Better Wealth Technologies Private Limited (hereinafter referred to as "the Company", or “Invest With Tribe”) is a social trading company based in Bengaluru since 2021. The Company builds technology platforms for people to view and analyse what others are investing in.
At Invest With Tribe, a user can create a private or a public portfolio based on their research, analysis and understanding. A user can find the best performing public portfolios in selected categories and follow any of those public portfolios. Once done, they would be able to get notified whenever any transaction happens in the public portfolio
By signing up on Invest With Tribe, you agree to let the Company use the information you gave to contact you through channels including but not limited to SMS / Whatsapp / Email / Push notifications / in-app notifications.
You hereby authorise Better Wealth Technologies Private Limited, to contact you. This will override your registry on the NCPR. By providing your contact details you have expressly authorised Better Wealth Technologies Private Limited to contact you in future through calls /SMS / E-mails and inform you about their products.
You hereby authorise and give consent to Better Wealth Technologies Private Limited to send you, either through itself or through any third party service provider, from time to time various information/ alert messages or calls or commercial communication, and other services on the aforesaid listed telephone numbers, whether these numbers are registered with National Do Not Call Registry/ listed in National Customer Preference Register or not. You also confirm that by sending, of such messages/ calls you will not hold Better Wealth Technologies Private Limited liable/ institute complaint under the Telecom Commercial Communications Customer Preference (TRAI) Regulations, 2010 or such other applicable regulations including any amendment thereof, as may be applicable from time to time. It will be auto renewed every month and if you want to stop this service please write an email to support@Invest With Tribe.com
A portfolio is a basket of stocks, ETFs, Gold, Commodity, Futures, and Options weighted intelligently based on its creator's particular objective or strategy.
Any user who is willing to share all of their trades and portfolio and related information with other users can create a public portfolio on Invest With Tribe - both in realtime and later.
Invest With Tribe will integrate with the available stockbrokers to enable trading transactions on the Platform. Invest With Tribe would act as an interface between the users and their respective stock brokers to power transactions in a secured and compliant manner. Order information will never be used for purposes other than what it was acquired for.
The Platform does not guarantee the public portfolio creators that the users following their shared portfolio will not execute similar trades.
We may share your information including personal information to third parties to carry out technical, logistical, and other functions on our behalf in order to make the services we offer to you better.
The Company will never share your data with third parties unless it is for reasons already covered in this document or through your consent.
The Platform facilitates the users to find public portfolios suitable to the users' investment objectives through a list of pre-set algorithms and parameters; such parameters are identified based on criteria determined by the users themselves. While the Platform provides a list of public portfolios, the users are free to select and follow any such portfolio without any intervention by the Platform. The Platform does not identify an appropriate portfolio for a user to follow based on the risk appetite, investment objectives or other attributes. While the Platform allows the users to view the trades executed in a public portfolio and alerts the users when a new trade is executed in the portfolio, the users have complete discretion while deciding to adopt the trading strategy employed by the portfolio creator. The alert given by the Platform, in this case, is a mere technical functionality provided by the Platform for the benefit of the users, and it is not investment advice generated for such users.
The Platform allowing users to view the trades executed in public portfolios shall not be considered investment advice. The users should consult their financial advisors before carrying out any trades/ investments. The decision to share the trades carried out by public portfolio creators with the other users on the Platform is taken independently out of their free will and volition. The Platform offers no incentives to the public portfolio creators to either execute their trades through the Platform or share such trades with the other users.
It may be noted that any incentives offered by the Platform to public portfolio creators are not based on the number of trades executed by the followers of such users. The incentives shall not be construed as an inducement/ encouragement to execute their trades through the Platform or to share the trades executed by them with the other users on the Platform. It may further be noted that, as these incentives are not linked to the trades carried out by the followers of a public portfolio creator, such incentives shall not be deemed as investment advisory fees, and the users hosting such public portfolios shall not be considered as IAs.
The Platform would be sharing the trades executed by users creating a public portfolio with all their followers and other users. The Platform would be analysing these trades on predetermined criteria/ parameters to analyse the performance of any public portfolio and its creator. The followers of a public portfolio would have the option to adopt the trading strategy employed by its creator. As per Regulation 21(l) of the IA Regulations, investment advice means advice relating to an investment in securities or investment. While a public portfolio creator will be permitting other users to view their trades and portfolio, these users will not be providing any advice on securities or investments. Any user on the Platform can merely view the trades executed in the public portfolio, and the same cannot be considered investment advice. People following a general portfolio have the discretion to carry out their research and analysis while employing a similar trading strategy. They are responsible for determining whether a particular trading strategy used in a public portfolio is suitable. Thus, merely permitting other users to view one's trades and adopt similar trading strategies at their discretion cannot be considered as investment advice.
A user will receive alerts regarding the trades carried out in a public portfolio they follow. It should be noted that no fee is charged from any user for receiving any alerts on the trades carried out in a public portfolio they follow. Such alerts are issued by the Platform completely free of cost. Furthermore, it is understood that no impression is given to followers that such sharing of trades, or alerts regarding the trades carried out in a public portfolio they follow, shall be construed as investment advice. Allowing the users to view the trades executed in a public portfolio should not be considered investment advice. The users should consult their financial advisors before carrying out any trades/ investments.
The content and data available on the Invest With Tribe website and app, including but not limited to portfolio index value, portfolio return numbers and absolute portfolio returns, are for information and illustration purposes only.
Invest With Tribe does not verify whether or not the creator is a ‘portfolio manager’ registered with SEBI under the PMS Regulations
Invest With Tribe will not be responsible for verifying whether or not anyone using the Product has any form of registration with any authority
Invest With Tribe be responsible for authenticating the assurances or claims or disclosures made by anyone using the Product
User is solely responsible for the trades executed by them in the securities market and Invest With Tribe cannot be held responsible for any losses or action of the User.
User(s) undertake that it is their sole responsibility to comply with and be in compliance with the SEBI Act, 1992 and the Rules and Regulations and directions issued thereunder, from time to time.
Invest With Tribe will not bear any responsibility or liability for the non-compliance with or violation of the SEBI Act, 1992 and the Rules and Regulations and directions issued thereunder, from time to time, by the User.
Invest With Tribe must be indemnified in case of any action undertaken against Invest With Tribe for the action of client.
