Privacy Policy
Last Updated: June 1, 20241 Introduction
At VentureGenius, we value your privacy and are committed to protecting your personal data. This Privacy Policy describes how we collect and use the personal information you provide when using our platform.
By using our services, you agree to the practices described in this Privacy Policy. We only collect your personal information when we need it to provide a service to you, or to improve our services.
We only handle personal information in ways that are fairly compatible with the purpose for which it was collected, as you would reasonably expect.
2 Information We Collect
Personal Information
Usage Information
Technical Information
3 How We Use Information
We use the information we collect for the following purposes:
- To provide, operate, and maintain our services
- To create and maintain your account and personalize your experience
- To improve and develop new features and services
- To respond to your service and support requests
- To send you administrative notifications and service-related updates
- To analyze platform usage and improve its performance
- To comply with legal obligations and resolve disputes
4 Legal Basis for Processing
We process your personal data based on one or more of the following legal grounds:
Contract Performance
Processing your data is necessary for the performance of a contract to which you are a party or to take steps at your request prior to entering into a contract.
Legitimate Interests
Processing your data is necessary for our legitimate interests or those of a third party, as long as it does not override your rights and freedoms.
Consent
You have given explicit consent for us to process your personal data for a specific purpose.
Legal Obligation
Processing your data is necessary for compliance with a legal obligation to which we are subject.
5 Data Sharing
We never sell your personal information. However, we may share your information with the following parties:
Service Providers
Business Transfers
Legal Requirements
With Your Consent
7 Data Retention
We retain your personal information only for as long as is necessary for the purposes set out in this Privacy Policy. We will retain and use your personal information to the extent necessary to comply with our legal obligations, resolve disputes, and enforce our agreements.
Account data: as long as your account is active and thereafter according to legal requirements
Startup project information: as long as the project is active and up to 7 years after deletion
Payment data: according to accounting and tax requirements (usually 7-10 years)
Contact data: 2 years after last interaction with us
8 Your Rights
Depending on your location, you may have certain rights regarding your personal data:
Right to Access
You have the right to request copies of your personal data that we hold.
Right to Rectification
You have the right to request that we correct any information you believe is inaccurate.
Right to Erasure
Under certain conditions, you have the right to request that we erase your personal data from our records.
Right to Restrict Processing
Under certain conditions, you have the right to request that we restrict the processing of your personal data.
Right to Data Portability
You have the right to request that we transfer the data that we have collected to another organization, or directly to you.
Right to Object
You have the right to object to our processing of your personal data, under certain conditions.
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To exercise any of these rights, please contact us using the information below.
Contact us to exercise your rights9 Data Security
The security of your information is important to us. We use commercially appropriate security measures to protect your personal data from accidental loss and unauthorized access, use, alteration, or disclosure.
- We use SSL/TLS encryption to secure all data transmitted to and from our servers
- We implement a strict permissions policy for accessing personal data within our team
- We conduct regular security audits and vulnerability assessments to identify and fix potential issues
- We ensure our employees and partners are aware of data confidentiality and security practices
No method of transmission over the Internet, or method of electronic storage is 100% secure. While we strive to protect your personal information, we cannot guarantee its absolute security.
10 International Data Transfers
Our operations, infrastructure, and servers are located in Algeria. If you are providing your information from another country, please be aware that you are transferring your data to Algeria, which may have different data protection laws than your country.
Where we transfer your data outside your economic area, we ensure adequate safeguards are in place to protect your data, such as relying on adequacy decisions, standard contractual clauses, or other approved transfer mechanisms.
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11 Children's Privacy
Our Service is not directed to anyone under the age of 18. We do not knowingly collect personally identifiable information from children under 18.
If you are a parent or guardian and you are aware that your child has provided us with personal data, please contact us. If we become aware that we have collected personal data from children without verification of parental consent, we take steps to remove that information from our servers.
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12 Changes to This Policy
We may update our Privacy Policy from time to time. We will notify you of any changes by posting the new Privacy Policy on this page and by sending you a notice.
You are advised to review this Privacy Policy periodically for any changes. Changes to this Privacy Policy are effective when they are posted on this page.
13 Contact Us
If you have any questions about this Privacy Policy, please contact us.
Contact Information
- StartupLaunchPad
- 123 Startup Avenue, Algiers 16000, Algeria
- privacy@adaikatech.com
- +213 123 456 789
Data Protection Officer
dpo@adaikatech.com