iAltinvest Private Limited (hereinafter referred to as “iAltInvest” or “We” or “Us” or “Our”) is a
company incorporated under the applicable laws of India and holding Amfi Registration Number
ARN - 90794 having its registered office at 508, 5th Floor, Eros City Square, Rosewood City, Sector
49-50, Gurugram - 122018, Haryana, India.
IAltinvest Private Limited operates mobile applications and website https://www.moolaah.com under
brand names Moolaah. Moolaah enables you (hereinafter referred to as, “You”, “you”, “your” or
“User”) to track, save and earn extra by automatically bringing your entire financial life across
multiple investments, all in one app. Moolaah shall through its application provide investment and
wealth management services to the Users ( “Services”). Moolaah is committed to operating its website
and mobile applications with the highest ethical standards and appropriate internal controls.
THESE WEBSITE TERMS IS AN ELECTRONIC RECORD IN THE FORM OF AN
ELECTRONIC CONTRACT FORMED UNDER INFORMATION TECHNOLOGY ACT, 2000
AND RULES MADE THEREUNDER AND THE AMENDED PROVISIONS PERTAINING TO
ELECTRONIC DOCUMENTS / RECORDS IN VARIOUS STATUTES AS AMENDED BY THE
INFORMATION TECHNOLOGY ACT, 2000. THESE TERMS DOES NOT REQUIRE ANY
PHYSICAL, ELECTRONIC OR DIGITAL SIGNATURE.
Please note that your visit, use of or access to our websites https://www.moolaah.com and mobile
applications (collectively referred to as “Application” or “Platform”) are subject to the following
terms; if you do not agree to all of the following, you may not use or access the Services and
Application in any manner.
When you use any of the Services provided on the Application, including but not limited to only
mutual funds or direct equity etc., you shall be subject to the rules, guidelines, policies, terms, and
conditions applicable to such service, and they shall be deemed to be incorporated into this Terms of
Use and shall be considered as part and parcel of this Terms of Use.
Terms of Use
Please read on to learn the rules and restrictions that govern your use of our Application/Services.
These Terms and Conditions (the “Terms” or the “Agreement”) are a binding contract between you
and Moolaah. If you have any questions, comments, or concerns regarding these terms or the
Services, please contact us at info@moolaah.com
If you do not agree to and accept all of the Terms, you will not be able to use the Services. You agree
to all of these Terms by using the Services in any way, and these Terms will remain in effect while
you use the Services. The provisions listed below, as well as those in the Privacy Policy, are included
in these Terms.
1. You are aware and you accept that all information, content, materials and products on the
application is protected and secured.
2. You understand and accept that you are allowed to track your financial life through the use of
Application. You agree that you will be allowed to make any transaction through the
Application when you complete the KYC process and provide the complete information
including personal information in accordance with the Know your client ("KYC") guidelines
issued by Securities and Exchange Board of India or any other regulator/government
authorities/agencies/ AMCs from time to time.
3. You acknowledge that you will be responsible for maintaining the confidentiality of your
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 inform us immediately in case of any actual or suspected unauthorized use
of your Account. We cannot and will not be liable for any loss or damage arising from your
failure to comply with this provision.
4. You acknowledge that the software and hardware underlying the application as well as other
Internet related software which are required for accessing the application are the legal
property of either Moolaah or its respective third-party vendors. The permission given by
Moolaah to access the application will not convey any proprietary or ownership rights in the
above software/hardware.
5. You understand and accept that not all the products and services offered on or through the
Application are available in all geographic areas and you may not be eligible for all the
products or services offered by Moolaah or third party providers on the Application. Moolaah
and such third party providers reserve the right to determine the availability and eligibility for
any product or service offered on the application.
6. You understand and accept that Moolaah is not responsible for the availability of content or
other services on third party sites linked from the application. You are aware that access of
hyperlinks to other internet sites are at your own risk and the content, accuracy, opinions
expressed, and other links provided by these sites are not verified, monitored or endorsed by
Moolaah in any way. Moolaah does not make any warranties and expressly disclaims all
warranties express or implied, including without limitation, those of merchantability 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
platforms.
7. You agree that transactions made through Moolaah Application shall be through your own
bank account only and the said transactions do not contravene any Act, Rules, Regulations,
Notifications of Income tax Act, Anti money laundering laws, Anti-corruption laws or any
other applicable laws.
8. You agree that you will not use the application for any purpose that is unlawful or prohibited
by these Terms. You also agree you will not use the application in any manner that could
damage, disable or impair the application or interfere with any other party’s use, legal rights,
or enjoyment of the application. You hereby represent and warrant that you shall make use of
the Application as a prudent, reasonable and law abiding citizen and you shall comply with
relevant necessary laws.
9. Moolaah reserves the right in its sole discretion to delete, block, restrict, disable or suspend
your account or part thereof. If the User is found engaging in any fraudulent/illegal activities
including but not limited to the following activities i.e. abusing any of the representatives of
the organization, indulge in fraudulent activities on the Application, using mass media and/or
bots to engage with the platform, using mass media and/or bots to malign the organization’s
reputation these activities may be referred to appropriate legal authority for a legal recourse.
10. Additionally, by continuing using the Application or Services of Moolaah you are confirming
that:
(a) You are 18 years of age or older and where you are acting as Guardian on behalf of a
minor, you have the necessary authority to register/sign up for the Services on behalf of the
minor. If Moolaah learns that we have collected personal information from a person under age
18, we will delete that information as quickly as possible. If you believe that a person under
18 may have provided us with personal information, please contact us at info@moolaah.com.
(b) You have read and understood the Privacy Policy published on the website and mobile
applications of Moolaah. The information you provide when you register on the Application
is true and correct. In the event, your information is not accessible online and you wish to
change or delete your personal information or other information that you may have provided,
please contact us immediately at info@moolaah.com.
(c) You shall notify Moolaah of any material change in your personal information and/or
profile. Moolaah would rely on the most recent information provided by you.
(d) You agree to be contacted by Moolaah and its employees and partners over phone and/or
E-mail and/or SMS or any other form of electronic communication in connection with your
registration, advisory and transactions. This consent overrides any registration for
DNC/NDNC. You agree and confirm that if your mobile number is registered in the Do Not
Disturb (DND) list of TRAI, you may not receive SMS from Moolaah. You agree to take
steps to deregister from the DND list and shall not hold Moolaah liable for non-receipt of
SMS. You can always opt to stop receiving any or all such communications by writing to
info@moolaah.com. You can also delete your account at any point of time by writing
to info@moolaah.com or by visiting the Delete Account section on the Application.
Services
The Application offers the Services to the Users which include, the execution services to the Users
relating to investing in, purchasing, selling or otherwise dealing in securities or investment products.
Please also note that there are other financial products and services, such as, US Stocks, fixed deposit
creation, etc. manufactured and/or distributed by third party providers, offered by or through the
Application. However, it is, hereby, expressly clarified that any or all interaction, communication,
dealing, or transaction between the Users and such third party provider in respect of availing of any
products/services offered by the third party provider forms a separate and independent transaction
between the User and such third party provider without any liability accruing to or on us for any
matters arising out of or in relation to the same.
The User agrees and acknowledges that, notwithstanding the Services provided by Us, all decisions
made by the User in relation to buy, sell, hold, or otherwise deal in investment securities will be based
on the User's own independent evaluation of the risks and rewards of the investments, as well as
User's own verification of all relevant facts, including financial and other circumstances, and a proper
evaluation thereof.
Neither we nor any of our employees or agents shall be liable for any advice or representation made
by it/him/her under this Agreement and it will be the User’s responsibility to make an independent
assessment pursuant to the availing/using of the Application/Services or availing any product or
services from the third-party provider.
You acknowledge and agree that We do not guarantee that availing of the Services from the
Application will result in profits or avoid losses or meet the objectives, including the investment
objectives, of the User or that availing/using of the Services/Application will not at any time be
affected by adverse tax consequences, technical failures, timely regulatory compliance to a new law.
We will not be liable to the User for any error of judgement or loss suffered by the User in connection
with the Services provided to the User.
You agree and understand that by using the Services, you agree to be bound by Our Privacy Policy,
and that any information you provide on the Application will be shared with our Group Companies
and Business Partners, who will store your data in accordance with applicable laws in India.
Privacy
You agree that during your use and access of the Application and/or availing of the Services offered
by the Application, you will provide us with certain information and other data as mentioned under
these Terms herein which may or may not be otherwise publicly available. Please be aware that we
value the privacy and confidentiality of such data, and the provisions governing such private
information and data as provided by you under these terms are governed by the Application's Privacy
Policy, which can be found at https://www.moolaah.com/privacy-policy. You agree to the terms and
conditions of our Privacy Policy by using and visiting the Application and using the Application's
Services.
Confidentiality
You acknowledge that, in the course of your relationship with Moolaah and in using the Services, you
may obtain information relating to the Services and/or Moolaah (“Proprietary Information”). Such
Proprietary Information shall belong solely to Moolaah and includes, but is not limited to, the features
and mode of operation of the Services, trade secrets, know-how, inventions (whether or not
patentable), techniques, processes, programs, ideas, algorithms, schematics, testing procedures,
software design and architecture, computer code, internal documentation, design and function
specifications, product requirements, problem reports, analysis and performance information,
benchmarks, software documents, and other technical, business, product, plans and data. In regard to
this Proprietary Information:
1. You shall not use (except as expressly authorized by this Agreement) or disclose Proprietary
Information without the prior written consent of Moolaah unless such Proprietary Information
becomes generally publicly available without your breach of this Agreement.
2. You agree to take reasonable measures to maintain the Proprietary Information and Services
in confidence.
Use and Protection of Intellectual Property Rights
Moolaah Application is protected by copyright, trademarks, patents, trade secret and/or other relevant
intellectual property laws. No information, content or material from the Application may be copied,
reproduced, republished, uploaded, posted, transmitted or distributed in any way without Moolaah’s
express written permission. You are hereby given a limited licence to use the Application for your
personal and non-commercial use, subject to your agreement of these Terms. You agree not to sell,
license, distribute, copy, modify, publicly perform or display, transmit, publish, edit, adapt, create
derivative works from, or otherwise make unauthorized use of the Moolaah Application.
Limitation of Liability, Indemnity, and Warranty
1. In no event shall Moolaah or its directors, employees, associates, partners, or suppliers will be
liable to you for any loss or damage that may cause or arise from or in relation to these terms
and conditions or due to use of this Application/website or due to investments made using this
Application or availing any product or services from any third-party service provider.
2. You agree to indemnify Moolaah or its directors, employees, associates, partners or suppliers
for all the liabilities (including claims, damages, suits or legal expenses in defending itself in
relation to the foregoing) arising due to (i) use or misuse of the Application (ii) non-performance and/or non-observance of the duties and obligations under these terms and
conditions or due to your acts or omissions (iii) any act, neglect, misconduct or fraud on your
part.
3. You warrant that all the details and information provided by you to IAltinvest or its directors,
employees, associates, partners, or suppliers while using this Application (including for the
purposes of carrying out investments) shall be correct, accurate and genuine.
4. Further, you shall be solely responsible for any investment decision taken by you on the
Services and Moolaah shall not be liable for any loss or damage caused to you or other users
of this Application due to such investment decision, or any kind of reliance upon it. You
expressly agree that use of the Application is at your sole risk.
5. To the fullest extent permissible pursuant to applicable law, Moolaah and its directors,
employees, associates, third-party partners or suppliers disclaim all warranties or guarantees –
whether statutory, express or implied – including, but not limited to, implied warranties of
merchantability, fitness and non-infringement of proprietary rights. No advice or information,
whether oral or written, obtained by you from Moolaah or through the Application will create
any warranty or guarantee other than those expressly stated herein.
DISCLAIMERS
THE USER AGREES AND UNDERSTANDS THAT THE APPLICATION IS PROVIDED BY US
ON AN “AS IS” AND “AS AVAILABLE” BASIS AND WE MAKE NO REPRESENTATIONS OR
WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, AS TO THE OPERATION OF THE
APPLICATION OR THE INFORMATION, CONTENT INCLUDED ON THE APPLICATION.
YOU EXPRESSLY AGREE THAT YOUR USE OF THE APPLICATION IS AT YOUR SOLE
RISK.
TO THE FULLEST EXTENT PERMISSIBLE BY APPLICABLE LAW, WE DISCLAIM ALL
WARRANTIES, EXPRESS OR IMPLIED. WE DO NOT WARRANT THAT THE APPLICATION,
ITS SERVERS, OR EMAIL/ OTHER COMMUNICATION SENT FROM THE APPLICATION
ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. WE WILL NOT BE LIABLE
FOR ANY DAMAGES OF ANY KIND ARISING FROM THE USE OF THE APPLICATION,
INCLUDING, BUT NOT LIMITED TO DIRECT, INDIRECT, INCIDENTAL, PUNITIVE AND
CONSEQUENTIAL DAMAGES.
ALL INVESTMENTS ARE SUBJECT TO MARKET RISKS. READ ALL SCHEME RELATED
THINGS CAREFULLY. PAST PERFORMANCE IS NOT AN INDICATOR OF FUTURE
RETURNS.
ALL INTERACTION, COMMUNICATION, DEALING, OR TRANSACTION BETWEEN THE
USERS AND THE THIRD-PARTY PROVIDER IN RESPECT OF ANY PRODUCTS/SERVICES
OFFERED BY THE THIRD-PARTY PROVIDER IS A SEPARATE AND INDEPENDENT
TRANSACTION BETWEEN THE USER AND SUCH THIRD-PARTY PROVIDER WITHOUT
ANY LIABILITY ACCRUING TO OR ON US FOR ANY MATTERS ARISING OUT OF OR IN
RELATION TO THE SAME. THE USER EXPRESSLY AGREES AND ACKNOWLEDGES TO
HOLD HARMLESS US IN RESPECT OF ANY COST, CLAIMS, DAMAGE, LOSS OR
EXPENSES ACCRUED, SUFFERED, INCURRED BY US OR ANY THIRD PARTY ARISING
OUT OF OR IN CONNECTION WITH ANY SUCH COMMUNICATION, INTERACTION,
DEALINGS AND TRANSACTIONS BETWEEN THE USER AND THIRD-PARTY PROVIDERS.
THE USER ACKNOWLEDGES THAT WE DO NOT HAVE ANY CONTROL OVER SUCH
DEALINGS AND TRANSACTIONS AND PLAYS NO DETERMINATIVE ROLE IN THE
PERFORMANCE IN RESPECT OF THE SAME AND WE SHALL NOT BE LIABLE FOR THE
OUTCOMES OF SUCH COMMUNICATION, INTERACTION, DEALINGS AND
TRANSACTIONS BETWEEN THE USERS AND THE THIRD-PARTY PROVIDERS.
WE DO NOT WARRANT, ENDORSE, GUARANTEE, OR ASSUME RESPONSIBILITY FOR
ANY PRODUCT OR SERVICE ADVERTISED OR OFFERED BY A THIRD-PARTY PROVIDER
IN ANY MANNER AND WE WILL NOT BE A PARTY TO OR IN ANY WAY BE
RESPONSIBLE FOR ANY TRANSACTION BETWEEN YOU AND SUCH PARTY PROVIDER.
AS WITH THE PURCHASE OF A PRODUCT OR SERVICE THROUGH ANY MEDIUM
THROUGH SUCH THIRD-PARTY PROVIDER, YOU SHOULD USE YOUR BEST JUDGMENT
AND EXERCISE CAUTION WHERE APPROPRIATE.
Consideration
Moolaah shall have the right to charge its Users a fee for use of its platform as set out in the
Application. Moolaah may change its fee structure as it determines in its sole discretion from time to
time and notice regarding the same shall be intimated to you adequately in advance prior to such
change in fee structure. All charges and fees shall be exclusive of taxes and all Government taxes
including but not limited to GST shall be payable by you. All charges shall be non-transferable.
Force majeure
If the whole or any part of the performance is prevented, hindered or delayed by a Force Majeure
event (as defined below), Moolaah shall not be liable for any failure to perform any of its obligations
under these terms and conditions or those applicable specifically to its services/facilities, and in such
case its obligations shall be suspended for so long as the Force Majeure event continues. “Force
Majeure Event” means any event, due to any cause beyond the reasonable control of Moolaah,
including without limitations, unavailability of any communication systems, breach, or virus in the
digital 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,
lockdown, computer hacking, unauthorised 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.
Severability
All illegality, invalidity or unenforceability of any provision of these Terms under the law of any
jurisdiction will not affect its legality, validity or enforceability under the law of any other jurisdiction
nor the legality, validity or enforceability of any other provision.
Waiver
No failure on the part of any party to exercise, and no delay on its part in exercising any right or
remedy under this Agreement will operate as a waiver thereof, nor will any single or partial exercise
of any right.
Assignment
You agree that we may transfer, subcontract or otherwise deal with our rights and/or obligations under
these terms at any time without any further notice. You agree that you cannot assign or otherwise
transfer, subcontract the terms or any rights granted hereunder to any third party,
Dispute Resolution
Any dispute, controversy, claims or disagreement of any kind whatsoever between the Parties in
connection with or arising out of this Agreement shall be referred for arbitration, to a sole arbitrator
appointed by Moolaah, through arbitration to be conducted in accordance with the Arbitration and
Conciliation Act, 1996. The seat and venue of such arbitration shall be at New Delhi, India. All
proceedings of such arbitration, including, without limitation, any awards, shall be in the English
language. The award shall be final and binding on the Parties.
Governing laws
These Terms shall be governed, interpreted, and construed in accordance with the laws of India,
without regard to the conflict of law provisions and for resolution of any dispute arising out of your
use of the Services or in relation to these Terms. Notwithstanding the foregoing, you agree that (i)
Moolaah has the right to bring any proceedings before any court/forum of competent jurisdiction and
you irrevocably submit to the jurisdiction of such courts or forum; and (ii) any proceeding brought by
you shall be exclusively before the courts in New Delhi, India.
Entire Agreement
These Terms, together with the other guidelines, rules, terms, conditions and/or policies of the
Application, including the Privacy Policy and any other arrangement/agreement in relation the
Services, constitute the entire agreement between the User and the Us and supersede all previous
agreements, promises, proposals, representations, understandings and negotiations, whether written or
oral, between the User and US pertaining to the subject matter hereof.
Survival
Notwithstanding the termination or rescission of this Agreement, the provisions of this Agreement
shall continue to apply to those duties and obligations which are intended to survive any such
cancellation, termination or rescission, including, without limitation clauses related to Limitation of
liability, Indemnity, Warranty, Intellectual Property, Confidentiality, Dispute Resolution, Governing
Law and Jurisdiction. Further any provisions of this Agreement which by implication are to survive
the termination of this Agreement shall survive such termination. Termination of the Agreement shall
not abate the causes of action that have accrued to the Parties prior to such termination.
Modification of Terms
Moolaah reserves the right to change or modify, from time to time, any provision related to the
Service(s) or these Terms, which also include, changing of the extent and scope of the Services and/or
include any other category, service, facility or feature within the term ‘Service’, at the sole discretion
of the Application. Any such change(s) shall be effective immediately upon the posting of revised
Terms and may be notified via Application. You can determine when these Terms were last revised
by referring to ‘LAST UPDATED’ at the top of these Terms. By using the services provided through
this Application, you shall be deemed to have accepted the Terms herein including the amended
Terms are periodically published on the Application. You accept and agree to the changes if you
continue to use the Application after they have been posted. Your sole and exclusive remedy if you do
not agree with any such change is to stop using the Application. It is also clarified that the User's use
and access of the Application/Service(s) is governed by the most recent version of these Terms posted
on the Application at the time of such use
