Terms and Conditions for Investors
“Crore Capital” Investor Terms and Conditions
Effective Date: [Insert Date]
By using the Crore Capital platform and investing in listed companies, you (the "Investor") agree to the following terms and conditions. Please read them carefully before making any investment.
1. Investment Process
1.1 Listing and Investment: Investors may browse and select businesses listed on the Crore Capital platform that are seeking funds for expansion or other initiatives. Each listing provides detailed information about the company, its goals, and how the raised funds will be used.
1.2 Minimum Investment: The minimum amount an investor can contribute to any listed company is ₹[1000].
1.3 Investment Confirmation: By confirming an investment, the investor agrees to provide the pledged amount to the listed company. Funds are held securely by Crore Capital until the listing goal is met.
2. Profit Sharing and Commission
2.1 Profit Sharing: Investors are entitled to a share of the profits generated by the listed business as per the agreement outlined in the company’s listing details. The amount and frequency of profit distribution are subject to the business's performance and profitability.
2.2 Company Commission: Crore Capital charges a 10% commission on all funds raised through the platform. This commission is deducted before any profit distribution to investors.
2.3 Investor Commission: Crore Capital takes 10% commission on any withdrawal made by the investor from their earned profits. This will be deducted before the transfer to the investor’s account.
3. Withdrawal and Terms
3.1 Lock-in Period: Investors agree to a lock-in period of [6 months] from the date of investment. During this period, funds cannot be withdrawn or transferred.
3.2 Withdrawal Requests: Investors can request to withdraw their share of profits within lock in period, subject to the availability of liquid funds in the company. However, investors should be aware that if the company does not have enough funds for immediate withdrawal, the payout may be delayed.
3.3 Profit Distribution: Profits will be distributed based on the earnings of the company. This distribution may be periodic (e.g., monthly, quarterly, or annually) and will be communicated to investors through the platform.
4. Risk Acknowledgment
4.1 Investment Risk: Investments on Crore Capital carry inherent risks. The listed businesses may face challenges, and there is no guarantee of profit or return. GoodStart is not liable for any losses incurred due to the performance of the listed companies.
4.2 Due Diligence: Investors are encouraged to conduct their own due diligence on the companies they choose to invest in. Crore Capital provides detailed information, but the final investment decision lies with the investor.
4.3 Non-Refundable Investment: Once an investment is made, it is non-refundable. Crore Capital does not guarantee any returns or the return of principal investments.
5. Termination of Agreement
5.1 Termination by Investor: An investor may terminate their participation at any time by notifying Crore Capital in writing. However, termination will not affect any ongoing profit-sharing agreements.
5.2 Termination by GoodStart: Crore Capital reserves the right to terminate an investor’s account if they violate the platform's terms and conditions or engage in fraudulent activities. In such cases, the investor’s funds may be forfeited.
6. Confidentiality
6.1 Both investors and GoodStart agree to maintain confidentiality regarding all information exchanged through the platform, including company data, investment details, and any other sensitive information.
7. Governing Law
7.1 This agreement is governed by the laws of India, and any disputes arising shall be resolved in the courts located in [salem].
By accepting these Terms and Conditions, the investor acknowledges that they have read and understood the risks involved in investing on the Crore Capital platform and agree to the terms outlined above.