Terms of Use

Introduction

Welcome to Simplify Money, an initiative of Turvas Technology Solutions Private Limited (“Simplify Money,” “we,” “us,” “our,” or “Company”). These Terms of Use (“Terms,” “Agreement”) govern your access to and use of our mobile application and services (collectively, the “Platform”). By downloading, installing, or using the Platform, you (“you,” “your,” “User,” which includes members of your family sub-accounts) agree to be bound by these Terms. If you have any questions about these Terms, please contact us at support@simplifymoney.in before using the Platform.

THIS PLATFORM TERMS OF SERVICE IS COMPLIANT WITH RULE 3(1) OF THE INFORMATION TECHNOLOGY (INTERMEDIARIES GUIDELINES) RULES, 2011 WHICH REQUIRES PUBLISHING THE RULES AND REGULATIONS, PRIVACY POLICY, AND TERMS OF USE FOR ACCESS OR USAGE OF THE PLATFORM. PLEASE READ THESE TERMS CAREFULLY BEFORE USING THE PLATFORM. BY ACCEPTING THESE TERMS OR BY USING THE PLATFORM, YOU AGREE THAT YOU HAVE READ, UNDERSTOOD, AND ACCEPTED THE TERMS AND CONDITIONS CONTAINED HEREIN. IF YOU DO NOT AGREE WITH ANY PART OF THESE TERMS, PLEASE DO NOT USE THE PLATFORM.

Definitions

In these Terms, the following words shall have the following meanings:

  • “Applicable Laws”: Any Indian statutes, laws, ordinances, regulations, rules, orders, by-laws, administrative interpretations, writs, injunctions, directives, judgments, or decrees which are in force in India from time to time.
  • “Business Day”: Any day that is not a Saturday, Sunday, or any public or gazetted holiday as declared by the Government of India.
  • “Confidential Data”: Information related to the User shared with Simplify Money or submitted on the Platform, including proprietary information related to Simplify Money.
  • “Regulation(s)”: The Securities and Exchange Board of India (Investment Advisers) Regulations, 2013, and any amendments, notifications, or circulars issued pursuant thereto.

The Platform And Services

Simplify Money, through its Platform, allows you to build customized financial plans based on the information you provide, including but not limited data retrieved from external sources and market data projections. We use advanced technology to guide you, providing financial planning and monitoring tools and personal finance content (“Services”). The Platform and Services are for individual end-users and not for commercial purposes.

Terms of Use-SM

You are responsible for obtaining access to the mobile application, and that access may involve third-party fees (such as Internet service provider or airtime charges). In addition, you must provide and are responsible for all equipment necessary to access the mobile application. By making use of this mobile application, and furnishing your personal / contact details, you hereby agree that you are interested in availing and purchasing the Service(s) that you have selected. You hereby agree that Simplify Money may contact you either electronically or through phone, to understand your interest in the selected products and Service(s) to fulfill your demand. You also agree that Simplify Money reserves the right to make your details available to its affiliates and partners and you may be contacted by the affiliates and partners for information and for sales through email, telephone and/or SMS. You agree to receive promotional materials and/or special offers from Simplify Money through email or SMS.

General Terms And Conditions For The Use Of The Platform

Access and Use Rights

Subject to your compliance with these Terms, Simplify Money grants you a personal, limited, non-exclusive, revocable, non-transferable, and non-sublicensable license to access and use the Platform and Services. This license is strictly in accordance with these Terms.

You expressly agree not to:

  1. Modify, create derivative works, copy, distribute, or publicly display any part of the Platform.
  2. Reverse engineer, decompile, or disassemble any part of the Platform.
  3. Use the Platform for any service that competes with us.
  4. Engage in unauthorized access or use of the Platform.
  5. Use the Platform in any manner that could damage, disable, overburden, or impair our servers or networks.
  6. Employ any automated system (e.g., scraper, bots, robots, or data mining codes) to access, monitor, or copy any part of the Platform or its data.
  7. Attempt to access any data, material, or information that has not been deliberately made public by Simplify Money.
  8. Engage in any activity that imposes an unreasonable or disproportionately large load on the Platform or Simplify Money’s infrastructure.
  9. Violate any local, state, national, or international law.

Proprietary Rights and Intellectual Property

You acknowledge that the Platform, including its content, features, and functionality, is owned by Simplify Money and its licensors and is protected by copyright, trademark, and other intellectual property laws. You agree not to use the proprietary content other than as permitted by these terms.

Privacy policy

Simplify Money’s Privacy Policy describes how we handle the personal information you provide or collect when you use the Platform. By using the Platform, you consent to the collection and use of your information as outlined in the Privacy Policy. Terms of Use-SM

Eligibility

To use the Platform, you must:
  1. Be at least 8 years old.
  2. Not be a competitor of Simplify Money or use the Platform for competitive purposes.
  3. Have full authority to enter into and comply with these Terms.
  4. Provide accurate and up-to-date information.
  5. Comply with all applicable laws.

Access rights and restrictions

You can access the Platform via our mobile application available on the Google Play Store and Apple App Store, or via our website at (https://simplifymoney.in). Simplify Money reserves the right to terminate or suspend your access if you violate any provision of these Terms or the Privacy Policy.

User Commitments

You agree and acknowledge that:
  1. You will comply with all applicable laws.
  2. You are using the Platform and Services at your own risk.
  3. You will provide accurate information and update it as necessary.
  4. You will maintain the confidentiality of your account information.
  5. You will not engage in activities deemed abusive, fraudulent, or harmful.

Transaction processing

Your transactions on the Platform are subject to the terms and conditions of the respective financial products and services. Simplify Money is not responsible for any errors or delays in processing transactions due to circumstances beyond its control.

Service Fees

Simplify Money offers both free and paid subscription options for the Services on the Platform. The fees for the Personal Financial Advisory Services and other Services will be communicated to you and may be modified from time to time.

Confidentiality

Simplify Money will maintain the confidentiality of your information as per the Privacy Policy. We may share your information with third parties as required to provide the Services, and such third parties are contractually obligated to protect your information.

Responsibility for claims

You agree to indemnify and hold Simplify Money and its affiliates, officers, employees, and agents harmless from any claims, losses, damages, liabilities, including legal fees, arising out of your use of the Platform, your violation of these Terms, or your violation of any rights of another.

Disclaimer and disclosures

The Platform and Services are provided on an “AS IS” and “AS AVAILABLE” basis. Simplify Money disclaims all warranties, express or implied, including warranties of merchantability, fitness for a particular purpose, and non-infringement. Investment decisions made using the Platform are at your own risk.

Restrictions on liability

In no event will Simplify Money be liable for any indirect, punitive, incidental, special, consequential, or exemplary damages, or for any damages for loss of use, data, or profits, arising out of or in connection with the Platform or these Terms, even if Simplify Money has been advised of the possibility of such damages.

Termination

Simplify Money reserves the right to terminate or suspend your access to the Platform at any time for any reason, with or without notice. You may terminate your account by providing fifteen (15) days written notice to Simplify Money.

Violation of copyright

If you believe that any content on the Platform infringes your copyright, you must provide Simplify Money with a written notification that includes specific information outlining the following:

  1. Your identification and contact details (address, phone number, email).
  2. A description of the copyrighted work you claim is infringed.
  3. A description of the infringing material on the platform and its location.
  4. Statements confirming your good faith belief of infringement and the accuracy of the information provided.

Assignment

You may not assign these Terms or any rights or obligations hereunder without Simplify Money’s prior written consent. Any unauthorized assignment will be null and void.

Notices

Simplify Money may send notices to you via email or through the Platform. By providing your email address, you consent to receiving such notices. You can opt out of receiving promotional communications through your account settings.

Modifications

Simplify Money reserves the right to modify these Terms at any time. Any changes will be communicated to you via email or through the Platform. Your continued use of the Platform after such modifications will constitute your consent to the changes.

Nature of relationship

You and Simplify Money are independent contractors. These Terms do not create a partnership, joint venture, employment, or agency relationship between you and Simplify Money.

Trademarks and proprietary rights

The trademarks, logos, and service marks (“Marks”) displayed on the Platform are the property of Simplify Money, its parent company,, and other associated parties and service providers. Users are strictly prohibited from using any Marks for any purpose, including but not limited to, as metatags on other websites or web pages, without the express written consent of Simplify Money or the relevant third party owning the Marks. All information and content, including any software programs available on or through the Platform (“Content”), are protected by copyright. Users are prohibited from modifying, copying, distributing, transmitting, displaying, publishing, selling, licensing, creating derivative works, or using any Content available on or through the Platform for commercial or public purposes.

Continuation of terms post-termination

Notwithstanding any other provisions of these Terms, or any general legal principles to the contrary, any provision of these Terms that imposes or contemplates ongoing obligations on a party will remain in effect even after the expiration or termination of these Terms.

Governing law and dispute resolution

These Terms are governed by Indian law. Any disputes arising out of or in connection with these Terms will be resolved through mandatory binding arbitration under the Indian Arbitration and Conciliation Act, 1996, with the arbitration seat in Noida, Uttar Pradesh, India.

Miscellaneous

These Terms, along with the Privacy Policy, constitute the entire agreement between you and Simplify Money. If any provision of these Terms is found to be unenforceable, the remaining provisions will remain in full force and effect.

Grievance redressal

If you have any questions or complaints regarding these Terms or the Platform, please contact our grievance officer:

  • Email: support@simplifymoney.in
  • Address: A-130, A Block, Sector 63, Noida, Uttar Pradesh, 201301

We will acknowledge your complaint within 36 hours and will try to resolve it within reasonable time.