Terms and Conditions

1. Introduction

Welcome to FundsAudit, a product of Fundsroom Investment Services, a company dedicated to delivering innovative financial solutions. By downloading, installing, or using the FundsAudit mobile application (“App”) or visiting its associated website, www.fundsaudit.in (“Website”), you agree to these Terms and Conditions (“Agreement”). FundsAudit is a real-time automatic transaction auditing platform designed to simplify financial management by analyzing transactional SMS data and generating insights into income, expenses, savings, and more.

Fundsroom Investment Services, with its registered office at 201,202 East Street Galleria, East Street, Camp, Pune-411001, Maharashtra, India, owns and operates FundsAudit. Please review this Agreement thoroughly. By clicking “I Agree,” accessing, or using our services, you consent to these terms. If you do not agree to these terms, you may not access or use FundsAudit.

This Agreement is governed by the laws of India, and any disputes shall be resolved under its jurisdiction.

2. Modification of Terms and Conditions

Fundsroom Investment Services reserves the right to update or modify these Terms and Conditions periodically to reflect changes in our services, legal requirements, or policies. Any changes will be communicated through the App or the Website. Continued use of FundsAudit after modifications constitutes acceptance of the updated Terms and Conditions. Users are encouraged to review this Agreement regularly.

3. Scope of Services

FundsAudit provides a suite of financial tools designed to simplify personal and business financial management. The core functionality revolves around automated financial transaction auditing through SMS analysis. Our services include but are not limited to:

1. Income and Expense Analysis
2. Auditing and Accounting
3. Inventory Management
4. Invoicing
5. Business Reporting Tools
6. Order and Estimate Form Creator

The App can function offline for most tasks; however, some features require internet access.

4. User Responsibilities

1. Maintain account security and notify in case of unauthorized access.
2. Ensure legal compliance; FundsAudit is not liable for non-compliance.
3. Input accurate data for proper functionality.
4. Ensure access to compatible devices and internet when required.

5. Data Ownership and Privacy

Users retain ownership of their content. FundsAudit only uses data for service improvement and does not sell or share data with unauthorized parties. Data is protected by security measures, but users should maintain backups.

6. Permissions

1. Contacts: Used only to improve syncing experience.
2. Location: Used for verification and fraud prevention.
3. SMS: Only financial SMS are read and analyzed.
4. Device Metadata: Used for security and creditworthiness analysis.

7. Collection and Use of Data

Data types collected include SMS, app metadata, uploaded images, and non-personal info like IP and browser. These are used to generate insights, assess credit, and improve performance.

8. Service Validity

Subscriptions begin on the purchase date and must be renewed for continued premium access.

9. Disclaimer

FundsAudit offers tools to assist in compliance but is not liable for user non-compliance.

10. Limitation of Liability

FundsAudit is not liable for data loss, unauthorized access, or legal non-compliance due to user error or technical issues.

11. Promotional Communication

By using FundsAudit, users agree to receive service-related communication. Promotional messages can be opted out by contacting support.

12. Termination

FundsAudit reserves the right to terminate accounts for violations or misuse.

13. Contact Information

Email: support@fundsaudit.co.in
Website: www.fundsaudit.in
Phone: +91-7276234533 / +91-8446874534