Privacy policy

author
by Vishudh Kothari

21 Feb, 2024

Introduction:
Synergy Finance ("we" or "us") is committed to protecting the privacy of your information and complying with all applicable data privacy laws and regulations in India, including the Information Technology Act, 2000 and its amendments, and the Securities and Exchange Board of India (SEBI) (Alternative Investment Funds) Regulations, 2012. This Privacy Policy explains how we collect, use, and disclose information about you when you invest in our AIFs or use our website and platform.
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1. Information We Collect:
We may collect the following information about you:

Personal Information:
* Name, address, phone number, email address, date of birth, and other information necessary for account verification, KYC compliance, and investment transactions.
* PAN card number, bank account details, and other financial information required for processing transactions and complying with regulatory requirements.
* Investment experience, risk tolerance, and other details relevant to your suitability for the AIF.

Financial Information:
* Investment amount, transaction history, portfolio holdings, net asset value (NAV), and other financial data relevant to your investments.

Technical Information:
* IP address, browser type, operating system, device information, and website usage data.
* Cookies and similar technologies used to track your activity on our website and platform.

2. How We Use Your Information:
We use the information we collect about you to:

* Open and manage your AIF investment account.
* Process your transactions and fulfill your investment requests.
* Perform KYC and anti-money laundering checks as per SEBI regulations.
* Communicate with you about your account, investments, important updates, and market information.
* Improve our website, platform, and services.
* Conduct data analysis and research to understand investor behavior and market trends.
* Comply with legal and regulatory requirements, including reporting to SEBI.

3. Sharing Your Information:
We may share your information with the following parties:

* Service providers who help us operate our website, platform, and services (e.g., KYC providers, payment processors, custodians).
* SEBI and other regulatory authorities as required by law or regulation.
* Auditors and other professionals providing services to us.
* Other parties with your consent, such as your investment advisor.

4. Data Security:
* We take appropriate security measures to protect your information from unauthorized access, disclosure, alteration, or destruction, including encryption, firewalls, and access controls. However, no website or internet transmission is completely secure, so we cannot guarantee the absolute security of your information.

5. Data Retention:
We will retain your information for as long as necessary to fulfill the purposes outlined in this Privacy Policy, comply with legal and regulatory requirements, and resolve potential disputes.

6. Your Choices:
You have the right to:

* Access and update your personal information.
* Request deletion of your personal information, subject to legal and regulatory requirements.
* Opt out of receiving marketing communications from us.
* Lodge a complaint about our data privacy practices with the appropriate authorities.

7. Children's Privacy:
Our website and platform are not intended for children under 18. We do not knowingly collect personal information from children under 18.

8. Changes to This Privacy Policy:
We may update this Privacy Policy from time to time. We will notify you of any changes by posting the updated policy on our website.

9. Contact Us:
If you have any questions about this Privacy Policy or your privacy rights, please contact us at contact@synergyfinance.xyzDisclaimer: This blog post is for informational purposes only and should not be considered financial advice. You may consult with a qualified financial advisor before making any investment decisions.
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