Legal & Regulatory Compliance Policy
Wealth – Mutual Fund Platform – digiRM
This Legal & Regulatory Compliance Policy applies to the digiRM mobile application, website and all present and future digital interfaces ("Platform") operated by digiRM Services, having its registered address at No. 1518, Tower 3, Lodha Crown, Majiwada, Thane – 400601, Maharashtra, India.
Legal Classification of the Platform
The Platform operates as a technology-enabled information and facilitation interface. Any regulated activities, including mutual fund distribution or execution where applicable, are undertaken strictly in accordance with applicable law and within the scope of valid licences or registrations held, as may be expressly disclosed.
The Platform does not provide portfolio management services, discretionary investment management, or assume custody or control of investor funds or securities, except as permitted under applicable law.
SEBI & AMFI Compliance
The Company operates in compliance with:
- SEBI Act, 1992
- Securities Contracts (Regulation) Act, 1956
- AMFI Code of Conduct
- Applicable SEBI circulars and guidelines
- Registrar & Transfer Agent regulations
- MF Utility (MFU) operating frameworks
Transaction Facilitation Compliance
All mutual fund transactions are executed through SEBI/AMFI registered intermediaries, registrars and MFU platforms. digiRM does not collect, hold or process investor monies.
FATCA / CRS Compliance
Access to mutual fund schemes on the Platform is subject to FATCA/CRS regulations and scheme-specific eligibility requirements prescribed by mutual fund houses and intermediaries.
Data Protection Compliance
User data is processed in compliance with:
- Digital Personal Data Protection Act, 2023
- Information Technology Act, 2000
- Applicable data protection rules and standards
Intermediary & Content Liability Compliance
The Platform operates as an intermediary under the IT (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 and shall not be liable for third-party content, subject to statutory safe-harbour protections.
Consumer Protection Compliance
Subscription services, platform usage, service disclosures, refunds and grievance handling are governed by the Consumer Protection Act, 2019 and applicable e-commerce rules.
Third-Party Service Disclosure
The Platform integrates third-party APIs, registrars, payment gateways, data providers and analytics services. digiRM does not control such services and shall not be responsible for their availability, accuracy or performance.
Limitation of Liability & Risk Allocation
To the maximum extent permitted by law, digiRM shall not be liable for investment losses, market fluctuations, regulatory changes, third-party failures or indirect damages.
Jurisdiction & Governing Law
This Policy shall be governed by Indian law and subject to exclusive jurisdiction of courts at Thane, Maharashtra.
Regulatory Cooperation
The Company shall cooperate with governmental and regulatory authorities in accordance with applicable law.
Amendments
The Company reserves the right to modify this Policy at any time. Continued use of the Platform constitutes acceptance of the updated Policy.
Legal & Regulatory Compliance Policy
Wellness – AI Health Platform – digiRM
This Legal & Regulatory Compliance Policy applies to the digiRM mobile application, website and all present and future digital interfaces ("Platform") operated by digiRM Services, having its registered address at 1518, Tower 3, Lodha Crown, Majiwada, Thane – 400 601, Maharashtra, India.
Legal Classification of the Platform
The Platform is an AI-powered digital wellness software system providing general wellness, lifestyle and nutrition-related informational tools and non-clinical wellness insights. The Platform is not classified as a medical device, diagnostic system, healthcare provider, hospital, clinic, laboratory, pharmacy, nutrition clinic or therapeutic service under any applicable law.
The Platform does not provide medical diagnosis, treatment, prescription, emergency healthcare services or clinical monitoring.
AI Usage & Safe Harbour Disclosure
The Platform utilises artificial intelligence engines and third-party APIs (including but not limited to ChatGPT, Google Gemini and similar technologies) to generate wellness insights, lifestyle suggestions and nutrition-related outputs.
Health Non-Advice Declaration
Nothing on the Platform constitutes medical advice, diagnosis, prescription or treatment. Users must consult qualified healthcare professionals before making any health-related decisions.
No doctor-patient, therapist-client or professional relationship is created between the User and the Company.
Data Protection & Privacy Compliance
The Company processes personal, wellness and lifestyle-related data in compliance with:
- Digital Personal Data Protection Act, 2023
- Information Technology Act, 2000
- Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011 (wherever applicable)
User data is collected and processed strictly in accordance with the Privacy Policy.
Intermediary & Content Liability Compliance
The Company operates as an intermediary platform under the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 and shall not be liable for user-generated content, subject to compliance with applicable safe harbour provisions.
Consumer Protection & Subscription Compliance
Subscription services, billing cycles, free trials, renewals, cancellations and refunds are governed by the Consumer Protection Act, 2019 and relevant e-commerce rules. All subscription terms are transparently disclosed through platform policies.
Third-Party Services & API Disclosure
The Platform integrates third-party cloud, analytics, payment, AI and infrastructure service providers. digiRM does not control such third-party services and shall not be responsible for their availability, security, accuracy or performance.
Limitation of Liability & Risk Allocation
To the maximum extent permitted by law, digiRM's total liability arising out of the Platform and Services shall be limited to the subscription fees paid by the User. The Company shall not be liable for health outcomes, personal injury, indirect or consequential damages.
Jurisdiction & Governing Law
This Policy shall be governed by Indian law and subject to exclusive jurisdiction of courts at Thane, Maharashtra.
Regulatory Cooperation
The Company shall cooperate with lawful governmental and regulatory authorities in compliance with applicable law and may disclose information where legally required.
Amendments
The Company reserves the right to modify this Policy at any time. Continued use of the Platform constitutes acceptance of the revised Policy.