In order to provide you with our services, we collect and disclose information about you. This document explains our information practices and the way your information is collected and used.

OVERVIEW

During registration and afterward, we collect alpha-numeric information that is stored on the user specific account. Any personal information is collected purely for validation and login purposes are used for marketing or notifications as set forth herein.

1. We may conduct surveys, polls and other information gathering tools on our App to get your feedback about various things such as your experience with the modules and our services – such information is retained by us for commercially reasonable periods of time;


2. If you communicate with us through e-mails, we may keep a record of such communication;


3. We store details of transactions you carry out such as the Modules used, or details of subscription availed;


4. We also store details of any transaction made through the payment gateways linked to the App, to the extent we deem necessary to complete the transaction and for the sake of maintaining our internal records;

We do not collect or store confidential bank account PIN codes, bank account passwords, and other such critical user information.

USE OF YOUR INFORMATION

We may use your information to

1. Improve the content, look and feel of the App;


2. To provide you with information on Modules / Features or information that may be of interest to you;


3. To respond to queries or comments from you;


4. To process orders and payments towards subscriptions;


5. For marketing and notifications purposes; and


6. For any other purpose deemed necessary.

DISCLOSURE OF YOUR INFORMATION

We may (and you hereby authorize us to) release your information to a third-party in order comply with a court order or other similar legal procedure, or when we believe in good faith that such disclosure is necessary to comply with the law; prevent imminent physical harm or financial loss; or investigate or take action regarding illegal activities, suspected fraud, or violations of the Agreements (as defined in the App’s Terms of Use).

In addition to the above, from time to time, we may disclose your information as follows:

1. We may collaborate with other natural and legal persons to offer you services. We will share such information of yours that we deem necessary.


2. We may also disclose your information to our affiliates and non-affiliated business partners for their use, both on our behalf and for their own business purposes. Our affiliates and business partners may use such information to send you information about their services, and other information and materials that may be of interest to you.


3. We will also use and share your information with third-party payment gateways to ensure an active payment mechanism on the App. Any such third-party payment gateway or other payment transaction processors have their own privacy policies in respect to the information we are required to provide to them for your subscription-related transactions. For these providers, we recommend that you read their privacy policies so you can understand the manner in which your information will be handled.

As a risk to any transaction carried out through the medium of the internet, third parties may unlawfully intercept or access transmissions and may abuse or misuse your information. Therefore, we do not promise, and you should not expect, that your information would always remain private. All information collected and stored by us is encrypted and protected by 128-bit Secure Socket Layer (SSL). SSL is a protocol for secure data transmission in the internet, and uses the public key encryption system by which data is encoded by a publicly accessible key and can then only be decoded by a specific private key.

OTHER INFORMATION COLLECTORS

Except as otherwise expressly included in this Privacy Policy, this document only addresses the use and disclosure of information we collect from you. Since we do not control the privacy policies of the third parties, you are subject to ask questions before you disclose your personal information to others.

1 . GENERAL

The mobile (android / iOS) / tablet / web application ‘CoValue’ (hereinafter referred to as “Application” or “App”), is owned by CoValue Technologies Private Limited, Mumbai, India.

1. For the purpose of these Terms of Use, as amended, wherever the context so requires “You” or “User” shall mean any natural or legal person who has agreed to become a user of the Application by installing the Application. The term “We”, “Us”, “Our” shall mean CoValue. “Agreement” shall mean and refer to this Terms of Use, including any amendments that may be incorporated into it and the Terms of Use, and other Policies available on our Website, www.covalue.io. “Third Party” shall mean and refer to any natural or legal persons apart from the User and CoValue.
   
   The headings of each section in this Terms of Use are only for the purpose of organising the various provisions under these Terms in an orderly manner. These headings shall not be used by either party to interpret the provisions contained with them in any manner. Further, the headings have no legal or contractual value. The terms used herein shall have the same meaning ascribed to them in the Terms of Service, Privacy Policy, and other policies available on the Website www.covalue.io (“Website / Site”).


2. By using the App, You accept and agree to be bound by this Agreement, the Privacy Policy, as well as rules, guidelines, policies, terms, and conditions applicable to any service / module that is provided by or through this Application, including the Terms and Policies on the Website relating to standalone services that shall be deemed to be incorporated into this Terms of Use and shall be considered as part and parcel of this Terms of Use (collectively “Terms”). Your use of Our Application is evidence that you have read and agreed to be contractually bound by these Terms. Please read them carefully. If you do not agree with any of these Terms, please discontinue using the Application.


3. We hold the sole right to modify the Terms without prior permission from you or providing notice to you. The relationship creates on you a duty to periodically check the Terms and stay updates on its requirements. If you continue to use the Application or avail of its services following such change, it is deemed as consent by you to the so amended Terms. Your continued use of the Application is conditioned upon your compliance with the Terms.

To fully avail the services of the Application, you must download the app from the ‘Google Play store APP’ or Apple ‘App Store’, verify your e-mail ID and / or phone number and provide a password. Alternatively, you may use your social media login credentials to access and use the Application. However, you will have to login to the application to use it, with the help of a password. It is specified that the use of the web application on the Website, you must login using the credentials you registered with. Without limitation to the foregoing, in the event you are barred from undertaking legally binding obligations under the Indian Contract Act, 1872, or are for any reason, unable to provide ‘consent’ as per the Information Technology (Reasonable security practices and procedures and sensitive personal data or information) Rules, 2011, you are not eligible to register for, use or avail the services available on the Application.

2 . RESTRICTIONS ON USE

You may access your account from up to three platforms (IOS, Android and Web), provided, there is only one login per platform.

You may store not more than 1000 (one thousand) plans per module made available.

Without limiting any other provisions of these Terms, you may not use this Application for any purpose that is unlawful or prohibited by these Terms and/or any applicable additional terms. Your access of this Application may be terminated immediately, in our sole discretion, with or without notice, if you fail to comply with any provision of these Terms and/or additional terms, or for any other or no reason.

3 . REGISTRATION

You are solely responsible for maintaining the confidentiality of your account, username and password and for all activities and liabilities associated with or occurring under your account, username and password. You must notify us immediately of any unauthorized use of your account, username or password and any other breach of security, and ensure that you exit from your account at the end of each session. We cannot and will not be responsible for any loss or damage arising from your failure to comply with this requirement or as a result of use of your account, username or password, either with or without your knowledge. However, you could be held liable for losses incurred by us or another party due to someone else using your account, username or password.

You shall not transfer your account, username or password to another person , and you may not use anyone else’s account, username or password at any time without the permission of the account holder.

During registration, You agree to (a) provide true, accurate, current and complete information about yourself as prompted by the registration form, (b) maintain and promptly update your data to keep it true, accurate, current and complete; and (c) comply with these Terms of Use. If you provide any information that is untrue, inaccurate, not current or incomplete, or if we believe that such information is untrue, inaccurate, not current or incomplete, we reserve the right to suspend or terminate your account and refuse any and all current or future use of the App, or any portion thereof.

4 . COMMUNICATIONS

By using this Application, it is deemed that you have consented to receiving telephonic calls, SMSs and/or promotional emails from us. Such communications shall be sent to you on the telephone number and/or email id provided by you for the use of this Application / for the Subscription, or that associated with the social media plugin you use to access the Application. Such communication may be for purposes that inter alia include clarification calls, marketing calls and promotional calls.

5 . USER CONTENT

CoValue allows you to post content in the form of alphanumeric data, and share content, including documents and comments. Any content that you post / share or otherwise make available on or through the Application is “User Generated Content”. You retain all rights in, and are solely responsible for, any and all User Generated Content you post to CoValue, subject to the terms set forth herein. It is hereby clarified that we play no determinative role in your sharing of User Generated Content with other users, and shall not be liable for any actions or omissions of such user to whom you shared such content. It is further specified that we shall not be liable for any use or sharing of such content by such user. All such responsibility shall vest with the user sharing the User Generated Content.

OUR USE OF USER GENERATED CONTENT

You grant CoValue, its affiliates and concerns, and its Users, a non-exclusive, royalty-free, transferable, sub-licensable, worldwide license to store, display, reproduce, and distribute your User Generated Content on CoValue for the purposes of operating, developing, providing, and using CoValue and its services. Nothing in these Terms shall restrict other legal rights CoValue may have to User Generated Content under other licenses. We reserve the right to remove User Generated Content for any reason, including a violation or an apparent violation of these Terms or our policies, as we may solely determine. However, we do not retain the right to modify any User Generated Content, and shall not access the User Generated Content, in the event such access is not required for the purposes of the Services rendered.

Following termination or deactivation of your account, or your removal of any User Generated Content from CoValue, we may, but shall not be bound to, retain such Content for a commercially reasonable period of time for backup, archival, or audit purposes. It is specified that CoValue shall have the right to remove all User Generated Content following termination or deactivation of your account.

FEEDBACK

We value hearing from our users, and are always interested in learning about ways we can make CoValue more awesome. If you choose to submit comments, ideas or feedback, you agree that we are free to use them without any restriction or compensation to you. By accepting your submission, CoValue does not waive any rights to use similar or related Feedback previously known to CoValue, or developed by its employees, or obtained from sources other than you

6 . MODULES AND FEATURES

The app, at present, has five modules: Know Your Worth, Capital Markets & Expectations Valuation, PErception, Value Augmentation, and Quick Tools.

The Know Your Worth module allows a user to arrive at the valuation of any type of company, anywhere in the world, based on parameters on formulae set by CoValue. For more information on the formulae, kindly refer to FAQ’s and Tool Tips on the Application.

Capital Markets & Expectations Valuation module allows the user to iterate and determine what value driver assumptions, built in to the stock price.

PE Decrypt module allows the user to iterate and determine what value drivers assumptions are built into the stock price.

Value Augmentation module allows the user to compute and evaluate share buyback programs; economic breakeven margin; value strategies and conduct value impact analysis on shareholder values.

Quick tool Module contains features that enable swift computation of CAGR, CAPM, Cost of Capital, Residual Value, Future Value, Quick Valuation, Economic Breakeven Margin and Compounding.

REFUND AND CANCELLATION

It is hereby specified that we shall be under no obligation to refund, in whole, or in part, any subscription amount paid by the User to avail Services through CoValue. It is specified that we retain all rights to alter the subscription amounts payable by the User, at all points in time. It is further specified that in the event of a change in subscription amounts payable by a User in the course of the subscription duration, we reserve all rights to direct the User to pay the amended subscription amount, failing which we shall have the right to suspend the subscription of the user till such time as complete payment has been made. It is clarified that this right shall be exercisable solely at the discretion of CoValue.

7 . DISCLAIMERS

1. CoValue is a tool and not a business broker or financial adviser and should not be relied upon as such.


2. Covalue does not represent or endorse the accuracy or reliability of any advice, opinion, statement or any other information displayed or distributed through the service. User acknowledges that any reliance upon any such opinion, advice, statement or other information shall be at user’s sole risk.


3. CoValue may at any time, without notice or liability, change or eliminate any content or feature of the service, or resist the use of any portion of the Service.


4. CoValue does not have access to or store sensitive data relating to the means of payment used by the user. Such information is processed by and through the corresponding financial institution responsible for processing the payment for any subscription.


5. CoValue does not perform an audit and undertakes no duty of due diligence or independent verification of any information made available through the Application.


6. CoValue assumes no liability for the repercussions of using the application, including without limitation, loss or damage of data, failure to boot, or other errors in the working of the device on to which the application has been downloaded.


7. Decisions based on information obtained from CoValue are your sole responsibility, and prior to making any decision on the basis of such information, you should consider (with or without the assistance of financial and / or securities advisors) whether the information is appropriate in light of your particular investment needs, objectives, and financial circumstances.


8. You may use CoValueto share plans created by you with selected third parties. By using CoValue, the selected recipient understands and accepts that CoValue does not endorse any User or their plan, and is not liable in any manner for the information shared with such recipient.

8 . USER’S OBLIGATIONS / REPRESENTATIONS AND WARRANTIES

The User undertakes to fulfil the following obligations, the failure to satisfy any of which gives us the right to permanently suspend your account and/or claim damages for any losses that accrue to us or additional costs that may be imposed on us.

1. You hereby certify that you are at least 18 years of age.


2. You agree to comply with all local laws and regulations governing the downloading, installation and/or use of the Application, including, without limitation, any usage rules set forth in this Agreement.


3. You undertake not to:
   1. Cut, copy, distribute, modify, recreate, reverse engineer, distribute, post, publish or create derivative works from, transfer, or sell any information or software obtained from the Application via any media or forum, offline or online, save through the Application itself. For the removal of doubt, it is clarified that unlimited or wholesale reproduction, copying of the content for commercial or non-commercial purposes and unwarranted modification of data and information within the content of the Application is not permitted. It is clarified that this clause shall not be applicable to sharing of content as authorised and permitted through the Application.
   
   
   2. Access (or attempt to access) the Application and/or the materials or posts on any network by any means other than through the interface that is provided by the Application. The use of deep-link, robot, spider or other automatic device, program, algorithm or methodology, or any similar or equivalent manual process, to access, acquire, copy or monitor any portion of the Application or Content, or in any way reproduce or circumvent the navigational structure or presentation of the Application, materials or any Content, to obtain or attempt to obtain any materials, documents or information through any means not specifically made available through the Application is prohibited. You acknowledge and agree that by accessing or using the Application, You may be exposed to content from other Users or Third Parties that you may consider offensive, indecent or otherwise objectionable. We disclaim all liabilities arising in relation to such offensive content on the Application.
   
   
   3. Use the Application in any manner that may impair, overburden, damage, disable or otherwise compromise CoValue’s services.
   
   
   4. Use the modules, features, or information made available through CoValue to further any unlawful purposes or to conduct any unlawful activity, including, but not limited to, fraud, embezzlement, money laundering or identity theft.
   
   
   5. Use the modules, features, or information made available through CoValue to abuse, harass, threaten, defame, disillusion, erode, abrogate, demean or otherwise violate the legal rights of others;
   
   
   6. Engage in any activity that interferes with or disrupts access to the Application or the Services (or the servers and networks which are connected to the Application);
   
   
   7. Probe, scan or test the vulnerability of the Application or any network connected to the Application, nor breach the security or authentication measures on the Application or any network connected to the Application. You may not reverse look-up, trace or seek to trace any information on any other user of the Application, or exploit the Application or Services or information made available or offered by or through the Application, 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 required;
   
   
   8. Disrupt or interfere with the security of, or otherwise cause harm to, the Application, systems resources, servers or networks connected to or accessible through the Applications or any affiliated or linked applications;
   
   
   9. Violate any applicable laws or regulations for the time being in force within or outside India;
   
   
   10. Threaten the unity, integrity, defence, security or sovereignty of India, friendly relations with foreign states, or public order, or cause incitement to the commission of any cognizable offence or investigation of any offence or is insulting any other nation; or
   
   
   11. Violate any code of conduct or other guidelines, which may be applicable for or to any particular Service.
   
   

9 . LIMITATION OF LIABILITY AND INDEMNIFICATION

YOU EXPRESSLY UNDERSTAND AND AGREE THAT, TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW:

This App, the modules, features and services and other materials are provided “AS-IS”, without warranty of any kind, express, implied, statutory or otherwise, including the implied warranties of title, non-infringement, merchantability or fitness for a particular purpose and that we assume no responsibility for your (in) ability to (or any costs or fees associated with your (in) ability to) obtain access to CoValue. CoValue does not perform an audit and undertakes no duty of due diligence or independent verification of any information we receive.

COVALUE MAKES NO WARRANTY THAT

1. YOUR REQUIREMENTS WILL BE MET OR THAT MODULES / FEATURES MADE AVAILABLE WILL BE UNINTERRUPTED, TIMELY, SECURE OR ERROR-FREE;
2. MATERIALS, INFORMATION, AND HELP DOCUMENTS WILL BE EFFECTIVE, ACCURATE OR RELIABLE;
3. ANY ERRORS OR DEFECTS IN THE APP, MODULES OR OTHER FEATURES WILL BE CORRECTED; OR
4. THE SERVICES AVAILED BY YOU SHALL BE AVAILABLE THROUGHOUT THE YEAR, OR AVAILABLE AT ALL TIMES.

10 . UPDATES

From time to time, the Application may automatically check the version of the Application installed on the Device and, if applicable, provide updates for the Application (hereinafter referred to as “Updates”). Updates may contain, without limitation, bug fixes, patches, enhanced functionality, plug-ins and new versions of the Application. By installing the Application, You authorize the automatic download and installation of Updates and agree to download and install Updates manually, if necessary. Your use of the Application and Updates shall be governed by this Agreement (as amended by any terms and conditions that may be provided with Updates).

11 . ACTIONS UNDERTAKEN ON YOUR DEVICE:

Upon download and installation of the Application, You grant the following permissions to the Applications to perform the following actions on the device you have installed the Application in.

1. To read from, write on, modify and delete data pertaining to the Application on the device’s hard disk and/or external storage;


2. To access information about networks, access networks including Wi-Fi networks, receive and send data through the network;


3. To determine your approximate location from sources including but not limited to mobile towers and connected Wi-Fi networks;


4. To determine your exact location from sources such as, but not limited to GPS.


5. To access the model number, IMEI number and details about the operating system of the device the Application has been installed on, as well as the phone number of the device.


6. To detect when the phone had been switched off and switched on for the purpose of sending notification/ push notifications.


7. To access and change the display and sound settings of the device the Application has been installed in.


8. To access third party applications such as those provided by Google and retrieve the relevant data and content therein.

12 . COPYRIGHT

1. All information, content, services and software displayed on, transmitted through, or used in connection with the Application, including for example text, photographs, images, illustrations, audio clips, video, html, source and object code, trademarks, logos, and the like (collectively and hereinafter referred to as the “App Content”), as well as its selection and arrangement, is owned by us or other Third Parties. You may use the App Content only through the Application, and solely for your personal, non-commercial use.


2. You may not republish any portion of the App Content on any Internet, intranet or extranet site or incorporate the App Content in any database, compilation, archive or cache. You may not distribute any App Content to others, whether or not for payment or other consideration, and you may not modify, copy, frame, cache, reproduce, sell, publish, transmit, display or otherwise use any portion of the App Content. You may not scrape or otherwise copy the App Content without permission. You agree not to decompile, reverse engineer or disassemble any software or other products or processes accessible through the Application; not to insert any code or product or manipulate the content of the Application in any way that affects the user's experience, and not to use any data mining, data gathering or extraction method.

13 . WEBSITE TERMS

By downloading and / or using this Application, you hereby agree to be bound by the Terms of Use / Service, Privacy Policy, and other Policies as set forth on the website. It is hereby further specified that all the Terms and Policies on the Website shall be coterminous to these terms.

14 . JURISDICTION

This agreement is governed and construed in accordance with the Laws of Union of India. You hereby irrevocably consent to the exclusive jurisdiction and venue of courts in Mumbai, Maharashtra, India, in all disputes arising out of or relating to the use of CoValueApp/services. Use of CoValueApp/services is unauthorized in any jurisdiction that does not give effect to all provisions of these terms and conditions, including without limitation this paragraph. You agree to indemnify and hold CoValue, its subsidiaries, affiliates, officers, directors, employees, and representatives harmless from any claim, demand, or damage, including reasonable attorneys' fees, asserted by any third party due to or arising out of your use of or conduct on CoValueApp/services.