Information about us and the Tyke platform
The Website is owned and operated by Tyke Technologies Private Limited (“we/us/our”). We have been incorporated under the Companies Act, 2013 under CIN U74999MH2021PTC353592 having its registered office at FLOOR 5TH, 3A JAYHIND ESTATE, DR ATMARAM MERCHANT ROAD, BHULESHWAR, KALBADEVI, MUMBAI 400002.
The Tyke platform enables early-stage ventures to display their business ideas and run a fundraising campaign on the Website, and facilitates potential investors to decide regarding investing in such ventures. The Website also provides the early-stage ventures and the potential investors with such other information and service as are necessary or incidental to the principal activity described here.
Access to the Website
Registration and Membership
Password to the Website
Upon completion of your registration to the Website, and upon reasonable satisfaction of our understanding of your engagement with us, an OTP to the email ID specified by you shall be provided. That OTP confirmation will allow you to participate in the fundraising campaign in which you have evinced your interest.
You agree not to provide your username and password information to any other person other than with us.
You agree to keep your password secure. You are fully responsible for any loss or damage resulting from your failure to protect your password. You agree to immediately notify us of any unauthorized use of your password or any other breach of the security.
You agree that we shall not be liable for any loss or damage arising out of our failure to keep your password secure.
Representations and Warranties of Users
You represent that all the information provided by you is true, correct, and accurate and you shall inform us of any change/ amendment in such information from time to time.
You shall not host, display, upload, modify, publish, transmit, update or share any information that: (i) belongs to another person and to which you do not have any right to; (ii) is grossly harmful, harassing, libellous, invasive of another’s privacy, hateful or racially, ethnically objectionable, disparaging, relating or encouraging money laundering or gambling, otherwise unlawful in any manner whatsoever; (iii) harms minors in any way; (iv) infringes any patent trademark, copyright or other proprietary rights; (v) violates any law for the time being in force; (vi) deceives or misleads the addressee about the origin of such messages or communicates any information which is grossly offensive or menacing in nature; (vii) impersonates another person; (viii) threatens the unity, integrity, defence, security or sovereignty of India, friendly relations with friendly states, or public order or causes incitement to the commission of any cognisable offence or prevents investigation of any offence or is insulting any other nation.
You agree and understand that you shall not sell your access to the Website. You shall not transmit any unnecessary information or unwanted electronic communication viz. spam to other members of the Tyke platform. You will not misuse your right to the Website by introducing viruses, trojans, worms, or other material likely to cause harm to the Website and shall indemnify and keep us indemnified in case any action is initiated against us due to any loss, injury, expenses or liability caused to any other user of the Website or any third-party. You shall further not gain any unauthorized access to the Website or on any other source to our Website.
Our rights in relation to the Website
We have the right to discontinue or change our Services at any time and shall not be liable for the same.
We shall delete your account or cancel access to the Website for any reason whatsoever, at any time at our discretion. We shall also suspend or limit your access to the Website as and when may be considered necessary. For the aforesaid, we shall make all reasonable efforts to notify you and inform you of such an action and the reasons thereof, in any.
With reference to Clauses 6.1, 6.2 and 6.3, you agree and understand that we shall not be liable for any claim based on any termination, suspension or any of the aforesaid actions taken by us in relation to your access to the Website.
We may invite you to participate in the chat rooms or other features that will give you an opportunity to know about the Tyke platform, the companies and the fundraising campaigns of such companies. The comments or other information provided by you on such chat rooms shall be deemed to have been licensed to us on a free and permanent basis.
Intellectual Property Rights
When you visit our Website, we give you a limited license to access and use our information for personal use.
You are permitted to download the information available on the Website to any instrument for your personal use only provided that you do not delete or change any copyright symbol, trademark or other proprietary details. You shall not use our information for any other purpose other than for the aforesaid. You agree that any use of the proprietary information displayed on the Website shall infringe our intellectual property rights for which you shall indemnify us.
We have copyright on all the contents displayed on the Website including graphics, logo, sound recordings and software that is either owned or licensed to us other than any third-party contents which are specifically identified as such. Any infringement of our intellectual property rights shall be governed by the applicable law in India.
The license to access and use the Website does not include the right to copy or reproduce the information of our Website on any other platform or medium, without our prior written permission.
Except where otherwise specified, any word, logo or device to which is attached the symbols ™ or ® shall be considered as a registered trademark that is either owned by us or which we have a license to use. The right to use the Website does not give a license to use those trademarks in any way.
You may be able to access and view third-party websites through this Website. The links are provided for your convenience only and may not be updated at all times.
We do not endorse, review, control or examine third-party websites and we are not responsible for any content posted on such third-party websites. You understand that the inclusion of links on the Website is not intended as an endorsement or recommendation of any linked website or content of such website.
Disclaimers and Limitation of Liability
You agree and understand that the use of the Website is at your own risk. The Website is being made available to you on an “as is” and “as available” basis without providing any warranties, guarantees or conditions as to the usage being free from any faults, defects, interruptions, errors, viruses or to the accuracy, reliability, availability of content. You agree and understand that we shall not be responsible for any interference or damage that may be caused to your computer resource which arises in connection with your access to our Website.
You also agree and understand that the information displayed on the Website is for information purposes only and does not amount to any advice.
To the extent permitted by applicable law, we disclaim our liability against any loss, damage, expenses, liabilities, claim, injury caused due to the failure of performance, omission, defect, deletion, interruption, error, delay, virus, communication, unauthorized access, theft, destruction, alteration or use of records, whether due to breach of the contract, negligence, tort or due to other cause of actions.
Further, we shall not be responsible for any loss of profits, goodwill, revenue, consequential, exemplary, punitive damages or any financial or indirect loss.
You further acknowledge and agree that we shall not be responsible for any defamatory, offensive or illegal conduct of third parties on our Website, including users and operators of third-party websites. Further, we shall not be responsible or be held liable for any inaccuracy, delay, omission or defect, transmission or delivery of any third-party data or any loss or damage arising from: (i) any inaccuracy, error, delay or omission of transmission of information; (ii) non-performance by any third-party; or (iii) interruption caused due to any third-party due to their negligent act or omission any other cause, not beyond the reasonable control of us.
Governing Law and Dispute Resolution
What is Power of Attorney (POA)?
Power of Attorney Act 1882, power of attorney includes any instrument empowering a specified person to act for and in the name of the person executing it.
POA is very well known as Power of Attorney or Power of Authority which is the authority to act for another person in specified or all legal or financial matters. The one who gives an authority to some trustable person is known as a principal or a donor. There are various situations in one's life where an individual possessing properties, bank accounts, etc. may not be in a position to perform his duties due to reasons like being abroad, physically ill, old in age etc. In such situations, if the transaction requires the presence of the individual who is not able to be present personally, then the only way out is to give the powers to act on behalf of the individual to another person. This is when a Power of Attorney deed is to be created.
Any transaction in securities that companies may offer or conclude with any other member of the platform shall be offered, issued, allotted or transferred in strict compliance of all applicable laws including but not limited to private placement rules under applicable securities laws.
Our platform has an internal mechanism to restrict the number of Investors that view the detailed profile to 200 by default thereby making it compliant with the applicable laws. However, it shall be the company's responsibility to comply with the provisions of applicable laws including the Companies Act, 2013 and the private placement rules thereunder.
Nothing on this website is intended to constitute (i) an offer, or solicitation of an offer, to purchase or sell any security, other asset or service, (ii) investment advice or an offer to provide such advice, or (iii) a basis for making any investment decision. Except as expressly stated by Tyke's entity in writing, neither this website nor any of the materials make any effort to present a comprehensive or balanced description of Tyke or its investment activities.
Non-Exclusive Remedies The rights and remedies herein provided are cumulative and none is exclusive of any other, or of any rights or remedies that any of us may otherwise have at law or in equity. The rights and remedies of any of us based upon, arising out of or otherwise in respect of any inaccuracy or breach of any representation, warranty, covenant or agreement or failure to fulfill any condition shall in no way be limited by the fact that the act, omission, occurrence or another state of facts upon which any claim of any such inaccuracy or breach is based may also be the subject matter of any other representation, warranty, covenant or agreement as to which there is no inaccuracy or breach.