Effective Date: [1 June 2025] 

Last Updated: [1 June 2025] 

These Terms and Conditions (“Terms”) constitute a legally binding agreement between NIEUW Solutions Pvt Ltd, operating as Xuvian Ventures (“Xuvian,” “we,” “us,” or “our”), and the startup entity or individual (“User,” “Startup,” “you,” or “your”) accessing or using the Xuvian platform and services. 

IMPORTANT: The Xuvian platform operates as a secure, centralized information management system  where you maintain full control over your business data. Xuvian Ventures employees and team members do not have automatic access to your confidential information unless you explicitly grant such access. All information sharing occurs through platform-controlled mechanisms that you authorize and manage. 

1. ACCEPTANCE AND SCOPE OF TERMS 

1.1 Agreement to Terms 

By registering on, accessing, or using the Xuvian platform, you acknowledge that you have read, understood, and agree to be bound by these Terms. If you do not agree to these Terms, you must not access or use our services. 

1.2 Binding Nature 

These Terms create binding legal obligations between you and Xuvian. Your continued use of the platform constitutes ongoing acceptance of these Terms and any modifications thereof. 

1.3 Authority to Bind 

You represent and warrant that you have the legal authority to bind your startup entity to these Terms and that you are authorized to enter into this agreement on behalf of your organization. 

2. INFORMATION OBLIGATIONS AND CONTINUOUS ENGAGEMENT 

2.1 Mandatory Information Provision 

You agree to: 

• Provide complete, accurate, and truthful information during registration and throughout your use of the platform 

• Maintain comprehensive business profiles including but not limited to company overview, team details, financial projections, market analysis, product information, and funding status

• Upload all required documents as specified in the platform interface 

• Respond to information requests from Xuvian within 7 business days 

2.2 Continuous Information Updates 

You are obligated to: 

• Monthly Updates: Update key metrics, financial data, team changes, and business developments within the first 5 business days of each month 

• Quarterly Updates: Provide comprehensive business reviews including revised financial projections, market analysis updates, and strategic pivots within 10 business days of each quarter end 

• Real-time Updates: Immediately notify Xuvian of material changes including but not limited to: 

• Funding rounds or investment commitments 

• Key personnel changes (C-level executives, co-founders) 

• Significant partnerships or customer acquisitions 

• Legal or regulatory issues 

• Pivot in business model or market focus 

• Intellectual property developments 

2.3 Platform Engagement Requirements 

To maintain active status on the platform, you must: 

• Log into the platform at least twice per month 

• Complete platform assessments and evaluations as requested 

• Participate in educational modules and learning resources 

• Respond to investor inquiries within 48 hours 

• Maintain a minimum platform engagement score as determined by Xuvian 

2.4 Platform as Central Information Hub 

You agree to use the Xuvian platform as your primary centralized system for: 

• Single Source of Truth: Maintaining all business information in one organized, accessible location 

• Stakeholder Management: Managing relationships and information sharing with investors, advisors, and partners 

• Due Diligence Preparation: Organizing all materials required for investor due diligence processes 

• Progress Tracking: Monitoring and reporting business development across all key metrics 

• Document Management: Storing, organizing, and controlling access to all business documents and materials 

2.5 Information Accuracy and Verification 

• All information provided must be accurate, complete, and not misleading 

• You authorize Xuvian to verify information through third-party sources 

• False or misleading information may result in immediate account suspension or termination 

• You agree to provide supporting documentation for any claims made on the platform 

3. PLATFORM DATA MANAGEMENT AND CONTROLLED SHARING 

3.1 Platform-Based Information Storage 

You agree to maintain comprehensive and up-to-date information on the Xuvian platform, including but not limited to: 

• Business plans, pitch decks, and financial models 

• Company performance metrics and KPIs 

• Market research and competitive analysis 

• Team profiles and organizational charts 

• Product specifications and technical documentation 

• Customer testimonials and case studies 

3.2 Data Access and Control 

• Startup Control: You retain full control over who can access your information on the platform 

• Selective Sharing: You may choose to share specific information with selected investors, partners, or service providers through the platform 

• Employee Access Limitation: Xuvian Ventures employees and team members do not have automatic access to your confidential business information unless you explicitly grant such access 

• Platform Administration: Xuvian technical team may access data solely for platform maintenance, security, and technical support purposes 

3.3 Marketing and Promotional Usage Rights 

You grant Xuvian the right to use information available on the platform for marketing and promotional purposes, including: 

• Success Stories and Case Studies: Using your company name, logo, business description, and achievements in marketing materials, website content, and promotional campaigns 

• Testimonials and Reviews: Showcasing feedback and testimonials you provide on the platform 

• Statistical Representations: Including your company in aggregate statistics about platform users (e.g., “500+ startups have raised funding through our platform”) 

• Industry Examples: Using your business model or industry vertical as examples in educational content and presentations 

• Media and Publications: Featuring your startup in press releases, blog posts, social media content, and industry publications 

• Event Marketing: Highlighting your participation and success stories at conferences, investor events, and networking sessions 

• Platform Demonstrations: Using your profile (with sensitive information redacted) for platform demos and product presentations 

3.4 Marketing Consent and Control: 

• Default Authorization: By using the platform, you automatically grant Xuvian marketing usage rights as specified above 

• Opt-Out Process: You may opt out of marketing usage by providing written notice to legal@xuvian.com with 30 days’ advance notice 

• No Individual Notification: Xuvian is not required to provide advance notice for specific marketing campaigns or usage 

• Aggregate Statistics: Usage in anonymous aggregate statistics cannot be opted out as it doesn’t identify your startup specifically 

• Continued Usage Rights: Marketing materials created during your platform usage may continue to be used even after account termination unless specific removal is requested 

3.5 Data Retention and Analytics Rights 

Platform Analytics and Insights: 

• Usage Analytics: Xuvian may analyze platform usage patterns, user behavior, and engagement metrics 

• Business Intelligence: Aggregate data analysis for market insights, trend identification, and platform optimization 

• Predictive Analytics: Development of algorithms for investor matching, success prediction, and platform recommendations 

• Benchmarking Services: Creation of industry benchmarks and comparative analysis tools using anonymized data 

Data Retention Rights: 

• Operational Data: Platform retains operational data for service delivery and technical support 

• Historical Records: Maintenance of historical platform usage and interaction records 

• Legal Compliance: Data retention as required by applicable laws and regulations 

• Business Continuity: Backup and archival systems for platform resilience and disaster recovery 

Research and Development: 

• Platform Improvement: Using aggregated insights to enhance platform functionality and user experience 

• Market Research: Industry analysis and trend reporting using de-identified platform data 

• Academic Partnerships: Collaboration with research institutions using anonymized datasets 

• Publication Rights: Right to publish research findings and market insights derived from platform data 

3.6 Permitted Platform Uses 

• Investor Matching Algorithms: Automated matching with relevant investors based on your sharing preferences 

• Platform Analytics: Anonymized and aggregated data analysis for improving platform functionality 

• Benchmarking Tools: Providing you with industry benchmarks and comparative analysis 

• Assessment Frameworks: Automated evaluation and rating systems 

• Communication Facilitation: Enabling secure communication between you and authorized parties 

3.7 Anonymized Data Usage and Platform Enhancement 

Xuvian reserves the right to use anonymized and aggregated data derived from platform usage for: 

• Platform Strengthening: Using anonymized startup data, including details entered in response to platform questions, assessments, and forms, to improve platform algorithms, features, and functionality 

• Industry benchmarking and research publications 

• Platform optimization and feature development 

• Market analysis and trend reporting

• Academic research partnerships 

Important Clarifications: 

• Anonymization Guarantee: All data used for platform enhancement will be completely anonymized with no identifying information. 

• Limited Purpose: Anonymized data will be used solely for platform improvement and strengthening – not for any other purpose or shared with any third party 

• No External Sharing: Anonymized data will not be shared with external parties unless you explicitly authorize such sharing through the platform 

• Platform Enhancement Only: Data usage is restricted to improving Xuvian’s platform capabilities, user experience, and service delivery 

• Your Control: You retain full control over sharing any identifiable information with third parties through platform features (with no identifiable information) 

4. PLATFORM-MEDIATED SERVICE DELIVERY AND INTEGRATION 

4.1 Platform-Centric Service Model 

You acknowledge that: 

• All Xuvian services are delivered through the platform interface 

• Information sharing with third parties occurs only through platform-controlled mechanisms 

• You maintain authority over information disclosure and access permissions 

• The platform serves as a secure intermediary for all business communications and data sharing 

4.2 Mandatory Integration and Automated Data Updates 

You agree to: 

System Integration: Allow Xuvian to integrate with your existing business tools, software, and platforms for automatic data synchronization 

• API Access: Provide necessary API keys and access credentials for supported platforms including but not limited to: 

• Accounting software (QuickBooks, Tally, Zoho Books) 

• CRM systems (Salesforce, HubSpot, Pipedrive) 

• HR management tools (BambooHR, Workday) 

• Project management platforms (Slack, Asana, Monday.com) 

• Financial management tools (Razorpay, banking APIs) 

• Automatic Updates: Enable automatic data feeds where technically feasible to ensure real-time information accuracy 

4.3 Technology Compliance 

• You must maintain compatible systems and software versions as specified by Xuvian 

• Technical integration requirements will be communicated with reasonable advance notice 

• Failure to maintain integration capabilities may result in service limitations 

5. PLATFORM-BASED INVESTOR RELATIONS AND COMMUNICATION 

5.1 Centralized Investor Communication Hub 

You agree to use the Xuvian platform as your primary hub for: 

• Maintaining updated investor profiles and contact information. 

• Publishing monthly investor updates and progress reports 

• Sharing board meeting materials and investor presentations 

• Managing investor inquiries and communication requests 

• Tracking investor engagement and interest levels 

5.2 Controlled Information Sharing 

• Selective Disclosure: You control which investors can access specific information sets on the platform 

• Permission-Based Access: Investors must request access to your information, which you can approve or deny

• Tiered Information Access: You may provide different levels of information access to different investor categories 

• Communication Facilitation: The platform facilitates secure communication while maintaining your control over information flow 

5.3 Investor Network Participation 

• You agree to participate in platform-facilitated investor events, demo days, and networking sessions 

• The platform may suggest relevant investors based on your profile and preferences 

• You retain the right to accept or decline investor meeting requests through the platform 

6. FUTURE PLATFORM SERVICES AND EXPANSION 

6.1 Potential Service Development and Platform Evolution 

You acknowledge that Xuvian may, at its sole discretion and without any obligation or timeline commitment, develop and potentially offer enhanced platform capabilities, which could include but are not limited to: 

Financial and Investment Services: 

• Cap table management and equity tracking systems 

• ESOP administration and employee stock option tools 

• Investment portfolio management and tracking 

• Financial planning and modelling software 

• Tax compliance and reporting tools 

• Accounting and bookkeeping integrations 

Business Operations Services: 

• Legal document management and compliance tracking 

• HR management and employee lifecycle tools 

• Customer relationship management (CRM) systems 

• Project management and workflow automation 

• Supply chain and vendor management platforms 

• Business intelligence and analytics dashboards 

Regulatory and Compliance Services: 

• Corporate governance and board management tools 

• Regulatory filing and compliance monitoring 

• Intellectual property management systems 

• Contract lifecycle management platforms 

• Risk assessment and management tools 

• Audit trail and documentation systems 

Market and Growth Services: 

• Marketing automation and customer acquisition tools 

• Sales pipeline management and forecasting 

• Market research and competitive intelligence platforms 

• Partnership and collaboration management systems 

• E-commerce and digital marketplace integrations 

Business development and networking tools 

Technology and Infrastructure Services: 

• API integrations and third-party service connections 

• Data analytics and business intelligence tools 

• Cloud infrastructure and security services 

• Mobile applications and accessibility tools 

• Al-powered business optimization recommendations 

• Custom software development and implementation 

6.2 No Service Guarantees or Commitments 

Important Disclaimers: 

• No Obligation: Xuvian has no obligation to develop, launch, or maintain any future services 

• No Timeline: No commitments regarding timing, availability, or implementation schedule for any potential services 

• No Guarantee: Services mentioned may never be developed, may be discontinued, or may differ significantly from descriptions 

• Market Conditions: Service development depends on market demand, technical feasibility, regulatory environment, and business priorities 

• Commercial Viability: Services will only be developed if commercially viable and strategically aligned with Xuvian’s business objectives 

6.3 Preparatory Data Collection and Platform Readiness 

In anticipation of potential future services, you agree to maintain comprehensive business information on the platform, including but not limited to: 

• Financial Records: Complete financial statements, cash flow projections, and funding documentation 

• Operational Data: Business processes, organizational charts, and operational metrics 

• Legal Documentation: Corporate structure, compliance records, and contractual agreements 

• Strategic Information: Business plans, market analysis, and competitive positioning 

• Performance Metrics: KPIs, growth indicators, and operational benchmarks 

6.4 Future Service Rights and User Obligations 

If and when new services are developed: 

• Priority Consideration: Existing platform users may receive priority access to new services (subject to eligibility criteria) 

• Data Integration: Information stored on the platform may be utilized for new service delivery 

• Additional Terms: New services will be subject to separate terms and conditions in addition to these foundational Terms 

• Service Migration: You may be required to migrate to new service modules to maintain certain platform functionalities 

• Compatibility Requirements: You agree to maintain systems and processes compatible with potential new service integrations 

6.5 Platform Evolution and User Adaptation 

• Service Discontinuation: Xuvian reserves the right to discontinue existing services with reasonable notice 

• Feature Modifications: Platform features and functionality may be modified, enhanced, or replaced 

• User Adaptation: You agree to adapt business processes to accommodate platform evolution 

• Training and Support: Xuvian may provide training and support for new services (potentially at additional cost) 

7. INVESTOR FUND USAGE COMPLIANCE AND RESTRICTIONS 

7.1 Mandatory Fund Usage Compliance 

You hereby agree and warrant that all funding raised through the Xuvian platform or through investor connections facilitated by Xuvian will be used strictly for legitimate business purposes as outlined in your business plan, investor presentations, and funding proposals. 

7.2 Prohibited Uses of Investor Funds 

Strictly Prohibited: You shall not use any investor funds for: 

Personal Expenses and Benefits: 

• Personal salaries, bonuses, or compensation beyond reasonable market rates for founders and key personnel 

• Personal lifestyle expenses, luxury goods, or non-business related purchases 

• Personal real estate, vehicles, or other assets not directly related to business operations 

• Personal travel, entertainment, or hospitality expenses 

• Family member compensation for non-business activities 

• Personal debt payments or financial obligations unrelated to the business 

Non-Business Related Expenditures: 

• Political donations or contributions to political campaigns 

• Religious or charitable donations (unless specifically approved by investors and related to business objectives) 

• Speculative investments unrelated to core business activities 

• Excessive office amenities or luxury business facilities beyond reasonable business needs 

• Entertainment and hospitality expenses that are not directly business-related 

• Legal expenses for personal matters unrelated to business operations 

Unauthorized Business Uses: 

• Business activities not disclosed to investors or outside approved business scope 

• Investments in other companies without specific investor approval 

• Loan extensions to founders, employees, or related parties 

• Guaranteeing personal debts or obligations of founders or employees 

• Business expenses that provide personal benefits to founders beyond reasonable business needs 

7.3 Fund Usage Monitoring and Reporting Obligations 

Transparency Requirements: 

• Monthly Financial Reports: Detailed breakdown of fund utilization with supporting documentation 

• Expense Categorization: Clear categorization of all expenses with business justification 

• Receipt Documentation: Maintain receipts and documentation for all expenditures above ₹5,000 

• Bank Statement Sharing: Provide access to business bank statements upon request from Xuvian or investors 

• Audit Cooperation: Full cooperation with financial audits requested by investors or Xuvian 

Reporting Standards: 

• Expense Approval: Major expenditures above 50,000 require prior disclosure and justification 

• Budget Variance: Explain any significant deviations from approved budget or business plan 

• Cash Flow Monitoring: Regular updates on cash position, burn rate, and runway projections 

• Investment Tracking: Detailed tracking of how funds are being deployed across business functions 

7.4 Compliance Verification and Enforcement 

Xuvian’s Rights: 

• Documentation Review: Right to review financial records and fund usage documentation 

• Investor Notification: Authority to notify investors of suspected fund misuse 

• Platform Suspension: Suspend platform services for verified fund misuse 

• Legal Action: Pursue legal remedies for material violations of fund usage restrictions 

• Success Fee Adjustment: Modify or increase success fees for compliance violations. 

Consequences of Violation: 

• Immediate Disclosure: Mandatory disclosure to all investors within 48 hours 

• Corrective Action: Required corrective measures and reimbursement of misused funds. 

• Platform Termination: Permanent removal from platform for serious violations 

• Legal Liability: Personal liability of founders for unauthorized fund usage 

• Credit Rating Impact: Negative credit reporting and industry reputation consequences 

7.5 Fund Usage Best Practices and Guidelines 

Recommended Practices: 

• Segregated Accounts: Maintain separate business and personal bank accounts 

• Expense Policies: Implement formal expense approval and reimbursement policies 

• Board Oversight: Regular board review of financial performance and fund utilization 

• Professional Management: Engage qualified financial management for fund oversight 

• Investor Communication: Proactive communication with investors about fund usage and business progress 

7.6 Additional Investor Fund Compliance Measures 

Enhanced Monitoring and Reporting: 

• Quarterly Financial Audits: Mandatory quarterly financial reviews by qualified chartered accountants for startups raising above 50 lakhs 

• Expense Pre-approval: Expenditures above 1 lakh require prior notification to Xuvian and lead investors 

• Real-time Banking Integration: Mandatory integration of business bank accounts with platform for real-time expense monitoring 

• Founder Salary Caps: Founder salaries cannot exceed 2x the median salary of similar roles in comparable companies without board approval 

• Investment Committee Approval: Major strategic expenditures require investment committee or board approval as per governance terms 

Personal Guarantee and Liability: 

• Joint and Several Liability: All founders are jointly and severally liable for fund misuse 

• Personal Asset Security: Founders may be required to provide personal guarantees for proper fund utilization 

• Clawback Provisions: Xuvian reserves the right to pursue clawback of success fees in case of fund misuse 

• Criminal Liability: Fund misuse may result in criminal charges under applicable Indian laws including IPC and Prevention of Corruption Act 

7.7 Corporate Governance and Compliance Standards 

Mandatory Governance Framework: 

• Board Composition: Maintain proper board composition with independent directors as per Companies Act 2013 

• Regular Board Meetings: Quarterly board meetings with proper documentation and minutes 

• Audit Committee: Establish audit committee for companies raising above 2 crores 

• Whistleblower Policy: Implement whistleblower policy for reporting governance violations 

• Related Party Transactions: All related party transactions require prior board approval and disclosure 

• Regulatory and Legal Compliance: 

• Annual Compliance Certification: Annual certification of compliance with all applicable laws 

• Statutory Auditor Appointment: Appointment of qualified statutory auditors and timely filing of returns 

• Tax Compliance: Timely payment of all direct and indirect taxes including TDS, GST, and income tax 

• Labor Law Compliance: Full compliance with labor laws, PF, ESI, and employee welfare regulations 

• Environmental Clearances: Obtain necessary environmental and regulatory clearances where applicable 

7.8 Performance and Milestone Monitoring 

Mandatory Performance Reporting: 

• Monthly Metrics Dashboard: Real-time dashboard showing key business metrics and performance indicators 

• Milestone Achievement Tracking: Quarterly assessment of milestone achievement as committed to investors 

• Variance Analysis: Detailed explanation for any variance from approved business plan or projections 

• Customer Acquisition Reporting: Monthly reporting on customer acquisition cost, lifetime value, and retention metrics 

• Revenue Recognition Compliance: Proper revenue recognition as per applicable accounting standards 

Consequences of Performance Failure: 

• Corrective Action Plans: Mandatory corrective action plans for consistent underperformance 

• Enhanced Monitoring: Increased reporting frequency and oversight for underperforming startups 

• Investor Escalation: Automatic escalation to investors for material performance deviations 

• Platform Restrictions: Limitation of platform features and investor access for non-compliance 

• Success Fee Adjustment: Higher success fees may apply for companies requiring enhanced monitoring 

7.9 Intellectual Property and Confidentiality Obligations 

IP Protection and Management: 

• IP Audit and Documentation: Comprehensive audit and documentation of all intellectual property assets 

• Employee IP Assignments: Proper IP assignment agreements with all employees and contractors 

• Third-party IP Compliance: Ensure no infringement of third-party intellectual property rights 

• Trade Secret Protection: Implement robust trade secret and confidential information protection measures 

• Patent and Trademark Filings: Timely filing of patent and trademark applications where applicable 

Confidentiality and Non-Disclosure: 

• Comprehensive NDAs: Execute proper non-disclosure agreements with all stakeholders 

• Information Security Policies: Implement and maintain robust information security policies and procedures 

• Data Protection Compliance: Full compliance with data protection laws and best practices 

• Employee Confidentiality: Ensure all employees execute confidentiality and non-compete agreements 

• Third-party Confidentiality: Maintain confidentiality of all third-party information accessed through platform 

7.10 Additional Safeguards for Xuvian’s Protection 

Platform Reputation and Brand Protection: 

• Public Relations Compliance: All public statements, press releases, and media interactions require prior Xuvian approval 

• Social Media Guidelines: Adherence to social media guidelines and brand representation standards 

• Industry Event Participation: Represent Xuvian appropriately at industry events and conferences 

• Reference and Testimonial Rights: Grant Xuvian perpetual rights to use company as reference and for testimonials 

• Co-marketing Obligations: Participate in co-marketing activities and case study development when requested 

Legal and Regulatory Risk Mitigation: 

• Legal Compliance Certification: Annual legal compliance certification by qualified legal counsel 

• Regulatory Risk Assessment: Quarterly assessment and reporting of regulatory risks and mitigation measures 

• Litigation Disclosure: Immediate disclosure of any legal proceedings, disputes, or regulatory actions. 

• Insurance Coverage: Maintain adequate insurance coverage including D&O, general liability, and cyber security insurance 

• Succession Planning: Develop and maintain proper succession planning for key personnel 

8. PLATFORM OBLIGATIONS AND USER RESPONSIBILITIES 

8.1 User Conduct and Platform Integrity 

You agree to: 

• Lawful Use: Use the platform only for lawful business purposes and in compliance with all applicable law 

• Accurate Information: Provide truthful, accurate, and complete information at all times 

• Account Security: Maintain the confidentiality and security of your account credentials 

• Prohibited Activities: Not engage in any activities that could harm the platform, other users, or Xuvian’s reputation 

• Compliance: Adhere to all platform policies, guidelines, and usage requirements 

8.2 Prohibited Conduct 

The following activities are strictly prohibited: 

• False Information: Providing misleading, inaccurate, or fraudulent business information 

• System Abuse: Attempting to circumvent platform security measures or access unauthorized areas 

• Intellectual Property Violation: Uploading content that infringes third-party intellectual property rights 

• Harmful Content: Sharing malicious software, viruses, or other harmful code 

• Competitive Intelligence: Using the platform to gather intelligence on competitors through false pretences 

• Spam and Abuse: Sending unsolicited communications or engaging in abusive behavior toward other users 

8.4 Restriction on Competitive Use and Unauthorised Replication

• Non-Engagement by Competitors: You may not access or use the Xuvian platform if you are, directly or indirectly, engaged in the development, operation, or management of a business, product, or service that is substantially similar to or competitive with Xuvian, unless expressly authorized in writing by Xuvian.

• Prohibition on Replication and Misuse of Proprietary Information: If you are engaged with Xuvian in any capacity—whether as a user, consultant, advisor, contractor, or employee—you agree not to reproduce, replicate, reverse-engineer, or otherwise use any part of the platform, including its proprietary technology, workflows, business logic, designs, or content, for any commercial or competitive purpose without the prior written consent of Xuvian.

• Enforcement and Remedies: Any breach of the above terms will be considered a material violation of these Terms & Conditions. Xuvian reserves the right to take any legal or equitable action it deems appropriate, including but not limited to suspension or termination of access, injunctive relief, and pursuit of damages or other remedies available under applicable law.

8.5 Platform Monitoring and Enforcement 

• Monitoring Rights: Xuvian reserves the right to monitor platform usage for compliance and security purposes 

• Content Review: Periodic review of user-generated content for policy compliance 

• Enforcement Actions: Right to suspend, restrict, or terminate accounts for policy violations 

• Reporting Mechanism: Users may report violations or suspicious activities through platform interfaces 

8.5 Consequences of Violation 

Violations may result in: 

• Warning notices and mandatory corrective action 

• Temporary suspension of platform access and services 

• Permanent account termination and loss of all platform benefits 

• Legal action for damages caused by violations 

• Regulatory reporting where required by law 

9. COMPLIANCE AND PERFORMANCE STANDARDS 

9.1 Minimum Performance Requirements 

To maintain good standing on the platform, you must: 

• Achieve minimum engagement scores as defined by Xuvian 

• Complete required assessments and evaluations within specified timeframes 

• Maintain a response rate of 90% or higher to platform communications 

• Participate in at least 75% of recommended activities and programs 

9.2 Consequences of Non-Compliance 

Non-compliance may result in: 

• Warning notices and remedial action requirements 

• Service limitations including restricted investor access 

• Account suspension for repeated violations 

• Account termination for material breaches 

• Financial penalties as specified in service agreements 

10. DATA OWNERSHIP AND INTELLECTUAL PROPERTY 

10.1 Data Ownership Structure 

• You retain ownership of your underlying business information 

• Xuvian obtains comprehensive usage rights as specified in these Terms 

• Enhanced data (analytics, insights, benchmarks) created by Xuvian remains our intellectual property 

10.2 Platform-Generated Content 

Reports, analyses, and insights generated by Xuvian algorithms become our intellectual property 

• You receive usage rights for business purposes but cannot redistribute without permission 

• Benchmark data and comparative analyses remain confidential to Xuvian 

11. FINANCIAL OBLIGATIONS AND SUCCESS FEES 

11.1 Service Fees 

• Platform usage fees as pers subscription availed via the platform 

• Additional charges for premium services and consultation as defined by Xuvian

• 3% Success fees on funding raised via Xuvian

11.2 Platform-Facilitated Success Fees 

• Payment due within 15 days of funding closure 

• Success fees apply regardless of subsequent offline relationship development between you and investors

12. PLATFORM SECURITY AND INFORMATION CONFIDENTIALITY 

12.1 Platform Security Obligations 

Xuvian commits to: 

• Maintaining industry-standard security measures for platform infrastructure 

• Implementing role-based access controls to protect your information 

• Ensuring that platform employees access your data only for authorized technical support purposes 

• Providing secure communication channels between you and authorized parties 

12.2 Startup Data Control 

• Access Management: You control who can view, download, or interact with your information on the platform 

• Permission Settings: Granular controls allow you to specify what information different parties can access 

• Activity Monitoring: Platform provides logs of who accessed your information and when 

• Revocation Rights: You can revoke access permissions at any time through platform controls 

12.3 Confidentiality Framework 

• Technical Safeguards: Industry-standard encryption and security protocols protect all platform data 

• Compliance Standards: Regular security audits and compliance assessments ensure data protection 

• Incident Response: Immediate notification procedures for any security incidents affecting your data 

• Data Isolation: Your information remains isolated and accessible only through your authorized permissions 

13. PLATFORM MODIFICATIONS AND UPDATES 

13.1 Service Changes 

Xuvian reserves the right to: 

• Modify platform features, functionality, and user interface 

• Update data collection requirements and processes 

• Introduce new services and discontinue existing ones 

• Change pricing structures with 30 days’ notice 

13.2 Terms Updates 

• These Terms may be updated periodically 

• Material changes will be communicated with reasonable notice 

• Continued platform use constitutes acceptance of updated Terms 

14. TERMINATION AND SURVIVAL 

14.1 Termination Rights 

Either party may terminate this agreement with 30 days’ written notice, subject to: 

• Completion of ongoing obligations 

• Payment of outstanding fees 

• Data transition requirements 

14.2 Survival of Terms 

The following provisions survive termination: 

• Information usage rights granted to Xuvian 

• Confidentiality obligations 

• Financial obligations and success fees 

• Intellectual property rights 

15. COMPREHENSIVE LIABILITY LIMITATIONS AND LEGAL PROTECTIONS 

15.1 Service Disclaimer and Limitation of Warranties 

AS PERMITTED UNDER INDIAN LAW: 

• Platform services are provided “AS IS” and “AS AVAILABLE” without any warranties, express or implied 

• Xuvian disclaims all warranties including but not limited to merchantability, fitness for a particular purpose, and non-infringement 

• No warranty is provided regarding platform availability, data accuracy, or service continuity 

• No guarantee of funding success, investor interest, or business outcomes 

• Results depend on multiple factors beyond Xuvian’s reasonable control 

• Platform performance may be affected by internet connectivity, third-party services, and technical limitations 

15.2 Comprehensive Limitation of Liability 

To the maximum extent permitted under the Indian Contract Act, 1872 and other applicable laws: 

• Monetary Limitation: Xuvian’s total liability is strictly limited to the aggregate service fees paid by you in the 3 months preceding the claim 

• Excluded Damages: Under no circumstances shall Xuvian be liable for: 

• Indirect, incidental, special, consequential, or punitive damages 

• Loss of profits, revenue, data, or business opportunities 

• Business interruption or loss of goodwill 

• Cost of substitute services or technology 

• Damages arising from third-party claims or actions. 

• Losses due to platform downtime, technical failures, or cyber incidents 

15.3 Force Majeure and Unforeseen Circumstances 

Xuvian shall not be liable for any delay, failure, or interruption of services due to: 

• Acts of God, natural disasters, epidemics, or pandemics 

• Government actions, regulatory changes, or legal requirements 

• Internet service disruptions, cyber attacks, or technical infrastructure failures 

• Labor disputes, strikes, or supply chain disruptions 

• War, terrorism, civil unrest, or political instability 

• Any circumstances beyond Xuvian’s reasonable control 

15.4 Platform Dependency Disclaimer 

You acknowledge and accept that: 

• Platform services depend on third-party infrastructure, internet connectivity, and external service providers 

• Xuvian cannot guarantee uninterrupted service or complete data security 

• You are responsible for maintaining backup copies of critical business information 

• Platform algorithms and matching systems are proprietary and results may vary 

16. INDEMNIFICATION AND LEGAL PROTECTION 

16.1 User Indemnification Obligations 

You agree to indemnify, defend, and hold harmless Xuvian, its directors, officers, employees, agents, and affiliates from and against any and all: 

• Third-Party Claims: Claims, demands, actions, or proceedings by investors, partners, customers, or other third parties 

• Legal Costs: Reasonable attorney fees, court costs, and legal expenses 

• Damages and Losses: Including but not limited to monetary damages, regulatory penalties, and reputational harm arising from: 

• Your violation of these Terms or applicable laws 

• Inaccurate, misleading, or false information provided by you 

• Your business operations, products, or services

• Intellectual property infringement claims related to your business 

• Breach of confidentiality or data protection obligations 

• Misuse of the platform or unauthorized access to other users’ information 

16.2 Xuvian’s Indemnification Scope 

Xuvian will indemnify you solely for: 

• Direct damages arising from Xuvian’s gross negligence or willful misconduct 

• Breach of platform security measures resulting in unauthorized data access 

• Limitation: Maximum indemnification amount shall not exceed service fees paid in the preceding 12 months 

16.3 Indemnification Process 

• Notice Requirement: Immediate written notice of any claim or potential claim 

• Control of Defense: Indemnifying party has the right to control defense and settlement 

• Cooperation: Both parties must cooperate fully in defense of any claim. 

• Settlement Authority: No settlement without prior written consent of both parties 

17. REGULATORY COMPLIANCE AND LEGAL FRAMEWORK 

17.1 Indian Law Compliance 

These Terms are governed by and construed in accordance with: 

• Indian Contract Act, 1872 

• Information Technology Act, 2000 and Rules thereunder 

• Companies Act, 2013 

• Consumer Protection Act, 2019 (where applicable) 

• Personal Data Protection Bill (when enacted) 

• Foreign Exchange Management Act (FEMA), 1999 (for cross-border transactions) 

• Securities and Exchange Board of India (SEBI) regulations (where applicable) 

17.2 Data Protection and Privacy Compliance 

• IT Act Compliance: Platform operations comply with Information Technology Act, 2000 and IT (Reasonable Security Practices) Rules, 2011 

• Data Localization: Personal data of Indian users is stored within India as required by applicable regulations 

• Consent Management: Explicit consent mechanisms for data collection, processing, and sharing 

• Data Subject Rights: Procedures for data access, correction, and deletion requests 

17.3 Cross-Border Data Transfer 

For international investors or service providers: 

• Compliance Framework: All data transfers comply with applicable Indian data protection laws 

• Contractual Safeguards: Standard contractual clauses for international data transfers 

• User Consent: Explicit consent for cross-border data sharing where required 

17.4 Regulatory Reporting 

• Legal Compliance: Xuvian may be required to disclose information to regulatory authorities 

• Tax Obligations: Users remain responsible for all applicable tax obligations 

• FEMA Compliance: Cross-border investment facilitation complies with FEMA regulations 

18. DISPUTE RESOLUTION AND LEGAL JURISDICTION 

18.1 Governing Law and Jurisdiction

• Governing Law: These Terms are governed exclusively by the laws of India 

• Jurisdiction: All disputes shall be subject to the exclusive jurisdiction of courts in Bengaluru, Karnataka 

• Language: All proceedings shall be conducted in English. 

Applicable Statutes: Indian Contract Act 1872, Arbitration and Conciliation Act 2015, and other applicable Indian laws 

18.2 Mandatory Dispute Resolution Process 

STEP 1: Direct Negotiation (30 Days) 

• Good faith negotiations between authorized representatives 

• Written documentation of positions and proposed resolutions 

• Senior management involvement required for material disputes 

STEP 2: Mediation (60 Days) 

• Mediation through Bangalore Mediation Centre or mutually agreed mediator 

• Costs shared equally between parties 

• Mediation proceedings remain confidential 

STEP 3: Binding Arbitration 

• Arbitration Rules: Arbitration and Conciliation Act, 2015 

• Arbitral Institution: Bangalore International Arbitration Centre (BIAC) or mutually agreed institution 

• Number of Arbitrators: Single arbitrator for claims under 50 lakhs; three arbitrators for higher claims 

• Seat of Arbitration: Bengaluru, Karnataka 

• Language: English 

Expedited Proceedings: For claims under 25 lakhs as per institutional rules 

18.3 Interim Relief and Enforcement 

• Emergency Arbitrator: Available for urgent interim measures 

• Court Intervention: Limited to enforcement of arbitral awards and interim measures 

• Injunctive Relief: Courts may grant injunctive relief for breach of confidentiality or intellectual property rights 

• Enforcement: Arbitral awards enforceable under Arbitration and Conciliation Act, 2015 

18.4 Legal Fees and Costs 

• Prevailing Party: Entitled to recover reasonable legal fees, arbitration costs, and expenses 

• Cost Assessment: As determined by arbitral tribunal or court 

• Security for Costs: May be required in certain circumstances 

18.5 Class Action Waiver 

• Individual Claims Only: All disputes must be resolved on individual basis 

• No Class Actions: No class action, collective, or representative proceedings permitted 

• Consolidation: Multiple claims may be consolidated only with express written consent 

19. INTELLECTUAL PROPERTY PROTECTION AND RIGHTS 

19.1 Platform Intellectual Property 

• Xuvian’s IP: All platform technology, algorithms, software, and proprietary methodologies remain Xuvian’s exclusive property 

• License Grant: Limited, non-exclusive license to use platform during term of agreement 

• Restrictions: No reverse engineering, copying, or modification of platform technology 

• Third-Party IP: Platform may incorporate third-party intellectual property used under license 

19.2 User Content and Information 

• Ownership Retention: You retain ownership of all business information and content provided 

• Usage License: Limited license granted to Xuvian for platform operations and permitted uses as specified 

• IP Indemnification: You warrant that your content does not infringe third-party intellectual property rights 

19.3 Platform Improvements and Developments 

• Enhancement Rights: Xuvian owns all improvements and enhancements to platform functionality 

• User Feedback: Feedback and suggestions provided by users become Xuvian’s property 

• Derivative Works: Any derivative works based on platform technology belong to Xuvian 

20. TERMINATION, SURVIVAL, AND POST-TERMINATION OBLIGATIONS 

20.1 Termination Rights and Procedures 

Termination by Either Party: 

• 30 days’ written notice for convenience 

• Immediate termination for material breach after 15-day cure period 

• Automatic termination upon insolvency, liquidation, or cessation of business 

Termination by Xuvian: 

• Violation of these Terms or applicable laws 

• Misuse of platform or attempts to compromise security 

• Providing false or misleading information 

• Non-payment of fees after 30-day notice period 

• Engagement in activities harmful to Xuvian’s reputation or business 

20.2 Post-Termination Obligations 

Data and Information: 

• Data Export: 30-day period to export your data from the platform 

• Data Deletion: Xuvian may delete your data after export period expires 

• Continued Access: No access to platform services after termination 

• Outstanding Obligations: All financial obligations survive termination 

Survival of Key Provisions: 

• Confidentiality obligations (perpetual) 

• Intellectual property rights and restrictions 

• Limitation of liability and indemnification 

• Dispute resolution and governing law 

• Success fee obligations for pre-termination introductions 

• Marketing rights for content created during term 

20.3 Consequences of Termination 

• Immediate Effect: All platform access and services terminate immediately 

• No Refunds: Paid subscription fees are non-refundable 

• Transition Period: 30-day transition period for data export and outstanding matters 

• Ongoing Obligations: Certain obligations continue post-termination as specified 

21. ADDITIONAL LEGAL SAFEGUARDS AND PROTECTIONS 

21.1 Consumer Protection Act Compliance 

Where applicable under Consumer Protection Act, 2019: 

• Fair Trading: Commitment to fair and transparent business practices 

• Grievance Redressal: Internal grievance handling mechanism for consumer complaints 

• Regulatory Compliance: Adherence to consumer protection regulations and guidelines 

21.2 Anti-Money Laundering and KYC 

• KYC Requirements: User verification and due diligence as required by law 

• AML Compliance: Monitoring and reporting of suspicious transactions 

• Regulatory Cooperation: Full cooperation with law enforcement and regulatory inquiries 

21.3 Platform Integrity and Security 

• Security Measures: Implementation of reasonable security practices and procedures 

• Incident Response: Procedures for handling security breaches and data incidents 

• Regular Audits: Periodic security assessments and compliance reviews 

21.4 Modification and Amendment Rights 

• Unilateral Modification: Xuvian reserves the right to modify these Terms with 30 days’ notice 

• Material Changes: Significant changes require explicit user acceptance 

• Continued Use: Continued platform use after modification constitutes acceptance 

• Withdrawal Rights: Users may terminate if they don’t accept modified terms 

22. MISCELLANEOUS PROVISIONS AND LEGAL FRAMEWORK 

22.1 Entire Agreement and Integration 

• Complete Agreement: These Terms constitute the entire agreement between parties and supersede all prior communications, agreements, and understandings 

• Integration: All terms, conditions, and obligations are integrated into this single document 

• Conflicting Terms: In case of conflict between these Terms and other documents, these Terms prevail 

• Amendment Requirements: Modifications must be in writing and signed by both parties 

22.2 Severability and Enforceability 

• Severability: If any provision is deemed invalid, illegal, or unenforceable, the remainder remains in full force and effect 

• Reformation: Courts may reform invalid provisions to achieve the intended economic effect 

• Enforceability: All provisions are intended to be enforceable to the maximum extent permitted by law 

22.3 Assignment and Transfer Rights 

Restrictions on User Assignment: 

• You may not assign, transfer, or delegate rights or obligations without Xuvian’s prior written consent 

• Any attempted unauthorized assignment is void and of no effect 

• Change of control or ownership may constitute assignment requiring consent 

Xuvian’s Assignment Rights: 

• Xuvian may freely assign this agreement to affiliates, subsidiaries, or in connection with merger, acquisition, or sale of business 

• Assignment to third parties requires notice but not user consent 

• Users will be bound by assignment to qualified assignees 

22.4 Waiver and Non-Waiver 

• No Implied Waiver: Failure to enforce any provision does not constitute waiver of that provision or any other provision 

• Express Waiver Required: Waivers must be in writing and signed by the waiving party 

• Limited Effect: Waiver of specific breach does not waive future breaches or other obligations 

22.5 Force Majeure – Extended Provisions 

Covered Events: 

• Natural disasters, epidemics, pandemics, and acts of God 

• Government actions, laws, regulations, or court orders 

• War, terrorism, civil unrest, and political instability 

• Infrastructure failures, internet disruptions, and cyber attacks 

• Labor disputes, strikes, and supply chain disruptions 

Obligations During Force Majeure: 

• Notice: Immediate written notice of force majeure event 

• Mitigation: Best efforts to minimize impact and resume normal operations 

• Updates: Regular status updates during extended force majeure periods 

• Alternative Performance: Reasonable efforts to provide alternative service delivery 

22.6 Legal Compliance and Regulatory Changes 

• Adaptive Compliance: Terms automatically adjust to comply with new legal requirements 

• Regulatory Changes: Users will be notified of significant regulatory changes affecting services 

• Compliance Cooperation: Both parties will cooperate to ensure ongoing legal compliance 

23. CONTACT INFORMATION AND LEGAL NOTICES 

23.1 Official Contact Information 

For Legal Notices and Formal Communications: 

Xuvian Ventures (NIEUW Solutions Pvt Ltd) 

Registered Office: Pavani Sarovar, Nallurhalli Main Road, Whitefield, Bengaluru 560066 

Corporate Identification Number: U62091KA2023PTC176400 

Email: legal@xuvian.com 

Phone: [To be specified] 

Authorized Representative: Mr. Amiya Srivastava, Director 

23.2 Notice Requirements and Delivery 

Valid Notice Methods: 

• Email: To registered email address with delivery confirmation 

• Registered Post: With acknowledgment due to registered address 

• Courier Service: With proof of delivery to authorized representative 

• Electronic Platform: Through secure platform messaging system 

Notice Effectiveness: 

• Email: Deemed received 24 hours after sending (excluding weekends and public holidays) 

• Physical Delivery: Upon actual receipt or refusal to accept delivery 

• Platform Messaging: Upon system confirmation of delivery 

23.3 Communication Preferences and Consent 

• Electronic Communications: You consent to receive all communications electronically 

• Legal Validity: Electronic communications satisfy legal notice requirements 

• Platform Notifications: Important updates may be communicated through platform interface 

• Language: All communications will be in English 

24. EFFECTIVE DATE AND IMPLEMENTATION 

24.1 Effective Date and Application 

• Effective Date: These Terms become effective upon your acceptance and registration on the platform 

• Retroactive Application: Terms apply to all platform usage from the effective date 

• Version Control: Current version supersedes all previous versions 

24.2 Acknowledgment and Acceptance 

By registering for, accessing, or using the Xuvian platform, you acknowledge that you have: 

• Read and understood all provisions of these Terms and Conditions 

• Had the opportunity to seek legal counsel regarding these Terms 

• The legal authority to bind your organization to these Terms 

• Voluntarily agreed to be bound by all obligations herein 

24.3 Platform Integration and User Agreement 

• Platform Access: Access to platform services constitutes acceptance of these Terms 

• Ongoing Obligations: Continued use requires ongoing compliance with all provisions 

• Updates and Modifications: Users will be notified of significant changes through multiple channels 

LEGAL ACKNOWLEDGMENT AND BINDING AGREEMENT 

IMPORTANT LEGAL NOTICE: This document constitutes a legally binding agreement under Indian law. By proceeding with platform registration and usage, you acknowledge full understanding and acceptance of all terms, conditions, and legal obligations contained herein. 

For questions, clarifications, or legal inquiries, contact: 

Email: legal@xuvian.com 

Document Version: 1.1 

Last Updated: [1 June 2025] 

Next Review Date: [Date + 12 months]