Terms and Conditions for Stockly

Last Updated: June 28, 2025

Version: 3.0

PREAMBLE: YOUR BINDING AGREEMENT

This document constitutes a legally binding End-User License Agreement ("EULA" or "Terms") for the software product known as Stockly (defined below).

This is an agreement between you, the end-user ("User," "you," "your"), and the independent software developer, Jigyansu Rout ("the Developer," "I," "me," "my").

BY INSTALLING, COPYING, ENABLING, OR OTHERWISE USING THE SOFTWARE, YOU ACKNOWLEDGE THAT YOU HAVE READ THESE TERMS, UNDERSTAND THEM, AND AGREE TO BE IRREVOCABLY BOUND BY THEM IN THEIR ENTIRETY. IF YOU DO NOT AGREE, YOU MUST NOT INSTALL OR USE THE SOFTWARE AND MUST DELETE ALL COPIES IN YOUR POSSESSION.

ARTICLE I: DEFINITIONS

  1. "Software" refers to the Google Chrome browser extension known as "Stockly," including all of its components, source code, object code, features, functions, and accompanying documentation.
  2. "Broker Platforms" refers to the third-party stockbroker web platforms upon which the Software is designed to operate, specifically and exclusively Groww and Zerodha.
  3. "AI Insights" refers to any and all commentary, analysis, data, suggestions, or text generated by the third-party AI service and displayed by the Software.
  4. "User Data" refers to the financial portfolio information read by the Software from the User's active session on a Broker Platform, including but not limited to stock tickers, quantities, purchase prices, and market values.
  5. "Third-Party Services" refers to any external service the Software depends on, including the Broker Platforms and the SARVAM AI API.

ARTICLE II: SCOPE OF LICENSE AND SOFTWARE FUNCTIONALITY

  1. Grant of License: Subject to your strict compliance with these Terms, the Developer grants you a limited, non-exclusive, non-transferable, non-sublicensable, and fully revocable license to install and use one (1) copy of the Software on a single Google Chrome browser profile that you legitimately control.
  2. Functional Description: The Software is a tool designed to a) read User Data from the Document Object Model (DOM) of the Broker Platform's webpage locally within your browser, b) store this User Data on your device's local browser storage, and c) send anonymized, non-personal queries derived from this User Data to a Third-Party Service (SARVAM AI) to receive and display AI Insights.
  3. Data Handling Specifics:
    1. Local Storage: The Software is architected so that your personally identifiable User Data (e.g., your complete portfolio holdings and values) DOES NOT LEAVE YOUR COMPUTER. It is never transmitted to, logged by, or stored on any server owned or controlled by the Developer.
    2. Anonymized Queries: To generate AI Insights, a query is sent to the SARVAM AI API. This query is intentionally stripped of personal identifiers. For example, a query might be structured as: {'query': 'Provide analysis for a portfolio containing [TCS, INFY, WIPRO] with an allocation of [40%, 35%, 25%]'}. This query contains no information about you, your total portfolio value, or your identity.
  4. Software Limitations - What it DOES NOT Do:
    1. The Software has read-only access to webpage content. It cannot and does not execute trades, place orders, or perform any write operations on your brokerage account.
    2. The Software does not ask for, store, or have access to your Broker Platform login credentials (username or password).
    3. The Software is not a standalone application and is entirely dependent on an active, user-authenticated session on a supported Broker Platform within a compatible version of Google Chrome.

!! WARNING: RISK OF FINANCIAL LOSS !!

YOUR USE OF THIS SOFTWARE IS AN EXPLICIT ACKNOWLEDGEMENT THAT YOU UNDERSTAND AND ACCEPT THE FOLLOWING TERMS. NON-COMPLIANCE OR MISUNDERSTANDING DOES NOT MITIGATE YOUR RESPONSIBILITY.

ARTICLE III: PARAMOUNT FINANCIAL DISCLAIMERS AND USER WARRANTIES

  1. NOT FINANCIAL ADVICE: The Software is an automated, impersonal technology tool. All AI Insights are for informational, educational, and illustrative purposes ONLY. They are not tailored to your specific financial situation, risk tolerance, or investment objectives. The content provided is absolutely not, and shall never be construed as, financial advice, investment advice, research reports, trading recommendations, or a solicitation to buy or sell any security.
  2. NO SEBI REGISTRATION: The Developer, Jigyansu Rout, is an independent software creator, NOT a financial professional. The Developer is not registered with the Securities and Exchange Board of India (SEBI) as an Investment Advisor, Research Analyst, or any other regulated entity. The Software and its output are not subject to the regulatory oversight applicable to professional financial services.
  3. USER'S ACKNOWLEDGEMENT AND WARRANTY: By using the Software, you represent and warrant that you understand and agree that:
    1. You are solely and exclusively responsible for conducting your own independent research and due diligence.
    2. You are solely and exclusively responsible for all of your investment decisions and their resulting consequences, including any and all financial gains or losses.
    3. You will not hold the Developer liable or responsible in any way for any decisions, actions, or outcomes related to your use of the Software.
  4. Data Latency and Accuracy: The User Data displayed by the Software is merely a reflection of the data present on the Broker Platform's webpage at the moment of extraction. This data may not be real-time and may be subject to delays or inaccuracies from the Broker Platform itself. The Developer does not guarantee the timeliness or accuracy of any data.
  5. Forward-Looking Statements: AI Insights may contain statements that constitute "forward-looking statements." These are predictions, projections, or other statements about future events. These are inherently uncertain, speculative, and subject to numerous risks. Do not place any reliance on such statements.

ARTICLE IV: DISCLAIMERS, EXCLUSIONS, AND ABSOLUTE LIMITATION OF LIABILITY

  1. "AS IS, WHERE IS, WITH ALL FAULTS": THE SOFTWARE IS PROVIDED TO YOU ON A STRICTLY "AS IS," "WHERE IS," AND "AS AVAILABLE" BASIS, WITH ALL FAULTS AND DEFECTS, AND WITHOUT WARRANTY OF ANY KIND. THE ENTIRE RISK AS TO THE QUALITY, PERFORMANCE, AND ACCURACY OF THE SOFTWARE IS WITH YOU.
  2. ABSOLUTE DISCLAIMER OF ALL WARRANTIES: TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE DEVELOPER EXPRESSLY DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE. THIS INCLUDES, BUT IS NOT LIMITED TO, ANY AND ALL IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, AND ANY WARRANTY THAT MAY ARISE FROM A COURSE OF DEALING, COURSE OF PERFORMANCE, OR USAGE OF TRADE. THE DEVELOPER SPECIFICALLY DISCLAIMS ANY WARRANTY THAT THE SOFTWARE IS FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS.
  3. NO GUARANTEE OF FUNCTIONALITY OR CORRECTION: The Developer does not warrant that the Software will meet your requirements, operate without interruption, be compatible with future versions of browsers or Broker Platforms, or that any errors or defects can or will be corrected.
  4. NO SUPPORT OBLIGATION: You acknowledge that the Developer has no obligation whatsoever to provide maintenance, technical support, updates, bug fixes, or new versions of the Software.
  5. LIMITATION OF LIABILITY: TO THE FULLEST EXTENT PERMITTED BY THE GOVERNING LAW OF INDIA, IN NO EVENT SHALL THE DEVELOPER (JIGYANSU ROUT) BE LIABLE FOR ANY DIRECT, INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR ANY OTHER TYPE OF DAMAGES, INCLUDING, WITHOUT LIMITATION, DAMAGES FOR:
    1. ANY AND ALL FINANCIAL LOSSES, including loss of principal, profits, or trading losses.
    2. Loss of data, corruption of data, loss of use, or business interruption.
    3. Any other commercial or intangible damages or losses.
  6. LIABILITY CAP: Should a court of competent jurisdiction find the Developer liable for any reason despite the foregoing, the Developer's total aggregate liability to you for any and all claims arising from or related to this agreement or the Software shall be limited to the greater of (a) one hundred Indian Rupees (INR ₹100) or (b) the total amount, if any, paid by you to the Developer for the Software (which is zero).
  7. BASIS OF THE BARGAIN: You acknowledge and agree that the limitations and exclusions of liability and warranty form an essential basis of the bargain between you and the Developer, and that the Developer would not be able to provide the Software to you on a free-of-charge basis without such limitations.

ARTICLE V: USER OBLIGATIONS AND PROHIBITED CONDUCT

  1. User Representations: You represent and warrant that you are at least 18 years of age and have the legal capacity to enter into this agreement.
  2. Lawful Use: You are responsible for ensuring that your use of the Software is in full compliance with all applicable local, national, and international laws and regulations.
  3. Prohibited Conduct: You explicitly agree that you will not, and will not permit any third party to:
    1. Decompile, reverse engineer, disassemble, or otherwise attempt to derive the source code for the Software.
    2. Modify, adapt, translate, or create derivative works based on the Software.
    3. Rent, lease, lend, sell, sublicense, assign, distribute, publish, transfer, or otherwise make the Software available.
    4. Remove, delete, alter, or obscure any trademarks or any copyright, trademark, patent, or other intellectual property or proprietary rights notices.
    5. Use the Software in any way that could damage, disable, overburden, or impair the Third-Party Services it relies upon.
    6. Use the Software for any high-risk activities where the failure of the Software could lead to death, personal injury, or severe financial or environmental damage.
    7. Circumvent or bypass any measures the Developer may use to prevent or restrict access to the Software or its features.

ARTICLE VI: MISCELLANEOUS PROVISIONS

  1. Intellectual Property & Feedback: The Software is licensed, not sold. The Developer retains all right, title, and interest in and to the Software. If you provide any suggestions, ideas, or feedback to the Developer ("Feedback"), you hereby grant the Developer a perpetual, irrevocable, worldwide, royalty-free, and fully paid-up license to use, implement, and commercialize such Feedback in any manner without any obligation or compensation to you.
  2. Indemnification: You agree to indemnify, defend, and hold harmless the Developer (Jigyansu Rout) from and against any and all claims, liabilities, damages, losses, costs, expenses, or fees (including reasonable attorneys' fees) that arise from your use of the Software or your violation of these Terms.
  3. Governing Law and Jurisdiction: These Terms are governed by and construed in accordance with the laws of the Republic of India, without regard to its conflict of law principles. You agree to submit to the exclusive jurisdiction of the competent courts located in the state where the Developer resides in India.
  4. Force Majeure: The Developer will not be liable for any failure to perform his obligations hereunder where such failure results from any cause beyond the Developer's reasonable control, including, without limitation, mechanical, electronic, or communications failure or degradation, or failure of Third-Party Services.
  5. Severability and Waiver: If any provision of these Terms is held to be unenforceable or invalid, such provision will be interpreted to accomplish its objectives to the greatest extent possible under applicable law, and the remaining provisions will continue in full force and effect. No waiver of any breach of any provision of these Terms will constitute a waiver of any prior, concurrent, or subsequent breach of the same or any other provisions hereof.
  6. Entire Agreement: These Terms constitute the entire and exclusive agreement between you and the Developer concerning the Software and supersede all prior understandings, whether oral or written.