This document is an electronic record in terms of the Information Technology Act, 2000 and the rules framed thereunder. This electronic record is generated by a computer system and does not require any physical or digital signatures.
1. What we do
We provide a platform through which the new and growing businesses and registered users can interact with each other for the purpose of evaluating a potential business relationship and through such platform, facilitate the validation of the business ideas provided by the businesses as well as effective and secure communication between such businesses and other users. We may also provide certain offline services which may include but not be limited to conducting seminars, workshops and providing an opportunity to the users of the Website to interact with other users of the Website offline.
2. Emails, Newsletters and Notifications
If You wish to subscribe to Our newsletter(s) or receive notifications or e-mails from Us, We will use Your name and latest e-mail address provided by You in this regard. However, You may choose to stop receiving Our newsletters by following the instructions to unsubscribe as included in these e-mails or You can contact Us at email@example.com.
3. Intellectual Property
This Website is operated by and is the sole property of LetsVenture. Any and all material on this Website, including images, illustrations, audio and video clips are protected by copyrights, trademarks, and other intellectual property rights that are owned by Us or by other parties that have licensed such material to Us, or such parties having ownership of content uploaded on the Website. You agree that any and all material displayed on the Website is solely for Your personal use and You shall not, whether directly or indirectly, copy, reproduce, republish, post, upload, transmit or distribute such material in any manner and through any media including by way of e-mail or other electronic means and You shall not assist any other person in doing so. Modification of the said materials or use of the materials on any other website or networked computer environment or use of the materials for any purpose other than personal use is a violation of the said copyrights, trademarks and other intellectual proprietary rights, and is expressly prohibited.
4. Prohibited Uses
The Website may be used only for lawful purposes. LetsVenture specifically prohibits any use of the Website for and You agree not to use the Website for any of the following purposes:
(1) Modifying, publishing, transmitting, distributing, displaying, performing, participating in the transfer or sale of, create derivative works on, or in any way exploiting, any of the copyrighted material contained on the Website, in whole or in part, without Our prior written consent; or
(2) Subleasing, leasing, selling, assigning, transferring, distributing, renting, permitting concurrent use of, or granting other rights in the content and any material and documentation provided on the Website to any third party; or
We reserve the right at any time and from time to time, in Our sole discretion, to modify the content on the Website or any part thereof, including the transmission of any related materials or documentation, with or without providing prior notice to You. We further reserve the right at any time and from time to time, at Our sole discretion, to alter, modify or terminate any content or features contained on the Website without providing to You prior notice of such alteration, modification or termination. You agree that LetsVenture shall not be liable to You or to any third party claiming through You, for any modification of the content or features provided on the Website.
6. System Limitations and Failures
We use internally developed systems for providing You access to and facilitating Your use of the Website. These systems may encounter technical or other limitations, and computer and communications hardware systems might experience interruptions. Further, We continually enhance and improve these systems in order to accommodate the level of use of the Website. We may also add additional features and functionality to Website that might result in the need to develop or license additional technologies. Increased utilization of the Website or providing new features or functionality may cause unanticipated system disruptions, slower response times, degradation in levels of customer service, and delays in reporting accurate financial information. You agree that We shall not be liable to You or to any third party claiming through You, for any such failures contemplated herein.
7. Privacy and Confidentiality
You agree that Your obligations under this Clause 7 are necessary and reasonable in order to protect Our business and expressly agree that monetary damages would be inadequate to compensate for any breach of any covenant or agreement set forth herein. Accordingly, You agree and acknowledge that any such violation or threatened violation will cause irreparable harm and injury to LetsVenture and that, in addition to any other remedies that may be available, in law, equity or otherwise, LetsVenture shall be entitled to obtain injunctive relief against the threatened breach of the terms of this Clause or the continuation of any such breach.
8. Links to / from other Websites
The Website may contain link/s to various other websites. These links are provided solely for Your convenience and benefit. Wherever such link/s lead to websites which are not owned by or belong to LetsVenture, We shall not be responsible for the content, products and services provided on such linked sites. We do not warrant or make any representations regarding the correctness or accuracy of the content on such websites. If You decide to access such linked websites, You do so at Your own risk. We do not in any way endorse the linked websites.
Similarly, this Website can be made accessible through a link created by other websites. Access to this Website through such link/s shall not mean or be deemed to mean that the objectives, aims, purposes, ideas, concepts of such other websites or their aim or purpose in establishing such link/s to this Website are necessarily the same or similar to the idea, concept, aim or purpose of Our Website or that such links have been authorized by Us. We are not responsible for any representation/s of such other websites while affording such link and no liability can arise upon LetsVenture consequent to such representation, its correctness or accuracy. In the event that any link/s afforded by any other website/s derogatory in nature to the objectives, aims, purposes, ideas and concepts of this Website, is utilized to visit this Website and such event is brought to the notice or is within the knowledge of LetsVenture, civil or criminal remedies as may be appropriate shall be invoked.
You are prohibited from violating or attempting to violate the security of the Website, including, without limitation: (a) accessing data not intended for You or logging into an account which You are not authorized to access; (b) attempting to probe, scan or test the vulnerability of a system or network or to breach security or authentication measures without proper authorization; or attempting to interfere with service to any user, host, or network.
You shall not misuse this Website by knowingly introducing viruses, trojans, worms, logic bombs or other materials that are malicious or technologically harmful (together “Viruses”). You must not attempt to gain unauthorized access to our Website, the server on which the Website is stored or any server, computer or database connected to this Website. You must not attack this Website via a denial-of-service attack.
By breaching the provisions of this Clause 9, you may be liable to be prosecuted under the Information Technology Act, 2000 and any other applicable law. We will report any such breach to the relevant law enforcement authorities and we will co-operate with such authorities by disclosing Your identity to them. In the event of such a breach, Your rights to use this Website will cease immediately.
We will not be liable for any loss or damage caused by a denial-of-service attack or Viruses that may infect your computer equipment, computer programs, data or other proprietary material due to Your use of this Website or to your downloading of any material posted on it, or on any website linked to it.
You agree to immediately report to Us all incidents involving suspected or actual unauthorized access, disclosure, alteration, loss, damage, or destruction of data.
All electronic communications and content presented and / or passed to Us, including that presented and / or passed from remote access connections, may be monitored, examined, saved, read, transcribed, stored, or retransmitted in the course of daily operations by any duly authorized employee or agent of LetsVenture in the exercise of their duties, or by law enforcement authorities who may be assisting LetsVenture in investigating possible contravention / non-compliance with applicable law. Electronic communications and content may be examined by automated means. Further, LetsVenture has the right to reject, at its sole discretion, from the Website any electronic communications or content deemed not to be in compliance with the corporate policies and procedures of LetsVenture.
You acknowledge and agree that, upon termination, You shall immediately destroy any copies made of any portion of the content contained on the Website. You acknowledge and agree that LetsVenture shall not be liable to You or any third party claiming through You, for any suspension or termination of access to Website.
12. Disclaimer of Warranties and Limitation of Liability
LetsVenture does not endorse or act on behalf of any third party. In the event You engage the services of / interact with any third party, through the Website, LetsVenture will not be liable to You for any act or omission by such third party in relation thereto.
We hereby expressly disclaim all warranties and representations of any kind with respect to any and all content and features available on the Website, including but not limited to (a) warranties as to merchantability or use for a particular purpose whether or not LetsVenture knows or has reason to know or has been advised of any such purpose or (b) warranties as to any results to be obtained from any use of the LetsVenture content or information derived from use of the Website.
LetsVenture shall have no liability for any losses, direct or indirect, in contract, tort, or otherwise, incurred in connection with the LetsVenture content on the Website, including but not limited to loss of revenue or profit or any other commercial or economic loss or for any decision made or action taken by any third party in reliance upon the LetsVenture content.
You agree to indemnify and hold LetsVenture harmless from any claim or demand, including reasonable attorney's fees and expenses, made by any third party due to or arising out of Your use of the Website, the violation of the terms of this Agreement by You, or Your infringement of any intellectual property or other right of any person or entity, or as a result of any threatening, libelous, obscene, harassing or offensive material posted / transmitted by You on the Website .
13. Foreign Jurisdictions
LetsVenture makes no representation that the content contained on the Website is appropriate or to be used or accessed outside of the Republic of Singapore. If You use or access the Website from outside the Republic of Singapore, You do so at Your own risk and are responsible for compliance with the laws of such jurisdiction. 14. Governing Law and Dispute Resolution
There shall be one (1) arbitrator and the venue of arbitration shall be Singapore.
The language of the arbitration proceedings and of all written decisions and correspondence relating to the arbitration shall be English.
16. No Waiver