Terms & Conditions
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This document is an electronic record in terms of Information Technology Act, 2000 and
rules there under as applicable and the amended provisions pertaining to electronic
records in various statutes as amended by the Information Technology Act, 2000. This
electronic record is generated by a computer system and does not require any physical
or digital signatures.
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This document is published in accordance with the provisions of Rule 3 (1) of the
Information Technology (Intermediaries guidelines) Rules, 2011 that require publishing
the rules and regulations, privacy policy and Terms of Use for access or usage of domain
name https://bharatstockapi.com/ ('Website'), including the
related mobile site and mobile application (hereinafter referred to as 'Platform').
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The Platform is owned and operated by BharatStock, a sole proprietorship
(hereinafter referred to as ‘Platform Owner’, 'we', 'us', 'our').
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Your use of the Platform and services and tools are governed by the following terms and
conditions (“Terms of Use”) as applicable to the Platform including the
applicable policies which are incorporated herein by way of reference. If You transact
on the Platform, You shall be subject to the policies that are applicable to the
Platform for such transaction. By mere use of the Platform, You shall be contracting
with the Platform Owner and these terms and conditions including the policies
constitute Your binding obligations, with Platform Owner. These Terms of Use relate to
your use of our website, goods (as applicable) or services (as applicable)
(collectively, 'Services'). Any terms and conditions proposed by You which are in
addition to or which conflict with these Terms of Use are expressly rejected by the
Platform Owner and shall be of no force or effect. These Terms of Use can be modified
at any time without assigning any reason. It is your responsibility to periodically
review these Terms of Use to stay informed of updates.
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For the purpose of these Terms of Use, wherever the context so requires ‘you’,
'your' or ‘user’ shall mean any natural or legal person who has agreed to
become a user/buyer on the Platform.
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ACCESSING, BROWSING OR OTHERWISE USING THE PLATFORM INDICATES YOUR AGREEMENT TO ALL THE
TERMS AND CONDITIONS UNDER THESE TERMS OF USE, SO PLEASE READ THE TERMS OF USE
CAREFULLY BEFORE PROCEEDING.
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The use of Platform and/or availing of our Services is subject to the following Terms
of Use:
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To access and use the Services, you agree to provide true, accurate and complete
information to us during and after registration, and you shall be responsible for
all acts done through the use of your registered account on the Platform.
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Neither we nor any third parties provide any warranty or guarantee as to the
accuracy, timeliness, performance, completeness or suitability of the information
and materials offered on this website or through the Services, for any specific
purpose. You acknowledge that such information and materials may contain
inaccuracies or errors and we expressly exclude liability for any such inaccuracies
or errors to the fullest extent permitted by law.
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Your use of our Services and the Platform is solely and entirely at your own risk
and discretion for which we shall not be liable to you in any manner. You are
required to independently assess and ensure that the Services meet your
requirements.
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The contents of the Platform and the Services are proprietary to us and are
licensed to us. You will not have any authority to claim any intellectual property
rights, title, or interest in its contents. The contents includes and is not limited
to the design, layout, look and graphics.
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Market Data — Third-Party Rights & Limited Licence You
acknowledge that certain data made available through the Services — including
end-of-day (EOD) prices, Open-High-Low-Close-Volume (OHLCV) figures, and index
values (collectively, ‘Market Data’) — may be subject to rights of
third parties, including the relevant stock exchanges. The Platform performs the
collection, processing, normalization, and delivery of such data. Subject to these
Terms and to your subscription tier, we grant you a limited, non-exclusive,
non-transferable, revocable right to use the data as delivered through the Services.
No ownership of, or proprietary right in, any underlying Market Data is transferred
to you, and nothing in these Terms shall be construed as us granting you any right
in third-party data beyond the limited use expressly permitted here. Other data made
available through the Services (including company financial results, shareholding
patterns, corporate actions, insider-trading disclosures, and mutual-fund NAV and
holdings information) is sourced from public statutory and regulatory disclosures and
from industry bodies; your use of such data must comply with these Terms and any
applicable third-party terms.
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API Key Usage & Redistribution Limits API keys issued under any
tier (Free, Developer, or Pro) are bound to the registered user or entity and must
not be shared. You may cache and use data obtained through the Services for your own
internal analytics, algorithmic research, backtesting, and application development,
and you may display data or analysis derived from the Services to your own end-users
within your application. You are, however, expressly prohibited from re-serving,
reselling, sub-licensing, or bulk-redistributing the raw output of the Services to
any third party, or from using the Services to build or operate a competing data
feed or data-distribution product. Where your application displays data derived from
the Services to public or retail end-users, we may require you to disclose this
during onboarding, and you agree to cooperate reasonably with any data-usage,
reporting, or verification request that we are required to make by an underlying data
source or applicable authority.
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Caching, Data Retention & Active-Subscription Requirement
Any right you have to cache, store, persist, warehouse, or otherwise retain a local
copy of data obtained through the Services (including in a database, data store, file,
search index, or in-memory or on-disk cache) is granted only for the duration
of, and is strictly conditional upon, your having an active, paid subscription
with us. This retention right is available to paid tiers only. The Free
tier is expressly excluded: on the Free plan you are granted a right to make
live, per-request calls to the Services for evaluation and low-volume use only, and you
are not permitted to cache, store, retain, accumulate, or build any
persistent local copy or historical archive of data obtained through the Services, nor
to serve any such stored data to any end-user. Any transient copy created by a Free-tier
call must be discarded once the immediate request that generated it has been served, and
must never be aggregated into a stored dataset.
Upon any lapse, expiry, downgrade to Free, suspension, cancellation, non-renewal, or
termination of your paid subscription — for any reason — your right to
retain and to continue to use, display, or serve any previously cached or stored data
obtained through the Services immediately ceases, and you agree that,
within a reasonable period not exceeding thirty (30) days, you will stop serving,
purge, and permanently delete all such cached and stored data from your systems,
back-ends, and public-facing surfaces, and will not thereafter reconstitute it. The
only data you may continue to hold and use after your paid subscription ends is (i) your
own genuinely original analysis or derived outputs that do not reproduce or allow the
reconstruction of the underlying data, and (ii) records you are required by law to
retain. This clause applies in addition to, and does not limit, the redistribution,
Exchange-Data, and termination provisions elsewhere in these Terms, and survives
termination.
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Exchange-Sourced Data — No Redistribution Licence Granted
You specifically acknowledge and agree that certain datasets made available through
the Services — including end-of-day prices and Open-High-Low-Close-Volume
(OHLCV) figures, stock-market index names and values, and bulk-deal and block-deal
information (collectively, ‘Exchange Data’) — originate from and are
the proprietary property of the relevant stock exchanges (including the National
Stock Exchange of India (NSE) and BSE Limited (BSE)) and/or their licensors, and are
subject to those exchanges’ own data-licensing terms. The limited right granted
to you under these Terms is a right of internal use only: to consume
Exchange Data within your own application or workflow and to display it, or analysis
derived from it, to your own end-users. It is NOT a right to
redistribute, re-serve, relicense, syndicate, resell, or otherwise make available the
Exchange Data (whether raw, reformatted, or substantially reproduced) to any third
party as a data feed, dataset, file, or API. You acknowledge that redistribution of
Exchange Data generally requires a separate, direct data-redistribution licence from
the relevant exchange, that the Platform Owner has not granted you
any such redistribution right, and that no provision of these Terms shall be construed
as passing through, sub-licensing, or conferring any exchange redistribution
entitlement to you. If you require the right to redistribute Exchange Data, you are
solely responsible for obtaining your own licence directly from the relevant
exchange. Any redistribution of Exchange Data by you without such a licence is a
material breach of these Terms and is undertaken entirely at your own risk and
liability; you agree that, as between you and the Platform Owner, any claim, penalty,
fee, or demand by an exchange or other rights-holder arising from your redistribution
is your sole responsibility and is covered by your indemnity obligations below. This
clause applies in addition to, and does not limit, the general redistribution
restrictions set out above.
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Statutory & Public-Disclosure Data Separately from the
Exchange Data described above, other datasets made available through the Services
— including company financial results (profit-and-loss, balance-sheet, and
cash-flow data), shareholding patterns, corporate actions (such as dividends, splits,
and bonuses), and insider-trading (PIT) disclosures (collectively,
‘Statutory Data’) — originate from statutory and regulatory filings
that listed companies are required to make under Indian law (including SEBI
regulations and the Companies Act) and from public regulatory or industry-body
sources, rather than from an exchange’s proprietary market feed. We distinguish
Statutory Data from Exchange Data so that it is clear which datasets carry exchange
redistribution obligations and which do not. This distinction does not,
however, grant you any additional right to redistribute Statutory Data: your use of
Statutory Data remains governed by the general internal-use and redistribution
restrictions set out above, and to the extent any Statutory Data is subject to the
rights, terms, or database rights of an underlying filer, regulator, or source, you
remain responsible for complying with those. Nothing in these Terms is a
representation that any particular dataset is free of third-party rights or in the
public domain.
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Pricing, Plans & Subscription Changes We may introduce,
modify, or discontinue subscription plans, and may revise the pricing, daily request
limits, per-request or per-dataset usage costs (including any credit-based usage
metering), rate limits, included endpoints, historical-data depth, and other terms of
any plan, at any time, at our sole discretion, and without prior notice.
Such changes may apply not only to new sign-ups but also to existing
subscribers, including changes that take effect during a current billing
cycle. For clarity, the daily request limit and usage entitlements applied to your API
key at any given time are the limits then in effect for your plan, which may differ
from the limits in effect when you first subscribed. Where we reduce or restructure a
plan’s usage entitlements, your continued use of the Services after such change
constitutes acceptance of the revised terms; if you do not agree, your sole remedy is
to cancel the applicable subscription. Any amount already charged for a billing cycle
is governed by our refund and cancellation policy, and a change to a plan’s
advertised price does not by itself alter the amount billed for a subscription already
in effect.
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Attribution Where you publicly display data obtained through the
Services to your end-users, you agree to include a reasonable, visible acknowledgement
of the data source (for example, “Data via BharatStock API”), and to comply
with any attribution requirement of an underlying data source (such as an exchange or
industry body) applicable to the data in question. Each data record we serve carries
its source and, where applicable, an as-of date; you must not misrepresent the source,
timeliness, or completeness of the data to your end-users.
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No Investment Advice; Statutory Disclaimer All data and content
made available through the Platform and the Services — including structured
financial data, regulatory filings, and corporate disclosures — is provided
strictly for informational, educational, and analytical purposes. The Platform Owner
is not a SEBI-registered Investment Adviser, Research Analyst, or Portfolio Manager,
and nothing provided through the Services constitutes financial, legal, investment,
or trading advice, or a recommendation, offer, or solicitation to buy or sell any
security. Any trading or financial decisions made by you or your end-users on the
basis of the Services are taken solely at your own and their own risk.
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Verification, KYC, and Audit Rights For paid tiers, we may require
business verification, including a valid Goods and Services Tax Identification Number
(GSTIN), Corporate Identification Number (CIN) or equivalent, and a verified business
domain matching your registration. We may monitor and audit API usage and gateway
telemetry to verify compliance with your tier’s request limits and with these
Terms, and to support compliance with any current or future regulatory or licensing
requirements applicable to the Services.
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Data Latency You understand and agree that data made available
through the Services is end-of-day, historical, and/or cached, and may be subject to
operational delays or caching intervals (including delays of a day or more for some
datasets). The Services do not provide, and do not claim to provide, real-time,
live, or tick-by-tick market data or execution feeds.
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Service Availability, Outages & Disruptions The
Services are provided on an “as available” basis. While we
aim to keep the Services accessible, we do not guarantee
uninterrupted, error-free, or continuous availability, and we make no commitment to any
particular uptime, latency, throughput, or availability percentage unless expressly
agreed in a separate written service-level agreement signed by us. You acknowledge that
the Services may be unavailable, degraded, delayed, or interrupted, in whole or in part,
from time to time, for reasons including but not limited to: (a) scheduled or emergency
maintenance, updates, patches, or migrations; (b) failures, outages, rate-limiting, or
changes at upstream data sources, stock exchanges, regulators, industry bodies, or other
third-party providers on which the Services depend; (c) failures or interruptions of
hosting, cloud, network, DNS, CDN, payment-gateway, database, or other infrastructure
operated by us or by third parties; (d) events outside our reasonable control (see the
force-majeure provisions below), including power or connectivity failures,
denial-of-service or other attacks, and acts of governmental or regulatory authorities;
and (e) suspension or throttling of your access in accordance with these Terms (for
example, on exceeding your plan’s request limits or usage entitlements, or on
suspected abuse or breach).
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No Liability for Downtime; Data Timeliness To the
maximum extent permitted by applicable law, we shall not be liable to
you or to any of your end-users for any unavailability, outage, delay, interruption,
degradation, or suspension of the Services, or for any resulting loss or damage,
including any trading, investment, business, revenue, data, or goodwill loss, or any
decision made or not made, or action taken or not taken, in reliance on the Services
being available or on data being current. You are solely responsible for designing your
application to tolerate the Services being temporarily or indefinitely unavailable
— for example, by caching prior responses, handling errors and
429/5xx responses gracefully, retrying with back-off, and not
treating the Services as a real-time, safety-critical, or sole source of data. You
acknowledge that data delivered through the Services is end-of-day, historical, and/or
cached and may be stale, incomplete, delayed, or temporarily missing during or after a
disruption, and that resumption of the Services does not warrant the immediate
completeness or currency of any dataset.
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Maintenance, Changes & No Service Credits We may,
at any time and without prior notice, perform maintenance on, modify, suspend, throttle,
or discontinue the Services or any part, feature, endpoint, or dataset of them, whether
temporarily or permanently. Except as provided in our
Refund and Cancellation Policy (which, among other things,
allows us to review a refund or credit where the Services are materially unavailable for
a sustained period) or as required by your mandatory statutory rights, an outage,
disruption, or period of unavailability does not automatically entitle you to a refund,
service credit, extension of your billing period, or fee reduction. Your continued use of the Services after any
change constitutes acceptance of the Services as then provided; if a disruption or change
is unacceptable to you, your sole and exclusive remedy is to stop using the Services and,
if applicable, cancel your subscription. This clause operates in addition to, and does
not limit, the ‘Limitation of Liability’, ‘Data Latency’, and
force-majeure provisions elsewhere in these Terms.
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Fees, Billing, Refunds & Cancellation Paid plans are
billed in advance on a recurring basis for the applicable billing cycle. By subscribing
you authorise us and our payment processors to charge the applicable fees to your
selected payment method for each cycle until you cancel. You may cancel a subscription at
any time from your account dashboard or by contacting us; on cancellation your paid
access continues until the end of the then-current, already-paid billing cycle and then
reverts to the Free plan, with no further renewal. Because the Services are a digital
subscription delivered and consumed immediately, fees already paid are
generally non-refundable and we do not, as a rule, provide pro-rated
refunds for partial billing periods, unused quota, downgrades, or cancellation before
cycle end. This general rule is, however, subject in all cases to our
separately published Refund and Cancellation Policy and to
your mandatory statutory consumer rights, which prevail over anything in these Terms
— including, as set out in that Policy, correction of failed, duplicate, or
incorrect charges, discretionary refunds or credits where the Services are materially
unavailable for a sustained period, and any applicable statutory right of withdrawal.
Applicable taxes (including GST) are your responsibility and may be added to the fees.
Where a plan’s price or limits change, this clause should also be read together
with the ‘Pricing, Plans & Subscription Changes’ clause above.
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Suspension & Termination We may, at our sole
discretion and with or without prior notice, suspend, restrict, rate-limit, or terminate
your account, any API key, or your access to the Services (in whole or in part) if we
reasonably believe that: (a) you have breached these Terms or any applicable policy;
(b) your use is abusive, fraudulent, unlawful, or poses a security, legal, or
operational risk to us, our other users, or an underlying data source; (c) payment for a
paid plan has failed, lapsed, or been charged back; (d) suspension or termination is
required to comply with law, a regulator, or an underlying data-source or licensing
requirement; or (e) you exceed, or attempt to circumvent, your plan’s limits or
usage entitlements. On termination, your right to access and use the Services ceases
immediately and any licences granted to you under these Terms end. Termination for cause
does not entitle you to any refund of fees already paid. You may terminate by ceasing use
of the Services and cancelling any subscription. Sections which by their nature should
survive termination (including intellectual-property, redistribution, disclaimer,
limitation-of-liability, indemnity, and governing-law provisions) survive.
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API Key Security & Responsibility Your API key(s)
are confidential credentials issued to you. You are responsible for keeping each key
secret and secure, and must not embed a key in client-side code, public repositories, or
any location where it could be exposed. You are responsible for all activity, usage, and
charges incurred under your key(s), whether or not authorised by you, until you notify us
of a compromise and we have had a reasonable opportunity to act. You must notify us
promptly of any actual or suspected unauthorised use or disclosure of a key, and you may
rotate or deactivate a key from your account dashboard at any time. We may rotate,
revoke, or reissue keys where reasonably necessary for security, operational, or
compliance reasons.
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Acceptable Use In addition to the restrictions
elsewhere in these Terms, you agree that you will not, and will not permit any third
party to: (a) attempt to circumvent, disable, or exceed any rate limit, quota, usage
entitlement, authentication, or access control of the Services; (b) create multiple
accounts or API keys to evade limits, pricing, or a suspension/ban; (c) access the
Services by any means other than the documented API using a valid key, or reverse
engineer, decompile, or attempt to derive source code or non-public aspects of the
Services; (d) use the Services to build, train, or operate a competing data feed,
dataset, or data-distribution product, or to bulk-extract the dataset beyond your
permitted use; (e) introduce malware or interfere with, disrupt, probe, or place undue
load on the Services or their infrastructure; (f) use the Services for any unlawful,
infringing, deceptive, or fraudulent purpose, or in violation of any applicable law,
regulation, or third-party right; or (g) misrepresent the source, timeliness, or
completeness of data obtained through the Services. We may investigate suspected
violations and take any action permitted under the ‘Suspension &
Termination’ clause.
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Payments & Third-Party Processors Payments for
paid plans are collected through third-party payment processors and, for some plans,
authorised resellers acting as Merchant of Record (for example,
Paddle.com and Lemon Squeezy), as well as other gateways (such as Razorpay, PhonePe, or
Cashfree). Your use of a payment method is also subject to the terms and privacy policies
of the relevant processor / Merchant of Record, and where a reseller acts as Merchant of
Record the contract of sale for that transaction may be with the reseller. We do not
store your full card or bank credentials. Recurring charges are made under a mandate you
authorise with the processor (for example, UPI Autopay or a card e-mandate), subject to
that processor’s and the applicable payment-network / RBI rules; certain plan
changes may therefore take effect on your next renewal rather than immediately. Billing
disputes and chargebacks may be handled through the relevant processor / Merchant of
Record.
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Limitation of Liability To the maximum extent permitted by
applicable law, in no event shall the Platform Owner be liable for any indirect,
incidental, special, consequential, punitive, or exemplary damages, or for any loss
of profits, trading losses, revenue, data, or goodwill, arising out of or in
connection with your use of (or inability to use) the Platform or the Services, even
if advised of the possibility of such damages. In all cases, the Platform
Owner’s aggregate liability arising out of or relating to these Terms or the
Services shall not exceed the total amount actually paid by you to the Platform Owner
for the Services during the three (3) months immediately preceding the event giving
rise to the claim.
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You acknowledge that unauthorized use of the Platform and/or the Services may lead
to action against you as per these Terms of Use and/or applicable laws.
- You agree to pay us the charges associated with availing the Services.
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You agree not to use the Platform and/ or Services for any purpose that is
unlawful, illegal or forbidden by these Terms, or Indian or local laws that might
apply to you.
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You agree and acknowledge that website and the Services may contain links to other
third party websites. On accessing these links, you will be governed by the terms
of use, privacy policy and such other policies of such third party websites. These
links are provided for your convenience to provide further information.
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You understand that upon initiating a transaction for availing the Services you are
entering into a legally binding and enforceable contract with the Platform Owner
for the Services.
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You shall indemnify and hold harmless Platform Owner, its affiliates, group
companies (as applicable) and their respective officers, directors, agents, and
employees, from any claim or demand, or actions including reasonable attorney's
fees, made by any third party or penalty imposed due to or arising out of Your
breach of this Terms of Use, privacy Policy and other Policies, or Your violation
of any law, rules or regulations or the rights (including infringement of
intellectual property rights) of a third party.
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Notwithstanding anything contained in these Terms of Use, the parties shall not be
liable for any failure to perform an obligation under these Terms if performance is
prevented or delayed by a force majeure event.
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Privacy Your use of the Services is also governed by
our Privacy Policy, which is incorporated into these Terms by
reference and describes what personal and business information we collect (including
account details, any business/compliance profile you provide, and usage and access
records such as request counts and IP addresses), how we use and retain it, and your
rights in respect of it. By using the Services you consent to the processing described
there.
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Assignment You may not assign, transfer, or sublicense
these Terms or any of your rights or obligations under them, in whole or in part, without
our prior written consent, and any attempt to do so is void. We may assign or transfer
these Terms (in whole or in part) to an affiliate or successor, including in connection
with a merger, acquisition, reorganisation, incorporation of the Platform Owner into a
company, or sale of assets, without your consent; these Terms bind and benefit the
parties’ permitted successors and assigns.
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Severability & Waiver If any provision of these
Terms is held to be invalid, illegal, or unenforceable, that provision shall be enforced
to the maximum extent permissible and the remaining provisions shall continue in full
force and effect. Our failure or delay in exercising any right or provision under these
Terms shall not constitute a waiver of that or any other right or provision, and no
waiver shall be effective unless made in writing by us.
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Entire Agreement These Terms of Use, together with the
policies incorporated by reference (including the Privacy Policy and the Refund /
Cancellation Policy) and any separate written agreement signed by us, constitute the
entire agreement between you and the Platform Owner regarding the Services and supersede
all prior or contemporaneous understandings, communications, or agreements on the subject.
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These Terms and any dispute or claim relating to it, or its enforceability, shall be
governed by and construed in accordance with the laws of India.
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All disputes arising out of or in connection with these Terms shall be subject to
the exclusive jurisdiction of the courts in Hyderabad, Telangana.
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All concerns or communications relating to these Terms must be communicated to us
using the contact information provided on this website