the Company pursuant to the Terms of Use should be sent to support@Fibwave.in with subject line – Attention: TERMS OF USE.

Assignment

You cannot assign or otherwise transfer the Terms of Use, or any rights granted hereunder to any third The Company’s rights under the Terms of Use are freely transferable by the Company to any third party without the requirement of seeking Your consent.

Severability

If, for any reason, a court of competent jurisdiction finds any provision of the Terms of Use, or any portion thereof, to be unenforceable, that provision shall be enforced to the maximum extent permissible so as to give effect to the intent of the parties as reflected by that provision, and the remainder of the Terms of Use shall continue in full force and effect.

Waiver

Any failure by the Company to enforce or exercise any provision of the Terms of Use, or any related right, shall not constitute a waiver by the Company of that provision or right.

IP Infringement

If You believe the Platform violates Your intellectual property, You must promptly notify the Company in writing at support@Fibwave.in These notifications should only be submitted by the owner of the intellectual property or an agent authorized to act on his/her behalf. However, any false claim by You may result in the termination of Your access to the Platform. You are required to provide the following details in Your notice:

the intellectual property that You believe is being infringed
the item that You think is infringing and include sufficient information about where the material is located on the Platform;
a statement that You believe in good faith that the item You have identified as infringing is not authorized by the intellectual property owner, its agent, or the law to be used in connection with the Platform;
Your contact details, such as Your address, telephone number, and/or email;
a statement that the information You provided in Your notice is accurate, and that You are the intellectual property owner or an agent authorized to act on behalf of the intellectual property owner whose intellectual property is being infringed; and
Your physical or electronic signature.

Fibwave Terms of Use for Deposit Services

These terms of use (“T&Cs for Deposit Services”) mandate the terms on which You access and register on the Platform for availing the services in relation to recurring and/or fixed deposit schemes (“Deposit Services”) offered by partnered third party banks and non –banking financial institutions (“Financial Institutions”).

These T&Cs for Deposit Services are in addition to the Terms of Use and Privacy Policy of the Platform that apply to You when You access and register on the Platform for availing the Platform Services. The Terms of Use and T&Cs for Deposit Services shall be read harmoniously and in case of any conflict, the T&Cs for Deposit Services shall prevail solely in relation to the Deposit Services to the extent of conflict. All capitalized terms used herein however not defined, shall have the meaning ascribed to them under the Terms of Use and/ or the Privacy Policy. All information collected by the Platform to provide the Deposit Services will also be covered under the Privacy Policy.

Please read the T&Cs for Deposit Services carefully before registering on the Platform for such services, or accessing any material information in relation to the Deposit Services through the Platform.by accessing and using our Deposit Services You accept these T&C and agree to be legally bound by the same.

1. Deposit Services:

The Company hereby grants You, a limited, non-exclusive, non-transferable, revocable license to use the Platform for the purposes of availing the Deposit Services from Neobillion Fintech Private Limited (“Neobillion”). The Deposit Services shall include communication with the User for verification, facilitating opening and closing of deposits offered by Financial Institutions, technological, non-financial customer support, information on various deposit schemes, sending promotional messages and renewal reminders, and facilitating other communication with them in respect of the services. The User may approach Neobillion or the respective Financial Institution with whom they have opened their deposit scheme, for assistance in relation to non – financial support such as nominee change, address change,bank details change, etc. Neobillion shall have a right to partner with any financial institution as determined by Neobillion in its sole discretion from time to time.

2. User Undertaking:

You hereby agree and acknowledge:

to promptly provide but preferably no later than 2 (two) days from the date of request, all KYC details (including identity proof, permanent account number (PAN) and address proof) and any other information as maybe requestedby Neobillion and/or the Financial Institution for providing the Deposit Services to You and undertaking the verification of the KYC. Neobillion reserves a right to request for additional information or documents from the User while providing the Deposit Services. You understand and agree that all such information and documents collected by Neobillion will be shared with the Financial Institution of Your choice;
to provide complete, genuine and accurate information and documents to Neobillion for availing the Deposit Services and shall ensure that such information is not false, misleading or incorrect. In relation to the bank accountbeing used for availing the Deposit Services, You hereby represent and warrant that the bank account is opened in Your name, You are authorized to operate such bank account and there are sufficient funds in such account for availing the Deposit Services;
that the request for deposit schemes will be made in individual capacity only since, joint deposit schemes are not permitted through the Platform;
the verification of Your KYC may take up to [5 (five)]business days and consequently, it may affect the date of creation of Your deposit and/or interest receivable on such deposits by You.
pay upfront fees which maybe applicable from time to time.

3. Right of cancellation:

Neobillion shall have a right to cancel the request received from the User for availing the Deposit Services if:

User fails to provide the KYC details and any other information requested for providing the Deposit Services within the stipulated time period; or
User provides information which in the opinion of Neobillion or any of its affiliates, is incorrect, or misleading information or the bank account to be used for the Deposit Services is not a verified account of the User or
User/depositor does not qualify under the eligibility criteria as set forth which maybe amended from time to time.

4. Freezing of Account: 4. Freezing of Account:

In the event, Neobillion is of the opinion or informed about any fraudulent transaction/ violation of policies, Neobillion will have the exclusive right to block / freeze such account until further course of action.

5. Termination:

In case of termination:

of Your Account or access to Platform in accordance with the Terms of Use; or
of the contractual arrangement between Neobillion and the respective Financial Institution with whom You have opened the deposit scheme, which shall be intimated to You by Neobillion, You are requested to directly reach out to the respective Financial Institution for any assistance or support in relation to Your deposit schemes.

6. Disclaimer:

The information in relation to the deposit schemes including the interest rates offered by the Financial Institutions is received from the respective Financial Institution and is displayed on an “as is”basis on the Platform. The Company and/or Neobillion are not in any manner responsible for the accuracy, completeness of such information and any difference in the interest rate displayed or provided on the Platform and that is made available by the Financial Institution on the deposit schemes at the time of creation. The provision of the Deposit Services through the Platform and display of such information received from the Financial Institution shall not in any manner constitute any recommendation, advice or opinion being given by Neobillion or any of its affiliates in relation to the Financial Institutions or the deposit schemes; The deposit schemes are being provided by the respective Financial Institution(s) selected by You through the Platform, the Company is enabling access to the Platform and Neobillion is facilitating the provision of Deposit Services to You. The Company, Neobillion or any of its affiliates, do not accept the deposits on their own accord and do not have any deposit schemes of their own. Neobillion or the Company are not in any manner handling the funds/payments of the Users towards the deposit schemes ; Neobillion shall share the information and documents received from You for the deposit scheme(s) with the respective Financial Institution selected by You through secured channels. Further Neobillion shall hold / transfer / store such data as per their data privacy policy and share only to the extent as permissible under law. While Neobillion undertakes measures to ensure that such transmission is error free, however, it does not guarantee that the transmissions of Your details will always be secure or that unauthorized third parties will never be able to defeat the security measures taken by Neobillion. Neobillion assumes no liability or responsibility for disclosure of Your information due to errors in transmission, unauthorized third-party access, or other causes beyond its reasonable control; The decision to accept or reject the request for the deposit schemes received from a User is that of the Financial Institution and such Financial Institution is also solely responsible for undertaking the due diligence of the User and for ensuring compliance with applicable laws in respect of creation (including maturity and redemption) of deposit scheme for the User. The Financial Institution may decide, in its sole discretion, to reject a request from a User to avail a deposit scheme, including in the event of

failure to satisfy KYC verification, as determined by the Financial Institution;
insufficiency of funds in the bank account; or
payment made from an account which the User is not authorized to operate.

In the event that a deposit scheme is rejected or cancelled by a Financial Institution with whom the request was placed, the principal amount, if any transferred by the User will be refunded to the User without any interest in a reasonable time period. The Company nor Neobillion will be responsible or liable to the User or any third party, for any acts or omissions of the Financial Institution including delay, rejection or cancellation of the deposit scheme, any loss of money or damage caused to You or failure of the Financial Institution to refund the money collected from the User or any part thereof,breach of confidentiality or any applicable law, negligence of the Financial Institution or failure to perform any obligations with respect to the Deposit Services; and The Company and/or Neobillion may use third party payment gateways to process the payment in respect of the Deposit Services and are therefore, not liable and responsible in any manner for any delay in processing the transactions, including any delay in credit of funds to the Financial Institutions from the User’s bank account or difference in the date of creation of deposit or the interest receivable on such deposits. In the event, the deposit is not registered with the respective Financial Institution for any reason whatsoever after the payment has been successfully made by the User, the entire amount will be refunded to the User without interest within a reasonable time period.

7. Indemnification

You agree to indemnify the Company, and/or Neobillion, its directors and employees from any losses, damages, penalties, claims (third party claims), costs and demands (including reasonable attorney fees and legal costs) arising out of breach or non-performance and/or non-observance of obligations, representations, warranties and covenants under the T&Cs for Deposit Services or due to Your acts or omissions or any misrepresentation with respect to the data or information provided by You, or Your violation of any rights of another, including any intellectual property rights.

8. Modifications:

The Company and Neobillion retain the unconditional right to modify or amend these T&Cs for Deposit Services without any requirement to notify You of the same. It shall be Your responsibility to check these T&Cs for Deposit Services periodically for changes. Your acceptance of the amended T&Cs for Deposit Services shall signify Your consent to the changes and the agreement to be legally bound by the same.

9. Governing laws and Jurisdiction

These T&Cs for Deposit Services shall be governed and construed in accordance with the laws of India without reference to conflict of laws principles. All disputes arising in relation to shall be subject to the exclusive jurisdiction of court at Bangalore, India.