By using the Website or providing the Client’s personal information for any other purpose, Client agrees to this Privacy Policy, and the Terms of Use of Website.

The main goal of Pygmalion Renaissance Private Limited (“Pygmalion”) is to help our clients get access to best of fund managers in the country, who may otherwise be accessible only to family offices and Institutions. Information is only collected if it directly supports features made for the Client. Pygmalion takes protection and proper use of such personal information seriously and is committed to protecting such personal information in Pygmalion’s possession.

This policy will help the Client understand the type of information collect, the purpose for which the information is collected; how the information is used; the intended recipients of such information; and how the information is protected. If you would like more details, please contact us at support@pygmalionwealth.com .

For the purposes of this policy, "Personal Information" means any information that can be used to identify you personally.

1.Using the Website:

If you are a visitor to the Website:

  • Pygmalion does not know who you are.
  • Pygmalion collects technical data about your interaction with the Website Services. We collect data about your interaction with our Website, such as pages visited and average time spent on the Website, your internet protocol address, the unique identifier of your device and device information such as operating system, operating system version, browser plugins, crashes, system activity, hardware settings, date and time of your request and referral URL, and cookies that may uniquely identify your browser.
  • We use this data to analyse how you use our Website and improve the services provided through the Website;

If you are a registered user, we use all the data collected to:

  • Respond to your queries about the Website;
  • Deliver to you any notices, alerts, or communications relevant to your use of the Website;
  • Offer you other products or services that we believe may be of interest to you. You have the option to opt-out of receiving such communication;
  • Aggregate your anonymised information with information from other registered users to perform market research, project planning, product development, troubleshoot problems, analyse user behaviour, marketing purposes, and promotions;
  • Enforce our Terms of Use of Website and other documents signed for availing our Services.

If you wish to start investing in mutual funds through Pygmalion:

  • You will be asked for basic registration information, such as an email address and password.
  • You will be asked to provide personal details including your name, address, age, marital status, sex, and income.
  • You will be asked for financial information like your bank account and other payment instrument details.
  • We use this information to:
    • Fulfil your requests for mutual fund investments and the related services we provide.
    • Comply with regulations to prevent fraud, money laundering or any other criminal activity.

2.How We Use Client’s Data

Your email address is used to send you updates regarding the Services. Your password is encrypted before being stored in our database and no one other than you know or has access to it. Under no circumstance do we know or share your password with anyone. In order to start investing through our Website, we will need to verify your identity. To do so, we may, directly or through third parties, use the identification information you provide to verify it against databases maintained by a KYC (Know Your Client) Registration Agency, registered under the Securities and Exchange Board of India {KYC (Know Your Client) Registration Agency} Regulations, 2011, and the Unique Identification Authority of India. We may also use your information to verify your identity in the event you contact us for assistance with the Site or Services.

3.How We Use Client’s Financial Information

We use your financial information to make investment recommendations, and to execute your investment instructions only.

Access Your Information

Your personal information is yours. If you have any questions about the accuracy or safety of your information, please do contact us at support@pygmalionwealth.com .

Disclosure of Information

a. Except as described in this Policy, under no circumstance will we sell or rent your personal information to anyone, for any reason, at any time. Just like any other financial services company, we use authorized third party service providers who are bound by the same standards of data security practices and procedures as we are under law and contract. They are subject to the same penalties as we are for the unauthorized disclosure of your personal information.

b. Pygmalion will send personally identifiable information about you to other companies or people only when any or all the following circumstances exist:

  • We have your consent to share the information;
  • We need to share your information to provide the product or service you have requested;
  • We need to share the information with certain service partners in order to respond to your comments or to resolve service issues. (Unless We tell you differently, these partners have no independent right to use this information except to respond to your comments or to resolve the service issues);
  • We will share your information with our Marketing Partners/Affiliates who are bound by strict contractual obligations of secrecy relating to privacy data and only on a need to know basis.
  • We respond to requests from any government, security, defence, revenue, regulatory or other authority, agency or officer;
  • We respond to Court summons, court orders or other legal process;
  • We find that your actions on our Website violate the Terms of Use or any of our usage guidelines for specific products or services.

We use authorized third-party service providers who are bound by the same standards of data security practices and procedures as we are under law and contract. They are subject to the same penalties as we are for the unauthorised disclosure of your personal information.

However, under Indian law, Pygmalion remains liable to you, our customer, for any unauthorised disclosure of your sensitive personal information.

Security Practices and Procedures

Pygmalion follows industry best practices, using open and known principles when transferring and storing your data. We believe the biggest threat to the security and privacy of your data is if someone – probably someone you know – gains access to any of your devices. Remember to keep your password safe and secret to prevent unauthorised access to your Pygmalion account. If you think that the security of your Pygmalion account has been compromised, change your password and contact us immediately for further assistance.

How Your Information is Transmitted

Your data is transmitted between your device and our servers using HTTPS protocol for encryption. HTTPS is the same technology used to create secure connections for your web browser and is indicated by a padlock icon in your browser.

Our Legal Obligation to You

We are bound by the (Indian) Information Technology Act, 2000, and comply with all its provisions (available here). Under Section 43A of the (Indian) Information Technology Act, 2000, Pygmalion’s Site and all its service providers are obliged to maintain reasonable security procedures to safeguard your data. Should there be any accidental disclosure of your personally identifiable personal information, you have the right to compensation from Pygmalion.

Under Regulation 5 of the Information Technology (Reasonable Security and Procedures and Sensitive Personal Data or Information) Rules, 2011, we are obliged to provide every registered user of Pygmalion with a readable copy of the personal information you have provided us. If you would like a copy, do get in touch with us at the address provided above.

Changes to This Privacy Policy

This Privacy Policy is published on the Website in compliance with Regulation 4 of the (Indian) Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Information) Rules, 2011. This Privacy Policy is published on the website in compliance with the regulations from time to time. We update this Privacy Policy periodically. If you do not agree with the terms of this Privacy Policy or any changes made to this Policy, you may please cease using all Services immediately and write to us.