Buddy Terms

By registering or participating as a Buddy on the Platform, you agree to be bound by these Buddy Terms.

A Buddy acts as an independent referrer who may introduce potential users, clients, or opportunities to the Platform.

• A Buddy acts in a non-exclusive, independent capacity
• A Buddy does not represent DealPlexus as an employee, agent, or authorized signatory unless specifically authorized in writing
• Nothing in these Terms creates a partnership, agency, or employment relationship

DealPlexus may approve, reject, suspend, or deactivate any Buddy at its discretion.

• Execution of the prescribed MOU, digitally or otherwise
• Completion of KYC and verification requirements

Any unauthorized handling of client funds shall be at the sole risk and responsibility of the Buddy.

• A Buddy may refer potential clients or users to the Platform
• A Buddy may share information about products available on the Platform
• A Buddy may not provide investment advice or financial advisory services
• A Buddy may not make binding commitments, negotiate or finalize terms, or collect or receive funds on behalf of DealPlexus unless expressly authorized in writing

The Buddy is solely responsible for compliance in its own activities, and DealPlexus does not supervise or control the Buddy’s independent conduct.

• Act in good faith and maintain high standards of integrity
• Ensure all communications are accurate, fair, and not misleading
• Avoid mis-selling or false representation
• Conduct activities in a manner that does not create regulatory or reputational risk for DealPlexus
• Comply with all applicable laws and regulations, including SEBI, RBI, IRDAI, or other authority requirements

The Buddy must ensure that any client or referral information shared with DealPlexus has been collected and shared with explicit consent, including permission for DealPlexus and associated partners to use that data to evaluate and facilitate financial products or services.

The Buddy is solely responsible for obtaining that consent and for any consequences arising from unauthorized or unlawful sharing of data.

A referral is valid only if it is introduced through the Platform or a DealPlexus-recognized method, is not already registered or engaged with DealPlexus, and attribution is accepted by DealPlexus internal systems and policies.

Payouts are subject to a valid referral, successful transaction or revenue realization, execution of the MOU, and completion of KYC.

Payout structures may be communicated through the Platform, MOU, or product-level discussions. In some cases, commercial terms may be mutually agreed based on the nature of the transaction.

DealPlexus may withhold, adjust, or recover payouts in cases of cancellations, reversals, disputes, or regulatory requirements.

No minimum or guaranteed earnings are assured, and payout structures may be revised prospectively with appropriate communication.

Clients, users, or counterparties introduced through the Platform must not be engaged for similar transactions outside the Platform without prior written consent from DealPlexus.

The Buddy must not solicit, divert, or attempt to divert such clients or opportunities away from DealPlexus during the association and for a reasonable period thereafter.

The Buddy must keep client information, deal details, and platform data confidential and may not use DealPlexus branding, logos, or materials without prior written consent.

The Buddy acknowledges that DealPlexus operates as a facilitator or distributor and is not responsible for non-closure of deals, rejection of applications, or performance or outcomes of any product.

DealPlexus may suspend or terminate a Buddy or reject referrals or payouts for misconduct, mis-selling, breach of these Terms, regulatory or reputational concerns, or non-compliance with applicable laws.

The Buddy agrees to indemnify and hold harmless DealPlexus, its directors, employees, and affiliates from claims, losses, damages, or liabilities arising from misrepresentation, mis-selling, breach of law, unauthorized fund handling, or breach of these Terms.

These Terms are governed by the laws of India. Disputes shall be resolved by arbitration under the Arbitration and Conciliation Act, 1996, with the seat in Gurgaon, language in English, and courts at Gurgaon retaining jurisdiction subject to the arbitration clause.