Privacy Policy

1. Information We Collect

1. In General. We may collect Personal Information, including Sensitive Data, and other information. “Personal Information” means individually identifiable information that would allow us to determine the actual identity of, and contact, a specific living person. “Sensitive Data” includes name, photograph and video, signature, address, mailing address, telephone number, email ID, credit / debit card number, cardholder name, card expiration date, information regarding income and occupation, proof of identification, bank account information, information about your mobile phone and any details that may have been voluntarily provided by you in connection with availing the Services. For availing certain Services and offers on the Platform, you consent to providing access to your contact list and us collecting information relating to your contact list and your mobile device through our platform including without limitation, contact names, phone numbers, account types, favourites (starred). You shall have the option of not providing this consent at the time of being onboarded on the Platform. By providing Sensitive Data to us, you consent to the collection, use and disclosure of Sensitive Data, as permitted by applicable privacy laws. By using the Service, you are authorizing us to gather, parse and retain data related to the provision of the Services.
2. The Company is the sole owner of the information collected through the Website and use of the Services. We may collect and process Personal Information from you, including but not limited to the following:
3. a. Information provided by you at the time of registration such as your email ID, phone number, bank account details, contact information, financial information, unique identifiers and preferences information including favourites and history. Providing additional information beyond what is required at the time of registration can be altered by you at any time;
4. b. Information that you provide us with directly via email and / or electronic communication;

c‍. Information that you provide to us over telephone. We may make and keep a record of such information shared by you;

1. d. Information that you provide us in physical form whether sent through post and / or courier and / or handed over to our representatives in person; and
2. e. Information from other sources.
3. Every computer/mobile device connected to the internet is given a domain name and a set of numbers that serve as that computer’s Internet Protocol or “IP” address. When you request a page from any page within the Website, our web servers automatically recognize your domain name and IP address. The domain name and IP address reveals nothing personal about you other than the IP address from which you have accessed the Website.
4. We further track your use of the Website and Services, including our application through our own proprietary tools or the use of third-party technologies. By using the Services and the application, you consent to us using such technology to track your usage of the Website and Services on the application by accepting the popup explaining the same to you during the use of the Services. The tools used for tracking do not collect any Sensitive Personal Information and are used to track your activities during use of the Website and Services and during promotional activities to better tailor the Services for your needs. We further this information to do research on your demographics, interests, and behavior to better understand, protect and serve our users and improve our Services and application. This information is compiled and analysed on an aggregated basis. Such information, excluding any Sensitive Personal Information may also be provided by thirdparty service providers who obtain your data on their website from which website you may be redirected to our Website or application.
5. You may, in your sole and absolute discretion, choose either:

(i) not to provide the information requisitioned by the Company from you in connection with its Services from time to time or

(ii) cancel your communication that you have elected to receive from the Company in relation to the information you have already shared with the Company.

1. The Floatr app offers automated expense management, enabling you to plan budgets and track expenses. In order to utilize the expense management feature within your Floatr account, you may be asked to grant permission for access to SMS messages related to financial transactions. You also have the option to connect your email account, giving Floatr permission to securely access emails for service purposes. With your consent, Floatr additionally, you have the option to connect your registered email account to the Floatr platform, and by explicitly providing consent, Floatr may securely access your emails solely for the purpose of availing the Services. With your consent, Floatr may access and extract statements received from your bank(s) to process your application in accordance with the Terms and Conditions of Use. Should you choose to enable access to your registered email, Floatr will view, analyze, and extract information from emails sent by your bank(s) containing statements of your account. This information is collected to automatically assist you with your loan application and is held in strict confidence in accordance with applicable law. Under no circumstances will personal messages/emails be accessed, and our automated process will strictly adhere to accessing only emails containing bank statements, as per your explicit consent. We will ensure that your consent is not misused, and our algorithm will be programmed to avoid any human intervention beyond the scope of the consent you have provided. Your consent will be sought each time you wish to connect your email or SMS with your Floatr account, and you are free to revoke this consent at any time while availing Floatr Services. To revoke consent or opt out of processing your application through Floatr, please contact care@floatr.in

‍Also, for instance, Gmail’s permission settings are located at: myaccount.google.com/permissions. A user may de-link the access to their email any time they wish by raising a request through this URL.

2. How We Use Information We Collect

Our primary goal in collecting information is to provide you a platform to render our Services. We may use the personal information provided by you in the following ways:

1. ‍To help provide you the Services and offers relating to the Services;
2. ‍To observe, improve and administer the quality of Services;
3. To analyse how the platform is used and diagnose technical problems;
4. Remember the basic information provided by you for effective access;
5. To confirm your identity in order to determine your eligibility to use the platform and avail the Services
6. To notify you about any changes to the Website;
7. ‍To enable us to comply with our legal and regulatory obligations;
8. For the purpose of sending administrative notices, Service-related alerts and other similar communication with a view to optimizing the efficiency of the Website;
9. Doing market research, troubleshooting, protection against error, project planning, fraud and other criminal activity;
10. To enforce our Terms and Conditions of Use; and
11. When you grant us access to the contact information on your mobile device, then we access the names and contact information from your address book to facilitate invitations, rewards for referrals and to assess your phone usage and habits and to identify fraudulent contacts in your network and for promotional and marketing purposes.

3. Sale of Assets, Merger, Acquisition, Bankruptcy

Information collected from you may be transferred to a third party(ies) as a result of a sale or acquisition, merger or bankruptcy involving the Company.

4. Cookies

Cookies are small portions of information saved by your browser onto your computer / mobile. Cookies are used to record various aspects of your visit and assist us to provide you with uninterrupted service. We do not use cookies to save personal information for unauthorized uses.

5. Sharing of Information

1. Sharing. Other than as mentioned elsewhere in this Privacy Policy, we may share aggregated demographic information and tracking information with our partners or affiliates. This is not linked to any personal information that can identify an individual person. We will not be liable for transfer of any personal identification information resulting from loss or distribution of data, the delineation or corruption of media storage, power failures, natural phenomena, riots, act(s) of vandalism, sabotage, terrorism or any other event beyond our control. Further, our Privacy Policy does not cover the use of cookies by its partners and affiliates since we do not have access or control over such cookies.
2. Consulting. We may partner with other parties to provide specific portions of the Services, if required. When you sign-up for the Services, we will share names, or other Personal Information that is necessary for the third party to provide these Services. Our contractual arrangements with such third parties restrict these parties from using personally identifiable information except for the explicit purpose of assisting in the provision of these Services.
3. Promotional Offers. We may send you offers, which may be on behalf of other businesses. When we do this, we do not give that business your name, address and details in relation to the Services availed. If you do not want to receive such offers, you may request us to adjust your preferences.
4. We do not publish or disclose any information pertaining to your contacts list to any third parties other than for the purpose of provision of the Services and offers on the platform or where required to do so by law.

6. Changes of Information

If your Personal Information or Sensitive Data changes, you may correct, delete inaccuracies, or amend information by making the change on our member information page or by contacting us through email address mentioned on our Website. We will make good faith efforts to make requested changes in our then active databases as soon as reasonably practicable.

7. Non-disclosure of Information

We pledge that we will not sell or rent your personal details to anyone and your personal information will be protected and maintained strictly confidential by us, except in the following cases:

1. We may disclose your personal information in the event it is required to do so by law, rule, regulation, law, enforcement, governmental official, legal or regulatory authorities and / or to such other statutory bodies who have appropriate authorisation to access the same for any specific legal purposes;
2. We may disclose your information in order to provide you the Services, enforce or apply the Terms of Use, or to protect the rights, property or safety of the Company, its users or others. This includes exchanging information with other companies / agencies that work for fraud prevention;
3. We may disclose your information to such third parties to whom we transfer our rights and duties under any agreement entered into with such third parties; and
4. We may disclose your information to any of our affiliates or related entities.

8. Security of Information

1. We take the security of your information very seriously. To this end, we use several security techniques including secure servers, firewalls and encryptions, as well as physical safeguard of the locations where the data are stored. We have in place appropriate administrative, technical, physical safeguards and security measures to protect the personal data you provide to us against accidental, unauthorized or unlawful loss, destruction, damage, alteration, access, disclosure or use and any other unlawful forms of processing. When we collect data, we collect your personal details on a secure server. We use firewalls on our servers. When we collect payment card details electronically, we use encryption by using Secure Socket Layer (SSL) coding. Whilst we are unable to guarantee 100% security, this makes it hard for a hacker to decrypt your details. You are strongly recommended not to send full credit or debit card details in unencrypted electronic communications with us. We maintain physical, electronic and procedural safeguards in connection with the collection, storage and disclosure of your information. Our security procedures mean that we may occasionally request proof of identity before we disclose personal information to you. You are responsible for protecting against unauthorized access to your password and to your computer.
2. The information that is collected from you may be transferred to, stored and processed at any destination within and / or outside India. By submitting information to us, you agree to this transfer, storing and / or processing. We will take such steps as we consider reasonably necessary to ensure that your information is treated securely and in accordance with this Privacy Policy.
3. ‍In using the Services, you accept the inherent security implications of data transmission over the internet. Therefore, the use of the Website will be at your own risk and we assume no liability for any disclosure of information due to errors in transmission, unauthorised third party access or other acts of third parties, or acts or omissions beyond its reasonable control and you agree not to hold us responsible for any breach of security.
4. In the event we become aware of any breach of the security of your information, we will promptly notify you and take appropriate action to the best of its ability to remedy such a breach.

9. Exclusion

1. This Privacy Policy does not apply to any information other than information collected by us through the Website including such information collected in accordance with the clause on “Collection of Information” above. This Privacy Policy will not apply to any unsolicited information provided by you through this Website or through any other means. This includes, but is not limited to, information posted on any public areas of the Website. All such unsolicited information shall be deemed to be non-confidential and we will be free to use, disclose such unsolicited information without limitation.
2. We also protect your personal information off-line other than as specifically mentioned in this Privacy Policy. Access to your personal information is limited to employees, agents or partners and third parties who we reasonably believe will need that information to enable us to provide Services to you. However, we are not responsible for the confidentiality, security or distribution of your own personal information by our partners and third parties outside the scope of our agreement with such partners and third parties.

10. Data Retention

We will retain and use your information as necessary to comply with our legal obligations, resolve disputes, and enforce our agreements or for other business purposes. Subject to Clause 7 above (Non-Disclosure of Information), we will continue to retain information provided by you until you specifically request us to destroy such information. Upon verification of such request, we may, subject to our obligations pursuant to law, destroy all information provided by you from our servers.

11. Your Rights Under the DPDPA

In accordance with India’s Digital Personal Data Protection Act, 2023 (DPDPA), Floatr is committed to protecting your personal data and ensuring transparency in how it is collected, processed, and stored. As a user (“Data Principal”), you have the following rights:

Right to Be Informed

You have the right to clear and transparent information about how your personal data is collected, used, processed, stored, and shared. This Privacy Policy outlines these practices, and we will notify you of any material changes.

Right of Access

You may request confirmation on whether we process your personal data and request access to such data along with details regarding its processing.

Right to Rectification

If any personal data we hold about you is inaccurate, incomplete, or outdated, you have the right to request correction or updating of such information.

Right to Erasure (Right to Be Forgotten)

You may request deletion of your personal data where it is no longer necessary for the purpose it was collected, subject to legal, regulatory, or operational retention requirements.

Right to Restrict Processing

You may request restriction or limitation on the processing of your personal data in certain circumstances, such as when accuracy is contested or processing is unlawful.

Right to Data Portability

Where technically feasible, you may request a copy of your personal data in a structured, commonly used format and request transfer to another service provider.

Right to Object to Processing

You may object to the processing of your personal data for specific purposes, including direct marketing, profiling, or where processing is based on legitimate business interests.

Rights Related to Automated Decision-Making and Profiling

Where decisions are made solely through automated processing that significantly affect you, you have the right to request human review, clarification of the decision logic, and contest such decisions where applicable.

Exercising Your Rights

To exercise any of the above rights, or for any privacy-related concerns, you may contact:

Grievance Officer / Data Protection Contact:privacy@floatr.in

We will acknowledge and respond to your request in accordance with applicable legal timelines under the DPDPA.

12. Opt Out Procedures

Upon initial communication from us, you may opt-out of receiving further communications from us. To be completely removed from our mailing list, you may contact us at care@floatr.in If you are using an email forwarding service or other similar service, please make sure to include the correct email address or addresses.

13. Other Links and Widgets

1. The Website may contain links to other sites. The linked sites are not necessarily under our control. Please be aware that we are not responsible for the privacy practices of such other sites. We encourage you to read the privacy policies of each and every website that collects personally identifiable information. If you decide to access any of the third-party sites linked to the Website, you do this entirely at your own risk. Any links to any of our partners should be the responsibility of the linking party, and we will not be responsible for notification of any change in name or location of any information on the Website.
2. The Website includes social media features, such as widgets or interactive mini-programs that run on the Website. These features may collect your IP address, the page which you are visiting on the Website, and may set a Cookie to enable the feature to function properly. Social media features and widgets are either hosted by a third party or hosted directly on the Website. Your interactions with these features are governed by the privacy policy of the entity providing it and not the Company.

14. Notifications of Changes

1. We may update this Privacy Policy at any time, with or without advance notice. In the event there are significant changes in the way we treat your personally identifiable information, or in the Privacy Policy document itself, we will display a notice on the Website or send you an email informing you of such changes, so that you may review the changed terms prior to continuing to use the Website and our Services.
2. ‍Using the Company’s Services or accessing the Website after a notice of changes has been sent to you or published on the Website will constitute your consent to the changed terms

15. Address for Privacy Related Questions

‍We respect and are sensitive to the rights as granted in the data protection laws. Should you have questions about the Privacy Policy or our information collection, use and disclosure practices, you may contact us as per the details given hereinbelow. We will use reasonable efforts to respond promptly to requests, questions or concerns you may have regarding the use of your personal information.‍ Email: care@floatr.in ValueFloat Technologies Pvt Ltd‍.

Registered Address:No. 1-120, 1st Floor, CRE Spacez, 14th Main, Sector-5, HSR Layout, Bangalore 560102.

If you ever find the need to delete your Floatr account along with its associated data, you can easily initiate the process by submitting a request through our dedicated form. Here’s what you need to know:

Deletion Request Process:

Complete the account deletion request form, and once received, we will process it within 3 business days.

Reversal Period:

Following the initial processing, you have an additional 15 days to request a reversal if you change your mind. After this 15-day window, the deletion will be finalized and cannot be reversed. Reversal request must be sent to care@floatr.in along with the registered mobile number

Permanence of Deletion:

After the 15-day reversal period, your account and its data will be permanently deleted from our systems and it can’t be restored. To initiate the account deletion process, please use our delete account link.