Privacy Policy

INTRODUCTION

This Privacy Policy (“Policy”) outlines the manner in which Negen Wealth Private Limited (“Negen Wealth” / “Company” / “we” / “us” / or “our”) collects, uses, discloses, and protects the personal data of users (“you” or “your”) who access and use the Company's website – www.negenwealth.com (“Website”) and any associated services.

By accessing the Website or utilizing the Company’s services, you hereby consent to the terms and conditions of this Policy. In the event that you do not agree with any provisions herein, you are advised to discontinue the use of the Website and related services immediately.

This Privacy Policy shall be deemed to extend and apply to all subsidiaries, affiliates, associate entities, joint ventures, and group companies of Negen Wealth (collectively referred to as “Group Entities”). Any reference to the “Company,” “we,” “us,” or “our” within this Policy shall, unless the context otherwise requires, include such Group Entities. This Policy is effective from 1st April 2024.

COLLECTION OF INFORMATION

Negen Wealth, its officers, employees and agents collect information (which can include sensitive personal information) to assist us in our relationship with you. If you are unable to provide information, we may not be able to provide you with the service you have requested. We may also be required by law to collect information. The types of information collected can include:

1. Personal identity information such as postal address, email address, etc
2. Information which relates to your financial affairs, business, employment, income or assets
3. Information which arises or is required in connection with the transactions you do with Negen Wealth or through Negen Wealth
4. Information which helps Negen Wealth process applications made by you for particular products and services
5. Information relevant for product marketing
6. Information from Brokerage Agreements, Managed Account Agreements and other Subscription and Account Opening Documents;
7. Information in the course of establishing a customer relationship including, but not limited to, applications, forms, and questionnaires;
8. Information about your transactions with Negen Wealth or others.

USE OF COLLECTED INFORMATION

The Company may use your personal data for the following purposes:

1. To provide, personalize, and enhance the wealth management services rendered to you;
2. To communicate with you in relation to the services, including responding to inquiries, providing updates, and issuing notices regarding your account;
3. To fulfill legal obligations, including but not limited to, Know Your Customer (KYC) norms, Anti-Money Laundering (AML) regulations, and other compliance mandates;
4. To enhance the functionality and user experience of our Website and services;
5. For marketing purposes, only with your explicit consent, including sending promotional materials, newsletters, and service-related updates;
6. To analyze usage trends and optimize our service offerings.

DISCLOSURE OF INFORMATION

While we will not generally disclose your personal information, we may do so if we are:

1. Required to do so by law, any Government authority, any court order, decree or award, or
2. Trying to protect against or prevent actual or potential fraud or unauthorized transactions, or
3. Investigating fraud which has already taken place, or
4. Required to do so to market intermediaries, agents, product developers in relation to investments made by you, or
5. To third-party service providers who assist in the provision of services, including but not limited to financial advisors, payment processors, and IT infrastructure providers. Such third parties are contractually bound to ensure confidentiality and data security, or
6. In any other circumstances where you have explicitly consented to the disclosure of your personal data.

CONFIDENTIALITY AND SECURITY

Negen Wealth’s employees understand the requirement to respect the confidentiality of customers’ non-public personal information and Negen Wealth periodically trains and educates employees in the handling and safeguarding of personal information in accordance with applicable laws, rules, and regulations. Additionally, Negen Wealth maintains physical, procedural and electronic safeguards in an effort to ensure the security and confidentiality of customer records and to protect the information from access by unauthorized parties. Employees who violate these policies are subject to disciplinary action, up to and including termination.

COMMITEMENT TO INFORMATION SECURITY

Your personal information is kept secure. We comply with the relevant security principles set out in the applicable privacy laws of India. We are not bound by privacy laws of any jurisdiction other than India. Only employees of Negen Wealth, its authorised agents and advisors (who have agreed to maintain confidentiality in relation to the information) and market intermediaries and product developers with respect to investments made by you will have access to this information.

AMENDMENTS TO PRIVACY POLICY

The Company reserves the right to amend, modify, or update this Policy at its sole discretion. Any changes will be communicated through a revised Policy posted on the Website. Your continued use of the Website following the posting of amendments constitutes acceptance of the revised Policy.

CONTACT INFORMATION

For any inquiries or complaints regarding this Policy, or to exercise your rights, please contact us at:

Negen Wealth Private Limited

Address:	1609, 16th Floor, Lodha Codename No 1, One Lodha Place, Senapati Bapat Marg, Lower Parel, Delisle Road, Mumbai – 400013
Email:	compliance@negenwealth.com
Tel:	+91 22 4824 9981