Teaser is an IT platform for giving and accepting sponsorships and donations. We do not provide any financial return in any form whatsoever, including but not limited to financial securities (debt or equity), interest, dividend, profit share, rewards in cash, to individuals who contribute on Teaser. Teaser owned by FG Media and Safety Technologies Pvt Ltd, 107, 2nd Main, RT Nagar, Bengaluru, Karnataka State. PIN: 560032
Any contribution on Teaser, by an individual, should not be construed as an investment in any form whatsoever.
These terms and conditions apply in addition to any other terms and conditions that the Company or its affiliated organizations may ask you to sign at the time of making the contribution. The Company may ask you to sign specific terms and conditions at different point of activities on the Website and Mobile Applications.
Summary of Service
Teaser is an online platform where certain users (‘Campaigners’) run campaigns to raise funds for their creative & innovative projects. They raise funds by asking for contributions from other users (‘contributors’ or ‘funders’) in return for tangible and intangible rewards. Through the Teaser, email, Website and Mobile Applications, and other media, the Company makes accessible various content, including, but not limited to, videos, photographs, images, artwork, graphics, audio clips, comments, data, text, software, scripts, projects, other material and information, and associated trademarks and copyrightable works (collectively, “Content”). Campaigners, contributors or funders, and other visitors (collectively, “Users”) may have the ability to contribute, add, create, upload, submit, distribute, facilitate the distribution of, collect, post, or otherwise make accessible (“Submit”) Content. “User Submissions” means any Content Submitted by Users. By creating a fundraising campaign on Teaser, you as the campaigner are offering the public the opportunity to enter into a contract with you. By funding or contributing fundraising campaign on Teaser, you as the funder/contributor accept that offer and the contract between the campaigner and the funder/contributor. Teaser is not a party to that agreement between the campaigner and the funder/contributor. All dealings are solely between Users.
Acceptance of Terms
Fund transaction and accountability
The Teaser offers its own Wallet for smooth collection and maintenance of funds and also maintains various payment gateways to facilitate transaction of funds for campaigns. However, it may be noted that the Teaser or the Company:
Terms and Conditions for Fundraisers (Those Who Want To Raise Funds)
Fund transfer and management
Teaser only enables the flow of funds from funders to campaigners and is not the final recipient of funds raised on its platform, unless running a proprietary crowd funding campaign. Teaser deducts its transaction fees (including service tax) and transfers the net amount. If the campaigner has not met their funding goal, the transfer amount does not include the contributions chosen for a refund.
Note for Ngos: You have to be registered/approved with FCRA to be able to receive foreign donations. Else foreign contributions will be restricted on your campaign.
Campaigners must bear any tax liabilities on the funds raised through Teaser. These taxes may include, but are not limited to, income tax, VAT, and service tax applicable on the fund’s raised or on the procurement of rewards. Teaser is not liable to provide any tax or legal advice to campaigners in addition to the information already provided in our FAQs section
While campaigners have full project ownership and the right to complete it, they are accountable and obliged to finish the project by the deadline they have set. Campaigners must also keep the funders updated about the work in progress in case of delays to avoid funder dissatisfaction. The Company or the Teaser does not make any claims or guarantees on behalf of the campaigner regarding the completion of the project and usage of the funds raised solely for the purpose of the project. Similarly, the Company or the Website and Mobile Applications does not take any responsibility for making sure that the project for which the funds are raised through its Teaser is completed and made available to the contributors. The contributors are free to get in touch with the campaign owner directly and solving any dispute that arises regarding the campaign or the project.
Teaser branding & marketing
Campaigners must include Teaser’s logo branding on all project and/or campaign related marketing collaterals, whether online or offline (e.g., online banners, offline flyers) as per Teaser’s brand and logo guidelines. Teaser should be credited as the project’s “Online Crowd funding Partner” at campaign or project related offline events. Also successful campaigners are obliged to attend and/or lead Teaser’s branding & marketing activities such as events, ad videos, interviews, etc.
Teaser reserves the right to reject, cancel, interrupt, remove, or suspend a campaign at any time and for any reason. Teaser is not liable for any damages as a result of any of those actions. Teaser’s policy is not to comment on the reasons for any of those actions.
Teaser reserves the right to make changes in its technology platform or crowd funding services at anytime as it sees fit with due notification to campaigners and other users. Teaser will not tailor its offering to various campaigners. Users are requested to keep themselves updated with all changes on Teaser’s platform and policies by regularly checking its FAQs or with the Company directly.
The Company will not have any ownership rights over your User Submissions and Content. However, the Company will get the license to perform and market the Teaser on your behalf and on behalf of its other Users and itself. You grant to the Company the worldwide, non-exclusive, perpetual, irrevocable, royalty-free, sub licensable, transferable right to (and to allow others acting on its behalf to) (i) use, edit, modify, prepare derivative works of, reproduce, host, display, stream, transmit, playback, transcode, copy, feature, market, sell, distribute, and otherwise fully exploit your User Submissions and your trademarks, service marks, slogans, logos, and similar proprietary rights (collectively, the “Trademarks”) in connection with (a) the Teaser, (b) the Company’s (and its successors’ and assigns’) businesses, (c) promoting, marketing, and redistributing part or all of the Teaser (and derivative works thereof) or the service in any media formats and through any media channels (including, without limitation, third-party Website and Mobile Applications); (ii) take whatever other action is required to perform and market the Service; (iii) allow its Users to stream, transmit, playback, download, display, feature, distribute, collect, and otherwise use the User Submissions and Trademarks in connection with the Service; and (iv) use and publish, and permit others to use and publish, the User Submissions, Trademarks, names, likenesses, and personal and biographical materials of you and the members of your group, in connection with the provision or marketing of the Service. The foregoing license grant to the Company does not affect your other ownership or license rights in your User Submissions, including the right to grant additional licenses to your User Submissions.
The Teaser does not permit campaign owners and users to link to other Website and Mobile Applications or resources on the Internet, and other Website and Mobile Applications or resources may contain links to the Teaser. Company is not liable for the content, functions, accuracy, legality, appropriateness, or any other aspect of those other Third party websites and mobile applications or resources. The inclusion on another Website and Mobile Applications of any link to the Teaser does not imply endorsement by or affiliation with the Company
Terms and conditions for funders or contributors (Those Who Want To Give Funds)
Contributors can only fund a project by registering on the Teaser using the Teaser’s login procedures. By choosing the Facebook login, they agree to give the Teaser, access to their Facebook account’s profile pictures and email id. They also allow the Teaser to create their account on Teaser and use their FB profile picture as the profile picture of their Teaser account. The Teaser does not publish any content on their Facebook profiles without their permission.
A contribution is a voluntary donation made by a contributor to a project’s campaign running on the Teaser for the purpose of raising funds. The contributor does not make the contribution for any monetary returns like equity or profit share in the project, neither is his/her contribution considered a loan to the project or its campaigner.
Fees and taxes
Contributors give their consent and authorize the Teaser to deduct the necessary commissions on the contributed amount before transferring to the final recipient i.e., the campaigner
By funding a campaign, the contributors agree to provide their name, email address, phone number, billing and shipping addresses. They also agree to provide the authorized online payment gateway of the Teaser, Razorpay, necessary & required details of their credit and debit cards for making an online contribution, or the accurate address for cash/cheque pick up to the Teaser’s offline collection vendors. Contributors agree to have sufficient funds or credit during making a contribution for a campaign. Contributors are informed that their credit and debit card related details are not provided to the Company or the Teaser by the online payment gateway & remain confidential.
Other contributor information
Contributors authorize the Teaser to provide campaigners their name and contact details for the purpose of delivering rewards and connecting regarding queries or updates regarding the funded project.
Additionally, they also authorize the Teaser to publish their name and image on the ‘Contributor’ section of the campaign that is funded by them. However, contributors can choose to be “anonymous”, if they don’t wish to make themselves public. None of the contributors’ funding amount is made public by the Teaser. Furthermore, by providing the Teaser their contact details, contributors agree to receive regular updates about the future crowd funding campaigns on the Teaser through fortnightly newsletters. They can always choose to deactivate reception of the Teaser’s newsletter and other notifications.
Refund & Cancellation
You make contributions on the Website and Mobile Applications are made towards Projects or people with the social impact as the primary cause. You understand that this contribution is not for purchase of any goods or services. Therefore, the contributions once cleared by the payment gateway will go towards the project you intended to give to, and therefore cannot be refunded or cancelled. In case the project is cancelled before the money is given by the Company to the project owner, the contributions will be refunded to designated bank accounts. The company will seek information, through e-mail, on your bank account for electronic transfer. The Company will refund the amount in 15 working days from the date of receipt of complete information. The Company will not be responsible for any wrong information. However, such refund will be subject to applicable payment gateway fees and taxes.
Rights of the project
Contributors agree to not claim any ownership in the project they fund through the campaign on the Teaser. The rights of the project remain with the campaigner. Dispute between campaigners and their contributors The Teaser or the Company is under no obligation to become involved in disputes between any Users, or between Users and any third party arising in connection with the use of the Teaser. This includes, but is not limited to, delivery of goods and services, and any other terms, conditions, warranties, or representations associated with campaigns on the Teaser. You release the Teaser and Company, its officers, employees, agents, and successors in rights from claims, damages, and demands of every kind, known or unknown, suspected or unsuspected, disclosed or undisclosed, arising out of or in any way related to such disputes and the service.
Rules and Conduct
You shall not directly or indirectly: (i) decipher, decompile, disassemble, reverse engineer, or otherwise attempt to derive any source code or underlying ideas or algorithms of any part of the Service, except to the limited extent applicable laws specifically prohibit such restriction; (ii) modify, translate, or otherwise create derivative works of any part of the Service; or (iii) copy, rent, lease, distribute, or otherwise transfer any of the rights that you receive hereunder. You shall abide by all applicable local, state, national, and international laws and regulations.
The Company does not guarantee that any Content will be made available through the Service. The Company has no obligation to monitor the Service or Content. The Company reserves the right to, at any time, for any reason, and without notice: (i) cancel, reject, interrupt, remove, or suspend a campaign or project; (ii) remove, edit, or modify any Content, including, but not limited to, any User Submission; and (ii) remove or block any User or User Submission. Teaser reserves the right not to comment on the reasons for any of these actions.
Termination Warranty Disclaimer
The Company has no special relationship with or fiduciary duty to you. You acknowledge that the Company has no duty to take any action regarding any of the following: which Users gain access to the Teaser; what Content Users access through the Teaser; what effects the Content may have on Users; how Users may interpret or use the Content; or what actions Users may take as a result of having been exposed to the Content. The Company cannot guarantee the authenticity of any data or information that Users provide about themselves or their campaigns and projects. You release the Company from all liability for your having acquired or not acquired Content through the Teaser. The Teaser may contain, or direct you to Website and Mobile Applications containing, information that some people may find offensive or inappropriate. The Company makes no representations concerning any Content on the Teaser, and the Company is not liable for the accuracy, copyright compliance, legality, or decency of material contained on the Service.
The Company does not guarantee that any Content will be made available through the Teaser. The Company has no obligation to monitor the Service or Content. The Company reserves the right to, at any time, for any reason, and without notice: (i) cancel, reject, interrupt, remove, or suspend a campaign or project; (ii) remove, edit, or modify any Content, including, but not limited to, any User Submission; and (iii) remove or block any User or User Submission. The Company reserves the right not to comment on the reasons for any of these actions.
The Service is provided “as is” and “as available” and is without warranty of any kind, express or implied, including, but not limited to, the implied warranties of title, non-infringement, merchantability, and fitness for a particular purpose, and any warranties implied by any course of performance or usage of trade, all of which are expressly disclaimed. The Company, and its directors, employees, agents, suppliers, partners, and content providers do not warrant that: (a) the Service will be secure or available at any particular time or location; (b) any defects or errors will be corrected; (c) any content or software available at or through the Service is free of viruses or other harmful components; or (d) the results of using the Service will meet your requirements. Your use of the Service is solely at your own risk. Some states or countries do not allow limitations on how long an implied warranty lasts, so the above limitations may not apply to you.
The Company makes no guaranty of confidentiality or privacy of any communication or information transmitted on the Teaser or any Website and Mobile Applications linked to the Teaser. The Company will not be liable for the privacy of email addresses, registration and identification information, disk space, communications, confidential or trade-secret information, or any other Content stored on the Company’s equipment, transmitted over networks accessed by the Teaser, or otherwise connected with your use of the Service. The Company will not be liable for the privacy of email addresses, registration and identification information, disk space, communications, confidential or trade-secret information, or any other Content stored on the Company’s equipment, transmitted over networks accessed by the Teaser, or otherwise connected with your use of the Service.
Content and License
You agree that the Teaser contains Content provided by the Company and its partners and Users and that the Content may be protected by copyrights, trademarks, service marks, patents, trade secrets, or other rights and laws. You shall abide by and maintain all copyright and other legal notices, information, and restrictions contained in any Content accessed through the Service. The Company grants to each User of the Teaser a worldwide, non-exclusive, non-sub licensable and non-transferable license to use and reproduce the Content, solely for personal, non-commercial use. Use, reproduction, modification, distribution, or storage of any Content for other than personal, non-commercial use is prohibited without prior written permission from the Company, or from the copyright holder. You shall not sell, license, rent, or otherwise use or exploit any Content for commercial use or in any way that violates any third-party right.
By submitting Content (User Submissions) on the Teaser, you agree to the following terms:
Limitation of Liability
In no event shall the Company, nor its directors, employees, agents, partners, vendors, suppliers, or content providers, be liable under contract, tort, strict liability, negligence, or any other legal or equitable theory with respect to the service (i) for any lost profits, data loss, cost of procurement of substitute goods or services, or special, indirect, incidental, punitive, or consequential damages of any kind whatsoever, substitute goods or services (however arising) and (ii) for any bugs, viruses, trojan horses, or the like (regardless of the source of origination).
Electronic Delivery, Notice Policy, and Your Consent
Integration and Severability
You are allowed to perform any activity only after accepting these Terms and Conditions