Privacy Policy

Introduction:

Visvar highly values the privacy of Users, and takes appropriate measures to ascertain that the same is preserved and protected to the maximum possible extent on its site, www.venoraworld.com.

This Policy states the Information collected from Users (“Information”), the purposes for which it is used, the reasons for which it is shared, and strategies for disclosure.

All Users who intend to conduct business on the site are strictly required to act in consonance with the terms of this Policy. In the event of disagreement with any of the Clauses of the same, they shall not access the site.

Collection of Information:

The following information is collected from Users on the site upfront:

• Name
• Email id
• Mobile number

The foregoing is classified as Personal Information of Users. Visvar collects the same through the site in the normal course. Users accord their consent for the same, and agree and acknowledge that the said collection and recording of Personal Information is to enable smooth delivery of Services on the site.

Registration on the site is deemed to be done when Users sign in with their active email ids on the site.

In addition to the afore stated Personal Information, Visvar may also collect the following Information from Users:

• Financial information
• Preferred products
• Social data
• Purchasing data
• Data in relation to chats and messages
• Details with regard to browsing by Users

The foregoing is classified as General Information of Users, and Visvar may gather the same through various means. Users accord their consent for the same, and agree and acknowledge that the said collection and recording of General Information is to enable provision of customised Services to Users by identifying their preferences and likes. General Information of Users become relevant for Visvar in order to enable them to suggest products/materials, which suit the specific tastes of Individual Users.

Users also agree and acknowledge that Visvar may collect their General Information through the use of technologies, and/or identify the same from their browser/device when they visit the site and the Services on the same.

Users further agree and acknowledge that Cookies may be assigned to their devices in order to individualise their access to the Services on the site.

Collection of Information by third parties:

Users agree and acknowledge that Visvar provides access to the site to service providers, and advertising/marketing firms who put on show their advertisements on the site, and also track details of those who view these ads. These details include Personal/General Information of Users. This is done in order to improve their business opportunities. However, Visvar does not directly provide any Information of Users to these firms/service providers.

Purposes of Collection of Information from Users:

Visvar utilises the Personal and General Information collected from Users for the following specific purposes:

• Effective correspondences and communications
• Management of User accounts
• Provision of requisite support to Users for access to the Services on the site
• Supply of materials of their preferences and liking to Users
• Upgradation of Services on the site, and enhancement of the quality of materials/products
• Effective administration of business
• Identification and analysis of the specific requirements of Individual Users

Engagement of Vendors:

Visvar may engage Vendors for the functions listed out in Clause IV above. However, such Vendors are strictly bound by this Policy, and they shall not act in non-compliance with the same.

Disclosure of Information:

Visvar may disclose the Personal and/or General Information collected from Users to the following third parties:

• Service providers who perform various functions on the site
• Advisors, advertisers and investors of Visvar

Information is shared with these third parties only to perform obligations to Users on behalf of Visvar. These third parties are strictly bound by this Policy, and they shall not act in non-compliance of the same for any reason whatsoever.

Non-willingness to provide Information:

In the event Users are not willing to provide an Information to Visvar, they are at liberty to take a call on the same. However, they may consequentially be deprived of the benefits of certain Services on the site, which mandatorily require the said Information such as purchase of a specific product/material or carrying out a specific financial transaction.

Protection and preservation of Information:

Visvar shall take all possible steps to protect the privacy and confidentiality of Information collected from Users. However, Users are required to act carefully as well during the process of sharing of Information. They shall ensure that only well password protected email ids are used for the same.

Creation of rights:

No third party acquires a right to demand to disclose Information from Users of the site. Disclosure of information is at the discretion of Users.

Revision of Policy:

This Policy is subject to periodic revisions and amendments. Users are required to keep themselves updated of the same, and comply with the revised Policy. Visvar accepts no responsibility to provide intimations to Users of such changes.