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Legal Agreement

Terms of Service

Your agreement with Fininvo for the ERP, HRMS, Payroll, Jobs, Recruit, Partner Program and mobile services.

Last Updated

June 22, 2026

Effective Date

July 22, 2026

Version

5.0

This document is published by Fininvo, a trade name of Prashbi Global Services Pvt. Ltd., a company incorporated under the laws of India (CIN: U52100KA2020PTC133490), with its registered office at Tholons Tower, 346 HIG, 17th Cross Rd, Dollars Colony, R.M.V. 2nd Stage, Bengaluru, Karnataka 560094, India. References to "Fininvo", "we", "us", or "our" in this document refer to Prashbi Global Services Pvt. Ltd..

1

Structure of this Agreement

These Terms of Service (the "Terms") consist of two parts. The General Terms below apply to your use of every Fininvo product and service. The Service-Specific Terms in Section 12 apply only to the particular product you use (ERP, HRMS, Payroll, Fininvo Jobs, Recruit, the Partner Program, or the Fininvo mobile apps).

Order of precedence. If the General Terms and any Service-Specific Terms conflict, the Service-Specific Terms prevail for that product. If you have signed a Master Services Agreement (MSA) or Order Form with us, that document prevails over both in case of conflict.

2

Acceptance of Terms

By accessing or using any Fininvo service, you agree to be bound by these Terms on behalf of yourself and the organisation you represent. If you do not agree, you must not access or use the services. You confirm that you have the authority to bind your organisation.

3

Description of Services

Fininvo provides a cloud platform comprising the following products and services:

ERP

Cloud ERP: accounting, sales, purchasing, inventory, manufacturing, CRM, projects, tax and compliance.

HRMS

Human resources: employee management, recruitment, onboarding, attendance, leave, performance and self-service.

Payroll

Multi-country payroll processing, statutory compliance, payslips, bank files and final settlement.

Fininvo Jobs

A two-sided jobs marketplace for job seekers (web and mobile) to discover and apply to roles.

Recruit

Employer recruitment console: job posting, applicant tracking and candidate sourcing.

Partner Program

Referral, reseller and implementation partnerships, governed additionally by the Partner Program Policy.

Mobile Applications

The Fininvo HR and Payroll employee app and the Fininvo Jobs Seeker app, distributed through public app stores.

ERP modules included

Accounting & Finance
Sales & Quotations
Purchase Management
Inventory & Warehousing
Manufacturing & BOM
CRM & Leads
Project Management
Quality Control
Banking & Reconciliation
Tax & GST Compliance
Fixed Assets
Expense Management
Delivery & Logistics
Serial & Batch Tracking
Multi-Currency
Document Management
Workflow Approvals
Reports & Analytics
Settings & Configuration
4

Account, Eligibility & Administrators

Eligibility

The platform is a business product intended for organisations and professionals. It is not directed to individuals under 18 years of age. You are responsible for the accuracy of the information you provide at sign up.

Organisation Accounts

An organisation account may have one or more administrators who can manage users, access and configuration. Administrators act on behalf of the organisation, and the organisation is responsible for their actions.

Account Security

You are responsible for safeguarding credentials and for all activity under your account. Enable multi-factor authentication where available and notify us promptly of any suspected unauthorised access.

Inactive Accounts

We may deactivate accounts that remain inactive for an extended period, or that never convert from a free trial, after reasonable notice to the email on file. Data in deactivated accounts may be deleted in line with our retention schedule.

5

Beta Services & Free Trials

Beta Services

Features labelled beta, preview or early access are provided for evaluation, may change or be withdrawn at any time, and are offered without warranty of any kind. Do not rely on a beta feature for production or compliance purposes.

Free Trials

Where a free trial is offered, the service is provided on an as-is basis without warranty. Unless you purchase a paid plan before the trial ends, data created during the trial may be permanently deleted. Export your data before the trial expires if you wish to keep it.

6

Acceptable Use, Anti-Spam & Lawful Conduct

Your use of the platform is also governed by our Acceptable Use Policy. In summary, you agree not to:

  • Use the platform to send unsolicited bulk messages, spam, or any communication that violates anti-spam or telemarketing laws.
  • Upload malware, attempt to gain unauthorised access, probe, scan or test the vulnerability of the platform without authorisation.
  • Use the platform for any unlawful purpose, or in any manner that threatens the unity, integrity, defence, security or sovereignty of India, public order, or that is defamatory, obscene or harassing.
  • Impersonate any person or entity, or misrepresent your affiliation with a person or entity.
  • Resell, sublicense or provide the platform to third parties except as expressly permitted under the Partner Program.
7

Subscription & Payment

Full commercial terms are set out in the Pricing & Billing Terms and the Refund & Cancellation Policy. In summary:

Billing Cycles

Monthly or annual subscriptions as shown on the pricing page. Fees are exclusive of applicable taxes (including GST), which are charged additionally.

Auto-Renewal

Subscriptions renew automatically unless cancelled before the renewal date. Indian recurring payments follow the RBI e-mandate framework with pre-debit notification.

Refunds

Subscription fees are non-refundable except for failed or duplicate gateway transactions, or where Fininvo is in material breach. See the Refund Policy for detail.

Price Changes

We give at least 30 days advance notice of price increases. Your current paid term is honoured at the original rate.

8

Service Levels

Availability commitments and service remedies are described in the Service Level Agreement. Remedies for missed availability take the form of subscription extensions rather than monetary refunds, except where an MSA states otherwise.

9

Data Ownership, Privacy & Security

You retain ownership of your data. We do not sell your personal data.

Our handling of personal data is described in the Privacy Policy and, where we act as your processor, the Data Processing Agreement. Aggregated and anonymised usage analytics may be used to operate and improve the platform.

10

Intellectual Property

OWNERSHIP & PROPRIETARY RIGHTS

The Fininvo platform, including all software, source code, algorithms, APIs, user interfaces, designs, logos and trademarks, is and remains the exclusive property of Prashbi Global Services Pvt. Ltd. (CIN: U52100KA2020PTC133490). Your subscription grants a limited, non-exclusive, non-transferable, revocable licence to use the platform for your internal business purposes during the subscription period.

Prohibited

  • Reverse engineering, decompiling or disassembling the platform.
  • Copying or creating derivative works of the platform.
  • Sublicensing, reselling or redistributing access except under the Partner Program.
  • Removing proprietary notices or branding.
  • Using the platform to build a competing product.

Trademarks & Feedback

Fininvo names and logos may not be used without written permission. Any feedback or suggestions you provide may be used by us without obligation or compensation. You may use our marks only as permitted in writing or under the Partner Program Policy.

11

User Generated Content

You are solely responsible for content you upload or publish through the platform, including documents, job postings, profiles, reviews and messages. You represent that you have the rights to that content and that it does not infringe third-party rights or violate any law. We may remove content that violates these Terms or the Acceptable Use Policy, and may preserve and disclose content where required by law.

12

Service-Specific Terms

The following terms apply in addition to the General Terms for the specific product named.

ERP, HRMS & Payroll

These products may generate tax, payroll, accounting and compliance outputs. Such outputs are provided as tools and do not constitute professional advice. You are responsible for verifying calculations and filings with qualified professionals. Statutory rates and rules are applied on a best-effort basis and may change without notice.

Fininvo Jobs (Job Seekers)

  • When you apply to a role, your profile is shared with that employer for that role only.
  • You must provide accurate information and may not submit fraudulent applications or impersonate others.
  • We do not guarantee employment, interviews, responses or any outcome from applications.
  • We do not display fabricated match scores. Any indication of fit is qualitative.

Recruit (Employers)

  • You may use candidate data only to evaluate that candidate for the role they applied to or that you sourced them for, and must protect it with industry-standard safeguards.
  • You must not share a candidate's job-seeking activity with their current employer, or use candidate data for unrelated marketing.
  • Job postings must be genuine, lawful and non-discriminatory, and must comply with the Jobs & Recruit Acceptable Use Policy.
  • You indemnify Fininvo for your hiring decisions and your use of the recruitment services.
  • Recruiter outreach is subject to fair-use limits to protect candidates from spam.

Partner Program

Participation in the referral, reseller or implementation programme is additionally governed by the Partner Program Policy, which covers commissions, branding use, confidentiality and termination.

Mobile Applications

  • Use of the apps is also subject to the rules of the app store you download them from (Apple App Store or Google Play).
  • The apps may request device permissions (such as notifications, camera or location) that you can grant or deny. Some features may not work without the required permission.
  • Push notifications can be disabled in your device settings.
  • The in-app Terms and Privacy Policy displayed at first launch are the same documents published here.
13

Limitation of Liability & Disclaimers

IMPORTANT LEGAL NOTICE

TO THE MAXIMUM EXTENT PERMITTED BY LAW, FININVO'S TOTAL AGGREGATE LIABILITY SHALL NOT EXCEED THE FEES PAID BY YOU IN THE TWELVE MONTHS PRECEDING THE EVENT GIVING RISE TO THE CLAIM.

NEITHER PARTY IS LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR PUNITIVE DAMAGES, INCLUDING LOSS OF PROFITS, REVENUE, DATA OR BUSINESS OPPORTUNITY.

THE PLATFORM IS PROVIDED ON AN AS-IS AND AS-AVAILABLE BASIS. WE DISCLAIM ALL IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT, AND DO NOT WARRANT THAT THE PLATFORM WILL BE UNINTERRUPTED, ERROR-FREE OR THAT ANY CALCULATION OR OUTPUT IS ACCURATE OR COMPLIANT.

Enterprise exception. Enterprise customers with a signed MSA may negotiate custom liability terms.

14

Force Majeure

Neither party is liable for any delay or failure to perform caused by events beyond its reasonable control, including acts of God, natural disasters, epidemics, war, terrorism, civil unrest, government action, power or internet outages, large-scale cyberattacks, or the failure of third-party infrastructure providers. The affected party will notify the other within 48 hours and use reasonable efforts to mitigate. If the event continues for more than 60 consecutive days, either party may terminate the affected subscription on 30 days written notice, and prepaid fees for undelivered services are credited toward future use.

15

Indemnification

You indemnify Fininvo for

  • Content you upload that infringes third-party rights.
  • Your violation of any law, including data protection, tax and employment law.
  • Unauthorised use of the platform through your account.
  • Your hiring decisions and your business operations conducted through the platform.

Fininvo indemnifies you for

  • Claims that the platform itself infringes a third-party patent, copyright or trademark valid in India.
  • Our gross negligence or wilful misconduct in handling your data.
  • Breach of our data protection obligations under the DPA.

Survival. Indemnification obligations survive termination for a period of two years.

16

Suspension & Termination

By You

Cancel at any time as described in the Refund Policy. Your data remains available for export for 30 days after termination.

By Fininvo

We may suspend or terminate for breach of these Terms, non-payment after a 30 day grace period, or unlawful activity. We may suspend immediately to protect the platform or other users.

Post-termination. After the 30 day export window, your data is permanently deleted from active systems and, in due course, from backups, except where law requires retention.

17

Complaints & Grievance Redressal

For any complaint about the service or content, contact our Grievance Officer at grievance@fininvo.com. In compliance with the Information Technology (Intermediary Guidelines) Rules and the DPDP framework, we acknowledge complaints within 48 hours and aim to resolve them within 30 days. Data protection grievances are handled as set out in the Privacy Policy, including escalation to the Data Protection Board of India.

18

Governing Law & Disputes

Governing Law: Laws of India, without regard to conflict of law principles.

Jurisdiction: Courts of Bengaluru, Karnataka, India.

Arbitration: Binding arbitration under the Arbitration and Conciliation Act, 1996. Venue: Bengaluru, India. Language: English.

EU/UK customers. You may pursue claims in your local courts or, by agreement, arbitration under ICC Rules with venue in London, UK.

19

General Provisions

Entire Agreement

These Terms, together with the Privacy Policy, DPA, SLA, Billing Terms, Acceptable Use Policy and any Order Form or MSA, are the entire agreement and supersede prior agreements.

Severability

If any provision is held invalid, it is modified to the minimum extent necessary and the remaining provisions continue in effect.

Assignment

You may not assign these Terms without our consent. We may assign in connection with a merger, acquisition or sale of assets.

Modification of Terms

We may modify these Terms. Material changes are notified at least 30 days in advance by email or in-product notice. Continued use after the effective date constitutes acceptance.

Waiver

A failure to enforce a provision is not a waiver. Waivers are effective only in writing signed by an authorised representative.

Notices

Legal notices to us must be sent to legal@fininvo.com or by registered post to our registered office. Notices to you are sent to your account email.

Survival. Sections on Intellectual Property, Limitation of Liability, Indemnification, Governing Law and these General Provisions survive termination.

Contact Our Legal Team

Legal Inquiries

legal@fininvo.com

Enterprise Sales

enterprise@fininvo.com

Grievance Officer

grievance@fininvo.com

Registered Office

Prashbi Global Services Pvt. Ltd.
Tholons Tower, 346 HIG, 17th Cross Rd, Dollars Colony,
R.M.V. 2nd Stage, Bengaluru, Karnataka 560094, India

CIN: U52100KA2020PTC133490