Legal · Privacy

Privacy Policy

Effective Date: [PRE-LAUNCH DRAFT]
On this page
  1. 1. Scope & who we are
  2. 2. Information we collect
  3. 3. How we use your information
  4. 4. Our legal basis for processing
  5. 5. Cross-border transfer & the LRS context
  6. 6. Who we share information with
  7. 7. Cookies & tracking
  8. 8. Data security
  9. 9. Data retention
  10. 10. Your rights
  11. 11. Children's privacy
  12. 12. Grievance officer
  13. 13. Changes to this policy
  14. 14. Contact us

01 Scope & who we are

This Privacy Policy explains how Splitshare Technologies Private Limited ("Splitshare", "SplitStock", "we", "us") collects, uses, shares, and protects information when you visit this website, join our waitlist, use the demo, or — once SplitStock launches — use the SplitStock platform itself.

SplitStock is a product of Splitshare Technologies Private Limited, a company incorporated in India (CIN U74909UP2025PTC235707), registered office in Greater Noida, Uttar Pradesh. By using our website or product, you agree to the practices described here.

02 Information we collect

We collect different information depending on how you interact with us:

  • Waitlist & contact information: your name and email address when you join the waitlist or contact us.
  • Account & KYC information (at launch): full name, date of birth, PAN, address, phone number, bank account details, and identity documents required to comply with KYC and FEMA/LRS regulations.
  • Transaction information (at launch): remittance amounts, the securities you hold, order history, and related financial records.
  • Device & usage information: IP address, browser type, pages visited, and approximate location, collected automatically when you use our website.
  • Information from partners: verification results from KYC providers, and confirmations from our banking and brokerage partners, once those partnerships are finalised.

The demo on this site does not collect or store anything you enter — it runs entirely in your browser and is discarded when you close or refresh the page.

03 How we use your information

  • To notify you when early access opens and to run the waitlist.
  • To verify your identity and eligibility under Indian KYC and FEMA/LRS rules.
  • To process remittances and execute fractional share purchases on your behalf through our brokerage and banking partners.
  • To generate the tax and foreign-asset reporting information (such as Schedule FA inputs) referenced on our homepage.
  • To detect and prevent fraud, and to meet our regulatory and legal obligations.
  • To improve our website and product, and to respond to your support requests.

We do not sell your personal information to third parties.

04 Our legal basis for processing

We process your personal data in accordance with the Digital Personal Data Protection Act, 2023 (DPDP Act). We rely on your explicit consent (for example, when you join the waitlist) and legitimate uses under the DPDP Act (such as to perform a contract with you, or to comply with our legal obligations under Indian law, including KYC, anti-money-laundering, and tax-reporting requirements).

05 Cross-border transfer & the LRS context

Because SplitStock facilitates investment in foreign (primarily US-listed) securities under the Reserve Bank of India's Liberalised Remittance Scheme (LRS), some of your information will necessarily be shared with parties outside India — for example, the US broker or custodian that holds the underlying shares, and the payment rails used to remit funds abroad.

In plain terms

Your money is leaving India to buy a real US stock, so the people who help that transaction happen — banks, brokers, custodians — will see what's necessary to complete it. We only share what's required for that purpose.

Any such transfer will be made with appropriate contractual and security safeguards, and in compliance with applicable Indian data protection law, including the Digital Personal Data Protection Act, 2023, once it is in force for entities like ours.

06 Who we share information with

  • Regulators: RBI, SEBI, income-tax authorities, and other government bodies, where legally required.
  • KYC & verification partners: to confirm your identity before onboarding.
  • Banking & brokerage partners: to execute remittances and fractional share purchases once those partnerships are finalised.
  • Service providers: email delivery, analytics, and customer-support tools that act only on our instructions.
  • Legal & safety: where required to comply with a law, regulation, or valid legal process, or to protect the rights and safety of our users.

07 Cookies & tracking

Our website may use essential cookies to remember basic preferences, and analytics cookies to understand how visitors use our site so we can improve it. You can control cookies through your browser settings; blocking them may affect how parts of the site work.

08 Data security

We use industry-standard safeguards — including encryption in transit, access controls, and regular review of our systems — to protect your information. No system is completely secure, and we encourage you to use a strong, unique password and to contact us immediately if you suspect unauthorised access to your account.

09 Data retention

Waitlist data will be retained for no longer than 24 months if we do not launch. Once SplitStock launches, we will retain KYC, transaction, and tax-related records for as long as required under applicable Indian financial and tax regulations, even after you close your account.

10 Your rights

Subject to applicable law, you can ask us to:

  • Confirm what personal information we hold about you, and access a copy of it.
  • Correct inaccurate or incomplete information.
  • Withdraw consent for processing that relies on consent, such as marketing emails.
  • Delete your information, where we are not legally required to keep it (for example, KYC and tax records have mandatory retention periods).
  • Nominate a representative in the event of death or incapacity (as per DPDP Act Section 14).
  • Have your grievance heard and resolved, as described in section 12 below.

To exercise any of these rights, write to us at ceo@splitshare.tech.

11 Children's privacy

SplitStock is not directed at, and may not be used by, anyone under 18 years of age. We do not knowingly collect personal information from minors. If you believe a minor has provided us with personal information, please contact us so we can delete it.

12 Grievance officer

In accordance with the Digital Personal Data Protection Act, 2023, we have designated a Grievance Officer to address any concerns about your information.

Grievance Officer

Name: [Yash Yadav]

Email: [ceo@splitshare.tech]

Address:

We will acknowledge complaints promptly and aim to resolve them within the timelines prescribed by applicable law. If your grievance is not resolved to your satisfaction, you have the right to escalate the matter to the Data Protection Board of India.

13 Changes to this policy

We may update this Privacy Policy from time to time as our product, partnerships, and regulatory status evolve. We will post the updated version here with a new "Last Drafted" or "Effective Date," and where changes are material, we will make reasonable efforts to notify you directly.

14 Contact us

If you have questions about this Privacy Policy or how we handle your information, write to us at ceo@splitshare.tech, or by post at: Splitshare Technologies Private Limited, Greater Noida, Uttar Pradesh, India.