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MANUFACTURER / SELLER ONBOARDING, COMPLIANCE & OPERATIONAL POLICY

Issued By

AIVS PincodeKart Private Limited

In Operational Coordination With

AIRE PincodeDak Logistics Pvt. Ltd.

1. PREAMBLE

This Manufacturer / Seller Onboarding, Compliance and Operational Policy ("Policy") is issued by AIVS PincodeKart Private Limited (hereinafter referred to as the "Company" or "Platform") to establish the regulatory framework governing the onboarding, listing, sale, dispatch, return handling, product quality standards, pricing discipline, packaging requirements, insurance obligations, intellectual property compliance, and legal responsibilities of all manufacturers, brand owners, distributors, and authorised sellers who offer or supply products through the Platform.

This Policy shall apply uniformly to all entities and individuals who register, list products, supply goods, or conduct commercial transactions through the Platform. It governs the operational conduct and compliance obligations of such manufacturers and sellers while using the Platform for the purpose of selling products to customers. The Company may coordinate logistics, delivery, and fulfilment operations in association with AIRE PincodeDak Logistics Pvt. Ltd. or any other authorised logistics service provider, as designated by the Company from time to time.

The Company reserves the right to modify, amend, update, or revise this Policy at any time, in order to maintain regulatory compliance, operational efficiency, and platform integrity. Any such modifications shall become effective upon publication on the Platform or upon communication through official channels. Manufacturers and sellers are advised to periodically review and remain updated with the latest version of this Policy, and continued use of the Platform shall constitute acceptance of such revisions.

Failure to comply with this Policy or with any applicable laws may result in appropriate corrective or enforcement action, including but not limited to suspension of product listings, withholding of payouts, removal of products, restriction of platform access, termination of seller accounts, recovery of losses, or initiation of legal proceedings as may be deemed necessary by the Company.

This Policy has been framed in accordance with the applicable statutory provisions and guidelines applicable in India and should be read along with terms of use. By registering on the Platform, listing products, or conducting any commercial activity through the Platform, the manufacturer or seller represents, warrants, and agrees that they have read, understood, and accepted this Policy, and undertake to comply with all applicable legal, regulatory, and operational obligations prescribed herein.

2. SELLER ELIGIBILITY & ONBOARDING

a) Eligible Sellers

The Platform may onboard only such entities that are legally eligible and authorized to sell products in accordance with applicable laws. Eligible sellers may include the following categories:

a. Manufacturers — Entities directly engaged in the manufacture or production of goods and possessing valid manufacturing licenses, regulatory approvals, facilities, and compliance documentation as required under applicable laws.

b. Authorized Wholesalers / Distributors — Entities legally procuring products through lawful supply chains and authorized to distribute or supply such goods in the course of business.

c. Brand-Authorized Sellers — Entities who are authorized by the lawful owner of a brand or trademark to sell branded products and who possess valid written authorization from the respective brand owner.

The Company reserves the right to determine eligibility of any seller at its sole discretion based on verification of documents, regulatory requirements, and platform policies.

b) Mandatory Brand Authorization

For listing and sale of branded or trademarked products, the seller shall be required to submit appropriate authorization establishing their legal right to sell such products. The seller must provide any one or more of the following, as applicable:

  • valid license or authorization to sell the branded products; or
  • written authorization or distribution letter issued by the brand owner, trademark holder, or authorized distributor.

Failure to provide valid authorization or submission of incomplete or misleading documents may result in:

  • immediate suspension of product listings;
  • restriction or blocking of seller account; or
  • termination of the seller's access to the Platform.

c) Mandatory KYC and Documentation

Every seller seeking onboarding on the Platform shall be required to submit accurate, complete, and verifiable documentation for identity verification and regulatory compliance, including but not limited to:

  • GST Registration Certificate
  • Permanent Account Number (PAN)
  • Business Registration Certificate or Trade License
  • Address Proof of the business entity
  • Bank Account Proof
  • Cancelled Cheque or bank verification document
  • Brand Authorization Letter (where applicable)
  • MSME Registration Certificate (if applicable)
  • A Notarized Affidavit or Undertaking confirming that all documents, declarations, and information submitted by the seller or manufacturer are true, correct, and genuine, and that no document is false, fabricated, forged, or misleading.

The Company may request additional documents, declarations, or compliance confirmations as may be necessary for regulatory, operational, or risk management purposes.

d) Verification and Company Rights

All onboarding approvals shall remain subject to verification of documents and information provided by the seller. The Company reserves the absolute right, at its sole discretion, to:

  • accept or approve onboarding applications;
  • reject onboarding requests without assigning any reason;
  • suspend or restrict seller accounts;
  • revoke onboarding approval; or
  • remove listings or terminate seller access to the Platform, in cases where documents are found to be inaccurate, incomplete, non-compliant with applicable laws, or in violation of the Platform's policies.

3. PRODUCT LISTING AND MANDATORY DISCLOSURES

a) Product Listing Requirements

All manufacturers and sellers shall ensure that only genuine, lawful, and compliant products are listed on the Platform. The seller shall be solely responsible for the accuracy, legality, authenticity, and completeness of product information provided at the time of listing. The seller must ensure that every product listed on the Platform contains true, correct, and non-misleading information, and shall not make any false claims, deceptive representations, or misleading descriptions that may misinform consumers. The Company reserves the right to review, modify, restrict, or remove any product listing that does not comply with applicable laws, regulatory requirements, or the Platform's policies.

b) Mandatory Product Information Disclosure

In accordance with applicable laws governing e-commerce and packaged commodities, every seller shall ensure that the following mandatory information is clearly disclosed in each product listing, wherever applicable:

  • Name and description of the product
  • Brand name (if applicable)
  • Name and complete address of the manufacturer
  • Name and address of the seller or importer (where applicable)
  • Country of origin of the product
  • Maximum Retail Price (MRP) inclusive of all applicable taxes
  • Net quantity, weight, or volume of the product
  • Manufacturing date, packaging date, or expiry date (where applicable)
  • Product specifications and features
  • Warranty or guarantee details (if applicable)
  • Safety warnings or usage instructions, where relevant
  • Customer care contact details for consumer grievances

The seller shall ensure that such disclosures are accurate, legible, and consistent with the information printed on the product packaging.

c) Product Authenticity and Compliance

The seller represents and warrants that:

  • all products listed on the Platform are genuine and legally sourced;
  • the seller has the lawful right to sell and distribute such products;
  • the products comply with all applicable quality, safety, and regulatory standards.

The seller shall ensure compliance with all applicable regulatory authorities and standards including, where applicable:

  • Bureau of Indian Standards (BIS) certification requirements
  • Food Safety and Standards Authority of India (FSSAI) regulations
  • Legal Metrology requirements for packaged commodities
  • Intellectual property and trademark laws
  • Product safety regulations applicable to the category of goods

d) Prohibition of Misleading Listings

The seller shall not list any product that:

  • contains false or misleading descriptions or images;
  • misrepresents the origin, brand, or quality of the product;
  • infringes intellectual property rights;
  • violates applicable laws or regulatory requirements.

The Company reserves the right to remove or suspend any listing that is found to be misleading, non-compliant, or in violation of applicable laws or Platform policies.

e) Listing Review and Platform Rights

The Company may, at its sole discretion, review, audit, verify, or request additional information regarding any product listing at any time. If a product listing is found to be non-compliant, the Company may take appropriate action including but not limited to:

  • removal or modification of the listing;
  • suspension of the product from the Platform;
  • temporary or permanent restriction of seller account;
  • recovery of any losses or damages caused due to non-compliant listings.

4. DOCUMENT VERIFICATION AND RE-VALIDATION

The Company shall have the right to verify, review, and re-validate all documents and information submitted by the manufacturer or seller at any stage of the engagement with the Platform. Document verification may be conducted by the Company under the following circumstances, including but not limited to:

  • prior to approval of onboarding and activation of seller account;
  • during the course of operations on the Platform;
  • as part of periodic compliance reviews or internal audits;
  • upon receipt of customer complaints, regulatory queries, or third-party claims;
  • prior to processing or release of seller payouts or settlements; or
  • at any other time deemed necessary by the Company for compliance, risk management, or operational integrity.

The seller shall ensure that all documents submitted to the Company remain valid, accurate, and up to date at all times, and shall promptly provide renewed or updated documents where applicable.

In the event that any document or information submitted by the seller is found to be:

  • false or fabricated;
  • forged or tampered with;
  • expired or invalid;
  • incomplete or unverifiable; or
  • misleading or inconsistent with applicable laws or Platform policies,

the Company shall have the right, at its sole discretion, to take appropriate action, including but not limited to:

  • suspension or restriction of the seller account;
  • withholding or suspension of payouts and settlements;
  • removal or delisting of product listings;
  • blacklisting of the seller from the Platform; and
  • initiation of appropriate legal or regulatory action as may be permitted under applicable laws.

The Company reserves the right to take such action without prior notice where necessary to protect the interests of consumers, the Platform, or regulatory compliance requirements.

5. PRODUCT LIABILITY AND SELLER RESPONSIBILITY

The manufacturer or seller listing products on the Platform shall be solely responsible for the quality, safety, authenticity, legality, and compliance of all products offered for sale through the Platform. The seller represents and warrants that all products listed on the Platform:

  • are genuine and lawfully sourced;
  • comply with all applicable quality and safety standards;
  • conform to all applicable regulatory requirements governing the manufacture, packaging, labeling, storage, and sale of such products;
  • do not infringe upon any intellectual property rights including trademarks, copyrights, patents, or design rights; and
  • are free from defects that may endanger consumer health or safety.

The seller shall be fully responsible for ensuring that all products comply with applicable regulatory requirements, certifications, and approvals relevant to the product category, including but not limited to quality standards, safety certifications, labeling requirements, and consumer protection norms.

The Company operates the Platform as a technology-based marketplace and intermediary, facilitating interaction between sellers and customers. Accordingly, the Company shall not be deemed to be the manufacturer, distributor, or seller of the products listed by third-party sellers on the Platform.

The manufacturer or seller shall be solely liable for any claims, complaints, losses, damages, penalties, or liabilities arising from:

  • defective or unsafe products;
  • misleading product descriptions or representations;
  • non-compliance with regulatory standards;
  • infringement of intellectual property rights; or
  • any violation of applicable laws relating to the manufacture or sale of the product.

In the event of any such claims, disputes, or regulatory actions arising from the seller's products, the seller shall fully indemnify and hold harmless the Company, its directors, officers, employees, affiliates, and partners from any resulting loss, damage, claim, penalty, cost, or legal expense.

The Company reserves the right to remove or suspend any product listing, initiate product recall measures, suspend the seller account, or take other necessary actions where a product is found to be unsafe, defective, non-compliant, or in violation of applicable laws or Platform policies.

6. PROHIBITED AND RESTRICTED PRODUCTS

Manufacturers and sellers shall ensure that only lawful, genuine, and regulatory compliant products are listed and sold through the Platform. The listing, sale, or distribution of any product that is illegal, unsafe, restricted, or prohibited under applicable laws is strictly forbidden. Sellers shall not list, advertise, or sell any product that violates applicable laws, regulatory standards, public safety requirements, or intellectual property rights.

Without limiting the generality of the above, the following categories of products are strictly prohibited from being listed or sold on the Platform:

  • counterfeit, fake, or replica products that infringe intellectual property rights
  • stolen goods or unlawfully obtained products
  • products prohibited under applicable laws or government regulations
  • hazardous, explosive, or dangerous materials without lawful authorization
  • narcotic drugs, psychotropic substances, or controlled substances not permitted for sale
  • weapons, ammunition, explosives, or related components prohibited under law
  • products that violate consumer safety standards or regulatory certification requirements
  • adulterated or unsafe food products not complying with food safety regulations
  • expired, damaged, or recalled products
  • products that may pose risk to consumer health or safety
  • any product that violates environmental, wildlife protection, or public safety laws

Certain categories of products may be restricted and allowed only subject to compliance with applicable licenses, certifications, or regulatory approvals. Sellers listing such products must ensure that all required approvals, registrations, and regulatory compliances are obtained and maintained.

The Company reserves the right to review, restrict, suspend, or remove any product listing that is suspected to be illegal, unsafe, or non-compliant with applicable laws or Platform policies. In the event that any prohibited or non-compliant product is identified, the Company may take appropriate action including but not limited to:

  • immediate removal of the product listing;
  • suspension or restriction of the seller account;
  • withholding of payments or settlements;
  • blacklisting of the seller from the Platform; or
  • reporting the matter to appropriate regulatory or law enforcement authorities where required.

The seller shall be solely responsible and liable for ensuring that all products listed and sold through the Platform comply with applicable laws and regulatory requirements. The Company shall not be responsible for any liability arising from the listing or sale of prohibited or non-compliant products by third-party sellers.

7. PRODUCT LISTING AND QUALITY COMPLIANCE

a) Mandatory Product Information

Every manufacturer or seller shall ensure that all products listed on the Platform contain accurate, complete, and non-misleading information so that consumers are able to make informed purchasing decisions. The seller must provide the following product information at the time of listing:

  • correct and clear product title
  • factual and accurate product description
  • variant details such as size, colour, model, or configuration (where applicable)
  • technical specifications and product features
  • original and clear images of the actual product
  • Maximum Retail Price (MRP) inclusive of applicable taxes
  • selling price and applicable discount structure

The seller shall ensure that the information provided in the listing accurately reflects the product being sold and does not mislead consumers in any manner.

b) Mandatory Packaging and Commodity Disclosures

Where applicable, sellers shall ensure that the product and its packaging contain all mandatory statutory disclosures, including but not limited to:

  • Maximum Retail Price (MRP)
  • manufacturing date or packing date
  • expiry date or "best before" date (where applicable)
  • net quantity, weight, or volume of the product
  • name and complete address of the manufacturer, importer, or marketer
  • country of origin of the product
  • product images accurately representing the item being sold
  • mandatory safety warnings or usage instructions
  • statutory certifications, licenses, or approvals required under applicable regulatory standards

Such disclosures must be consistent with the information printed on the product packaging and must comply with applicable laws and regulatory requirements.

c) Prohibited Practices

Sellers shall strictly refrain from engaging in any misleading or deceptive practices, including but not limited to:

  • making misleading or exaggerated claims about product performance
  • providing false descriptions or inaccurate specifications
  • adopting deceptive pricing practices
  • representing counterfeit or fake products as genuine

If any incorrect information, misrepresentation of facts, or submission of false or misleading documents is detected, the seller or manufacturer shall be solely responsible and liable for all risks, claims, damages, and consequences arising from such conduct. Where a seller knowingly lists or sells products that are prohibited, restricted, or non-compliant under applicable laws using the Platform, the seller or manufacturer shall bear complete legal responsibility, and the Company shall not be liable for any such acts.

d) Product Listing Standards

To ensure uniformity and transparency in product listings, sellers must ensure that every product listing meets the following minimum standards:

  • clear and identifiable product title
  • structured product description in bullet-point format
  • product feature chart or specification details
  • size or measurement chart where applicable
  • safety instructions, warnings, or precautions where relevant
  • proper usage guidance or user instructions where necessary

Failure to comply with the prescribed listing standards may result in appropriate corrective action by the Company, including but not limited to:

  • imposition of operational penalties
  • liability for returns or customer claims
  • temporary or permanent delisting of the product from the Platform

8. REFURBISHED / OPEN-BOX PRODUCT COMPLIANCE

The listing and sale of refurbished, open-box, or pre-owned products on the Platform shall be permitted only where such products are accurately classified, properly inspected, and transparently disclosed to consumers.

8.1. Product Grading Framework

Refurbished products must be categorized using the following grading standards:

GradeStandard Description
A+Product is in near-new condition with no visible signs of use
AProduct may have minor cosmetic marks but is fully functional
BProduct shows visible signs of prior use but remains fully functional
CProduct shows moderate signs of usage but remains operational and functional

The seller shall ensure that the assigned grade accurately reflects the physical and functional condition of the product.

8.2. Mandatory Disclosure Requirements

For all refurbished or open-box products, the seller must clearly disclose the following information in the product listing:

  • actual product grade
  • details of any replaced or repaired components
  • quality control (QC) inspection results
  • applicable warranty or service support
  • confirmation of accessories and components included with the product

8.3. Mandatory Supporting Documentation

Sellers must maintain and submit, where requested by the Company, the following documents:

  • product grade declaration
  • repair or refurbishment disclosure
  • quality inspection or quality check certificate
  • warranty terms applicable to the refurbished product
  • packaging and condition confirmation

8.4. Platform Verification Rights

The Company reserves the right to conduct:

  • scheduled inspections
  • random quality audits
  • sample verification of refurbished products

Any intentional misgrading, concealment of defects, or misrepresentation of refurbished product condition shall be treated as fraudulent conduct, and may result in immediate enforcement action including suspension, delisting, recovery of losses, or legal proceedings.

9. HIGH-RISK PRODUCT COMPLIANCE

Certain product categories involve enhanced safety, regulatory, or consumer protection risks. Sellers listing such products must comply with additional regulatory and compliance requirements. High-risk product categories include but are not limited to:

  • food and beverage products
  • cosmetics and personal care products
  • dietary supplements and health products
  • electrical and electronic goods
  • toys and children's products
  • household appliances
  • medical or healthcare-related products

Mandatory Compliance for High-Risk Products

Sellers listing such products must ensure compliance with applicable regulatory requirements, including submission of:

  • relevant licenses or regulatory approvals
  • product testing reports or laboratory certifications
  • batch or lot traceability records
  • safety certifications or regulatory compliance documents

Failure to maintain required regulatory approvals may result in immediate suspension or removal of the product listing.

10. BANNED AND PROHIBITED PRODUCTS

The listing, sale, or distribution of illegal, restricted, or prohibited products on the Platform is strictly forbidden. The following categories of products are strictly prohibited:

  • counterfeit or fake goods
  • illegally obtained or stolen goods
  • hazardous or dangerous products without lawful authorization
  • restricted or prohibited goods under applicable laws

This prohibition includes products regulated or restricted under the requirements of relevant regulatory authorities, including but not limited to those governed by:

  • regulatory authorities governing drug and medical product approvals
  • product safety and certification authorities
  • food safety regulatory authorities
  • wireless or telecom equipment regulatory authorities
  • environmental or pollution control authorities

Platform Enforcement Rights

Where any prohibited or non-compliant product is identified, the Company may take appropriate action including:

  • immediate removal or delisting of the product
  • blocking of the specific SKU
  • suspension of seller account
  • permanent termination of platform access
  • reporting to appropriate regulatory or enforcement authorities where required

The seller shall bear full legal responsibility for any prohibited or unlawful products listed on the Platform.

11. INTELLECTUAL PROPERTY COMPLIANCE

The seller represents and warrants that all products listed on the Platform:

  • are authentic and genuine
  • originate from lawful and authorized sources
  • are sold with lawful use of trademarks, brand names, and logos.

The following activities are strictly prohibited:

  • sale of counterfeit or replica products
  • unauthorized use of trademarks, logos, or brand identifiers
  • copying or misusing product images, content, or listings belonging to other sellers or brand owners.

Violation of intellectual property rights may result in:

  • immediate removal of product listings
  • suspension of the seller account
  • forfeiture or withholding of pending settlements
  • initiation of appropriate legal proceedings.

12. PRICE PARITY POLICY

To maintain pricing transparency and consumer trust, sellers must ensure price parity across all sales channels.

The price of any product listed on the Platform shall not be higher than the price offered by the seller for the same product on:

  • other online marketplaces
  • the seller's own website
  • wholesale or distribution channels
  • offline retail channels operated by the seller.

Any violation of the price parity policy may result in enforcement action including:

  • withholding of payouts
  • restriction of specific SKUs
  • imposition of operational penalties
  • suspension of seller account.

13. ORDER ACCEPTANCE AND DISPATCH

13.1. Order Acceptance

Sellers must review and accept orders received through the Platform within twenty-four (24) hours from the time of order placement.

Once an order has been accepted by the seller, it shall not be cancelled by the seller except under exceptional circumstances approved by the Company.

13.2. Customized or Made-to-Order Products

Where the seller offers customized, made-to-order, or specially manufactured products, the seller shall ensure completion of production and dispatch within the declared delivery timeline.

Any delay, failure in production, or inability to complete the customized order within the specified timeline shall be the sole responsibility of the seller or manufacturer, and the seller shall be liable for any resulting consumer claims, damages, or refunds.

The Company shall not be responsible for any dispute, complaint, or liability arising from manufacturing delays, service failures, or production negligence by the seller or manufacturer.

13.3. Ready-to-Pick (RTP) Compliance

Sellers must update the Ready-to-Pick (RTP) status within one (1) hour of order preparation to enable logistics pickup and dispatch coordination.

Failure to comply with RTP requirements may result in:

  • cancellation of the order
  • operational penalties
  • reduced order allocation
  • suspension of seller privileges.

14. RETURNS, RE-ARRANGEMENT AND RETURN LIABILITY

The seller shall be responsible for handling all returns, re-arrangements, and reverse logistics arising from orders fulfilled through the Platform.

14.1. Seller-Caused Returns

Where a return occurs due to the fault or negligence of the seller, the Platform reserves the right to deduct return handling charges ranging between five percent (5%) and ten percent (10%) of the order value, or such other percentage as may be determined based on the nature of the product category.

Seller liability shall apply in circumstances including but not limited to:

  • dispatch of incorrect product
  • delivery of damaged or defective product
  • delayed dispatch or failure to ship within the prescribed timeline
  • inaccurate product listing or misleading description
  • mismatch between product delivered and product advertised.

The applicable deduction percentage may vary depending upon the product category, value of goods, and operational cost incurred during reverse logistics or re-arrangement.

14.2. High Return Ratio

Where the seller's return ratio exceeds the acceptable operational threshold determined by the Platform, the Company may initiate corrective actions including:

  • issuance of warning notices
  • temporary delisting of affected SKUs
  • imposition of operational penalties
  • temporary or permanent suspension of seller account.

15. RTO (RETURN TO ORIGIN) INVESTIGATION

Where an order is returned to origin (RTO), the Platform may conduct an internal investigation to determine the cause of the return.

Such investigation may involve review of activities of:

  • the Virtual Dukaandar delivery partner
  • logistics operations handled by AIRE PincodeDak Logistics Pvt. Ltd.
  • the manufacturer or seller.

15.1. Determination of Responsibility

Responsibility for RTO shall be determined based on:

  • shipment tracking records
  • delivery attempt logs
  • physical inspection reports
  • internal operational audit findings.

The decision of the Company regarding attribution of responsibility for RTO shall be final and binding upon the seller.

16. SAMPLE TESTING AND QUALITY VERIFICATION

To ensure product quality and regulatory compliance, the Company reserves the right to request product samples from sellers for verification purposes.

Samples may be required for:

  • product quality testing
  • regulatory certification verification
  • durability testing
  • safety or compliance verification.

All costs associated with the supply, shipment, or testing of such samples shall be borne solely by the seller, and the Company shall not be obligated to reimburse such expenses.

17. DAMAGE LIABILITY

The seller shall ensure that all products are packaged in a manner that adequately protects the product from damage during storage, transit, and delivery.

Where product damage occurs due to inadequate, weak, or unsafe packaging, the seller shall bear full responsibility for all associated costs, including:

  • forward logistics charges
  • reverse logistics charges
  • repackaging costs
  • recovery or deduction of product value or claims.

Repeated packaging failures may result in enforcement measures including:

  • mandatory packaging standard upgrades
  • operational restrictions
  • suspension of seller account.

18. SECURITY DEPOSIT

To safeguard operational, financial, and compliance risks arising from the sale of products through the Platform, the Company may require the manufacturer or seller to maintain a Security Deposit with the Company.

18.1. Security Deposit Accumulation

The Company shall be entitled to deduct ten percent (10%) of the manufacturer's or seller's payable settlement amount, invoices, or payout due through the Platform from time to time until the total Security Deposit reaches ₹1,00,000 (Rupees One Lakh only) or such revised limit as may be determined by the Company.

Such deductions shall be treated as a refundable security reserve maintained with the Company for operational and compliance purposes.

18.2. Purpose of Security Deposit

The Security Deposit shall serve as a financial safeguard against any liabilities, including but not limited to:

  • return or refund liabilities
  • penalties or operational recoveries
  • product quality disputes
  • customer claims or damages
  • breach of policy or contractual obligations
  • regulatory or legal liabilities arising from the seller's products or conduct.

The Company shall have the right to adjust or recover any outstanding liabilities from the Security Deposit where applicable.

18.3. Retention of Security Deposit

The Security Deposit shall remain with the Company for the entire duration of the manufacturer's or seller's association with the Platform and shall be maintained as an interest-free refundable security reserve.

18.4. Refund of Security Deposit

Upon termination of the seller's or manufacturer's association with the Platform, or upon permanent closure of the seller account, the Security Deposit shall be refunded within forty-five (45) days, subject to:

  • full operational clearance from the Company;
  • settlement of all pending claims, disputes, penalties, or liabilities; and
  • completion of all compliance or audit requirements.

18.5. Adjustment for Breach

Where the seller or manufacturer is found to be liable for any breach of policy, contractual obligations, operational failures, or legal violations, the Company shall be entitled to adjust or deduct the corresponding amount from the Security Deposit before releasing the remaining balance, if any.

19. PRODUCT INSURANCE REQUIREMENT

To mitigate transit risk, sellers may be required to ensure that products dispatched through the Platform are covered under logistics insurance facilitated through AIRE PincodeDak Logistics Pvt. Ltd. or any other designated logistics partner.

Where a product is dispatched without applicable insurance coverage, the seller shall bear full responsibility for any loss, damage, or transit-related claims.

20. PACKAGING GUIDELINES

All sellers must comply with the Platform's mandatory packaging standards.

20.1. Packaging Requirements

Packaging must be:

  • tamper-proof
  • safe for transportation
  • durable and protective in nature
  • compliant with standardized packaging requirements.

20.2. Packaging Documentation

Where required, sellers must maintain CCTV recording or visual documentation of the packing process for order verification and dispute resolution purposes.

20.3. Approved Packaging Materials

The Platform may require sellers to procure packaging materials through approved vendors or systems designated by the Company to maintain quality consistency and product safety.

21. SECURITY DEPOSIT

The Company may require sellers to maintain a security deposit as a financial safeguard against operational risks, penalties, and liabilities.

The security deposit shall be:

  • non-interest bearing
  • adjustable against seller liabilities, penalties, or recoveries
  • refundable only upon termination or closure of seller account subject to clearance of all outstanding obligations.

The Company reserves the right to withhold or adjust the security deposit in case of any unresolved claim, dispute, or financial liability.

22. STOCK MAINTENANCE AND INVENTORY RESPONSIBILITY

The seller shall maintain adequate inventory levels to ensure timely order fulfilment.

Failure to maintain sufficient stock leading to order rejection, cancellation, or fulfilment failure may attract enforcement actions.

Where order rejection rate exceeds acceptable limits (generally beyond one percent to two percent of orders), the Platform may initiate corrective measures including:

  • warning notices
  • temporary hold on payouts
  • product listing freeze
  • suspension of seller operations.

23. PENALTY FRAMEWORK

To ensure operational discipline and service quality, the Platform may impose penalties for violations of operational standards.

Illustrative penalty structure may include:

Order Handling Penalties

  • delay in Ready-to-Pick (RTP) update: ₹50 – ₹200
  • dispatch delay: ₹100 – ₹500.

Listing Violations

  • incorrect or misleading product information: up to ₹2,000
  • misleading or deceptive product titles or claims: up to ₹5,000.

Packaging Violations

  • poor or unsafe packaging: ₹500 – ₹5,000 along with recovery of associated damages
  • absence of required packing verification records (including CCTV documentation where applicable): up to ₹10,000.

Insurance Violations

Dispatch of uninsured products may attract penalties along with suspension of listing privileges.

Return-Related Violations

Serious return-related violations may attract penalties ranging between ₹5,000 and ₹50,000 depending on severity.

The Company reserves the right to revise the penalty structure based on operational requirements.

24. ANTI-COUNTERFEITING, BRAND GATING AND INTELLECTUAL PROPERTY PROTECTION

The Platform maintains a zero-tolerance policy against counterfeit, pirated, or unauthorized goods. Sellers shall ensure that all products listed, marketed, or sold through the Platform are genuine, lawfully sourced, and compliant with applicable intellectual property laws.

24.1. Warranty of Authenticity and Non-Infringement

The seller hereby represents and warrants that:

  • all products listed on the Platform are authentic and original;
  • the seller has the legal right, authorization, or license to sell such products;
  • the products do not infringe upon any trademark, copyright, patent, design, trade dress, or other intellectual property rights of any third party;
  • all brand names, logos, images, product descriptions, and marketing materials used in the listings are lawfully used and not misleading or unauthorized.

The seller shall be solely responsible for any claims relating to counterfeiting, intellectual property infringement, or unauthorized sale of branded products.

24.2. Brand Gating for High-Risk Goods

To prevent sale of counterfeit or unauthorized branded goods, the Company reserves the right to implement brand gating and category restrictions for certain high-risk products.

Such products may include but are not limited to:

  • branded electronics
  • cosmetics and personal care products
  • pharmaceuticals and medical devices
  • luxury goods and branded apparel
  • supplements and nutraceuticals
  • high-value consumer goods.

For such categories, the Company may require sellers to provide:

  • brand authorization letters
  • distributor or manufacturer invoices
  • trademark ownership proof
  • product authenticity certificates
  • regulatory licenses or approvals.

Failure to provide such documentation may result in:

  • rejection of product listing
  • SKU level restriction
  • suspension of seller privileges.

24.3. Anti-Counterfeiting Enforcement

Where the Company receives credible information or forms a reasonable belief that a product may be counterfeit, infringing, or unauthorized, the Company may immediately:

  • remove or disable the product listing
  • block the relevant SKU
  • suspend or restrict the seller account
  • withhold seller settlements pending investigation
  • report the matter to relevant authorities where required.

The Company reserves the right to conduct sample verification, product inspection, or authenticity testing to ensure compliance.

24.4. Notice and Takedown Mechanism

Any intellectual property owner, authorized representative, or affected party may submit a written complaint to the Company regarding alleged infringement.

Upon receipt of a valid notice containing sufficient details, the Company may:

  • review the complaint and supporting evidence
  • temporarily disable or remove the disputed listing
  • seek clarification or documentation from the seller
  • take appropriate enforcement action based on the findings.

The seller shall promptly cooperate with the Company in resolving such complaints and provide any documentation requested to verify authenticity or authorization.

24.5. Liability for Infringing Products

The seller shall bear full responsibility for any legal claims, damages, penalties, regulatory action, or financial losses arising from:

  • sale of counterfeit goods
  • unauthorized sale of branded products
  • infringement of intellectual property rights.

The seller shall indemnify and hold harmless AIVS PincodeKart Private Limited, its affiliates, employees, and partners against all such claims and liabilities.

25. WALLET RESERVE BALANCE

Sellers may be required to maintain a minimum operational wallet balance on the Platform.

The minimum reserve balance may be set at ₹1,000 or such amount as may be prescribed by the Company from time to time.

This reserve balance may be utilized for:

  • logistics adjustments
  • reverse logistics charges
  • operational deductions
  • incidental service recoveries.

26. INDEMNIFICATION

The seller agrees to indemnify, defend, and hold harmless:

  • AIVS PincodeKart Private Limited
  • AIRE PincodeDak Logistics Pvt. Ltd.

along with their directors, employees, and affiliates, from and against any claims, damages, losses, liabilities, penalties, or legal proceedings arising out of:

  • defective or unsafe products
  • violation of intellectual property rights
  • breach of applicable laws or regulatory requirements
  • consumer complaints or disputes
  • inaccurate product information.

27. TERMINATION AND SUSPENSION

The Company reserves the right to suspend or terminate seller access to the Platform with immediate effect in cases involving:

  • fraudulent activity
  • sale of counterfeit goods
  • repeated consumer complaints
  • violation of applicable laws
  • sale of unsafe or prohibited goods
  • non-cooperation during investigations or compliance verification.

Termination may result in permanent removal from the Platform and forfeiture or adjustment of pending settlements where applicable.

28. POLICY AMENDMENTS

The Company reserves the right to modify, amend, or update this Policy at any time to reflect operational, regulatory, or business requirements. Continued use of the Platform after such amendments shall constitute deemed acceptance of the revised Policy by the seller.

29. DISPUTE RESOLUTION & ARBITRATION

29.1. Reference to Arbitration

Any dispute, controversy, claim, or difference arising out of or in connection with these Terms, including their existence, validity, interpretation, performance, breach, or termination, shall be referred to and finally resolved by arbitration in accordance with the provisions of the Arbitration and Conciliation Act, 1996, as amended from time to time.

29.2. Seat and Venue

The seat and legal place of arbitration shall be Udaipur, Rajasthan, India. The arbitration proceedings shall be deemed to have taken place at the seat. The venue of hearings, if conducted physically, shall ordinarily be Udaipur, Rajasthan. The arbitral tribunal may, however, conduct hearings through virtual or hybrid modes at its discretion.

29.3. Language

The arbitration proceedings shall be conducted exclusively in the English language. All pleadings, written submissions, documentary evidence, and the arbitral award shall be in English.

29.4. Appointment of Arbitrator

The arbitration shall be conducted by a sole arbitrator appointed by PincodeKart and the arbitrator shall be the retired district judge cadre officer. If the Manufacturer fails to raise any objection to such appointment within the time prescribed under applicable law, the appointment shall be deemed accepted.

The arbitrator shall be independent and impartial in accordance with statutory requirements.

29.5. Interim Relief

Nothing in this clause shall prevent either party from seeking interim, emergency, or injunctive relief from a court of competent jurisdiction, including courts at Udaipur, Rajasthan, prior to or during the pendency of arbitration proceedings.

29.6. Binding Effect

The arbitral award shall be final and binding upon the parties and may be enforced in accordance with applicable law. The parties waive any objection to enforcement except as permitted under the Act.

29.7. Costs

The costs of arbitration, including arbitrator's fees and legal expenses, shall be borne as determined by the arbitral tribunal. The tribunal may award costs, interest, and legal fees to the prevailing party.

29.8. Survival

This arbitration clause shall survive termination, suspension, or expiration of the Agreement.

30. ANTI-CIRCUMVENTION AND PLATFORM PROTECTION

The seller acknowledges that the Platform has invested substantial resources in developing the marketplace ecosystem, including customer acquisition, logistics infrastructure, technology systems, and marketplace operations.

Accordingly, the seller agrees that they shall not directly or indirectly circumvent the Platform in relation to any transaction initiated through the Platform.

30.1. Prohibited Conduct

The seller shall not:

  • directly contact customers obtained through the Platform for the purpose of completing transactions outside the Platform
  • encourage or induce customers to purchase products outside the Platform
  • share personal contact details, payment links, external website links, or alternative purchasing channels with customers
  • redirect buyers to external websites, social media accounts, or offline purchase channels for the same product.

30.2. Consequences of Circumvention

Any attempt by the seller to bypass the Platform or divert Platform customers shall constitute a serious breach of policy and may result in enforcement actions including:

  • immediate suspension of seller account
  • permanent termination from the Platform
  • forfeiture or adjustment of pending settlements
  • recovery of damages suffered by the Company.

The Company reserves the right to take legal action for recovery of losses arising from such circumvention.

31. CUSTOMER DATA PROTECTION AND CONFIDENTIALITY

The seller acknowledges that all customer information shared through the Platform constitutes confidential and proprietary information belonging exclusively to the Company.

31.1. Permitted Use of Customer Data

Customer data may be used by the seller solely for the limited purpose of fulfilling orders placed through the Platform, including:

  • order processing
  • packaging and dispatch
  • delivery coordination
  • after-sales support related to that specific order.

31.2. Restricted Use of Customer Data

The seller shall strictly refrain from:

  • storing, copying, or extracting customer databases
  • using customer data for independent marketing, promotions, or advertising
  • sharing customer data with third parties
  • contacting customers for unrelated commercial purposes
  • using customer information to solicit future business outside the Platform.

31.3. Confidentiality Obligation

All customer information including:

  • names
  • contact numbers
  • delivery addresses
  • order details
  • transaction information

shall be treated as strictly confidential.

The seller shall implement appropriate safeguards to prevent unauthorized access, disclosure, or misuse of such information.

31.4. Consequences of Data Misuse

Any misuse, unauthorized disclosure, or exploitation of customer data may result in:

  • immediate suspension of seller account
  • termination of seller relationship with the Platform
  • recovery of damages
  • legal proceedings for breach of confidentiality and data misuse.

32. ACKNOWLEDGEMENT, DIGITAL CONSENT AND ELECTRONIC ACCEPTANCE

By signing this Policy, registering on the Platform, creating a seller account, listing products, or otherwise operating through the Platform of AIVS PincodeKart Private Limited, the seller hereby acknowledges and confirms that the seller has carefully read, understood, and voluntarily agreed to be bound by all the terms, conditions, operational guidelines, compliance requirements, liabilities, and enforcement provisions contained in this Policy.

The seller further acknowledges and accepts that:

  • the seller agrees to comply with all obligations and responsibilities arising from participation on the Platform;
  • the seller accepts the operational monitoring, verification procedures, penalty framework, and enforcement mechanisms prescribed under this Policy;
  • the seller consents to the Company's right to conduct audits, inspections, compliance verification, and investigations whenever required;
  • the seller accepts that violations of this Policy may result in penalties, suspension, delisting, financial recovery, or termination of the seller account.

The seller expressly agrees that acceptance of this Policy through electronic means, including but not limited to online registration, digital acknowledgement, electronic confirmation, or continued use of the Platform, shall constitute valid and legally binding consent and shall be deemed equivalent to a physical signature.

All electronic records, digital acknowledgements, electronic communications, and system-generated confirmations maintained by the Company shall be considered valid and admissible evidence of acceptance and agreement between the parties.