1. Introduction
- i) Welcome to https://univest.in and/or mobile application ‘Univest’ referred to as “Platform/Site” operated, owned and powered by Univest Communication Technologies Private Limited (“Univest/UCTPL/the Company”).
ii) These terms of use (“Terms and Conditions / Terms”) mandate the terms on which the users (“You” or “Your” or “User”) access and register on the Platform i.e. “Univest”.
iii) Univest shall also allow its associates, affiliates, group and subsidiary companies, together referred to as “Company” or “We” or “Us” or Univest to use the Platform as per their requirements.
iv) Please read the Terms and Privacy Policy carefully before using, registering on the Platform or accessing any material, information through the Platform. It shall be your responsibility to check these Terms periodically for changes. Accordingly, please continue to review the Terms whenever accessing or using the Platform.
v) Your use of the Platform as defined above, constitute your acceptance of the Terms and the agreement to be legally bound by the same. If you do not agree to the Terms in their entirety, please do not use or access the Platform. The Company through this Platform inter alia provides various technology and artificial intelligence driven services to its users, affiliates and Group /subsidiary Companies.
vi) We reserve the right, at any time, at our sole discretion, to change or otherwise modify the Terms of Use without any prior notice, and your continued access or use of this platform signifies your acceptance of the updated or modified Terms of Use.
2. Definitions
- i) “Company” shall mean Univest Communication Technologies Private Limited
ii) Subsidiary Companies” shall mean Uniapps Investment Adviser Private Limited earlier known as Uniapps Global Research Private Limited (SEBI Registered Investment Adviser) and Uniresearch Global Private Limited, (SEBI Registered Research Analyst)
iii) “Services” shall mean the services offered and provided by univest and shall also include the services offered and provided by group companies or subsidiary or third parties to the users on the Platform;
3. Use and access to Platform/Site
- Subject to compliance with the terms and conditions, The Company hereby grants you a non-exclusive, limited privilege to access and use this Platform. You agree to use the Platform only: (a) for purposes that are permitted by the Terms; and (b) in accordance with any applicable law, regulation or generally accepted practices or guidelines.
ii. You agree that You shall not copy, reproduce, sell, redistribute, publish, enter into a database, display, perform, modify, alter, transmit, license, create derivatives from, transfer or in any way exploit any part of any information, content, materials, services available from or through the Platform, except that You may download the Platform for Your own personal, internal use and non-commercial use.
iii. You agree that you will not use the Platform in any manner or engage in any activity that may damage, disable or impair or adversely affect the use of the Platform or interfere with any other users’ use, legal rights, or enjoyment of the Platform. Further, you agree not to remove any text, copyright or other proprietary notices contained in the content downloaded from the Platform.
iv. The Company grants you a non exclusive and limited privilege to access and make personal use of the platform and the Service. This privilege does not cover any downloading or copying of any kind of information or data to the advantage of another individual, vendor or any other third party; caching, unauthorized hypertext links to the platform and the framing of any Content available through the platform uploading, posting, or transmitting any content that you do not have a right to make available (such as the intellectual property of another party); uploading, posting, or transmitting any material that contains software viruses or any other computer code, files or programs designed to interrupt, destroy or limit the functionality of any computer software or device or hardware or telecommunications equipment; any action that imposes or may impose (at the sole discretion of the Company) an unreasonable or disproportionately large load on the infrastructure of Univest; or any use of data mining, robots, or similar data gathering and extraction tools. You may not bypass any measures used by Univest to prevent or restrict access to the platform. Any unauthorized use by you shall terminate the permission or license granted to you by the Company.
v. By using Univest, you agree not to:
a) Use this platform or its contents for any commercial purpose;
b) Make any speculative, false, or fraudulent transaction or any transaction in anticipation of demand;
c) Access, monitor or copy any content or information of this platform using any robot, spider, scraper or other automated means or any manual process for any purpose without our express written permission;
d) Violate the restrictions in any robot exclusion headers on this platform or bypass or circumvent other measures employed to prevent or limit access to this Site;
e) Take any action that imposes, or may impose, in our discretion, an unreasonable or disproportionately large load on our infrastructure;
f) Deep-link to any portion of this platform (including, without limitation, the purchase path for any service) for any purpose without our express written permission; or
g) “Frame”, “mirror” or otherwise incorporate any part of this platform into any other website/mobile app without our prior written authorization.
vi. Further, you undertake not to:
a) defame, abuse, harass, threaten or otherwise violate the legal rights of others;
b) publish, post, upload, distribute or disseminate any inappropriate, profane, defamatory, infringing, obscene, indecent or unlawful topic, name, material or information;
c) copy, republish, post, display, translate, transmit, reproduce or distribute any content on the Platform through any medium without obtaining the necessary authorization from the Company;
d) conduct or forward surveys, contests, pyramid schemes or chain letters;
e) upload or distribute files that contain software or other material protected by applicable intellectual property laws unless You own or control the rights thereto or have received all necessary consents;
f) upload or distribute files that contain viruses, corrupted files, or any other similar software or programs that may damage the operation of the Platform or another’s computer;
g) engage in any activity that interferes with or disrupts access to the Platform (or the servers and networks which are connected to the Platform);
h) attempt to gain unauthorized access to any portion or feature of the Platform, any other systems or networks connected to the Platform, to any of the Company’s server, or through the Platform, by hacking, password mining or any other illegitimate means;
i) probe, scan or test the vulnerability of the Platform or any network connected to the Platform, nor breach the security or authentication measures on the Platform or any network connected to the Platform. You may not reverse look-up, trace or seek to trace any information on any other User, of or visitor to, the Platform, to its source, or exploit the Platform or information made available or offered by or through the Platform, in any way whether or not the purpose is to reveal any information, including but not limited to personal identification information, other than Your own information, as provided on the Platform;
j) disrupt or interfere with the security of, or otherwise cause harm to, the Platform, systems resources, accounts, passwords, servers or networks connected to or accessible through the Platform or any affiliated or linked sites;
k) collect or store data about other Users in connection with the prohibited conduct and activities;
l) use any device or software to interfere or attempt to interfere with the proper working of the Platform or any transaction being conducted on the Platform, or with any other person’s use of the Platform;
m) use the Platform or any material or content for any purpose that is unlawful or prohibited by these Terms, or to solicit the performance of any illegal activity or other activity which infringes the rights of the Company or other third parties;
n) falsify or delete any author attributions, legal or other proper notices or proprietary designations or labels of the origin or source of software or other material contained in a file that is uploaded;
o) violate any applicable laws or regulations for the time being in force within or outside India or anyone’s right to privacy or personality; violate the Terms contained herein or elsewhere;
p) reverse engineer, modify, copy, distribute, transmit, display, perform, reproduce, publish, license, create derivative works from, transfer, or sell any information or software obtained from the Platform.
q) Shall not use Company’s and/or its affiliates, group and subsidiary companies registration details, and/or any certificates and/or any general details thereby inducing public at large to conduct business, trading activities with you. Additionally, you shall ensure that you shall not undertake any selling/advisory activities, or carry out any transactions and/or mis-sell the products/services offered to the User in the secondary market under the name and title of the Company, its associates, affiliates group and subsidiary companies.
4. Your Account
- i) You must provide true, accurate, current and complete information about yourself as prompted by the platform. If you provide any information that is false, inaccurate, obsolete or incomplete (or becomes so), or UCTPL has reasonable grounds to suspect that such information is false, inaccurate, obsolete or incomplete, UCTPL has the right to suspend or terminate your account and refuse any and all current or future use of the platform (or any portion thereof). It is your responsibility to maintain the confidentiality of your account and password, and for restricting access to your computer/device. You are also fully responsibility for all activities that occur under your account or password. You agree to notify UCTPL immediately of any unauthorized use of your account or any other breach of security. UCTPL reserves the right to refuse service, terminate accounts or remove or edit content in its sole discretion. Notwithstanding the above, we retain the right at our sole discretion to deny access to anyone to the platform and the Services we offer, at any time and for any reason, including, but not limited to, for violation of the Terms of Use or Privacy Policy or Disclosures & Disclaimers etc. Additional terms and conditions will apply to your purchase of Services that you select. Please read them carefully. You agree to abide by the terms and conditions of purchase imposed by any service provider with whom you elect to deal, including, but not limited to, payment of all amounts when due and compliance with the service provider’s rules and restrictions regarding use of products, and/or Services. You agree that any violation of any such service provider’s rules and restrictions may result in cancellation of your purchase(s), in your being denied access to the applicable service(s), in your forfeiting any monies paid for such Services, and/or in our debiting your account for any costs we incur as a result of such violation.
ii) In order to access the Platform Services on the Platform and your account on the Platform (“Account”), You will have to register on the Platform by providing details including but not limited to mobile number, mother’s name, father’s name, email address, password, date of birth, gender, Permanent Account Number (PAN), Aadhaar, signature, marital status, nominee details, cancelled cheque, photograph and video recording, etc. and other information as may be required by the Company from time to time. Your Account will be activated once Company and/or Uniapps (regulated entity) and/or Uniresearch (regulated entity), undertakes Your KYC verification as applicable on the Platform in accordance with the Know Your Client (“KYC”) guidelines and/or circulars and/or communications issued by the Securities and Exchange Board of India (“SEBI”), respective Exchanges (National Stock Exchange of India Limited and BSE Ltd.), Depositories (Central Depository Services Limited and National Securities Depository Limited) from time to time based on the information provided by You including personal information.
iii) You hereby give your consent to Company, Uniapps and Uniresearch as applicable to share your KYC documents with KYC Registration Agency i.e. CVL etc along with the complete set of account opening forms/information and other requisite documents submitted by you to Company, Uniapps and Uniresearch as applicable. You understand that once the above mentioned documents/information are uploaded onto the system of KYC Registration Agency, the same can be downloaded by any other intermediary/KYC Registration Agency with whom You are entering into a business relationship.
iv) We may also ask you for certain financial information, including your billing address, bank account details, and/or other payment related details or other payment method data, and debit instructions or other standing instructions to process payments for the Platform Services. We may ask you to provide certain additional information about yourself on a case to case basis. You shall ensure and confirm that the Account information and requisite documents provided by you is complete, accurate and up-to-date. If there is any change in the Account information, you shall promptly update Your Account information and requisite documents on the Platform. If You provide any information that is untrue, inaccurate, not current or incomplete (or becomes untrue, inaccurate, not current or incomplete), or if the Company has reasonable grounds to suspect that such information is untrue, inaccurate, not current or incomplete, the Company has the right to suspend or terminate your Account and refuse any and all current or future use of the Platform (or any portion thereof) at its discretion, in addition to any right that the Company may have against You at law or in equity, for any misrepresentation of information provided by You.
v) `You will be responsible for maintaining the confidentiality of the 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 change your login credentials and inform the Company immediately in case of any actual or suspected unauthorized use of Your Account. The Company cannot and will not be liable for any loss or damage arising from your failure to comply with this provision. You may be held liable for losses incurred by the Company or any other user of or visitor to the Platform due to authorized or unauthorized use of Your Account as a result of Your failure in keeping Your Account information secure and confidential.
5. Service Description
Univest, inter alia provides users with access to information focused on financial and capital market products and services including but not restricted to publication of the data and recommendations provided by the SEBI registered research analyst, and investment adviser, regulated third party services with potentials to earn the fair returns and related services (including but not limited to renewals) (the “Service”). It is the user’s responsibility to obtain access to the platform, and that access may involve third-party fees (such as subscription fees and/or airtime charges etc). In addition, you must provide and are responsible for all equipment necessary to access the platform. The usage of the platform, and furnishing of one’s personal / contact details, hereby qualifies as the user being interested in availing and purchasing the Service(s) that they have selected. The user hereby gives consent to being sent the policy PDF on their email ID by Univest/group/subsidiary Company/ affiliates. The user hereby agrees that Univest may contact them either electronically or through phone, or permitted mode to understand their interest in the selected products and Service(s) (like renewals, reminders etc.) and to fulfill their demand. UCTPL has the right to share your details with its affiliates and partners and you may be contacted by the affiliates and partners for information and for services through email, telephone and/or SMS or socials or permitted mode. It is reiterated that Univest is acting as a platform provider and publishes the data, recommendation and services offered by the SEBI registered research analyst, investment adviser and third party. Investments in securities market are subject to market risks. Read all the related documents carefully before investing.” The securities quoted (if any) on platform are for illustration only and are not recommendatory” “Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provides any assurance of returns to investors.”
6. Users Covenants
- a) You agree and confirm to avail and receive promotional materials and/or special offers from Univest through email or SMS and/or Socials and/or permitted mode. b) The User hereby agree, confirm and acknowledges that not all the Services on the Platform are provided by UCTPL and services may be provided by the Associate, Group Companies, Subsidiaries or other third parties. c) When you access the platform/service, the Company will act on your express instructions, and any transactions carried out on your behalf shall be subject to your sole consent, discretion and responsibility. d) for providing the Services, we shall partner with corporate entities including but not limited to investment advisors, research analysts and other intermediaries that are registered with the Securities and Exchange Board of India (“SEBI”) and NBFCs/Banks that are registered with the Reserve Bank of India (“RBI”); e) to offer the Services to you, you may be required to create a user profile on the Platform and provide personal and financial information, including but not limited to name, email address, gender, date of birth, contact information, bank details and documents, PAN, and other information including User Data, you acknowledge that providing such information is necessary for the use of the Services and agree that such information shall be accurate and complete, failing which the Company may cancel or refuse any part of the Services offered to you, f) you hereby grant your express authorization to Univest to access, collect, store, and use such data for providing the Services; We are required to collect User Data, in accordance with the Company’s Privacy Policy, g) you hereby acknowledge, agree and grant your express authorization to Univest that the information shared by you on the platform or received by the Company and Group/subsidiary companies from various intermediaries and third parties may be shared within the Company, Associate/ Group/subsidiary companies and other third parties, h) you hereby acknowledge, agree and grant your express authorization to the company and associate/group/subsidiary companies to receive your investment, financial, personal and other data from different third parties and intermediaries to provide services on the platform, i) You declare that you have read, understood and agree to the disclosures made here, j) You agree that the records maintained by the Company in respect of the transactions effected using our Services shall be sufficient proof of such transactions, k) The Company/Associate/ Group company shall not be liable or responsible for any actual or threatened losses, damages, expenses, disputes or otherwise any claims made in respect of the use or misuse of the Services by you, l) The Company/Associate/ Group company shall be entitled to cancel or refuse to offer the Services to you without any notice or obligation to provide reasons, m) the efficiency and confidentiality of the information provided by you shall always be subject to the software and hardware used by you, including the capability of your electronic device, internet connection, and such other specifications or features that may be relevant for or ancillary to accessing the Platform and availing the Services, and n) by accessing the Services through the Platform, you represent that (a) you are competent to contract with the Company and (b) you consent to these Terms.
7. Services offered and provided by Associate/group/Subsidiary Companies
- i) Uniapps Investment Adviser Private Limited earlier known as Uniapps Global Research Private Limited (“Uniapps”) is a subsidiary company of Univest/ UCTPL, having its registered /corporate office at 10, First Floor, Poorvi Marg, DLF Phase 2, Sector 25, Gurugram, Haryana 122002, email hello@uniapps.club, registered with Securities Exchange Board of India “SEBI” as an investment adviser vide registration number INA000017639 dated 23.01.2023, the validity of the registration is perpetual until suspended and acting as an investment adviser in accordance to the provisions of the SEBI Investment Advisers Regulations 2013. Uniapps is a member of BSE Administration & Supervision Ltd. “BASL” bearing registration number 1949. Mr Ketak Sonalkar is the Principal officer of the Company and can be reached at ketan@uniapps.club and Mr Sagar Wadhwa is acting as a Compliance officer and can be reached at hello@ uniapps.club
Uniapps is providing the requisite data and a stock recommendation for publication on Univest and offering investment advisory services through Univest wherein univest is acting as a platform provider only and publishes the data and recommendations provided by Uniapps in order to unable the respective user to avail the respective services.
- ii) Uniresearch Global Private Limited (“Uniresearch”) is a subsidiary company of Univest/ UCTPL, having its registered /corporate office at 10, First Floor, Poorvi Marg, DLF Phase 2, Sector 25, Gurugram, Haryana 122002, email legal@univest.in, registered with Securities Exchange Board of India “SEBI” as a Research Analyst vide registration number INH000013776 dated 30.11.2023, the validity of the registration is perpetual until suspended and acting as a Research Analyst in accordance to the provisions of the SEBI Research Analyst Regulations 2014. Mr Yashpal Arora is head of research and Mr Vinay is acting as a Compliance officer and can be reached at compliance@uniresearch.in
Uniresearch is providing the requisite data and a stock recommendation for publication on Univest and offering research analyst services through Univest wherein univest is acting as a platform provider only and publishes the data and recommendations provided by Uniresearch in order to unable the respective user to avail the respective services.
Furthermore, users hereby acknowledge that Uniresearch is availing the research rational report from Uniapps and same is being used with requisite disclosure to offer the stock recommendation services/research analyst services to the respective client.
iii) Univest is inter alia offering the Platform for facilitating services by Uniapps & Uniresearch, among others, which includes but not limited to Univest Pro and Univest Pro Plus which is a subscription based services for providing stock recommendation/ trade ideas services based upon the recommendation provided by the SEBI Registered investment adviser and research analyst as applicable. Kindly take note that the Company, Uniapps and Uniresearch will not be liable in any manner with respect to the gain or loss incurred in any securities, derivative or investments purchased by the User based upon the ideas/recommendation and any related material available on platform.
iv) Univest, Uniapps and Uniresearch “We or us or the entity” do not, and are not obliged to; offer research and tips on all the stocks listed on various stock exchanges of India for investment or as the case may be, all kind of investment advisory services/ research analyst services as applicable. By limiting the number of stocks on the Platform, we does not makes any representation as to the quality, bona fides or nature of any stocks, or any other representation, warranty or guaranty, express or implied. You hereby agree and acknowledge that the data and information provided on the Platform does not constitute advice and recommendations by us of any nature whatsoever, and all the investments made by you will be solely at your discretion and shall not be relied upon by you while making investment decisions in stocks and/or financial products. You shall be solely responsible for any investment decisions and for the purchase of any stocks and investments.
v) In no event shall the Company and/or Uniapps and/or Uniresearch and /or any of its affiliates, directors, employees, promoters, group, associate and subsidiary companies be held liable by You or third party for any loss or damage that may cause or arise from or in relation to these Terms and/or due to use of this Platform or due to investments made using this Platform.
vi) As part of the Platform Services provided to you, after availing such services, you agree to provide honest feedback/review about the concerned Platform Service, if required by the Company and/or Uniapps and/or Uniresearch.
vii) In case of any dissatisfaction with the Platform Services, You shall first file a formal complaint with the customer service of the Company and/or Uniapps and or Uniresearch, as may be applicable, prior to pursuing any other recourse. The complaints can be lodged at support@univest.in or grievance@univest.in and upon lodging a complaint, you agree to provide complete support to the customer service team with such reasonable information as may be sought by them from you along with necessary documents, emails, and screenshots as available with you forming part of the said complaint. The decision of the Company and/ or Uniapps, and/or Uniresearch as may be applicable, on the complaints shall be final and you agree to be bound by the same.
8. Eligibility to Use
- a) By accepting the Terms, You hereby represent that:
You are of 18 (eighteen) years of age or older and in case of You are acting as guardian on behalf of a minor, You have the necessary authority to register/sign up on the Platform for the availing the Services on behalf of the minor;
ii. You are of legal age to form a binding contract, are not a person barred from receiving the Platform Services under the applicable laws and are competent to enter into a binding contract. The Company reserves the right to refuse access to the Platform to new Users and any such user who has been suspended, disqualified, debarred and/or removed by the Company for any regulatory and/or statutory authority reason whatsoever shall not been entitled to avail the Platform Services;
iii. You agree to abide by the Terms, offer documents, investor application form, Risk Profiling, disclosure documents and any other information provided by You on and through the Platform for the provision of the Platform Services; the money you invest is from Your bank account (primary holder’s bank account in case of investment account held jointly), and the same is from legitimate sources and remitted through approved banking channels;
iv. You are prohibited from selling, trading, or otherwise transferring your account to another party or impersonating any other person for the purposing of creating an account with the Platform; You agree to make an informed independent investment decision by reading the offer documents of the investment schemes that you are investing in; and before investing, you shall seek independent financial planning, legal, accounting, tax or other professional advice etc, if required.
v. You shall be solely responsible for all the investment decisions executed by you on the Platform in your selected investment schemes and the Company shall nowhere be responsible for any loss or harm incurred by you due to the investment activities carried out by you.
9. Violation of the Terms
You agree that any violation by you of these Terms will constitute an unlawful and unfair business practice, and will cause irreparable harm to the Company and/ or its group entities and affiliates, as the case may be, for which monetary damages would be inadequate, and You consent to the Company obtaining any injunctive or equitable relief that they deem necessary or appropriate in such circumstances. These remedies are in addition to any other remedies that the Company may have at law or in equity. If the Company takes any legal action against you as a result of your violation of these Terms, they will be entitled to recover from you, and you agree to pay, all reasonable attorneys’ fees and costs of such action, in addition to any other relief that may be granted.
10. Users Acknowledgment;
- i) Users hereby confirm, agree and unconditionally acknowledge that w.e.f January21, 2024 “cut-off /commencement date”, Uniresearch (subsidiary company of Univest) is providing and offering the services as a SEBI Registered Research Analyst. All the Users, whosoever wish to avail and/or availing the Univest Pro and Univest Pro Plus subscription w.e.f commencement date, will be availing the services offered by Uniresearch and additionally will be governed by T&C of Uniresearch.
ii) The users who have already subscribed to Univest Pro and Univest Pro Plus subscription upto January20, 2024, shall continue to avail the services offered by Uniapps upto the completion of the respective tenure of their subscription. Uniapps is not offering the Univest Pro and Univest Pro Plus subscription w.e.f end of 20th day of January, 2024.
iii) The term “advisory” described on the Univest platform (mobile app/website) effective from January 21, 2024, inter alia, refers to stock ideas and trade recommendations provided by Uniresearch Global Pvt Ltd, “Uniresearch”. Uniresearch is a SEBI Registered Research Analyst with the registration number INH000013776.
11. Disclaimer of Liability and Warranty
- i) There is a possibility of inaccurate information or errors, including pricing errors, on the Content, Products, and Services Published on the platform. We do not guarantee absolute accuracy, and disclaim all liability for any errors or other inaccuracies relating to the information and description of the content, products, and services. We solely reserve the right to correct any pricing errors on the platform/site and/or on pending reservations made under an incorrect price. UCTPL makes no representation about the suitability of the information, Software, products, and services contained on the platform/site for any purpose, and the inclusion or offering of any products or services on this platform/site does not constitute any endorsement or recommendation of such products or services. All such information, software, products, and services are provided “AS IS” without warranty of any kind. UCTPL disclaims all warranties and conditions that this platform/site, its services or any email sent from Univest, its affiliates, and/or their respective or associated service providers are free of viruses or other harmful components. Univest hereby disclaims all warranties and conditions with regard to this information, software, products, and services, including all implied warranties and conditions of merchantability, fitness for a particular purpose, title, and no infringement. The service providers providing services on this platform/site are independent affiliates and Univest are not liable for the acts, errors, omissions, representations, warranties, breaches or negligence of any such service providers or for any personal injuries, death, property damage, or other damages or expenses resulting therefore. Univest, group companies and its affiliates have no liability and will make no refund in the event of any delay, cancellation, strike, force majeure or other causes beyond their direct control, and they have no responsibility for any additional expense omissions delays or acts of any government or authority. In no event shall Univest and/or its affiliates and/or subsidiary company/associate be liable for any direct, indirect, punitive, incidental, special, or consequential damages arising out of, or in any way connected with, your access to, display of or use of this platform/site or with the delay or inability to access, display or use this platform/site (including, but not limited to, your reliance upon opinions appearing on this platform/site; any computer viruses, information, software, linked sites, products, and services obtained through this platform/site; or otherwise arising out of the access to, display of or use of this platform/site) whether based on a theory of negligence, contract, tort, strict liability, or otherwise, and even if Univest and/or its affiliates their respective service providers have been advised of the possibility of such damages.
ii) You expressly understand and agree that, to the maximum extent permitted by applicable law, the Platform and other Content are provided by the Company on an “as is” basis without warranty of any kind, express, implied, statutory or otherwise, including the implied warranties of title, non-infringement, merchantability or fitness for a particular purpose. Without limiting the foregoing, the Company makes no warranty that (i) the Platform or Platform Services will meet Your requirements or Your use of the Platform will be uninterrupted, timely, secure or error-free; (ii) the results that may be obtained from the use of the Platform will be effective, accurate or reliable; (iii) any errors or defects in the Platform will be corrected. No advice or information, whether oral or written, obtained by you from the Company and/or our group entities or affiliates shall create any warranty not expressly stated in the Terms.
The Company will have no liability related to any user content arising under intellectual property rights, libel, privacy, publicity, obscenity or other laws. The Company also disclaims all liability with respect to the misuse, loss, modification or unavailability of any user Content. Further, the Company will not be liable for any loss that you may incur as a consequence of unauthorized use of your Account or Account information in connection with the Platform or the Platform Services either with or without your knowledge.
iii) The Company has endeavored to ensure that all the information on the Platform is correct, but the Company neither warrants nor makes any representations regarding the quality, accuracy or completeness of any data, information regarding the Platform Services or otherwise. The Company shall not be responsible for the delay or inability to use the Platform or related functionalities, the provision of or failure to provide functionalities, or for any information, software, functionalities and related graphics obtained through the Platform, or otherwise arising out of the use of the Platform, whether based on contract, tort, negligence, strict liability or otherwise. Further, the Company shall not be held responsible for non-availability of the Platform during periodic maintenance operations or any unplanned suspension of access to the Platform that may occur due to technical reasons or for any reason beyond the Company’s control. You understand and agree that any material or data downloaded or otherwise obtained through the Platform is done entirely at Your own discretion and risk, and that You will be solely responsible for any damage to Your computer systems or loss of data that results from the download of such material or data.
iv) You acknowledge that the software and hardware underlying the Platform as well as other internet related software which are required for accessing the Platform are the legal property of the respective vendors. The permission given by the Company to access the Platform will not convey any proprietary or ownership rights in the above software/hardware to you.
v) Please note that not all the Platform Services are available in all geographical areas and depending on your location, you may not be eligible to avail certain Platform Services. The Company and /or its group entities and affiliates reserve the absolute right to determine the availability and eligibility for any of the Platform Service offered on the Platform.
vi) The Company is not responsible for the availability of content or other services on third party sites linked from the Platform and the Company urges you to read the terms of use of the respective third party sites, before accessing or registering with any of such third party sites. Further, the Company 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 websites.
vii) The Company shall not be liable for failure or error of any transaction on the Platform or for any failure on part of the Company to perform any of its obligations under these Terms if performance is prevented, hindered or delayed by a Force Majeure event (defined below) and in such case its obligations under these Terms shall be suspended for so long as the Force Majeure event continues. The term “Force Majeure Event” means any event due to any cause beyond the reasonable control of the affected party, including without limitations, unavailability of any communication systems, breach, or virus in the 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, 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.
viii) Further, You will not dispute or hold the Company responsible for:
a)any act that is not an obligation of Company under the Terms;
b)any disclosures made by the Company or its group entities/affiliates to any statutory body under any law.
ix) You agree to indemnify the Company and/ its group entities and affiliates, its directors and employees from any losses, damages, penalties, claims, costs and demands (including reasonable attorney fees and legal costs) arising out of Your breach or non-performance and/or non-observance of the duties and obligations, representations, warranties and covenants under the Terms or due to your acts or omissions or breach of any law. You further agree to hold the Company and/or its group entities and affiliates harmless against any claims made by any third party due to, or arising out of, or in connection with, Your use of the Platform, any misrepresentation with respect to the data or information provided by You, Your violation of the Terms, or Your violation of any rights of another, including any intellectual property rights. In no event shall the Company and/ or its group entities and affiliates and their officers, partners, consultants, agents and employees, be liable to You or any third party for any special, incidental, indirect, consequential or punitive damages whatsoever, arising out of or in connection with Your use of or access to the Platform or Content on the Platform. The limitations and exclusions in the Terms apply to the maximum extent permitted by applicable laws.
x) You warrant that all the details and information provided by you to the Company and/or our group entities/affiliates while using this Platform (including for the purposes of carrying out investments) are correct, accurate and genuine. You further warrant that providing such details and information on the Platform or sharing of the aforesaid details/information shall not violate any third – party rights or the intellectual property right of any third party.
xi) You hereby further acknowledge and agree that You may agree to subscribe to certain Platform Services offered by the Company and/or our group entities/affiliates while using this Platform (including for the purposes of carrying out investments) either for the purposes of subscription or otherwise (including for the purposes of Your own analysis). While agreeing to such subscription, you to be made visible to other users on the Platform.
xii) Further, You shall be solely responsible for any investment decision taken by it on the basis of the subscription of Platform Services using this Platform and the Company and/or Uniapps and/or Uniresearch shall not be liable for any loss or damage caused to You or any other users of this Platform due to such an investment decision, or any kind of reliance upon it. The Company specifically and expressly disclaims the accuracy and correctness of the analysis or data generated or reflected while creating using such subscription.
xiii) You further expressly understand and agree that UCTPL and its subsidiaries, affiliates, associates, promoters, director, UBO, officers, counsel, employees, agents, partners and licensors shall not be liable to you for any direct, indirect, incidental, special, consequential or exemplary damages, including, but not limited to, damages for loss of profits, goodwill, use, data or other intangible losses (even if UCTPL has been advised of the possibility of such damages), resulting from use of the platform/site, content or any related services. If, despite the limitation above, UCTPL or its Affiliates are found liable for any loss or damage which arises out of or in any way connected with any of the occurrences described above, then the liability of UCTPL and/or Its Affiliates will in no event exceed, in the aggregate, the greater of (a) the service fees you paid to UCTPL in connection with such transaction(s) on this platform/Site, or (b) Rupees One Hundred only (INR 100). The limitation of liability reflects the allocation of risk between the parties. The limitations specified in this section will survive and apply even if any limited remedy specified in these terms is found to have failed of its essential purpose. The limitations of liability provided in these terms inure to the benefit of UCTPL, Its affiliates, and/or their respective service providers.
12. Refund Policy
The transactions on the Platform with respect to the Platform Services for subscription of Services are non refundable. You hereby agree and acknowledge that the once the subscription charges are paid for the Services, same cannot be refunded to you. The Company does not owe any liability to refund the subscription charges if you decides to discontinue availing services or terminates the Account or under any other circumstances whatsoever. User does not have any right to claim the refund in any condition whatsoever. Subscription charges once paid shall not be refunded.
13. Referral Program
- As we introduce our new referral program, we wish to clarify the terms and conditions governing its operation:
a. Withholding of Rewards: In cases of subscription cancellations, investment refunds, or related circumstances, Univest reserves the right to withhold Rewards as necessary.
b. Accuracy of Referee Information: It is important to note that Univest disclaims responsibility for any incorrect bank or UPI details submitted by Referees that may result in the improper transfer of Rewards. Participants are responsible for ensuring the accuracy of the information provided during the referral process.
c. Program Modifications: Univest reserves the right to terminate or modify the Program at any time, including but not limited to eligibility criteria and Rewards structure, without prior notice. Univest shall not be held liable for any loss or inconvenience arising from such changes. - Should you have any questions or concerns regarding the Rewards, Referrals, or this Disclaimer, please do not hesitate to contact our dedicated customer support team at support@univest.in. Your participation in our referral program is greatly appreciated, and we look forward to providing a rewarding experience for all our valued customers.
14. Report Abuse
In the event you come across any abuse or violation of these Terms or if you become aware of any objectionable content on the Platform, please report the same to the following e-mail id: support@univest.in or grievance@univest.in
15. Communications:
- a) You hereby expressly agree to receive communication (including transactional messages) or by way of SMS and/or E-mail or through WhatsApp or other permitted mode from the Company or Uniapps or Uniresearch or any third party in connection with the Platform Services or Your registration on the Platform. You can unsubscribe/ opt-out from receiving communications through SMS and e-mail anytime by visiting support@univest.in
b) The Company reserves a right to create any social platform groups (“Groups”) through its representatives (hereinafter referred to as “Group Admin”) who are expressly authorized to control monitor and administer the Groups on its behalf. The usage, membership, and participation in the Group are subject to the following terms and conditions:
You shall not:
i. use the Groups for circulating, uploading, transmitting, or otherwise making available any information, data or content that is unlawful, harassing, threatening, harmful, tortuous, defamatory, libellous, abusive, violent, obscene, vulgar, invasive of another’s privacy, hateful, racially or ethnically offensive, or otherwise objectionable;
ii. stalk, harass, threaten or harm another user using the Groups;
iii. engage in any copyright infringement or other intellectual property infringement, or disclose any trade secret or confidential or personal information in violation of a confidentiality, employment, or nondisclosure agreement and/or privacy norm to which you are subject to;
iv. post, send, transmit or otherwise make available any unsolicited or unauthorized e-mail messages, advertising, promotional materials, junk mail, spam, or chain letters, including, without limitation, bulk commercial advertising, and informational announcements;
v. upload, post, e-mail, transmit, store or otherwise make available any material that contains viruses or any other computer code, files or programs designed to harm, interfere or limit the normal operation of the Service (or any part thereof), or any other computer software or hardware;
vi. interfere with or disrupt the Group services;
vii. plan or engage in any illegal activity using the Groups;
viii. circulate or post any jokes and poems;
ix. circulate or post any religious or politically oriented views or comments; and
x. pretend to be anyone, or any entity, You are not i.e. You may not impersonate or misrepresent yourself as another person (including celebrities), entity, another participant of the Groups, an employee or official or representative of Company or Uniapps or Uniresearch,;
- c) The Group Admin reserves the right at all times to determine, in its sole discretion, whether the content posted on the Group is appropriate and in compliance with these Terms. The Group Admin further reserves the rights to remove any participant/member from the Group if it finds you or any participant/member to have circulated/posted any content which is objectionable or improper for the Groups or its participants and/or deemed to have violated the Terms or for any reason whatsoever. The participants shall not challenge or question such removal by the Group Admin or declaration of any content as inappropriate or not compliant with the Terms. The participant hereby agrees and acknowledges that any of such actions by the Groups Admin shall not be construed as defamatory by the participant or you. This Group shall be used only for communication and group chat in relation to financial investments, and financial products.
- d) The views or comments posted herein by any participant (including any recommendation for investment and/or disinvestment in any financial products including stocks) shall be the views and comments of that participant only and shall not be construed to be the views or comments of the Group Admin and/or the Company, or its group entities/affiliates or that such view/comments are endorsed by them and are for general information and education purpose.
- e) The participant agrees and acknowledges that views/comments/suggestions by any other participants in the Groups shall be subject to verification by the participant reading/relying upon such views/comment/suggestion including view/comments/suggestion with respect to any financial product or class of financial products and financial market conditions. The participant agrees and acknowledges that the investments in stocks or any other financial products are subject to market risks (including possible loss of the principal amount invested), and the participant shall read all investment/scheme-related documents carefully, and make its own assessment before making any investment/disinvestment decision.
- f) You agree to defend, indemnify and hold the Group Admin, the Company and/or its group entities, its affiliates, directors, officers, employees, agents, partners and licensors harmless from any claim or demand, including reasonable attorney’s fees, made by a third party or any other participant in the Groups, relating to or arising from: (a) any content You submit, post, transmit, or otherwise make available in and through the Groups; (b) Your use of the Groups; and/ or (c) any violation by You of the Terms. This obligation shall survive the termination or expiration of these Terms or termination of your usage of the Groups by You and due to your removal by the Group Admin.
g) You agree and acknowledge that Your personal information including your mobile number disclosed in the Groups may be used by the participants and/or the Groups Admin/the Company to communicate or establish contact with you or for any other purposes. You hereby further unconditionally consents that such communications via SMS/text messaging services and/ or voice call or permitted mode by any other participant, Group Admin/ Company is (a) upon the request and/or authorization by you, (b) ‘transactional’ and not an ‘unsolicited commercial communication’ under applicable laws including under the guidelines issued by Telecom Regulation Authority of India (“TRAI”) and (c) in compliance with the relevant guidelines of TRAI or such other authority in India and abroad. You shall indemnify the Group Admin and/or Company against all types of losses and damages incurred by it or its affiliates, ,group entities, directors, officers, employees, agents, partners and licensors due to any action taken by TRAI, access providers (as per TRAI regulations) or any other authority due to any erroneous compliant raised by you or anyone on the Group Admin and/or Company or its affiliates, group entities, directors, officers, employees, agents, partners and licensors with respect to the intimations mentioned above or due to a wrong number or other contact details provided by you for any reason whatsoever.
16. Posts
The Company may provide and display content on the Platform which features specific articles/write ups by third parties in relation to the stocks and other financial products. You hereby agree and acknowledge that such content displayed on the Platform does not represent the views and/ or recommendations of the Company and/or Univest and/or Uniresearch and You are required to read the documents carefully before investing in any stocks and/or financial products. You may also be allowed to post and comment on such content on the Platform and you hereby undertake to ensure that such comments shall not be offensive and will be in accordance with applicable laws. All material added, created, submitted, or posted to the Platform by you is your sole responsibility. The Company reserves the right to review any information provided/data uploaded, if any, by you on the Platform and delete any information/data that is inconsistent with these Terms.
17. Online Availability, Impressions, and Click-Through Disclaimer
In addition to the other disclaimers and limitations discussed in this notice, there are no guarantees or warranties regarding online availability, impressions, and click-through of platform/site, and any material, information, links, or content presented on the platform, may be unavailable for online access at anytime. Advertising sponsors and advertising, if any and if permitted, must be approved by Univest and/or Uniapps and/or Uniresearch as applicable before the posting of any advertising material, information, links, content, banners, and graphics on platform. UCTPL reserves the right to accept or to reject any advertising sponsor or any advertising for any reason.
18. License Disclaimer
Nothing on Univest shall be construed as conferring any license under any of UCTPL or any third party’s intellectual property rights, whether by estoppel, implication, or otherwise.
19. Local Governing Laws
UCTPL controls and operates this platform from its headquarters in Gurugram – Haryana, India and makes no representation that the materials on the platform are appropriate or available for use outside India. If you use this platform/site from other locations, you are responsible for compliance with applicable local laws including but not limited to the export and import regulations of other countries. Unless otherwise explicitly stated, all marketing or promotional materials found on this platform are solely directed to individuals, companies or other entities located in India and comply with the laws prevailing for the time being in force in India. Disputes if any shall be subject to arbitration proceedings. UCTPL shall appoint the sole arbitrator. The venue and seat of the arbitration proceedings shall be at Gurugram. The language of arbitration proceedings shall be English.
Uniapps and Uniresearch is a SEBI registered Investment Advisor and research analyst respectively and any Services by Uniapps and Uniresearch shall be governed according to SEBI (Investment Advisers) Regulations 2013 and allied rules and SEBI Research Analyst Regulations 2014 respectively as applicable.
20. Links
The Platform/Site or third parties may provide links to other World Wide Web sites or resources. Because UCTPL has no control over such sites and resources, you acknowledge and agree that UCTPL is not responsible for the availability of such external sites or resources, and does not endorse and is not responsible or liable for any content, advertising, products or other materials on or available from such sites or resources. You further acknowledge and agree that UCTPL shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such content, goods or services available on or through any such site or resource.
TradingView Chart
Univest has partnered with TradingView for its charting technology. A global trading and investing platform offering social tools, heatmaps and a real time economic calendar to track key financial events.
21. Intellectual Property Right
- The platform is a property of UCTPL. The trademarks, logos, tag lines, slogans, icons, service marks, and designs are the property of UCTPL. This platform/site also uses the trade name, trademarks, logos, etc. of its business partners and associates. These business partners and associates have their respective rights on their trade name, trademarks, logos etc. The graphics, texts, images, style and designs are subject to intellectual property rights. Any kind of inappropriate use, including but not limited to the reproduction, distribution, display or transmission of any content on this site is strictly prohibited unless specifically authorized in writing by Univest.
ii. The Platform and all information, content, materials, products including, but not limited to text, content, photographs, graphics, texts, video and audio content and computer code (“Content”) on the Platform is owned and controlled by the Company and/or Uniapps and/or Uniresearch as applicable and the design, structure, selection and feel and arrangement of the Content is protected by copyright, patent and trademark laws and other various intellectual property rights either in the favour of the Company, or third parties from whom the appropriate permissions have been taken under applicable laws. The trademarks, logos and service marks displayed on the Platform (“Marks”) are the property of the Company or other respective third parties, as the case may be.
iii. You are not permitted to use the Marks without the express prior written consent of the Company or the third party that owns the Marks.
iv. Further, You understand and accept that all information, except Your personal information and other data submitted by You for the purposes of transacting on the Platform, through the Platform shall be deemed the property of the Company, and the Company and/or Uniapps and/or Uniresearch shall be free to use any ideas, concepts, know-how or techniques provided by You on the Platform, in any manner whatsoever. On initiating a contact or query through the Platform, You agree to be contacted by the Company or Uniapps or any other entities with whom the Company has entered into an arrangement for the provisions of Services to You.
22. Payment
We strongly recommend making subscription payment through Univest mobile application “platform” and in case of failure of payment through platform; payment can be made through permitted mode as notified by Univest. We neither ask to make payment in an individual bank account nor in any third party bank account. For the purpose of collecting online payments, the platform is integrated with multiple payment gateways based on the requirements of different business verticals at the platform. In case of failure in payments, we shall not be held responsible for such failure. Univest shall reasonably help the User(s). However, in such a case, the liability will not be applicable on us or any of our affiliates/group companies. We do not make any representations regarding any other websites listed on the Platform which may be accessed through the Platform, and accordingly shall not be responsible for other contents or use of such websites/platforms.
Kindly be aware, take due precaution and don’t make any payment, if someone directly and/or on behalf of Univest ask and approach you to make any payment w.r.t service provided/to be provided on behalf of Univest, in his/her/their individual and/or third party bank account. Univest never ask for such payment and will not be held liable for any claim/losses (known/unknown) occurred on account of such incidence(s).
If you have opted for a Pro subscription plan with auto renewal, you can cancel (opt-out) the auto-renewal for your Pro subscription anytime through the Pro Transactions page on the Univest app. Simply navigate to the Pro page from my profile section, go to the transaction history, select your active plan, click on manage renewal, and cancel the Auto-Renewal option. Your subscription will remain active until the end of the current subscription period, after which it will not renew.
23. Our Social Handle
Facebook – https://www.facebook.com/Univest.in
Linkedin – https://www.linkedin.com/company/univest-in/
Instagram – https://www.instagram.com/univest.in/
Twitter – https://twitter.com/UnivestIN
Youtube – https://www.youtube.com/@Univest_In
Telegram – https://t.me/UnivestOfficial
Univest – whats app (having green tick)
We strongly recommend using the aforesaid social handles in order to interact and avail our services. In case of any update, we shall notify the same through permitted and authentic mode.
There is an apprehension that someone with mala-fide intent may reach and offer you unauthorized services in our name through other than aforesaid social handles, Univest disclaim all such offers and representation(s), and request you to take due precaution and report us about such incidence(s) in order to initiate an appropriate proceeding(s) against such person(s).
24. Cash Back
Univest including its group company (ies) is/are not involved in games, leagues, schemes, competitions etc which may involve distribution of prize monies, medals, gifts, etc. The payment gateway(s) integrated with platform may offer and facilitate the cash back for transaction(s) carried out using their respective payment gateway; Univest is not involved in any cash-back process and cannot be held liable for the same in any manner.
25. Suspension and Termination
- The Terms will continue to apply until terminated by either you or the Company as set forth below. If you object to the Terms or are dissatisfied with the Platform, your only recourse is to (i) close Your Account on the Platform; and/or (ii) stop accessing the Platform. In case you violate these Terms and/ or any applicable law, the Company may, at any time and in its sole discretion, terminate Your Account and/or prevent you from accessing the Platform and/or Platform Services.
ii. The Company may delist you or block your future access to the Platform or suspend or terminate your Account if it believes, in its sole and absolute discretion that you have infringed, breached, violated, abused, or unethically manipulated or exploited any term of these Terms or anyway otherwise acted unethically. Notwithstanding anything in this clause, these Terms will survive indefinitely unless and until the Company chooses to terminate them. If you or the Company terminate your use of the Platform, the Company may delete any Content or other materials relating to Your and the Company shall have no liability to you or any third party for doing so. However, your transactions details may be preserved by the Company for purposes of tax or regulatory compliance.
iii. The Company, in consultation with its group, associates and subsidiary companies may modify these terms at any time.
26. General Provisions
- Notice: All notices from the Company will be served by email to your registered email address or by general notification on the Platform or by permitted mode. Any notice provided to the Company pursuant to the Terms should be sent to hello@univest.in with subject line – Attention: TERMS
ii. Assignment: You cannot assign or otherwise transfer the Terms, or any rights granted hereunder to any third Party. The Company’s rights under the Terms are freely transferable by the Company to any third party without the requirement of seeking your consent.
iii. Severability: If, for any reason, a court of competent jurisdiction finds any provision of the Terms, or any portion thereof, to be unenforceable, that provision shall be enforced to the maximum extent permissible so as to give effect to the intent of the parties as reflected by that provision, and the remainder of the Terms shall continue in full force and effect.
iv. Waiver: Any failure by the Company to enforce or exercise any provision of the Terms, or any related right, shall not constitute a waiver by the Company of that provision or right.
v. IP Infringement: If you believe the Platform violates your intellectual property, you must promptly notify the Company in writing at support@univest.in .These notifications should only be submitted by the owner of the intellectual property or an agent authorized to act on his/her behalf. However, any false claim by you may result in the termination of your access to the Platform. You are required to provide the following details in your notice:
a) The intellectual property that you believe is being infringed;
b) the item that you think is infringing and include sufficient information about where the material is located on the Platform;
c) a statement that you believe in good faith that the item you have identified as infringing is not authorized by the intellectual property owner, its agent, or the law to be used in connection with the Platform;
d) Your contact details, such as your address, telephone number, and/or email;
e) a statement that the information you provided in your notice is accurate, and that You are the intellectual property owner or an agent authorized to act on behalf of the intellectual property owner whose intellectual property is being infringed; and
f) Your physical or electronic signature.
vi. Headings are for reference purposes only and do not limit the scope or extent of such section. This Terms of Use and the relationship between you and Univest and/or its affiliates, subsidiary, group company, associates, parent company will be governed by the laws of the India without regard to its conflict of law provisions. You and Univest agree to submit to sole arbitrator appointed by Univest with respect to any legal proceedings that may arise in connection with this Terms of Use. The failure of Univest to act with respect to a breach by you or others does not waive its right to act with respect to subsequent or similar breaches. Univest does not guarantee it will take action against all breaches of this Terms of Use.
vii. Except as provided in this Terms of Use, there shall be no third-party beneficiaries to this Terms of Use. This Terms of Use constitutes the entire agreement between you and UCTPL and governs your use of platform, superseding any prior agreements between you and UCTPL with respect to Univest. Please feel free to contact us at support@univest.in regarding any questions on the Terms.