Terms of Use

Last updated 2026-08-31. This page forms part of the terms on which PreIpoFunds is provided. Please read it alongside our disclaimer and risk disclosure.

Agreement

By using this site you agree to these terms. If you do not agree, do not use the site.

Permitted use

The site is provided for personal, informational use. You may not scrape, resell, or republish substantial portions of the content without permission.

No offer

Nothing here is an offer or solicitation to buy or sell any security, in any jurisdiction where such an offer would be unlawful.

Third-party providers

Introductions are to independent third parties. We are not responsible for their services, their terms, or the outcome of any transaction.

Limitation of liability

To the maximum extent permitted by law, we exclude liability for investment losses and for indirect or consequential loss arising from use of the site.

Governing law

These terms are governed by the laws of India, and the courts of the operating company's registered jurisdiction have exclusive jurisdiction.

Terms of Use: jurisdiction and applicable law

PreIpoFunds is operated from India, and the operating company is subject to Indian law including the Digital Personal Data Protection Act 2023, the Information Technology Rules, and the Companies Act. These terms are governed by Indian law and the courts of the operating company's registered jurisdiction have exclusive jurisdiction over disputes.

That is separate from the rules governing the investments themselves. Securities regulation follows the investor and the issuer, not this website. If you are a US person, US securities law applies to what you can buy and from whom. If you are in the EU, UK, Singapore or elsewhere, your local regime governs. We link to the relevant primary regulator on every company and country page precisely so you can check your own position rather than relying on ours.

Nothing on this site is an offer or solicitation in any jurisdiction where such an offer would be unlawful, and access from a particular country does not imply that any product described is available there.

Terms of Use: data, cookies and your rights

We collect what you give us through forms - typically name, email, jurisdiction, investor status and indicative ticket size - plus standard technical data such as IP address and pages visited. The lawful basis is your consent, given when you submit a form.

Where you ask to be matched, those details go to the specific providers we introduce you to and nowhere else. We do not sell personal data. Analytics and font delivery are handled by third parties who may set their own cookies, and you can decline non-essential cookies through the consent control or block them in your browser.

You may request a copy of the data we hold, ask us to correct it, ask us to erase it, and withdraw consent for future processing at any time. Withdrawal stops future processing but does not undo processing already carried out, and it may mean we can no longer match you with providers.

Terms of Use: risk disclosure in full

This applies to everything described on this site and is repeated here because it is the single most important thing on the page.

Total loss is a realistic outcome. Pre-IPO and other private securities are speculative. Companies fail, are acquired below prior valuations, or remain private indefinitely. You should not commit money you cannot afford to lose entirely.

These assets are illiquid. There is often no buyer at any price. Transfers usually require issuer approval and can be refused outright. Capital may be committed for many years with no ability to exit, and no amount of planning changes that once you are in.

Valuations are estimates, not prices. Private marks are set at a moment by a small number of participants for a specific share class, and are frequently months out of date. The class that set a headline valuation is usually not the class available to you.

Dilution and structure can erode your position. Later rounds may issue shares that rank ahead of yours or reduce your effective ownership. Where you invest through a vehicle you also bear the sponsor's operational and solvency risk on top of the company's.

You are at an information disadvantage. Private companies are not obliged to disclose financials to you. In a secondary transaction your counterparty is another shareholder who may know considerably more than you do about why they are selling.

What PreIpoFunds is, for the purposes of this terms of Use

Precision matters here more than in most industries, because the categories carry legal meaning. PreIpoFunds operates an information and comparison website about pre-IPO funds, platforms and private companies, and offers a free introduction service connecting users with third-party providers.

We are not a fund and do not manage money. We are not a broker or broker-dealer and do not execute transactions. We are not a registered investment adviser and do not give personal recommendations. We do not hold client money or take custody of securities at any point. We do not issue, underwrite or place securities.

What we do is publish research, maintain a directory, and pass an enquiry to a provider when a user asks us to. Everything after that introduction happens between you and that provider under their terms, subject to their onboarding, their eligibility checks and their regulator.

How we are funded

Some providers pay us a referral or listing fee when a user we introduce opens an account or transacts. That is how the research stays free to read. It creates an obvious incentive, so three safeguards apply and we state them plainly.

Payment does not buy inclusion - providers that pay nothing are listed on identical terms. Payment does not affect position or score; the Access Score is computed from four published factors and the inputs are visible on every provider page so the result can be checked rather than trusted. And payment does not suppress criticism: where we have negative findings about a paying provider, we publish them.

If you would rather not use a referral link, go to the provider directly. It costs you nothing either way and does not change the terms you receive. Full detail is on the advertising disclosure page.

Why this policy exists

PreIpoFunds publishes research about securities and collects enquiries from people considering investments. Both activities carry obligations, and this page sets out how we meet them. We would rather state our position plainly than bury it in language designed to be skimmed past.

Two commitments sit behind every policy on this site. The first is that we describe what we are accurately: an independent information and comparison platform that connects users with third-party providers, not a fund, broker, adviser or fund manager. The second is that where we earn money from a provider, we disclose it, and it does not affect what we publish or the order in which options appear.

How this affects you as a user

In practical terms: nothing on this site is personal advice, and no page here assesses whether an investment suits your circumstances. That assessment, and the diligence behind it, remains yours. Every transaction you enter is directly with a third-party provider under their terms, and we are not a party to it.

Where you submit an enquiry, the details you provide are shared only with the providers we introduce you to, for the purpose of assessing whether they can serve you. You can withdraw consent at any time, and we will delete the data on request. We do not sell personal information.

Questions and complaints

If anything here is unclear, or you believe we have got something wrong, contact us through the contact page. Complaints about content, data handling or conduct go to our grievance officer, who will acknowledge promptly and respond within the period required by applicable law.

If you are not satisfied with our response, you may escalate to the relevant authority in your jurisdiction. The regulator links on our company and country pages go directly to the primary registers.