Privacy Policy

At ANV Fintech Private Limited (referred to as "GrowMint," "We," "Our," "Us"), we prioritize your privacy and want to ensure that you have complete control over the data you share with us. By accessing and using the GrowMint mobile application (App), you agree to the collection, use, and processing of your data as described in this Privacy Policy.

This Privacy Policy applies to all users of the GrowMint App. "User," "You," "Your," and "Yourself" refer to anyone who accesses, uses, or registers on the App.

GrowMint is committed to complying with all applicable laws and regulations, including those regarding the collection, processing, storage, and transfer of your personal data. This includes adherence to the Digital Personal Data Protection Act, 2023, the Information Technology Act, 2000, and other relevant regulations.

1. About Us

GrowMint is a technology product owned by ANV Fintech Private Limited. We operate under the FIU license of Arham Share Private Limited, a SEBI-registered entity (SEBI Registration Number: INZ000175534), with a registered office located at:

Website: https://www.arhamshare.com

2. Nature, Categories of Collected Data and Its Purpose

We collect certain data from you to provide and enhance our services. The data we collect may be directly provided by you, collected automatically as you use the App, or received from Financial Information Providers (FIPs) based on your consent. Below is the type of data we may collect:

Account Information

When you sign up or log in to the GrowMint App, we collect your mobile number to facilitate secure sign-up, authentication, and account maintenance. Additional user information may be required to comply with regulatory requirements such as those set by ReBIT or other relevant authorities.

Analytics Information

We collect information like your name, address, phone number, email, postal address, gender, etc., to improve your user experience and conduct analytics for better service delivery.

Browsing Information

We may collect your IP address, device type, operating system, and details of your usage of the App, including the use of cookies or similar technologies to analyze how the App is used.

Device Information

We collect device-related information (e.g., device ID, SIM serial number, IMEI number) for security purposes, including implementing SIM and device binding mechanisms. This ensures your account is accessed only from a trusted device and SIM combination.

Geographical Information

To detect and prevent security issues and fraud, we may collect your geographical location. This information will only be used for security and fraud prevention purposes.

Aggregated Information

We collect anonymized and aggregated data to improve the App's performance and enhance services, in line with relevant legal frameworks.

3. How We Use Your Data

We collect your data for the following purposes:

• To provide you with requested services and support.
• To respond to your inquiries and communicate necessary updates.
• To analyze and improve the App's functionality and user experience.
• To prevent fraud or abuse and protect the integrity of the App.
• To fulfill regulatory obligations, as required by the Reserve Bank of India (RBI) and other legal entities.

We do not use your data for any purpose other than those specified in this Privacy Policy or as agreed upon by you.

4. Data Sharing

We do not sell, rent, or trade your data. As part of our Account Aggregator services, we share your financial data only with FIPs and Financial Information Users (FIUs), as per your explicit consent. This data sharing occurs only within the regulated environment of Master Directions for NBFC Account Aggregators, with the sole purpose of providing services to you.

Business Transfers

In case of a merger, acquisition, sale of assets, or any similar transaction, your data may be transferred as part of the transaction. We will ensure that the new entity will handle your data in accordance with this Privacy Policy.

Legal Obligations

We may disclose your information if required by law, in response to a legal request, or to protect our rights and safety, as well as the rights and safety of others.

5. Data Retention

Your personal data is retained only for as long as needed to fulfill the purposes outlined in this Privacy Policy, or as required by law. You can request that your data be deleted, and we will comply with your request within the bounds of applicable regulations.

6. Privacy Controls

We believe in giving you control over your data. The following tools are available to help you manage your privacy:

• Review Your Data: You can review the data you have shared with us by accessing your user dashboard on the App.
• Delete Your Data: If you no longer wish to use our Services, you can request the deletion of your data by contacting us at helpdesk@anvtech.co. Note that some data, which we may have shared with FIPs or other third parties, may not be deletable as per their respective policies.

7. Operation and Transfer of Data

We do not engage in cross-border transfer of personal data outside India. All data is processed and stored within India, in compliance with the Account Aggregator regulatory framework.

8. Data Security

We take industry-standard measures to protect your personal data. We use encryption technology, such as Secure Socket Layer (SSL) encryption, to safeguard your data during transmission. Additionally, we comply with ISO/IEC 27001 standards for Information Security Management Systems to ensure data protection.

We continuously monitor our systems for any vulnerabilities and strive to implement safeguards to protect your information from unauthorized access.

9. Changes to the Privacy Policy

If we update this Privacy Policy, we will notify you by providing a revised version in the App. Any changes to the policy will take effect only after your review and consent, if required, before proceeding with our services.

10. Grievance Redressal

In case of any concerns or complaints regarding our privacy practices, please contact our Grievance Redressal Officer:

We will respond to your concerns within 30 days. If the issue remains unresolved, you may escalate the matter to the RBI Ombudsman through the RBI Ombudsman Portal .