Terms of Service

01 Acceptance of terms

These Terms of Service ("Terms") govern your access to and use of this website, the demo, the waitlist, and the SplitStock product once launched, all operated by Splitshare Technologies Private Limited ("Splitshare", "SplitStock", "we", "us"). By using any of these, you agree to be bound by these Terms.

02 Eligibility

To join the waitlist or use SplitStock, you must be:

• At least 18 years old.
• A resident individual of India, as defined under FEMA, eligible to remit funds abroad under the Reserve Bank of India's Liberalised Remittance Scheme (LRS).
• In possession of a valid PAN and any other documentation required to complete KYC.
• Legally permitted to use our services under the laws applicable to you.

We may decline to onboard, or may suspend, any user who does not meet these requirements.

03 Nature of the service

SplitStock is currently in early access / pre-launch. We are in the process of establishing the regulatory and brokerage partnerships required to operate. Until SplitStock formally launches:

• Joining the waitlist does not create an account, hold any funds, or constitute an investment of any kind.
• The demo on this website is a simulation only — no real money moves, no real shares are purchased, and no account is created.

Once launched, SplitStock intends to operate strictly as a technology platform connecting Indian residents with licensed banking and brokerage partners (such as Alpaca India and Alpaca Securities LLC) to facilitate the acquisition of fractional interests in US-listed securities within the framework of the LRS. SplitStock is not a registered broker-dealer, investment adviser, or bank, and does not hold client funds or securities.

04 Account & KYC

To use SplitStock, you will need to complete identity verification (KYC) in line with Indian regulatory requirements. You are responsible for keeping your account credentials confidential and for all activity that occurs under your account. Notify us immediately at ceo@splitshare.tech if you suspect unauthorised use of your account.

05 Fees & charges

Our fee structure — including any platform fee, foreign exchange markup, and brokerage charges — will be published in full before SplitStock launches and before you make any investment. [Fee schedule to be finalised and inserted here once brokerage and banking partnerships are confirmed.]

06 Risk disclosures

In addition to general market risk, investing through SplitStock will carry:

• Currency risk: movements in the USD/INR exchange rate will affect the rupee value of your holdings, independent of how the underlying stock performs.
• Regulatory risk: changes to LRS limits, FEMA rules, or tax treatment of foreign assets could affect your ability to invest or the returns you receive.
• Liquidity risk: selling fractional shares may take longer, or be subject to different conditions, than selling on a domestic exchange.
• Technology & execution risk: as with any digital platform, outages or processing delays could affect the timing of your transactions.

07 LRS & FEMA compliance

All cross-border transactions made through SplitStock are governed by the Liberalised Remittance Scheme (LRS). You are responsible for ensuring that your use of SplitStock complies with applicable FEMA guidelines, including the annual remittance limit set by the RBI from time to time, and for any tax reporting obligations that result from holding foreign assets, including Schedule FA disclosures.

08 Prohibited use

You agree not to: provide false information during KYC; use SplitStock for money laundering or any unlawful purpose; attempt to circumvent LRS limits by using multiple identities; interfere with or attempt to gain unauthorised access to our systems; or use automated means to scrape or misuse this website.

09 Intellectual property

All content on this website and within SplitStock — including our name, logo, design, and the certificate-of-ownership format used in the demo — is the property of Splitshare Technologies Private Limited and may not be copied or reused without our permission.

10 Third-party services

SplitStock relies on third-party banking, brokerage, and KYC partners to function. We are not responsible for the acts or omissions of these independent third parties, though we select them with reasonable care and require them to meet applicable regulatory standards.

11 Disclaimers & limitation of liability

This website, the demo, and the waitlist are provided "as is," without warranties of any kind. To the fullest extent permitted by law, Splitshare Technologies Private Limited will not be liable for any indirect, incidental, or consequential loss arising from your use of this website or, once launched, the SplitStock product — except where such liability cannot be excluded under Indian law, or where it results from our gross negligence, wilful misconduct, or where such exclusion is prohibited under the Consumer Protection Act, 2019 or applicable SEBI/IFSCA regulations.

12 Suspension & termination

We may suspend or terminate your access to SplitStock if you breach these Terms, if required by a regulator or law-enforcement authority, or to protect the integrity of our platform. You may stop using our services, or ask to be removed from the waitlist, at any time by contacting us.

13 Governing law & disputes

These Terms are governed by the laws of India. Any dispute arising out of or relating to these Terms will be subject to the non-exclusive jurisdiction of the courts at Gautam Buddha Nagar, Uttar Pradesh (preserving your rights under the Consumer Protection Act, 2019 to file complaints at your place of residence), unless mandatorily governed by a specific regulatory forum (such as a SEBI-prescribed grievance mechanism) once SplitStock is operational.

14 Changes to these terms

We may update these Terms as our product, partnerships, and regulatory status evolve — particularly before SplitStock formally launches. We will post the updated version here, and where changes are material, we will make reasonable efforts to notify you directly.

15 Contact us

Questions about these Terms can be sent to ceo@splitshare.tech, or by post to: Splitshare Technologies Private Limited, Greater Noida, Uttar Pradesh, India.