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Privacy Policy

Effective Date: 01st August 2025

AuditVeda is a technology platform owned and operated by YOURS FAITHFULLY ADVISORS LLP ("we," "us," or "our"). We are committed to safeguarding the privacy of users in compliance with the General Data Protection Regulation (GDPR) and Digital Personal Data Protection (DPDP) Act, 2023 of India. This Privacy Policy outlines how we collect, use, disclose, and protect your information.

1. Data Controller

YOURS FAITHFULLY ADVISORS LLP

207, Building No. 1, Millennium Business Park,

Sector 2, Mahape, Navi Mumbai – 400710

Email: vishal@yfadvisors.in

2. Information We Collect

a) Personal Data Provided by You

  • Full name
  • Email address
  • Mobile number
  • Residential address
  • Government-issued identity documents (e.g., Aadhaar, PAN)
  • Bank account or UPI ID (for payments)
  • Selfie/photo for verification

b) Automatically Collected Data

  • Device type, model, and operating system
  • App usage logs
  • IP address
  • GPS-based location (only with consent)
  • Crash logs and diagnostics

c) Sensitive Personal Data (as per Indian DPDP Act)

  • Financial details (bank account, UPI)
  • Identity documents for verification

3. Lawful Basis for Processing

Under GDPR:

  • Consent: For processing geolocation, KYC documents
  • Contractual necessity: To assign and manage audit-related tasks
  • Legal obligation: For compliance with tax, labor, and regulatory laws
  • Legitimate interest: For fraud prevention, internal record keeping, platform improvements

Under DPDP Act (India):

  • Based on free, informed, and explicit consent
  • For purposes considered legitimate use, as per the Act

4. Purpose of Data Collection

  • Freelancer onboarding and KYC
  • Task allocation using pincode/location
  • Communication and notification regarding assignments
  • Verification of audit data
  • Payment disbursement
  • Internal analysis, fraud detection, and performance optimization

5. Data Sharing

We may share your personal data with the following:

  • Clients: Who require audit/verification services
  • Cloud service providers: AWS, Firebase
  • Communication service providers: SMS/email providers
  • Payment partners: UPI processors, banks
  • Regulatory authorities: When legally required

6. International Data Transfers

  • Data may be stored or processed on cloud infrastructure located outside India or the EEA.
  • We use Standard Contractual Clauses (SCCs) or similar legal frameworks to ensure data protection.

7. Data Security

  • End-to-end encryption for data in transit and at rest
  • Role-based access control
  • Secure login (e.g., OTP verification, two-factor authentication)
  • Periodic audits and vulnerability assessments

8. Your Rights

You may exercise the following rights by contacting us at vishal@yfadvisors.in:

  • Right to access your data
  • Right to correct or update your data
  • Right to withdraw consent
  • Right to deletion and data portability
  • Right to lodge a complaint with a Data Protection Authority

9. Data Retention

  • We retain your data as long as required to provide our services and meet legal obligations.
  • Upon request or account closure, data is deleted or anonymized unless legally required.

10. Children's Privacy

  • AuditVeda is intended only for users aged 18 and above.
  • We do not knowingly collect personal data from minors.

11. Changes to this Policy

  • Changes will be notified within the app or via email.

12. Contact

207, 2nd Floor Building No 1, 61 Sector-2, Millenium Business Park, MIDC IndustrialArea, Navi Mumbai, Maharashtra 400710

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