Modern Algos Private Limited (hereinafter referred to as Modern Algos) operates the
website at www.modernalgos.com (“Site”).
We respect the privacy of each user of the Site (referred to as “you” or “a user”),
whether it’s your first time, or if you’ve visited our Site previously. This Privacy
Statement gives you specific information about how we protect your privacy, how
we treat information we collect on the Site that identifies an individual user (“Personal
Information”), and how we use aggregated information. BY REGISTERING FOR OR USING
THE SITE, YOU SIGNIFY YOUR ACCEPTANCE OF THIS PRIVACY STATEMENT. IF YOU DO NOT AGREE
TO THIS PRIVACY STATEMENT, YOU CANNOT USE THE SITE.
Location of servers and transfer of information to India - The Site is hosted by
servers in India. If you are located outside of India, your Personal Information
will be transferred to India. By submitting your Personal Information, you consent
to its transfer to the India and to its storage, processing, and use there in accordance
with this Privacy Statement.
1. COLLECTION AND USE OF YOUR PERSONAL INFORMATION
We collect your Personal Information, and in the case of account opening, background,
financial, and demographic information on the Site in order to enhance the services
we offer you. Such information may include your name, date of birth, contact number,
PAN, city of residence, email address, bank account details, scans/copies of document
proofs such as PAN, etc. We may hold this information indefinitely as required by
the law, for the purpose of offering you our services, and for other regulatory
and business purposes. We collect Personal Information from you only when you voluntarily
submit for purposes including but not limited to a) sales and account opening queries
b) account opening c) association enquiries, and others. We may use the information
for purposes including, but not limited to a) identity verification and background
checking for account opening b) personalising services offered to you c) keeping
you updated of our products and services relevant to you d) information pertaining
our services you’ve subscribed to d) for legal and regulatory purposes. Modern Algos
may have the requirement to collect Sensitive Personal Data or Information (“SPDI”)
OR Personal Information from you while offering their products and services due
to the nature of the products and services being offered. With regard to security,
we respect all information provided to us, and take all reasonable steps towards
protection of the same. We have implemented technology and policies, with the objective
of protecting your privacy from unauthorized access and improper use, and periodically
review the same. We maintain procedural safeguards to protect the confidentiality
and security of personally identifiable information transmitted to us.
2. COLLECTION OF NON-PERSONAL INFORMATION
Even if you do not send us any Personal Information, we collect information about
how you use our site (“Non-Personal Information”). This information cannot be used
to identify you personally and is explained in more detail below under “Non-Personal
Information”. Cookies A cookie is a small data file, often including an anonymous
unique identifier that is sent from a web site’s computer and stored on your computer’s
cookie to your browser if your browser’s preferences allow it, but (to protect your
privacy) your browser permits a web site to access only the cookies it has already
sent to you, not the cookies sent to you by other sites. You can configure your
browser to accept all cookies, reject all cookies, or notify you when a cookie is
sent. (Each browser is different, so check the “Help” menu of your browser to learn
how to change your cookie preferences.) You can reset your browser to refuse all
parts of the Site will not function properly and may not provide services or information
you have requested. For example, without cookies, we will not be able to provide
you with searches that you have asked us to save. Non-personal information Like
many sites, we obtain Non-Personal Information such as IP (internet protocol) addresses,
browser types, the name of your ISP (internet service provider), information about
where a user comes from before arriving at our Site, what pages a user visits, the
order of those pages, and the amount of time spent on each. A vendor performs this
service for us by sending a cookie to gather this information, compile it, and report
to us. We use Non-Personal Information to customize the advertising and content
you see, improve our services, conduct research, and provide anonymous aggregated
reporting for internal audits and third parties. We use the Personal Information
and the Non-Personal Information we collect on the Site (A) to provide you with
the services that you ask to receive through the Site, including saving searches
and, if you request it, sending you updates about those searches, (B) to receive,
if you choose, to receive periodic industry updates, (C) to answer your questions
or complaints, (D) inquiries about franchising opportunities and (E) for analytical
purposes to help us improve the Site and for our business generally
3. DISCLOSURE AND TRANSFER OF COLLECTED INFORMATION
We do not rent, sell, or share with third parties the Personal Information we collect
from you on this Site except (i) to provide information or services that you have
requested, (ii) with your permission, or (iii) under the following circumstances:
- Third party vendors we engage to provide services on our behalf, have access to
Personal Information, but they have agreed not to disclose the Personal Information
or to use it for any purpose other than providing the requested services.
- There may arise special circumstances where it is necessary for us to disclose and
use Personal Information and Non-Personal Information, such as: to enforce this
or rights; to protect the safety of anyone; to investigate, prevent, or take action
regarding illegal or improper activities; to carry out a merger or consolidation
with another entity, a sale or transfer of some or all of our assets, or any similar
transaction; or for other reasons we determine in good faith are necessary,appropriate,
or required by law, such as when we respond to subpoenas, court orders, or other
legal or administrative process.
- The Site may contain links to third-party web sites. If you hold your mouse over
a link, it will indicate whether clicking the link will send you off our Site. When
you click on those links, you will go to a third-party site where you will be subject
to that site’s privacy statement and we encourage you to read that policy statement.
Please be aware that we are not responsible for the privacy practices of those other
web sites and we expressly disclaim any liability for their actions, including actions
relating to the use and disclosure of Personal Information by those third parties.
We remind you to be aware of when you leave our Site and enter a third-party web
site, and again encourage you to read the privacy statement on any web site that
collects your Personal Information.
Our hosting services maintains its systems in accordance with reasonable industry
standards to reasonably secure the information of its customers.Your client account
information and your profile are password-protected so that you and only you have
access to this personal information. However, no data transmission over the Internet
can be guaranteed to be 100% secure. “Perfect security” does not exist on the Internet.
As a result, while we strive to protect your personal information,
www.modernalgos.com cannot ensure or warrant the security of any information
you transmit to us, and you use the Site at your own risk.
5. CORRECTION/UPDATING PERSONAL INFORMATION
If your Personal Information changes or if you no longer wish to use the Site, you
may correct or update your Personal Information or unsubscribe from any industry
updates you have requested by modifying or deleting your profile on the Site, writing
to customer service by sending an email to firstname.lastname@example.org.
6. COMMENTS AND QUESTIONS
If you have any questions or concerns about this Privacy Statement, please contact
us by writing to us at email@example.com.
7. SUBJECT TO CHANGE
to time, without any prior notification to the User, at the sole discretion of Modern
to determine whether there have been any revisions or updates.