Terms & conditions
Welcome to yourprice.shop (https://yourprice.shop): A product promotion and customer acquisition platform to drive users with serious intent to purchase by buying vouchers that can be used for various partner products. This allows the consumer to also participating in naming their price for aspirational and much sought after products like iphones, cars, bikes etc. Yourprice.shop is owned and operated under its proprietary brand and platform by 100G Tech Ventures Private Limited, a company registered under the Companies Act 2013, with its registered office at 10 S End Street, Kumara Park East, Bangalore 560 001, India (just to keep it simple we are going to refer to 100G Tech Ventures Private Limited as‘Company’, or ‘we ‘or ‘us’).
What do Yourprice.shop Terms and Conditions mean and why do we have them and most importantly why do you need to read and agree to accept them? Great questions with a simple short answer: the law says we need this! By explaining what we do and how we expect users to engage with us (which is the purpose of the general terms and conditions), end users (you and user) get to know about Yourprice.shop and our services. When you accept our terms and conditions you tell us by a simple click of a button that you are on board – ready to engage with Yourprice.shop!! [Please note: if you are using the services on behalf of an organisation, remember: you are agreeing to these terms and conditions for that organisation and representing (meaning you are telling us) that you have the authority to bind your organisation to these terms (in such case, ‘you’, ‘your’ and ‘yours’ will refer to your organisation).]
Do read these terms and conditions very carefully including any amendments (changes) made from time to time (all of which is collectively referred to as Terms and Conditions). When you accept these Terms and Conditions we have a legal agreement with you.
General Information (what we own & offer)
We have a proprietary mobile application, website, and other digital channels to create a platform (Yourprice.shop Platform) for online, electronic, digital or web-based voucher sales(Yourprice.shop Online sale.Yourprice.shop Online platform is open to adults (18 and above years of age) residents in India (Customers). Customers may access the Yourprice.shop Platform by using mobile and internet-based smart phones, (Channels) to buy items offered for online sale ( Products) as per the rules set by Yourprice.shop ( Rules).
Yourprice.shop Terms and Conditions and the Yourprice.shop Rules are to be read together (part of each other) and is applicable for all Yourprice.shop Online platform and to all Customers
Acceptance Of Terms (what happens when you accept our terms and what happens if you don‘t)
Before exploring, visiting or using Yourprice.shop or availing any Yourprice.shop offering, service or experience made available through or on the Yourprice.shop Platform you must read and agree accept these Terms and Conditions, (more simply: to be on Yourprice.shop, you have to accept our terms).
- By using or subscribing to Yourprice.shop you represent (confirm) the following:
- that you are an individual at least 18 years of age capable of entering into legally binding contracts under Indian law; and
- you are a resident of India; and
- you have read, understood, and agree to be bound by these Terms and Conditions, together with any of our related policies and guidelines (e.g., our Rules and privacy policy and guidelines: https://yourprice.shop/privacy-policy) which are all part of these Terms and Conditions (just broken up under different heads for easy identification & use).
Just like life requires us to make changes from time to time, we may also need to make changes to these Terms and Conditions related policies and rules with or without notice. We therefore urge you to be always proactive and current when you use or access Yourprice.shop. If you don’t agree with the changes or updates, you can immediately stop using Yourprice.shop and cancel any Yourprice.shop subscriptions, account(s) and services you have previously signed up for (though we will be sorry to see you go). When you continue to use Yourprice.shop after a change or update has been made, you represent (confirm) that you accept the changed or updated Terms and Conditions and related policies or rules.
User Registration & Yourprice.shop Account (information we need to set up your Yourprice.shop Account)
To access Yourprice.shop, we require information such as your telephone number, name, address or any other information Yourprice.shop thinks is necessary for access to the Yourprice.shop Platform and for KYC purposes, including certain personally identifiable information to validate submitted Information (Information). All this Information is used to register you as a Yourprice.shop user and provide you with a Yourprice.shop account with the following features for your exclusive use (Yourprice.shop Account):
- A login ID, which will be your registered mobile number or e-mail
- (Login ID) User authentication through an OTP on your registered
- mobile number (OTP). You can use the Login ID and OTP, to log in to your Yourprice.shop Account.
The Log ID and OTP generated by Yourprice.shop are personal to you and for your exclusive use only and you are responsible for its security and use.
When you provide this Information you also give consent to your Information being accessed and shared by us with necessary parties to provide you our services (Don’t forget our website (https://Yourprice.shop/) uses cookies so by using our website and agreeing to Yourprice.shop Terms and Conditions, you consent to our use of cookies.
To know more about how your Information will be used or what your consent to use cookies means please read our Privacy Policy https://Yourprice.shop/privacypolicy.html which as we mentioned earlier is a part of these Terms and Conditions.
We maintain Information as per applicable law, and specifically the Information Technology Act, 2000, Information Technology (Amendment) Act, 2008 and the rules made thereunder (as amended from time to time).
- All your Information must be current, complete, true and accurate. You agree to update any changes in the information provided by you on Yourprice.shop as and when such changes occur. You agree not to use or provide any false or misleading information (it really is not worth the trouble!) and if the Company suspects that you have provided untrue, inaccurate, outdated or incomplete Information there is what can happen:
Notifications, Alerts and social media announcements (how we communicate with you & others)
- When you enable the notification and alerts provision you permit us to send you alerts, notifications and updates on your registered phone number and/or registered email address. Here are examples of a few good reasons why you may want to always enable your notification and alerts provision.
- You will receive timely notifications for those Online products you wish to purchase for that are time sensitive. This allows you to plan naming your price hours or days ahead without worry about forgetting!
- We may notify Yourprice.shop buyers by direct message on social media.
- We may send notification on how Yourprice.shop Products must be claimed. If the buyer fails to respond to our notification attempts within the given time period, we reserve the right to disqualify the said buyer and offer the Product to the next eligible Customer on our platform.
- Yourprice.shop and its users are active social media participants and when you sign on to Yourprice.shop you also consent to our social media engagement which may involve you. Here are some of the ways we may engage and expect participants to also engage as an essential condition of buying on Yourprice.shop.
- Announce Yourprice.shop buyers on our social media platforms, with the name and photograph, the town or region of residence and prize details of the buyer.
- Post blogs, posts, articles, press releases or information about Yourprice.shop in a number of unique ways.
- Require Yourprice.shop buyers to provide testimonials, make announcements and/or to ‘like’ or ‘follow’ our social media accounts.
Access time & OUTAGES (the internet & its problems)
Yourprice.shop is hosted on the cloud. The platform requires you to have high speed connectivity.
- All reasonable effort is made to ensure that your experience remains uninterrupted and continuous. That said, here are some examples of what we cannot and do not guarantee:
- Uninterrupted uptime.
- Outages or downtime or other issues due to etc., due to circumstances beyond the Company’s reasonable control, such as those mentioned below (Yourprice.shop Credit Exclusionary Events - this list is not complete – again just examples of events outside our control).
- Any force majeure event (such as fire, flood, strike or other labour, disturbance, interruption of or delay in transportation, pandemic, epidemic, acts of any governmental body, war, insurrection, sabotage, armed conflict, embargo);
- Unavailability of or interruption or delay in telecommunications or third-party services;
- Virus attacks or hackers, failure of third-party software (including, without limitation e-commerce software, payment gateways, chat, statistics or free scripts);
- Inability to obtain raw materials, supplies, or power used in or equipment needed for provision Yourprice.shop Services;
- Scheduled or emergency maintenance of Yourprice.shop, or upgrades to Yourprice.shop;
- Any third-party unwarranted and unauthorised intrusions (Intrusions), including without limitation, denial of service (DoS attack) or similar cyber-attacks;
- Domain Name System (DNS) issues outside the direct control of the Company such as Customer’s inability to connect to our IP address due to Customer’s loss of network or internet access or other network issues. The Company is not responsible for browser or DNS caching that may make your site appear inaccessible when others can still access it;
- Any Customer's acts or omissions (or acts or omissions of others engaged or authorised by the Customer), including, without limitation, custom scripting or coding on or in relation to Yourprice.shop, or any act attributable to Customer’s negligence or wilful misconduct; or
- Outages elsewhere on the Internet that hinder access to Customer’s account.
Since we do not guarantee uninterrupted service, we will not be liable if, for any reason if all or any part of the Yourprice.shop Platform or services becomes unavailable to you at any time, as a result of which you are not able transmit and receive data due to failure of network equipment(“Yourprice.shop Downtime), including on account of those managed and owned by the Company.
- Without prejudice to the above, (which simply means without negatively affecting anything we have said about not being able liable and not providing uptime guarantees), here is what we can do for you in case you experience a monetary loss (limited to the price of the voucher you have paid) due to Yourprice.shop Downtime:
- We have a Yourprice.shop Helpdesk to help you. Once you contact the Yourprice.shop Helpdesk , we will use all reasonable effort to address your issue and give you another code.
- We will restart the aspirational product offer or reschedule if an ongoing product offer is affected due to Yourprice.shop Downtime or outage.
All downtime or outage related issues will be handled solely at Yourprice.shop’s discretion, including any goodwill gesture such as YourPrice bonus vouchers. Goodwill gestures must not be confused with admission of any liability and is not a direct or indirect acknowledgement of the Company’s liability for any loss incurred due to Yourprice.shop Downtime or for breach of any warranty of performance of Yourprice.shop services.
Disclaimer And Warranties (what you read here is what you get)
- As an adult you are responsible for your own actions and therefore even though you know it we are saying it again:
- We are NOT responsible for any loss or damage caused by your use of Yourprice.shop or any of our services or for any loss or damage to yourself, to others or to property due to your participation in any part of the Yourprice.shop sale process (including unavailability of an Yourprice.shop Product or cancellation of Yourprice.shop services).
- We also do NOT provide any assurance or guarantee for any Product or Yourprice.shop service – simply because we can’t as the Products are not ours. We do not sell or deal in any of the Products available during an Yourprice.shop sale. The Company therefore disclaims all warranties, including without limitation any implied warranties of title, non-infringement, merchantability, price or fitness for a particular purpose, in relation to the products, the transactions conducted on Yourprice.shop, and all related services (including delivery).
By agreeing to these provisions you release and discharge the Company from any and all claims, liabilities, causes of action, damages, losses, demands or obligations of every kind and nature, in relation to any Product or Yourprice.shop service provided to you.
Intellectual Property Rights (who owns the Brains and how to treat it right)
The Company is the sole owner and licensee of all the rights to Yourprice.shop and its content. This means that Yourprice.shop owns everything (right, title or interest) that is directly or indirectly responsible for the creation of Yourprice.shop .
More specifically, the Company owns all designs, marks, names, services, know-how or other information (as well as all improvements, derivations or modifications made to them), and owns all promotional material used by Yourprice.shop, including the brand, label, design, layout, images, user-interface, domain-names and text. The Company also owns the copyrights to any algorithm, artwork and designs created or incorporated into Yourprice.shop, whether or not it is expressly protected under any copyright, design, trademark or any other equivalent right, grant or law, or by any application in respect of them. All of this is collectively referred to as Intellectual Property (just like moveable or immovable property – this is called intellectual property because it is value created by the intellect of the Company )
Company’s ownership and title over such Intellectual Property is protected by all applicable laws including such as copyright, trademark, trade-names, internet domain names, data protection, Information Technology laws, privacy rights and other similar rights and statutes. All ownership and intellectual property rights in Yourprice.shop and its contents (Yourprice.shop IPR) shall remain with Company, its affiliates or licensors, as the case may be and does not pass on to you upon your usage of the Yourprice.shop or its services.
As we have put in a lot of hard work to develop a one-of-its kind Intellectual Property you are responsible for treating our Intellectual Property with care. You may view and utilise content from Yourprice.shop for your own personal use, subject to the restrictions set out below and elsewhere in these Terms and Conditions. You must NOT reproduce, duplicate, copy or otherwise exploit material or content from Yourprice.shop for any purpose whatsoever; or edit or otherwise modify any content or pages of Yourprice.shop; or remove any copyright and other notices contained in any content displayed, downloaded, or copied from Yourprice.shop; or store electronically any significant portion of any content.
You agree and confirm to only use Yourprice.shop for the purpose of buying products, experiencing and being a part of the Yourprice.shop platform’s site and app owned and operated by Yourprice.shop. You agree and confirm that any use other than as specified above is considered unauthorised use. You also agree to inform us of any unauthorised use of our Intellectual Property by any third-party and agree to cooperate with us for restricting and prohibiting such unauthorised use of our Intellectual Property.
Prohibited Activities (do not attempt any of these activities)
- In addition to activities prohibited in clause 7.4, as a critical and material condition of your use of Yourprice.shop, you agree and undertake that you will not at any time, directly or indirectly, do, or permit, allow, ask, authorise anyone else to do all or any of the following activities.
- In case we suspect any of the above, the Company reserves the rights to do any or all of the following
Online Sale (rules of engagement)
You have to meet all the conditions stated in clause 2.2 of this Agreement to be eligible to enter your price and as per the Yourprice.shop Rules for each type of Yourprice.shop sale..
Please note that Yourprice.shop Sales are dynamic and therefore Yourprice.shop will introduce new formats from time to time. It is your sole responsibility and in your best interest to note the sale type and ensure that you know the rules for that specific format before entering (that is why Yourprice.shop Practice Sales are available for free!)
Aspirational Product claims (to claim a product won)
All product purchases must be claimed by the buyer within the time and the manner specified in the Confirmation Note
Payment instruction will be generated and payments must be paid in full on the online payment gateway provided. For all products claimed, customers pay the GST (if applicable) in addition to the final price they entered in the sale.
No part payment against payment instruction will be accepted as a valid claim of the purchase.
All payments are to be cleared within the specified time limit and no extension of time will be granted under any circumstance.
YourPrice.shop will make every effort of going down the list of offers made from the highest to lowest until the offer is accepted and confirmed as per the Yourprice.shop Rules.
Price disqualification and cancellation (why & when a price is not valid)
Prices will be accepted and announced as the ‘accepted price’, only if the price was entered as per all applicable Yourprice.shop Rules.
Any price entered other than by an individual user’s personal effort will lead to automatic disqualification. The accepted price will be cancelled and the responsible party or parties will be debarred from any future Yourprice.shop transaction. The buyer in such cases loses/forfeits any right to demand acceptance of the price.
Yourprice.shop reserves the right to reject or cancel any such disqualified price even after acceptance of the price, or issue of the Confirmation Note or delivery of the Product.
If Yourprice.shop is notified of any attempt or use of malpractice, manipulation or use of any technical tools, or use of API, or any automated process or breach of Yourprice.shop Intellectual Property Rights such as reverse engineering, to enter prices or buy a product, or using means such as mirroring Online sale to enter price , Yourprice.shop reserves all rights and remedies available in law to recover damages and costs to the fullest extent available under law at the sole cost of those in breach of these provisions.
Limitations Of Liability (what you cannot sue for or recover from us)
You understand and expressly agree that the Company shall not be liable for any indirect, incidental, special, punitive, consequential or exemplary damages arising out of or in any way related to this agreement or the use of any or all of Yourprice.shop services, including, without limitation, damages relating to use of Yourprice.shop services, Yourprice.shop data or other intangible losses (even if Company has been advised of the possibility of such damages). Without prejudice to the foregoing, the aggregate liability of Company for any reason and upon any cause of action (including, without limitation, negligence, strict liability and other actions in contract or tort) arising out of or in any way related to Yourprice.shop, its services or products for sale on the Yourprice.shop Platform or this agreement shall be limited to the price of the voucher actually received by the Company from you in relation to the specific transaction giving rise to such liability, which net payment shall be computed after deducting all sums paid by company to the third parties and after excluding any taxes paid or payable on the transaction.
The limitation of liability herein applies to all liabilities in the aggregate, including, without limitation, those resulting from your use or your inability to use Yourprice.shop or any other part of the services, or any other matter arising from or relating to Yourprice.shop.
Force Majeure (events we cannot control)
You will not hold Yourprice.shop or the Company responsible or liable for any delay or non-performance of any obligations under this Agreement that may occur due to any cause(s) beyond our reasonable control including but not limited to, Act of God, Government Act, War, Fire, Flood, Explosion, Civil commotion, Pandemic etc.
Assignment & Exclusion Of Third-Party Rights (it’s just you and us!)
Services provided under the Agreement are personal to you. You are expressly prohibited from assigning, transferring or conveying any part or the whole of the Agreement between you and us to any third party or entity, without prior permission and written consent from the Company.
These Terms and Conditions are for the benefit of the parties involved, i.e. you and the Company, and are not intended to benefit any third party or to be enforceable by any third party. The exercise of your rights, or those of the Company in relation to these Terms and Conditions is not subject to the consent of any third party.
Indemnity & Consequences for breach (making it right)
You agree to indemnify and hold Company harmless, and to defend the Company from and against any claim, demand, cause of action, debt, loss or liability, including reasonable attorneys’ fees, to the extent that such action is based upon, arises out of, or relates to: (i) your use of (or inability to use) the Yourprice.shop or services therein; (ii) your violation of the Terms and Conditions governing your use of the Yourprice.shop or services therein; (iii) the infringement by you, or any other person using your password and Account, of any right of any person or entity; or (iv) any other activities of yours accomplished by using the Yourprice.shop or its Services.
Without prejudice to our other rights under these Terms and Conditions, if you breach these Terms and Conditions in any way, we may take such action as we deem appropriate to deal with the breach, including suspending your access to the Yourprice.shop and its services, or prohibiting you from accessing Yourprice.shop or its services either temporarily or permanently, or by blocking computers using your IP address from accessing Yourprice.shop or its services, or by contacting your internet service provider to request that they block your access to Yourprice.shop or its services and/or by bringing legal action including court proceedings against you.
Notwithstanding any of these Terms and Conditions, Company reserves the right, without notice, in its sole discretion, to terminate your Account and/or block your use of the Yourprice.shop or services therein.
You acknowledge that we are not required to provide you notice before terminating or suspending your access to the Yourprice.shop or its services but may choose to do so at our sole discretion. We reserve the right to deny, in our sole discretion, any user access to Yourprice.shop or its services without notice and for any reason (including, without limitation, for violation of these Terms and Conditions).
Severability (amputate & carry on)
If a provision of these Terms and Conditions is determined by any court or other competent authority to be unlawful and/or unenforceable, the other provisions will continue in effect. If any unlawful and/or unenforceable provision would be lawful or enforceable if part of it were deleted, that part will be deemed to be deleted, and the rest of the provision will continue in effect.
Entire Agreement (this is it folks!)
These Terms and Conditions, together with our Rules, Privacy Policy and Disclaimer constitute the entire agreement between you and us in relation to your use of Yourprice.shop and its services.
Law And Jurisdiction (always & only Bengaluru, Karnataka, India!)
These Terms and Conditions will be governed by and construed in accordance with laws of India, and any disputes relating to these Terms and Conditions will be subject to the exclusive jurisdiction of the courts in Bangalore, Karnataka.
Grievance And Queries (help!)
For grievances and queries on Yourprice.shop, its services or policies of the Company, you can reach us by email at: [email protected].Learn to speak “YourPrice” (YourPrice key words & their meaning)
- YourPrice: A product promotion and customer acquisition platform for our product partners to drive users with serious intent to purchase by buying vouchers sold on Yourprice.shop that allows you to name YourPrice for aspirational products like IPhones, Cars etc.
- Voucher Price: fee paid to buy vouchers at a particular price that can be redeemed for various interesting products online at face value of the Voucher.
- YourPrice - the price at which you want to buy an aspirational product on Offer.
- Offer Confirmation Note - OCN - the note that will tell you if your offer was accepted and how to claim the product.
- YourPrice Private Offers : Tre by invitation only - Private Offers that can only be accessed with a YourPrice Private Code (provided with the invitation; the Code is not transferable)
1. Vouchers
Consumers can buy vouchers from our brand partners on the YourPrice.shop app that can be used at their various outlets against purchases that they make by providing the code on the voucher within the stipulated time on the validity of the code. Codes can only be used ONCE for the entire amount of that voucher (and not in parts). If for some reason, the voucher code is not valid, then please get in touch with [email protected].
For eg, if you buy a voucher of Rs.1000/- for a particular product partner - e.g. Starbucks you will be able to use this voucher at any Starbucks outlet for Rs.1000/-.
2. “Name YourPrice Offers”
To enter a YourPrice offer, you need to be 18 years or older, living in India and you need to buy the necessary voucher to participate in these offers.
Once you decide to participate in a particular offer, you will put in YourPrice and then wait until the number of offers have reached.
- - Start Date:
- - End Date:
- - Voucher amount needed to participate:
- - Number of offers needed:
- - MRP:
- - Product Sold By:
- - Commitment Amount to Seller:
- - Any Ts & Cs:
- - Start Price of the Offer:
- - YourPrice and Time Stamp:
For example, “Name YourPrice Offer for IPhone 16 ProMax 256GB”
- - Date: Jan 15th, 2025
- - End Date: Jan 31st, 2025
- - Voucher Amount: Rs. 2000/-
- - Number of Offers needed: 200
- - Current Number of Offers: xxx/200
- - MRP: Rs. 1,44,900/-
- - Product Sold By: Vikas Mobiles
- - Commitment Amount: Rs.5000/-
- - Any Ts & Cs: Product must be returned within 24 hours in its original box
- - Start Price: Rs. 72,000/-
- - YourPrice and Time Stamp: Rs. 97,000/- (which you as the consumer will input), Jan 17th, 2025, 8.04pm
- - Highest Price and TimeStamp : this will be revealed only once the 200 number has been reached or the end date, Jan 31st, in this example, with the name of the Consumer who put in this price with timestamp.
- - If two or more people have put in the same highest price, then the one who has put it in first (earliest time stamp) will be considered as the Highest Offer.
3. Name YourPrice Offers
- Always enable YourPrice notifications to receive alerts about updates. You can also view your Offers under “My Offers” on your dashboard.
4. HIGHEST -PRICE OFFERED gets the product
- There can be only ONE person whose name, offer price and time stamp will be announced once the number of offers or End Date has reached. The customer will receive a YourPrice Congratulatory message at the end of an Offer.
- From the example above : Current Number of Offers: 200/200 - at this point the Highest Offer will be revealed
- Highest Offer: Rs, 1,00,001/- Jan 16th at 6.13pm
- Highest Price Offered :in the example above, Rs. 1,00,001/- on Jan 16th , 2025 at 6.13 pm - so the person who offered this will now get the IPhone on offer as it was the Highest and earliest offer.
NOTE:
5. Claim your Product
- Follow the instruction in the congratulatory message.
- Name YourPrice Offer Confirmation Note (OCN) will give you product details and how to pay the amount and collect your product.
- In the example above, the commitment offer is Rs.5000/- and to accept the offer, this amount needs to be paid directly to the seller in this example which is Vikas Mobiles.
Offer Disqualification and Cancellation
If YourPrice is notified of any attempt or use of malpractice, manipulation or use of any technical tools, mirroring of YourPrice to place offers, or use of API or any automated offer process or breach of intellectual property rights of YourPrice such as reverse engineering, to place offers to get the products, YourPrice reserves all rights and remedies available in law to recover damages and costs to the fullest extent available under law at the sole cost of those in breach of these provisions (including YourPrice and Offer terms and conditions).
- In addition to the above, the offer will be cancelled, and the responsible party or parties will be debarred from any future YourPrice Offers.
- YourPrice reserves the right to disqualify an offer (past or present), at any time, including after acceptance of the Offer, or issue of the Offer Confirmation Note (OCN) or delivery of the product. for any of the above or breach of YourPrice Terms and Conditions (including for entering YourPrice Offer by using a Private Offer YourPrice Codes by any one other than the person invited to the Private Offer) and recover all costs, losses, and damages associated with such disqualification and cancellation.