This Privacy Policy outlines how Watchlist Ventures ("we," "our," or "us") collects, uses, and protects your personal data in compliance with the applicable laws of India. We are committed to safeguarding your privacy while facilitating the sale and purchase of watches.
1. Data Collection & Notice
We strictly collect the data to provide our e-commerce services:
- Account Data: Email address and password, collected for initial account registration and authentication.
- Identity & Contact Data: Full name, contact number, and residential delivery address.
- Financial Data: Bank account details collected for the verification and processing of bank transfers.
2. Purpose of Processing (Purpose Limitation)
You acknowledge and provide express consent that your data is processed for the following:
- Account Management: Authenticating and maintaining your user profile on the platform.
- Interest Registration: Recording and evaluating your expression of interest in purchasing specific watches.
- Deal Confirmation: Contacting you via telephone through our customer support team upon acceptance of your interest to confirm the transaction.
- Payment & Fulfillment: Verifying your bank transfer payment and executing insured shipment of the watch directly to your home address.
3. Consent & Withdrawal
By creating an account and submitting an interest request, you grant explicit and informed consent for data processing under the terms outlined herein. You retain the right to withdraw your consent at any time before the shipping of any items listed on the website to you. Notice of withdrawal may result in the inability to complete pending transactions or provide home delivery.
4. Data Sharing & Third-Party Processors
We do not sell, rent, or trade your personal data. Data is shared on a need-to-know basis with authorized individuals:
- Logistics & Couriers: Logistics and secured courier partners for insured home delivery.
- Banking Partners: Banking institutions for validating and reconciling direct bank transfers.
- Legal Authorities: Statutory bodies or law enforcement agencies when mandated under applicable Indian law.
5. Retention & Security Standards
Personal data is retained only for the duration necessary to fulfill the transactional purpose, comply with statutory tax/audit obligations, resolve active disputes or as required under law.
6. Rights of Data Principals
Under the applicable law, you possess the following statutory rights:
- Right to Access: Obtain a summary of the personal data processed and identities of third parties with whom it has been shared.
- Right to Correction & Erasure: Request rectification of inaccurate records or complete erasure of data no longer required for the designated purpose.
- Right of Grievance Redressal: Access readily available mechanisms to address concerns or perceived non-compliance.
- Right to Nominate: Designate a representative to exercise rights under this Act in the event of death or incapacity.
7. Dispute Resolution & Governing Law
This Privacy Policy is governed by the laws of India. Any controversy, claim, or dispute arising out of or relating to personal data handling shall be addressed. The parties shall first attempt to resolve any dispute amicably via direct written communication within thirty (30) days of formal notice. Failing amicable settlement, the dispute shall be referred to and finally resolved by binding arbitration conducted under the Indian Arbitration and Conciliation Act, 1996. The seat and venue of arbitration shall be Bengaluru, Karnataka, India, and the proceedings shall be conducted in English.
8. Grievance Officer
For any queries, requests to exercise statutory rights, or grievances, you may contact the designated Grievance Officer at watchlistclub@gmail.com.