📋 StoriesLift – Privacy Policy

Simple, clear, India-compliant

Last updated: January 2024

1. Introduction

StoriesLift respects your privacy as an investor and user of our platform.

This Privacy Policy explains:

  • What data we collect from investors
  • Why we collect it
  • How we use it
  • How we protect it
  • When we share it
  • Your rights as an investor

By using StoriesLift as an investor, you agree to this Policy.

2. Data We Collect from Investors

A. Information You Provide

  • Your name - For account identification
  • Email ID - For account access and communication
  • Mobile number - For verification and notifications
  • PAN - Required for funding, tax compliance, and revenue sharing
  • Address - Optional, for tax documents if needed
  • Profile photo - Optional, for your profile
  • Payment details - Processed via secure payment gateways
  • KYC documents - If required for investment verification

B. Information Collected Automatically

  • Device ID
  • App usage data
  • IP address
  • Location (approximate, not exact)
  • Cookies (on website)

C. Payment Information

We do NOT store your credit/debit card numbers or UPI details. All payments are processed by trusted payment gateways (Razorpay, PayU, etc.).

3. Why We Collect Your Data (Investor-Specific)

  • 💰 For investment transactions - To record your contributions, calculate revenue shares, and comply with tax laws
  • 🔐 For account creation - To verify your identity and help you log in securely
  • 🛡️ For safety & fraud prevention - To prevent fake accounts, money laundering, or harmful activity
  • 📧 For communication - To send:
    • Investment confirmations
    • Revenue reports and payouts
    • Project updates on films you've invested in
    • Platform announcements
    • Security alerts
  • 📊 For investment tracking - To show your portfolio and investment history
  • ⚖️ For legal compliance - To meet SEBI and tax regulations

4. How We Use Your Data

Your data will only be used for:

  • Processing your investments
  • Calculating and distributing revenue shares
  • KYC verification for investments
  • Secure transaction processing
  • Sending important investment-related notifications
  • Providing customer support
  • Legal or compliance requirements (tax, SEBI)

We never use your data for harmful or illegal purposes.

5. Sharing Your Data

StoriesLift may share your data with:

💳 1. Payment Gateways

For processing your investment transactions securely.

✅ 2. KYC Verification Partners

For PAN, Aadhaar (optional), or identity checks required for investments.

🎬 3. Creators (Limited Data Only)

Creators may receive:

  • Your name (as a backer)
  • Your contribution amount
  • Your email (for project communication only)

We do NOT share your PAN, address, or personal details with creators unless required by law.

⚖️ 4. Legal Authorities

Only if required for:

  • Fraud investigation
  • Court orders
  • Law enforcement
  • Tax compliance

🔧 5. Service Providers

For cloud hosting, analytics, email services. All partners follow strict privacy rules.

6. We Never Do the Following

StoriesLift does NOT:

  • Sell your data
  • Share data for ads
  • Share data without a valid reason
  • Track your exact location
  • Store sensitive payment information
  • Share your investment details with other investors without your consent

7. How We Protect Your Data

We use modern security tools like:

  • Encryption (SSL/TLS)
  • Secure servers
  • Firewalls
  • Access controls
  • Regular security audits

We also restrict internal access to your data.

8. Your Rights as an Investor

According to Indian privacy laws, you have the right to:

  • Access your data - See what information we have about you
  • ✏️ Update or correct your data - Fix any errors in your profile
  • 🗑️ Delete your account - Remove your account (transaction history may be retained for legal compliance)
  • 🚫 Withdraw consent - Stop certain data usage (may affect investment functionality)
  • 📄 Request a copy - Get a copy of your data
  • 🚨 Report misuse - Report any privacy concerns

You can contact support for any request.

9. Data Retention

We keep your data:

  • As long as your account is active
  • As long as needed for legal or tax purposes (minimum 7 years for financial records)
  • For platform safety and support

If you delete your account:

  • We remove most data immediately
  • Some transaction and investment data stays for legal compliance (tax, SEBI requirements)

10. Children's Privacy

StoriesLift is not for users under 18 years old. We do not knowingly collect data from minors. You must be 18+ to invest.

11. Cookies and Tracking

Cookies help us understand:

  • Which pages you use
  • How often you return
  • App performance

You can turn off cookies in your browser.

12. Third-Party Links

StoriesLift may show links to:

  • Filmmaker websites
  • Social media
  • External platforms

We are not responsible for their privacy practices.

13. Changes to This Policy

We may update this Privacy Policy when:

  • New features come
  • Law changes
  • Security improvements happen

Investors will be notified of major updates via email.

14. Contact Us

For privacy concerns as an investor:

📧 privacy@StoriesLift.in

📞 Support: (Add phone number)