Terms of Use
Effective 01 Dec 2025•Version 1.0
These Terms of Use ("Terms") govern the use of the website of the Propaze [https://propaze.com] ("Website") and the services ("Services") provided on the Website.
By using the Website, you ("User") indicate your acceptance of these Terms and agree to abide by them. These Terms constitute a legal agreement between you and us.
If you do not agree to these Terms, you must discontinue use of the Website immediately.
1.
Information about us and Propaze Website
1.1
The Website is owned and operated by Propaze Finvest ("we/us/our"). Propaze Finvest maintains its registered 1219, 12th Floor, The Summit Business Park, Andheri - Kurla Rd, near Petrol Pump, J B Nagar, Andheri East, Mumbai, Maharashtra 400059
1.2
The Website:
- Provides curated information on unlisted company shares, including indicative prices, basic company details, and general market-related data, solely for informational purposes.
- Enables users to discover and connect with potential buyers and sellers of unlisted shares by offering a meeting and introduction, without itself acting as a trading, broking, or execution platform.
- Offers limited support services such as coordination of introductions, basic documentation assistance, and facilitation of information required for users' own due diligence, without providing investment, legal, tax, or financial advice.
- May provide such additional information or ancillary services as are reasonably necessary or incidental to the above activities, while remaining a pure information and facilitation medium.
1.3
The Website does not:
- Operate as a trading platform, brokerage, stock exchange, or investment marketplace.
- Execute, settle, or guarantee any transaction between users.
- Provide investment, financial, legal, or tax advice.
1.4
All transactions, negotiations, decisions, and agreements between users occur independently, without Propaze acting as a counterparty.
2.
Access to the Website
2.1
By accessing the Website, you agree to these Terms and the Privacy Policy. Access to certain sections is conditional upon our acceptance of you as a "member" or "issuer" on the Propaze website.
2.2
We reserve the right to withdraw or amend Services without notice. We will not be liable if the Website is unavailable at any time.
2.3
We have the right to restrict your access to the whole or part of the Website.
2.4
All rights that are not expressly granted to you are reserved under these Terms of Use.
3.
Registration and Membership
3.1
The website allows users interested in investment opportunities in private companies to register as "members" to gain full access to detailed information.
3.2
Specific membership conditions, if any, will prevail over these general Terms in case of conflict.
4.
Access to the Website
4.1
You are responsible for providing accurate information while registration and keeping your password secure.
4.2
We shall not be liable for any loss or damage arising from security failures or unauthorized access to your account.
5.
Representations and Warranties of Users
5.1
You are at least 18 years of age or legally eligible to enter contracts.
5.2
You are legally permitted to view, purchase, or sell unlisted securities under the laws applicable to you.
5.3
You're entering into these Terms of Use on your own behalf or on behalf of the entity for whom you are acting provides a representation that you agree to abide by the Terms of Use or such other agreements that you may enter into while browsing through the Website.
5.4
You agree to stop using the Website and inform us of any violation of law that may stop you from using our website.
5.5
You represent that all the information provided by you is true, correct, and accurate and you shall inform us of any change/ amendment in such information from time to time.
5.6
You shall not host, display, upload, modify, publish, transmit, update or share any information that: (i) belongs to another person and to which you do not have any right to; (ii) is grossly harmful, harassing, libellous, invasive of another's privacy, hateful or racially, ethnically objectionable, disparaging, relating or encouraging money laundering or gambling, otherwise unlawful in any manner whatsoever; (iii) harms minors in any way; (iv) infringes any patent trademark, copyright or other proprietary rights; (v) violates any law for the time being in force; (vi) deceives or misleads the addressee about the origin of such messages or communicates any information which is grossly offensive or menacing in nature; (vii) impersonates another person; (viii) threatens the unity, integrity, defence, security or sovereignty of India, friendly relations with friendly states, or public order or causes incitement to the commission of any cognisable offence or prevents investigation of any offence or is insulting any other nation.
5.7
You agree and understand that you shall not sell your access to the Website. You shall not transmit any unnecessary information or unwanted electronic communication viz. spam to other members of the Propaze website. You will not misuse your right to the Website by introducing viruses, trojans, worms, or other material likely to cause harm to the Website and shall indemnify and keep us indemnified in case any action is initiated against us due to any loss, injury, expenses or liability caused to any other user of the Website or any third-party. You shall further not gain any unauthorized access to the Website or on any other source to our Website.
6.
Our rights in relation to the Website
6.1
We have the right to discontinue or change our Services at any time and shall not be liable for the same.
6.2
We shall delete your account or cancel access to the Website for any reason whatsoever, at any time at our discretion. We shall also suspend or limit your access to the Website as and when may be considered necessary. For the aforesaid, we shall make all reasonable efforts to notify you and inform you of such an action and the reasons thereof, in any.
6.3
We shall disclose such confidential information as may be provided by you or such other details about yourself as may be necessary to satisfy any governmental department or authority under applicable law or to any third party in accordance with the terms of the Privacy Policy.
6.4
With reference to this Clause, you agree and understand that we shall not be liable for any claim based on any termination, suspension, or any of the aforesaid actions taken by us in relation to your access to the Website.
6.5
We may invite you to participate in the chat rooms or other features that will give you an opportunity to know about Propaze, the companies, and the fundraising campaigns of such companies. The comments or other information provided by you on such chat rooms shall be deemed to have been licensed to us on a free and permanent basis.
7.
Prohibited Activities
7.1
You agree not to:
- Misuse the Website, including attempting to hack, disrupt, or interfere with the Website's functionality, servers, data, or security.
- Impersonate any person or entity, including by submitting false identities, documents, or financial information.
- Use the Website for unlawful trading, market manipulation, or unauthorized solicitation relating to securities.
- Copy, scrape, or extract any data, share prices, valuations, analytics, or proprietary information without written consent.
- Upload harmful or malicious content, including viruses, spyware, malware, or bots.
- Use the Website in any way that violates applicable securities laws, AML/KYC regulations, or data-protection laws.
- Attempt to bypass authentication, access non-public areas, or probe vulnerabilities.
8.
Intellectual Property Rights
8.1
When you visit our website, we give you a limited license to access and use our information for personal use.
8.2
You are permitted to download the information available on the Website to any instrument for your personal use only provided that you do not delete or change any copyright symbol, trademark, or other proprietary details. You shall not use our information for any other purpose other than for the aforesaid. You agree that any use of the proprietary information displayed on the Website shall infringe our intellectual property rights for which you shall indemnify us.
8.3
We have copyright on all the contents displayed on the Website including graphics, logo, sound recordings, and software that is either owned or licensed to us other than any third-party contents which are specifically identified as such. Any infringement of our intellectual property rights shall be governed by the applicable law in India.
8.4
The license to access and use the Website does not include the right to copy or reproduce the information of our website on any other platform or medium, without our prior written permission.
8.5
Except where otherwise specified, any word, logo or device to which is attached the symbols ™ or ® shall be considered as a registered trademark that is either owned by us or which we have a license to use. The right to use the Website does not give a license to use those trademarks in any way.
9.
Linked Websites
9.1
You may be able to access and view third-party websites through this Website. The links are provided for your convenience only and may not be updated at all times.
9.2
We do not endorse, review, control, or examine third-party websites and we are not responsible for any content posted on such third-party websites. You understand that the inclusion of links on the Website is not intended as an endorsement or recommendation of any linked website or content of such website.
9.3
You agree that your access to any third-party website is governed by the terms of use of that website and has no relation to the Terms of Use of the Website. You agree and understand that it is your responsibility to comply with the terms and conditions of that website as well.
10.
Disclaimers and Limitation of Liability
10.1
You agree and understand that the use of the Website is at your own risk. The Website is being made available to you on an "as is" and "as available" basis without providing any warranties, guarantees, or conditions as to the usage being free from any faults, defects, interruptions, errors, viruses, or to the accuracy, reliability, availability of content. You agree and understand that we shall not be responsible for any interference or damage that may be caused to your computer resource which arises in connection with your access to our Website.
10.2
You also agree and understand that the information displayed on the Website is for information purposes only and does not amount to any advice.
10.3
To the extent permitted by applicable law, we disclaim our liability against any loss, damage, expenses, liabilities, claim, injury caused due to the failure of performance, omission, defect, deletion, interruption, error, delay, virus, communication, unauthorized access, theft, destruction, alteration or use of records, whether due to breach of the contract, negligence, tort or due to other cause of actions.
10.4
Further, we shall not be responsible for any loss of profits, goodwill, revenue, consequential, exemplary, punitive damages or any financial or indirect loss.
10.5
You further acknowledge and agree that we shall not be responsible for any defamatory, offensive, or illegal conduct of third parties on our Website, including users and operators of third-party websites. Further, we shall not be responsible or be held liable for any inaccuracy, delay, omission or defect, transmission or delivery of any third-party data or any loss or damage arising from (i) any inaccuracy, error, delay, or omission of transmission of information; (ii) non-performance by any third-party; or (iii) interruption caused due to any third party due to their negligent act or omission any other cause, not beyond the reasonable control of us.
10.6.
The Company is not liable for any losses, damages, or claims arising from:
- Transactions between users
- Inaccurate or outdated information
- Investment decisions made by users
- Fraud, misrepresentation, or default by any buyer or seller
- Technical errors, downtime, or cyber-attacks
10.7
Notwithstanding anything in the Terms of Use, the total liability for damages actually incurred by you shall be limited to the service fees paid by you. The aforesaid applies to all liabilities in the aggregate, including but not limited to, liabilities arising out of the use of the Website, any other subject matter arising out of or in relation to the use of the Website.
11.
Indemnity
11.1
You hereby agree to indemnify and hold us harmless from and against any loss, damage, expenses, liabilities, or claims arising out of or in relation to
- Your failure to comply with the Terms of Use
- Any misstatement or breach of any representations or warranties made by you under the Terms of Use or under any conditions on the Website accepted by you.
- Your use or misuse of the Website
- Violation of this Policy
- Submission of false, misleading, or unlawful information
- Breach of any applicable laws
12.
Privacy & Data Protection
12.1
Your use of the Website is also governed by the Company's Privacy Policy, which explains:
- What personal data is collected
- How it is processed, stored, and shared
- User rights and choices
12.2
You agree to the terms of the Privacy Policy by using the Website.
13.
Governing Law and Dispute Resolution
13.1
Governing Law: The Terms of Use shall be governed by and construed in all respects in accordance with the laws of India and the courts of Mumbai shall have exclusive jurisdiction.
13.2
Informal Dispute Resolution: The Parties agree to attempt to resolve all disputes arising hereunder, promptly and in good faith and in this regard, each Party shall each designate in writing to the other Party, a representative who shall be authorized to negotiate and resolve on its behalf any dispute arising under these Terms of Use. If the designated representatives of each of the Parties are unable to resolve a dispute under the Terms of Use within 30 (thirty) days after notice of such dispute shall have been given by either of the Parties to the other, then either Party may require that such dispute be determined and resolved by arbitration.
14.
Amendments to the Terms of Use
14.1
We reserve the right to amend the Terms of Use from time to time. Any amendment that is made will come into effect from the moment it is displayed on the Website. The updated version of the Terms of Use shall supersede any of the previous versions of the Terms of Use.
14.2
We shall make reasonable efforts to notify the members of such changes; however, it shall be your responsibility to be updated with the Terms of Use at all times.
14.3
The continued use of the Website shall amount to your acceptance of the Terms of Use of the Website.
15.
Disclaimer
15.1
Any transaction in securities that companies may offer or conclude with any other member of the website shall be offered, issued, allotted, or transferred in strict compliance with all applicable laws including but not limited to private placement rules under applicable securities laws.
15.2
Website content is for informational purposes only and does not constitute investment advice or an offer to sell securities.
