YNOS Terms and Conditions

YNOS VENTURE ENGINE CC PRIVATE LIMITED ("YNOS," "us," "our" or "we") provides this web site to you under the following terms and conditions (this "Agreement" or "Terms of Use"). Our Privacy Policy (as in posted to our website), which explains how we collect and use information from visitors to our web site ("Users"), is incorporated by reference in these Terms of Use. By using our web site (the "Site") or submitting any information to us, you consent to and agree to be bound by these Terms of Use and our Privacy Policy. By using the Site in any manner, including but not limited to visiting or browsing the Site, you agree to be bound by this Agreement, the Privacy Policy, and all other operating rules, policies and procedures that may be published by us from time to time on the Site, each of which is incorporated by reference and each of which may be updated by us from time to time without notice to you. Your use of the Site is governed by the version of this Agreement in effect on the date of use.

Our website can be accessed from the domain name: www.ynos.in

ACCOUNT REGISTRATION

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If you are under the age of 18, please do not sign up for an account. If you are accessing or using our site on behalf of any entity, you represent that you are authorized to accept these Terms of Use on that entity's behalf, that entity agrees to be responsible to YNOS if you violate these Terms of Use.

You may access some areas of our site(s) without registering to the site(s). However, in order to access certain features of the Site or to post content on the Site you must register to create an account ("Account"). You must complete the registration process by providing us with current, complete and accurate information. If you choose to register you will need to provide a username and password as well as other information that is part of our registration process. You will not share your password, let anyone else access your Account, or do anything else that might jeopardize the security of your Account. We have the right to cancel any account at any time if we believe you are not in compliance with any or all of the terms.

SOCIAL MEDIA

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You may register with YNOS through your account with certain third party social networking services, including Facebook, LinkedIn and Twitter (collectively, "SNS"). When you register through your SNS account, you will be asked to login to the Site using your SNS account credentials. By creating an Account via your account with an SNS, you are allowing the YNOS to access your SNS account information and you are agreeing to abide by the applicable terms and conditions of your SNS in your use of the Site via such SNS.

USER CONTENT

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The Site may allow Users to post or send information, text, data, photographs, audio, video, images, graphics, logos, trademarks, service marks, and other materials (collectively “User Content”) to or through the Site. User understands that all of the User Content and the consequences of such posting User Content is User’s sole responsibility and is subject to the Terms of Use and the YNOS Privacy Policy.

By posting, uploading or otherwise distributing the User Content on the Site, User hereby grants (and represent and warrant that User has all necessary rights to grant) to YNOS a perpetual, sublicenseable, transferable, world-wide, non-exclusive, royalty free, fully paid license to all User’s rights in the User Content (including moral rights) for all purposes, including but not limited to use, copy, reproduce, modify, adapt, publish, edit, translate, create derivative works from, transmit, distribute, display, perform, or derive revenue or other remuneration from such User Content and incorporate such User Content into other works in any form, media or technology. By providing User Content to the Site, User hereby permits YNOS to identify User as the provider of such User Content in any form, media and technology.

User represents and warrants that the User Content does not infringe the copyright, trademark, publicity/privacy right or other intellectual property or proprietary right of any third party and that User has paid and will pay in full any fees or other payments that may be related to the use of User’s User Content.

User understands that by accessing the Site, User may be exposed to User Content that may be offensive or objectionable to User. YNOS may, but is not obligated to, preview or review any User Content and, in its sole discretion, may block or may remove from the Site, without notice, any User Content that violates the Terms of Use or is otherwise objectionable. However, failure to block or remove any User Content is not an endorsement, warranty, representation, or guarantee regarding such User Content.

User agrees that YNOS has no liability or responsibility for the storage or deletion of any User Content that User submits or posts through the Site.

SUBSCRIPTION PLAN AND PAYMENT

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There are several different types of subscriptions available to you. Depending on which of the below subscription services you select at the time of registering with YNOS, the scope of services and payment terms will vary. All payments in favour of YNOS are non-refundable, for any reason.

Access to all these services requires registration.

While some services would be free for all our users, some services can be accessed only by way of subscription. Some offerings will be provided on "as and when required basis" on the payment of requisite fees.

Information about subscription plans and prices would be provided in the Site while requesting for a subscription of a service. You agree to pay the price for the subscription or service as per the pricing schedule indicated in the Site. At the time of account creation or subscription, you need to provide accurate information regarding your account, including a valid credit card or debit card or net banking credentials, and you must certify that you are over 18 years of age and legally able to enter into a valid and binding agreement with YNOS.

The term of your subscription shall be year-to-year or as specified in the plan. Your subscription will commence on the day you enter into this Agreement by entering a valid credit card or other payment information on the Site. You may not cancel your subscription following receipt of payment by YNOS (unless you are otherwise able to do so in accordance with your statutory rights).

You agree that YNOS will not be liable for any loss caused by any unauthorized use of your credit card or any other method of payment by a third party in connection with the use of Site. You waive your right to dispute any payment made into your account and you will bear all costs.

Any attempt to defraud YNOS through the use of credit cards or other methods of payment, or any failure by you to honour charges or requests for payment will result in immediate termination of your account.

Processing of Account Payment

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YNOS may use third party electronic payment processors and/or financial institutions ("EPPs") to process financial transactions. You irrevocably authorize us, as necessary, to instruct such EPPs to handle such transaction and you irrevocably agree that YNOS may give such instructions on your behalf in accordance with your requests as submitted on the Site. You agree to be bound by the terms and conditions of use of each applicable EPP, and in the event of conflict between these Terms and the EPP's terms and conditions then these Terms shall prevail.

Modification of Pricing and Billing Terms

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We reserve the right at any time to institute new prices, and to change the amount of or the basis for determining any prices or charges with respect to the any Subscription Plan or service offering. You agree to pay all charges, including applicable taxes, in accordance with the billing terms in effect at the time the price or charge becomes payable.

We reserve the right to modify the prices and charges at any time. For active users, such changes will become effective with your next billing cycle, following our written notification to you of such changes, unless you cancel your subscription within the allotted time frame.

INTELLECTUAL PROPERTY

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The trademarks, logo and slogans displayed on the Site including the mark YNOS, (collectively the "Trademarks") are owned by YNOS. Nothing on this Site should be construed as granting any license or right to use the Trademarks without written permission of YNOS or such third party owner of the Trademarks. Your misuse of the Trademarks, or any other content on the Site, except as provided in these Terms of Use, is strictly prohibited. You are advised that YNOS will aggressively enforce its intellectual property rights to the fullest extent of the law.

YNOS respect the intellectual property of others, and we ask our Users and content partners to do the same. The unauthorized posting, reproduction, copying, distribution, modification, public display or public performance of copyrighted works constitutes infringement of the copyright owner’s rights. As a condition of your use of the Site, you agree not to use any feature of the Site to infringe the intellectual property rights of others in any way. We will terminate the accounts of any User, and block access to Site of any User who are repeat infringers of the copyrights, or other intellectual property rights, of YNOS or others. We reserve the right to take these actions at any time, in our sole discretion, with or without notice, and without any liability to the User who is terminated or to the User whose access is blocked.

CONFIDENTIAL INFORMATION

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You agree that any information that you transmit to the Site or YNOS in any manner including, but not limited to, pictures, videos, questions, comments, suggestions, website addresses and links to other website/articles, etc. is non-confidential and non-proprietary and can be used by YNOS or its affiliates for any purpose. YNOS is free to use any idea, concepts, know-how, techniques, etc. contained in any communication to the Site of the YNOS for any purpose.

Any investor or entrepreneur on our site requesting to contact any other investor or entrepreneur on our site, does so at their own risk and is solely responsible for conducting any legal, accounting, or due diligence review. Please do not send any confidential information through the Site. You're best off using the system to make contact with other Members and then exchange any confidential information through your own methods.

DATA PROTECTION/PRIVACY

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Please read our privacy policy carefully as you are agreeing to be bound by that privacy policy. Please note that our privacy policy is updated regularly. You should check it each time you access the site.

RESTRICTED ACTIONS

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During the use of the Site, you shall not:

  1. attempt to copy, modify, duplicate, imitate, reproduce, create derivative works from, frame, mirror, or download, all or any portion of the Site in any form or media or by any means;
  2. attempt to decompile, disassemble, reverse engineer or otherwise attempt to discover any source code from, all or any part of the Site;
  3. sell, resell, redistribute or otherwise commercially exploit any material from this Site except for content specifically and expressly made available for redistribution.
  4. access or use all or any part of the Site in order to build or create a product or service which is similar to, or which competes with, the Site;
  5. attempt to obtain, or assist third parties in obtaining, unauthorized access to the Site;
  6. abuse the use of Site in any way including for advertising or solicitation to buy or sell any products and/or for creating, sharing and sending unsolicited commercial messages, bulk email, "junk mail", "spam" or chain letters;
  7. create or send any viruses, worms or trojan horses, flood or mail bombs, or engaging in denial of service attacks while using the Site;
  8. use the Site in any manner that damages, disables, overburdens, or impairs the Site, or YNOS's systems or servers, or the cloud or other platform on which the we operate, and/or otherwise interferes with any other party's use and enjoyment of the Site;
  9. access the Site by any means other than through the interface that is provided by us for accessing the Site;
  10. permit any third party to do any of the foregoing.

You shall use all reasonable endeavours to prevent any unauthorised access to, or use of, the Site and, in the event of any such unauthorised access or use, it shall promptly notify us.

THIRD PARTY CONTENT

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The Site may provide links to or frame third-party websites or resources and may link User automatically to sponsors’ or third party’s websites or resources. You acknowledge and agree that YNOS is not responsible or liable for: (i) the availability or accuracy of such websites or resources; or (ii) the content, products, or services on or available from such websites or resources. Links to such websites or resources do not imply any endorsement by YNOS of such websites or resources or the content, products, or services available from such websites or resources. You acknowledge sole responsibility for and assume all risk arising from your use of any such websites or resources.You should review the applicable third party’s terms and policies, including privacy and data gathering practices of any website to which you navigate.

NOTIFICATIONS

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You agree to YNOS sending you notifications and important messages time to time via its websites, mobile applications, and email to provide you a better experience with the services provided by us. You agree that we may provide notices to you on our website, or through an email sent to an email address you provided, or through other means including but not limited to your mobile number, telephone, or email. You agree to keep your contact information up to date.

GRIEVANCE OFFICER

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In accordance with Information Technology Act 2000 and rules made there under, the name and contact details of the Grievance Officer are provided below:

Name: Thillai Rajan A.
Designation: Director
Phone: +91 44 2257 4569
Email: thillai@ynos.in
Time: Friday, 3:00PM – 5:00 PM

NO REPRESENTATIONS OR WARRANTIES

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Your access to the site is at your sole risk. Our services are provided on “AS IS” and “AS AVAILABLE” basis without warranties of any kind, either express or implied, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement. YNOS makes no representation as to the completeness or accuracy of the information provided on the Site. YNOS does not endorse or represent the reliability or accuracy of any content or information distributed through or accessed from the Site, and has not performed any investigation into such information. YNOS shall not be liable for any investment decisions made based upon such information. You agree that any reliance upon any content or information distributed through or accessed from the Site is at your sole risk. YNOS is entitled to rely upon the information provided by its users. YNOS cannot guarantee that startups will use the proceeds of their investment in accordance with the stated purpose. You acknowledge and agree that YNOS does not provide any representation, warranty or assurance that the offering on the Site are made in accordance with securities law, including the exception to the sale of unregistered securities and the prohibition against the general solicitation of unregistered securities. To the extent provided by law, YNOS assumes no liability or responsibility for any errors or omissions in the content of the Site. YNOS has not reviewed all of the links provided on the Site and is not responsible for the content of any off-Site pages. Clicking on hyperlinks and visiting any off-Site pages is done at your own risk.

CHANGE OR TERMINATION

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We may, without prior notice, change the Site, stop providing the Site, applications or services, or create usage limits for the Site. We may permanently or temporarily terminate or suspend your access to the Site without notice or liability, for any reason or for no reason, including if in our sole determination you violate any provision of these Terms of Use. Upon termination of these Terms of Use or your access to the Site for any reason or no reason, you will continue to be bound by these Terms of Use which, by their nature, should survive termination, including without limitation ownership provisions, warranty disclaimers, indemnity, and limitations of liability.

LIMITATION OF LIABILITY

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TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, NEITHER YNOS NOR ITS AFFILIATES WILL BE LIABLE UNDER ANY THEORY OF LIABILITY (WHETHER IN CONTRACT, TORT, NEGLIGENCE, OR OTHERWISE) FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES, INCLUDING, DAMAGES FOR LOSS OF REVENUES, PROFITS, GOODWILL, USE, DATA, OR OTHER INTANGIBLE LOSSES (EVEN IF SUCH PARTIES WERE ADVISED OF, KNEW OF, OR SHOULD HAVE KNOWN OF THE POSSIBILITY OF SUCH DAMAGES), ARISING FROM OR RELATING TO THE SITES OR SERVICES OR THESE TERMS OF USE.

Membership on YNOS site does not constitute an offer to sell or the solicitation by YNOS of an offer to buy any investment interest in the business ventures of members. The actual sale or purchase of an investment interest shall be a private and independent transaction between the members without any participation by YNOS. In no event will YNOS be liable for any loss of earnings or any other commercial damages, losses or expenses arising out of or in correlation with an independent transaction, agreement, or interaction between site members.

INDEMNIFICATION

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User agrees to indemnify, defend and hold harmless YNOS and its Affiliates from and against any and all claims, liabilities, damages, losses, costs, expenses, and fees of any kind (including reasonable attorneys’ fees and legal costs), arising from or relating to: (a) any information (including User Content or any other content) that User or anyone using User’s account submits, posts, or transmits on or through the Sites or Services; (b) the use of the Sites or Services by User or anyone using User’s account; (c) the violation of these Terms of Use by User or anyone using User’s account; or (d) the violation of any rights of any third party, including intellectual property, privacy, publicity, or other proprietary rights by User or anyone using User’s account.

JURISDICTION

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The Terms of Use shall be governed by the laws of India, and the courts at Chennai shall have exclusive jurisdiction with respect to any dispute arising hereunder.

INTERNATIONAL USE

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The Site is controlled and operated from within the India. YNOS makes no representation that the Siteis appropriate or available in locations outside of India. Those who choose to access the Site or use our services from other locations do so at their own risk and are responsible for compliance with applicable laws.

GENERAL

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The failure of YNOS to enforce any right or provision of these Terms of Use will not constitute a waiver of future enforcement of that right or provision. The waiver of any such right or provision will be effective only if in writing and signed by a duly authorized representative of YNOS. Except as expressly set forth in these Terms of Use, the exercise by either party of any of its remedies under these Terms of Use will be without prejudice to its other remedies under these Terms of Use or otherwise. If for any reason a court of competent jurisdiction, as applicable, of competent jurisdiction finds any provision of these Terms of Use invalid or unenforceable, that provision will be enforced to the maximum extent permissible and the other provisions of these Terms of Use will remain in full force and effect.

MISCELLANEOUS

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Except as expressly provided in these Terms of Use, there shall be no third-party beneficiaries to the Terms of Use. YNOS shall have the right to assign its rights or delegate any of its responsibilities under these Terms of Use to an affiliate or in connection with a merger, consolidation or reorganization of YNOS for the sale of substantially all of its assets.

In the event that any provision of this Agreement, or the application thereof, becomes or is declared by a court of competent jurisdiction to be illegal, void or unenforceable, the remainder of this Agreement will continue in full force and effect and the application of such provision to other persons or circumstances will be interpreted so as reasonably to effect the intent of the parties hereto.

This Agreement constitute the entire agreement between YNOS and User regarding the subject matter hereof, and supersede any previous arrangement, understanding or agreement between the parties, written or oral, relating to the subject matter hereof.

Notwithstanding anything to the contrary herein, YNOS will not be held liable for any delay or failure in performance or non-availability of the services resulting, directly or indirectly, from acts of nature, events, omissions, accidents or causes beyond its reasonable control, including, but not limited to, internet failure, network or computer equipment failures, telecommunication equipment failure, electrical power failures, strikes, lock-outs or other industrial disputes, labour disputes, riots, insurrections, civil disturbances, shortages of labour or materials, fires, floods, storms, explosions, breakdown of plant or machinery, acts of God, war, governmental actions or orders, orders of domestic or foreign courts or tribunals.