HYPR Electric – Privacy Policy
Last Updated: July 2025
HYPR Electric (“we,” “our,” or “us”) is committed to protecting the privacy and security of your personal information. This Privacy Policy describes how we collect, use, process, and disclose your information when you access or use our website, services, and investment platform (collectively, the “Services”).
By using our Services, you agree to the collection and use of information described in this policy.
1. Information We Collect
Personal Information You Provide Voluntarily:
When you register for an account, choose an investment portfolio, sign e-agreements, make payments, or communicate with us, we collect:
Contact Information: Name, email address, phone number, mailing address.
Financial Information: Bank account details, payment information, tax identification numbers (e.g., PAN).
Identity Verification Documents: Such as Aadhaar card, passport, or driving license, required for KYC (Know Your Customer) and regulatory compliance.
Communication Content: Any information you provide through customer support or other interactions.
Information Collected Automatically:
When you access and use our Services, we may collect:
Device Information: IP address, browser type, operating system, device identifiers.
Usage Data: Pages visited, time spent, referral sources, app activities (e.g., vehicle deployment and earnings tracking).
Cookies and Tracking Technologies: We use cookies and similar tools (web beacons, pixels) to enhance and monitor activity on our Services.
2. How We Use Your Information
We use your information to:
Provide and maintain our Services, including investment management, transaction processing, and app access.
Communicate with you through updates, alerts, newsletters, promotions (with your consent), and customer support.
Comply with legal and regulatory requirements such as KYC, anti-money laundering (AML) checks, and tax reporting.
Improve and personalize Services, troubleshoot, develop new features, and enhance user experience.
Protect against fraud, unauthorized access, and security threats.
Analyze trends, evaluate campaign effectiveness, and conduct internal research.
We do not sell your personal information to third parties. However, we may share your data in the following ways:
Service Providers: Third-party vendors assisting us with payment processing, identity verification, cloud hosting, analytics, legal, or accounting services. They are obligated to protect your information and only use it for the disclosed purpose.
Our Partners (Fleet Operators): Under our Franchise-Owned, Company-Operated (FOCO) model, relevant operational data (not sensitive personal investment data) may be shared with trusted fleet operators for managing vehicle deployment.
Legal Requirements: When required by law or valid governmental requests (e.g., court orders, authorities).
Business Transfers: In case of mergers, sales, financing, or acquisition of company assets.
With Your Consent: For purposes you explicitly agree to.
4. Data Security
We implement industry-standard technical and organizational measures to protect your data against unauthorized access, alteration, disclosure, or destruction. However, absolute security cannot be guaranteed on the internet or in electronic storage.
5. Data Retention
We retain your personal information only as long as necessary to fulfill the purposes set out in this Policy, including complying with legal, accounting, or reporting obligations. This retention generally matches the duration of your investment and any legally prescribed periods thereafter.
6. Your Rights (Applicable to Indian Residents)
You may have the following rights under applicable laws:
Right to Access: Request copies of your personal data.
Right to Correction: Request correction of inaccurate or incomplete data.
Right to Erasure: Request deletion of your data under specific circumstances.
Right to Object: Object to processing in certain cases.
Right to Withdraw Consent: Revoke any consent you gave for data processing.
To exercise these rights, please contact us at the details below. We may verify your identity before fulfilling requests.
7. Third-Party Links
Our Services may contain links to third-party websites not operated by HYPR Electric. We are not responsible for the privacy practices or content of those sites. We encourage you to review their privacy policies.
8. Children’s Privacy
Our Services are not for individuals under 18. We do not knowingly collect personal data from minors. If you believe your child has provided us data without parental consent, contact us to request removal.
9. Changes to This Privacy Policy
We may update this policy occasionally. Updates will be posted here with the “Last Updated” date. Please review periodically for changes. Continued use of our Services indicates acceptance of updated terms.
10. Contact Us
If you have questions about this Privacy Policy, please reach out to us:
Email: support@hyprelectric.in
Phone: +91-8341766426
Your privacy and trust are important to HYPR Electric. We are committed to safeguarding your data and respecting your rights in every interaction.