Terms and Conditions
These Terms of Use (“Terms”) govern your access to and use of gaming platform ‘Capital Rush' and any expansion packs (“Game”) available as a mobile application and website at the URL [www.capitalrush.io] (“Platform”) owned and operated by Metronome Technologies Private Limited (“Company”). By accessing the Platform and using the Game, you agree to these Terms of Service (“Terms”). Your access to and use of the Game is conditioned on your acceptance of and compliance with these Terms. Therefore, please read these Terms and Privacy Policy carefully before using or registering on the Platform. If you do not agree with these Terms, please do not access the Platform and use the Service. These Terms along with the Privacy Policy constitute a binding agreement and an electronic record under the Information Technology Act, 2000 and the rules thereunder and the amended provisions pertaining to electronic records under various Indian statutes.
1. Eligibility and Access
1.2 In the event the Game is accessed by an individual under the age of 18 (eighteen) years (“Minor”), such access and participation shall be deemed to be that of the parent or legal guardian (“Guardian”) of such Minor and the term “You” “User” shall refer to the Guardian in such cases. Minors may only access the Game / Platform under the supervision of an adult. The Guardian hereby represents and warrants that the Guardian is the legal guardian of such Minor accessing the Platform; and that the Guardian shall ensure that the Minor uses the Platform only with the permission and authorization from and under the strict supervision and guidance of the Guardian.
1.3 The Game is a dynamic investment strategy game that merges financial education with engaging gameplay. The rules of the game are available below in the relevant sections. The Game is always evolving and the form and nature of the Game may change from time to time without prior notice to you. In addition, the Company may stop (permanently or temporarily) providing the Game (or any features within the Game) to you or to users generally and may not be able to provide you with prior notice. The Company also retains the right to create limits on use, storage and features at its sole discretion at any time without prior notice to you.
1.4 In consideration for the Company granting you access to and use of the Games, you agree that the Company and its affiliates, group companies, third party providers and partners may place advertisements on the Game or in connection with the display of any content. The types and extent of advertising on the Platform are subject to change.
2. Privacy
Any information that you provide to the Company is subject to the privacy policy as updated on www.capitalrush.io , which governs the collection and use of your information.
3. User Account, Passwords and Security
3.1 In order to use the Game, you will have to register on the Platform by providing certain details about yourself, including your name, email address and such other details as may be required and create an account (“Account”). You may register on the Platform by logging into your Account with your credentials from certain third-party email networks or social networking sites. You confirm that you are the owner of any such third-party account and that you are entitled to disclose your third-party account login information to the Company. You authorize the Company to collect your authentication information, and other information that may be available on or through the third-party account consistent with your applicable settings and instructions. The Company reserves the right to refuse access to the Game to new users or to terminate access granted to existing users at any time without according any reasons for doing so. You shall not have more than one active Account on the Platform. Additionally, you are prohibited from selling, trading, or otherwise transferring your Account to another party.
3.2 You shall ensure and confirm that the Account information provided by you is complete, accurate and up-to-date. If there is any change in the Account information, you shall promptly update your Account information on the Platform. If you provide any information that is untrue, inaccurate, not current or incomplete (or becomes untrue, inaccurate, not current or incomplete), or if the Company has reasonable grounds to suspect that such information is untrue, inaccurate, not current or incomplete, the Company has the right to suspend or terminate your Account and refuse any and all current or future use of the Game (or any portion thereof) at its discretion, in addition to any right that the Company may have against you at law or in equity, for any misrepresentation of information provided by you.
3.3 You are responsible for maintaining the confidentiality of the Account information, safeguarding the password or credentials that you use to access the Game and for any activities or actions under your Account. You are encouraged to use “strong” passwords (passwords that use a combination of upper and lower-case letters, numbers and symbols) with your Account and with other accounts that you may connect to your Account (such as Facebook, Twitter or your email). You agree to (a) immediately notify the Company of any unauthorized use of your Account information or any other breach of security, and (b) ensure that you exit from your Account at the end of each session. The Company cannot and will not be liable for any loss or damage arising from your failure to comply with the above requirements. Further, the Company will not be liable for any loss that you may incur as a consequence of unauthorized use of your Account either with or without your knowledge.
3.4 You may be held liable for losses incurred by the Company or any other user of or visitor of the Platform due to authorized or unauthorized use of your Account as a result of your failure in keeping Your Account information secure and confidential.
4. Acceptable Use
4.1 In connection with the use of the Game and Platform, you agree that you will not:
- violate any law, regulation, or court order;
- violate, infringe, or misappropriate the intellectual property, patent, trademark, copyright, privacy, publicity, moral or “droit moral,” or other legal or proprietary rights of any third party;
- take any action (even if requested by another) that is, or submit, host, post, display, upload, modify, publish, transmit, update, share, or communicate anything that is, or that incites or encourages, action that is, explicitly or implicitly: illegal, harmful, abusive, harassing, threatening, hateful, racially or ethnically objectionable, derogatory, harmful to any reputation, disparaging, defamatory, libelous, pornographic, indecent, profane, obscene, paedophilic or otherwise objectionable (including nudity), blasphemous, invasive of another's privacy, or relating or encouraging money laundering or gambling or an online game that causes user harm or promoting enmity between different groups on the grounds of religion or caste with the intent to incite violence;
- harms minors in anyway;
- send advertising or commercial communications, including spam, or any other unsolicited or unauthorized communications;
- advertise or surrogate advertise or promote an online game that is not a permissible online game, or any online gaming intermediary offering such an online game
- send communication that deceives or misleads the addressee about the origin of such messages or communicates any information which is offensive or menacing in nature;
- engage in spidering or harvesting, or participate in the use of software, including spyware, designed to collect data from the Platform, including from any user of the Game;
- transmit any virus, other computer instruction, or technological means intended to, or that may, disrupt, damage, or interfere with the use of computers or limit the functionality of any computer resource or related systems;
- stalk, harass, threaten, or harm any third party;
- impersonate any third party;
- participate in any fraudulent or illegal activity, including phishing, money laundering, or fraud;
- use any means to scrape or crawl any part of the Platform;
- access, tamper with any content, computer systems, or the technical delivery systems of the Platform or its service providers;
- probe, scan, or test the vulnerability of any system or network or breach or circumvent any security or authentication measures;
- access or search or attempt to access or search the Game by any means (automated or otherwise) other than through currently available, published interfaces that are provided on the Platform (and only pursuant to these Terms);
- attempt to circumvent any technological measure implemented by the Company, any of its service providers, or any other third party (including another user) to protect the Company, the Platform, users or any other third party;
- access the Platform to obtain information to build a similar or competitive application, or service;
- attempt to decipher, decompile, disassemble, or reverse engineer any of the software or other underlying code used as part of the Platform;
- send display, upload, modify, publish, transmit, store, update or share communication that belongs to another person and to which you do not have any right;
- send display, upload, modify, publish, transmit, store, update or share any information in the nature of an online game which is not a permissible online game;
- send display, upload, modify, publish, transmit, store, update or share communication that threatens the unity, integrity, defense, security or sovereignty of India, friendly relations with foreign states, or public order or causes incitement to the commission of any cognizable offence or prevents investigation of any offence or is insulting any other nation;
- impersonate another person;
- deceive or mislead the addressee about the origin of the message or knowingly and intentionally communicate any misinformation or information which is patently false and untrue or misleading in nature or, in respect of any business of the Central Government, is identified as fake or false or misleading by any prescribed fact check unit of the Central Government;
- advocate, encourage, or assist any third party in doing any of the foregoing
4.2 The quality of the Game may vary from device to device, and may be affected by a variety of factors, such as your location, the bandwidth available through and/or speed of your internet connection. You are responsible for all internet access charges. Please check with your internet provider for information on possible internet data usage charges.
5. Disclaimer regarding Third-Party Interactions
5.1 Any use or reliance on any third party content available on the Game is at your own risk.
5.2 The views expressed by users on the Game are not controlled and do not represent the views or values of the Company. You acknowledge and agree that the Game only facilitates access to the Game and the Company is not obligated to monitor access to or use of the Game by you or third parties. However, should it come to the knowledge of the Company that your use of the Game is in violation of any applicable law or these Terms, then the Company has the right to enforce these Terms, and take such actions it may deem necessary to comply with applicable law, regulation, court order, or other legal, administrative, or regulatory request or process; or otherwise.
5.3 On account of the nature of the internet, the Games may be accessed in various geographical locations; and you hereby agree and acknowledge that you are accessing the Game, at your own risk, choice and initiative and you agree and undertake to ensure that your use of the Game complies with all applicable laws including the local laws of the place where you access the Game from.
5.4 Your interactions with third parties, including users, on or through the Game, is solely between you and the third party; however, the Company may, in its sole discretion, intercede and you will reasonably cooperate with the Company if it does so. You acknowledge and agree that the Company will not be responsible for any damages, losses, costs, expenses, or liabilities incurred as the result of such interactions and you will not make the Company a party to any dispute between you and any third party with whom you interact with on the Game. You hereby release the Company Entities (defined below) from claims, demands, and damages (actual and consequential) of every kind or nature, known and unknown, suspected and unsuspected, disclosed and undisclosed, arising out of or in any way related to such interactions or the Game. In the event of any dispute between you and any third party with whom you interact on the Game, you may approach the court of appropriate jurisdiction as per applicable law in your place of residence.
6. License to Use the Game
6.1 The Company gives you a personal, worldwide, royalty-free, limited, non-assignable and non-exclusive license to use the Game and the Platform. This license is for the sole purpose of enabling you to use and enjoy the benefit of the Game for your personal and non-commercial use, in the manner permitted by these Terms. You agree not to use the Game for any public performances. Save and except for accessing and using the Games as permitted herein, You shall not separately use any portion of the Games or the Platform (such as codes, features, branding/trademarks/logos, look and feel, content, etc.) in any manner whatsoever without express written approval from the Company.
6.2 You agree to use the Game only: (a) for purposes that are permitted by the Terms; and (b) in accordance with applicable law, regulation or generally accepted practices or guidelines. You agree not to engage in activities that may adversely affect the use or access of the Game by other users.
6.3 You agree not to access (or attempt to access) the Game by any means other than through the interface that is provided by the Platform. You shall not use any deep-link, robot, spider or other automatic device, program, algorithm or methodology, or any similar or equivalent manual process, to access, acquire, copy or monitor any portion of the Game or content therein, or in any way reproduce or circumvent the navigational structure or presentation of the Platform, materials or any Content, to obtain or attempt to obtain any materials, documents or information through any means not specifically made available through the Game. You agree that you are solely responsible to the Company and to any third party for any breach of your obligations under the Terms and for the consequences (including any loss or damage which the Company or its affiliates may suffer) for any such breach.
6.2 You agree to use the Game only: (a) for purposes that are permitted by the Terms; and (b) in accordance with applicable law, regulation or generally accepted practices or guidelines. You agree not to engage in activities that may adversely affect the use or access of the Game by other users.
6.3 You agree not to access (or attempt to access) the Game by any means other than through the interface that is provided by the Platform. You shall not use any deep-link, robot, spider or other automatic device, program, algorithm or methodology, or any similar or equivalent manual process, to access, acquire, copy or monitor any portion of the Game or content therein, or in any way reproduce or circumvent the navigational structure or presentation of the Platform, materials or any Content, to obtain or attempt to obtain any materials, documents or information through any means not specifically made available through the Game. You agree that you are solely responsible to the Company and to any third party for any breach of your obligations under the Terms and for the consequences (including any loss or damage which the Company or its affiliates may suffer) for any such breach.
7. Proprietary Rights of the Company
The Company or its licensors own all right, title, and interest in and to: (i) the Platform and the “look and feel” thereof, including all software, ideas, processes, data, text, media, and other content available on the Platform; and (ii) trademarks, logos, and brand elements. All right, title and interest in and to the Platform, the Game and the Company’s trademarks are and will remain the exclusive property of the Company and its licensors and other partners, as the case may be. The Company reserves all rights not expressly granted in these Terms. You acknowledge and agree that any feedback, comments, or suggestions you may provide regarding the Platform or the Games are entirely voluntary, and the Company will be free to use such feedback, comments or suggestions as it sees fit and without any obligation to you.
8. Contests and Promotions
The Company may introduce contests in the form of permissible online real money games, which are subject to separate terms and conditions, added in the respective sections and You are requested to read the Contest Terms as well as these Terms before participating in the same and upon participation it shall be deemed that the participant has read and understood the Contest Terms.
9. Suspension and Termination
9.1 The Terms will continue to apply until terminated by either you or the Company as set forth below. If you object to the Terms or are dissatisfied with the Games, your only recourse is to (i) close your Account; and (ii) stop accessing the Game.
9.2 The Company reserves the right to terminate, discontinue, suspend, limit, or restrict your account or your use of the Games or access to Content at any time, without notice or liability, if the Company so determines in its sole discretion, for any reason whatsoever. Additionally, the Company reserves the right to delist you or block your future access to the Game or suspend or terminate your Account if it believes, in its sole discretion that you have infringed, breached, violated, abused, or unethically manipulated or exploited any term of these Terms or anyway otherwise acted unethically.
9.3 If You or the Company terminate your use of the Game, the Company may, subject to the terms of the Privacy Policy, delete any information relating to your use of the Game and the Company will have no liability to you or any third party for doing so.
10. Disclaimers and Limitations of Liability
Please read this section carefully since it limits the liability of the Company and its parents, subsidiaries, group companies, affiliates, related companies, officers, directors, employees, agents, representatives, partners, and licensors (collectively, the “Company Entities”).
10.1 Availability on “AS-IS” basis
Your access to and use of the Game or any Content is at your own risk. You understand and agree that the Game is provided to you on an “AS IS” and “AS AVAILABLE” basis. Without limiting the foregoing, the Company Entities disclaim all warranties and conditions, whether express or implied, of title, of merchantability, fitness for a particular purpose, or non-infringement.
The Company Entities make no warranty and disclaim all responsibility and liability for: (i) the completeness, accuracy, availability, timeliness, security or reliability of the Game or any content therein; (ii) any harm to your computer system, loss of data, or other harm that results from your access to or use of the Game, or any content therein; (iii) the deletion of, or the failure to store or to transmit, any content and other communications maintained by the Game; (iv) whether the Game will meet your requirements or be available on an uninterrupted, secure, or error-free basis or whether any errors or defects will be corrected. No advice or information, whether oral or written, obtained from the Company Entities or through the Game, will create any warranty not expressly made herein. The Company Entities will not be liable for any loss that you may incur as a consequence of unauthorized use of your Account or Account information in connection with the Game, either with or without your knowledge.
The Company shall not be responsible for the delay or inability to use Platform or related functionalities, the provision of or failure to provide functionalities, or for any information, software, functionalities and related graphics obtained through the Platform, or otherwise arising out of the use of the Platform or Game, whether based on contract, tort, negligence, strict liability or otherwise. Further, the Company shall not be held responsible for non-availability of the Game during periodic maintenance operations or any unplanned suspension of access to Game that may occur due to technical reasons or for any reason beyond the Company’s control. You understand and agree that any material or data downloaded or otherwise obtained through the Platform is done entirely at your own discretion and risk, and that you will be solely responsible for any damage to your computer systems or loss of data that results from the download of such material or data.
Your access to and use of the Game or any Content is at your own risk. You understand and agree that the Game is provided to you on an “AS IS” and “AS AVAILABLE” basis. Without limiting the foregoing, the Company Entities disclaim all warranties and conditions, whether express or implied, of title, of merchantability, fitness for a particular purpose, or non-infringement.
The Company Entities make no warranty and disclaim all responsibility and liability for: (i) the completeness, accuracy, availability, timeliness, security or reliability of the Game or any content therein; (ii) any harm to your computer system, loss of data, or other harm that results from your access to or use of the Game, or any content therein; (iii) the deletion of, or the failure to store or to transmit, any content and other communications maintained by the Game; (iv) whether the Game will meet your requirements or be available on an uninterrupted, secure, or error-free basis or whether any errors or defects will be corrected. No advice or information, whether oral or written, obtained from the Company Entities or through the Game, will create any warranty not expressly made herein. The Company Entities will not be liable for any loss that you may incur as a consequence of unauthorized use of your Account or Account information in connection with the Game, either with or without your knowledge.
The Company shall not be responsible for the delay or inability to use Platform or related functionalities, the provision of or failure to provide functionalities, or for any information, software, functionalities and related graphics obtained through the Platform, or otherwise arising out of the use of the Platform or Game, whether based on contract, tort, negligence, strict liability or otherwise. Further, the Company shall not be held responsible for non-availability of the Game during periodic maintenance operations or any unplanned suspension of access to Game that may occur due to technical reasons or for any reason beyond the Company’s control. You understand and agree that any material or data downloaded or otherwise obtained through the Platform is done entirely at your own discretion and risk, and that you will be solely responsible for any damage to your computer systems or loss of data that results from the download of such material or data.
10.2 Links
There may be links to third-party websites or resources on the Platform. You acknowledge and agree that the Company is not responsible or liable for: (i) the availability or accuracy of such websites or resources; or (ii) the content, products, or services on or available from such websites or resources. Links to such websites or resources do not imply any endorsement by the Company Entities of such websites or resources or the content, products, or services available from such websites or resources. You acknowledge sole responsibility for and assume all risk arising from your use of any such websites or resources.
There may be links to third-party websites or resources on the Platform. You acknowledge and agree that the Company is not responsible or liable for: (i) the availability or accuracy of such websites or resources; or (ii) the content, products, or services on or available from such websites or resources. Links to such websites or resources do not imply any endorsement by the Company Entities of such websites or resources or the content, products, or services available from such websites or resources. You acknowledge sole responsibility for and assume all risk arising from your use of any such websites or resources.
10.3 Limitation of Liability
To the maximum extent permitted by applicable law, the Company Entities shall not be liable for any indirect, incidental, special, consequential or punitive damages or any loss of profits or revenues, whether incurred directly or indirectly, or any loss of data, use, good-will, or other intangible losses resulting from (i) your access to or use of or inability to access or use of the Platform or the Game; (ii) any content on the Platform; or (iii) unauthorized access, use or alteration of your transmissions or content.
To the maximum extent permitted by applicable law, the Company Entities shall not be liable for any indirect, incidental, special, consequential or punitive damages or any loss of profits or revenues, whether incurred directly or indirectly, or any loss of data, use, good-will, or other intangible losses resulting from (i) your access to or use of or inability to access or use of the Platform or the Game; (ii) any content on the Platform; or (iii) unauthorized access, use or alteration of your transmissions or content.
10.4 Violation of Terms
You agree that any violation by you of these Terms will constitute an unlawful and unfair business practice, and will cause irreparable harm to the Company for which monetary damages would be inadequate, and you consent to the Company obtaining any injunctive or equitable relief that they deem necessary or appropriate in such circumstances. These remedies are in addition to any other remedies that the Company may have at law or in equity. If the Company takes any legal action against you as a result of your violation of these Terms, they will be entitled to recover from you, and you agree to pay, all reasonable attorneys’ fees and costs of such action, in addition to any other relief that may be granted.
You agree that any violation by you of these Terms will constitute an unlawful and unfair business practice, and will cause irreparable harm to the Company for which monetary damages would be inadequate, and you consent to the Company obtaining any injunctive or equitable relief that they deem necessary or appropriate in such circumstances. These remedies are in addition to any other remedies that the Company may have at law or in equity. If the Company takes any legal action against you as a result of your violation of these Terms, they will be entitled to recover from you, and you agree to pay, all reasonable attorneys’ fees and costs of such action, in addition to any other relief that may be granted.
11. General Terms
11.1 Waiver and Severability
The failure of the Company to enforce any right or provision of these Terms will not be deemed a waiver of such right or provision. In the event that any provision of these Terms is held to be invalid or unenforceable, then that provision will be limited or eliminated to the minimum extent necessary, and the remaining provisions of these Terms will remain in full force and effect.
11.2 Governing Law and Jurisdiction
These terms shall be governed by and constructed in accordance with the laws of India without reference to conflict of laws principles and disputes arising in relation hereto shall be subject to the exclusive jurisdiction of courts in Jaipur,Rajasthan, India.
11.3 Entire Agreement
These Terms and the Privacy Policy are the entire and exclusive agreement between the Company and you regarding the Game (excluding any services for which you have a separate agreement with the Company that is explicitly in addition or in place of these Terms), and these Terms supersede and replace any prior agreements between the Company and you regarding the Games.
The Company retains the unconditional right to revise these Terms from time to time, the most current version will always be on the Platform. You can determine when this Terms was last modified by referring to the “Last Updated” legend above. It shall be your responsibility to check this Terms periodically for changes. Your continued use and access of the Game shall signify your acceptance of the amended Terms and your consent to be legally bound by the same.
11.4 Grievance Redressal
You are requested to send us a written notice/ intimation if you notice any act of infringement on the Platform, which must include the following information:
A clear identification of the copyrighted work allegedly infringed;
A clear identification of the allegedly infringing material on the Platform;
Your contact details: name, address, e-mail address and phone number;
A statement that you believe, in good faith, that the use of the copyrighted material allegedly infringed on the Platform is not authorized by your agent or the law;
A statement that the information provided in the notice is accurate, and under penalty of perjury, that the signatory is authorized to act on behalf of the owner of an exclusive copyright right that is allegedly infringed;
Your signature or a signature of your authorized agent.
The aforesaid notices can be sent to the Company by email at hello@capitalrush.gg
On receiving such complaint, grievance or notice, the Company reserves the right to investigate and/or take such action as the Company may deem appropriate. The Company may reach out to you to seek further clarification or assistance with the investigation, or verify the statements made in your complaint, grievance or notice, and you acknowledge that your timely assistance with the investigation would facilitate the redressal of the same.
The name and title of the Grievance Redressal Officer is as follows:
Name: Samveg Singhi
Email: hello@capitalrush.gg
Address: G-152, RIICO Industrial Area, Mansarovar, Jaipur, Rajasthan -302020
The Company reserves the right to replace the Grievance Redressal Officer at its discretion through publication of the name and title of such replacement on the website, which replacement shall come into effect immediately upon publication.
The failure of the Company to enforce any right or provision of these Terms will not be deemed a waiver of such right or provision. In the event that any provision of these Terms is held to be invalid or unenforceable, then that provision will be limited or eliminated to the minimum extent necessary, and the remaining provisions of these Terms will remain in full force and effect.
11.2 Governing Law and Jurisdiction
These terms shall be governed by and constructed in accordance with the laws of India without reference to conflict of laws principles and disputes arising in relation hereto shall be subject to the exclusive jurisdiction of courts in Jaipur,Rajasthan, India.
11.3 Entire Agreement
These Terms and the Privacy Policy are the entire and exclusive agreement between the Company and you regarding the Game (excluding any services for which you have a separate agreement with the Company that is explicitly in addition or in place of these Terms), and these Terms supersede and replace any prior agreements between the Company and you regarding the Games.
The Company retains the unconditional right to revise these Terms from time to time, the most current version will always be on the Platform. You can determine when this Terms was last modified by referring to the “Last Updated” legend above. It shall be your responsibility to check this Terms periodically for changes. Your continued use and access of the Game shall signify your acceptance of the amended Terms and your consent to be legally bound by the same.
11.4 Grievance Redressal
In case you have any complaints or grievance pertaining to (i) any user content that you believe violates these Terms (other than an infringement of intellectual property rights) for the reporting mechanism for such claims), (ii) your access to the Platform or (iii) any user content which you believe is, in the nature of any material which is obscene, defamatory towards the complainant or any person on whose behalf you are making the complaint, or is in the nature of impersonation in an electronic form, including artificially morphed images of such individual, please share the same with us by writing to: hello@capitalrush.gg
In your complaint or grievance, please include the following information:
1. Your name and contact details: name, address, contact number and email address;
2. Your relation to the subject matter of the complaint, i.e. complainant or person acting on behalf of an affected person;
3. The name and age of the person aggrieved or affected by the subject matter of the complaint, in case you are acting on behalf of such person and a statement, under penalty of perjury, that you are authorised to act on behalf of such person and to provide such person's personal information to us in relation to the complaint/grievance;
4. Description of the complaint or grievance with clear identification of the user content in relation to which such complaint or grievance is made;
You are requested to send us a written notice/ intimation if you notice any act of infringement on the Platform, which must include the following information:
A clear identification of the copyrighted work allegedly infringed;
A clear identification of the allegedly infringing material on the Platform;
Your contact details: name, address, e-mail address and phone number;
A statement that you believe, in good faith, that the use of the copyrighted material allegedly infringed on the Platform is not authorized by your agent or the law;
A statement that the information provided in the notice is accurate, and under penalty of perjury, that the signatory is authorized to act on behalf of the owner of an exclusive copyright right that is allegedly infringed;
Your signature or a signature of your authorized agent.
The aforesaid notices can be sent to the Company by email at hello@capitalrush.gg
On receiving such complaint, grievance or notice, the Company reserves the right to investigate and/or take such action as the Company may deem appropriate. The Company may reach out to you to seek further clarification or assistance with the investigation, or verify the statements made in your complaint, grievance or notice, and you acknowledge that your timely assistance with the investigation would facilitate the redressal of the same.
The name and title of the Grievance Redressal Officer is as follows:
Name: Samveg Singhi
Email: hello@capitalrush.gg
Address: G-152, RIICO Industrial Area, Mansarovar, Jaipur, Rajasthan -302020
The Company reserves the right to replace the Grievance Redressal Officer at its discretion through publication of the name and title of such replacement on the website, which replacement shall come into effect immediately upon publication.
Rules of the Game
Game Overview:
Capital Rush is a dynamic investment strategy game that merges financial education with engaging gameplay. Players can choose between Single Player and Multiplayer modes to build and grow their virtual investment portfolios. With different journey lengths and the option to win real money in contests, Capital Rush offers diverse experiences to both casual and strategic players.
Objective:
Grow your virtual portfolio value by making strategic investment decisions and adapting to market challenges.
Game Setup:
Each player starts with 100,000 Capital Dollars (usable for the purpose of the game and have no real-world value).
The game spans 1 to 5 simulated years, with each year divided into 4 quarters.
Each quarter spans across 13 weeks as denoted by tiles on the board.
The tiles are of 2 types- Green tile denoting a positive return for the week and Red tile denoting a negative return for the week.
The game spans 1 to 5 simulated years, with each year divided into 4 quarters.
Each quarter spans across 13 weeks as denoted by tiles on the board.
The tiles are of 2 types- Green tile denoting a positive return for the week and Red tile denoting a negative return for the week.
Turns and Timing:
Players move across weeks using the dice
The number that ends up on the dice is equal to the number of tiles the player or group of players will move across during the year
For single player and multiplayer; the player and bot (single player) and all players (multiplayer) will end up on the same till decided by the dice.
The number that ends up on the dice is equal to the number of tiles the player or group of players will move across during the year
For single player and multiplayer; the player and bot (single player) and all players (multiplayer) will end up on the same till decided by the dice.
Investment Strategies:
Research and choose from a variety of asset classes, including stocks, bonds, real estate, and more.
Make informed decisions based on changing market conditions, economic events, and corporate finance projects.
Make informed decisions based on changing market conditions, economic events, and corporate finance projects.
Investment Rounds:
In each quarter, players can invest in different asset classes: Equity, Savings/FD, Bonds, Commodities, ETFs, and Venture Capital. Each asset class has its own risk and return profile. Players can allocate their Capital Dollars to purchase assets. Savings/FD and Bonds are interest & coupon bearing assets respectively and are free from multipliers Whilst in Venture Capital, the players also receive additional cash in-flow for landing on the green tile.
Multiplier System:
Multipliers determine the rate of return on investments. Strategic allocation is essential for maximizing returns. Rate of return = Market Return x Asset Multiplier. For example, if the market goes up by 1% and the multiplier of the asset invested is 5, the Rate of return = 1 x 5 = 5% (Asset will increase by 5%). Wherever there are decimal values, it’s rounded off by 2 digits.
In-game questions:
In-game questions test players knowledge and offer rewards i.e. additional Capital Dollars.
Performance Assessment:
Net worth is calculated at the end of each game. Players net worth is the sum of their invested amount and cash balance.
Utilizing Real-Life Scenarios as Game Events to Enhance Portfolio Growth
Within the game, we incorporate real-life scenarios termed as “events” that guide players in allocating resources and navigating market opportunities strategically. Events impact the lucrativeness of the assets (i.e. multipliers might increase or decrease according to the event), the flow of the tiles (the number of green and red tiles in a quarter) and the result of events might impact the asset values as well.
Navigating Surprise Events: Decisive Choices in an Unpredictable Market
In Surprise Events, players face a challenging situation and they are given 30 seconds to allocate their portfolios according to the Surprise event. These events require players to make swift decisions, mirroring the fast-paced nature of the financial world. This challenges players to adapt quickly, enhancing their ability to handle unexpected situations.
Inflation’s Impact: Asset Valuations Adjusting to Economic Realities Annually
Recognizing the pervasive nature of inflation, the game incorporates its effects on asset values at the close of each year. This mirrors the reality where assets worth can be influenced by inflation. Inflation rate will be obtained by the number that comes on the wheel at the end of every year, taken as the rate of inflation, and the value of assets change accordingly. The inflation wheel is for 5 year journey, not for one year journey or contest. Players learn to manage and adapt their portfolios in response to this economic factor. Inflation impact as follows:
| Asset | Effect of Inflation | Amount of Change |
|---|---|---|
| Commodities | Increase | Rate of Inflation |
| Equity | No Effect | - |
| Fixed Income | Decrease | Rate of Inflation |
| Cash | No effect | - |
| Derivatives | No effect | - |
| Cryptocurrencies | No effect | - |
| Agriculture ETF | Increase | Rate of Inflation*2 |
| Banking ETF | Decrease | Rate of Inflation*2 |
| Infrastructure ETF | Decrease | Rate of Inflation*2 |
| Automobile ETF | Decrease | Rate of Inflation*2 |
| Information Technology ETF | Increase | Rate of Inflation*2 |
| Consumer Electronics ETF | Decrease | Rate of Inflation*2 |
| FMCG ETF | Increase | Rate of Inflation*2 |
| Pharmaceuticals ETF | Increase | Rate of Inflation*2 |
| Oil and gas ETF | Increase | Rate of Inflation*2 |
| Mutual Funds | No effect | - |
| Forex | Decrease | Rate of Inflation |
| Savings/FD | No effect | - |
| Venture Capital | No effect | - |
Exploring Corporate Finance Projects: Investing in Ventures for Potential Gains:
Through the Corporate Finance project, players gain the opportunity to invest in diverse projects. These projects offer potential benefits if they continue successfully. This aspect of the game mirrors real-world investment opportunities, where strategic investment decisions can lead to favourable outcomes. The players are displayed the investment outlay along with future cash flows and recovery range
Single Player Mode (compete against bot):
Play as a Trader (1-Year Journey):
Experience the fast-paced world of trading. Make quick investment decisions and trade to maximise short-term gains. Navigate surprise events and corporate finance projects for added excitement.
Play as an Investor (5-Year Journey):
Embark on a strategic investment journey. Plan and allocate resources over a longer horizon to build a diversified portfolio. Overcome challenges, events, and surprise events to grow your investments.
Multiplayer Mode:
Admin-controlled customization: Choose the duration of the game, whether 1 to 5 simulated years. Engage with friends or players globally in a competitive investment battle. Exercise strategic gameplay to achieve dominance on the leaderboards.
Leaderboards and Rankings:
Players are ranked based on net worth and performance. Compete with others globally, weekly (resets weekly).
Contests Mode:
Use real money to get into exciting Capital Rush contests: Complete transparency of prize, pool, and calculation in the description of contests. Engage in contests with varying durations and entry fees. All contestants start off with the same amount of Capital Dollars for investment, the time period to play remains the same as well. Players are ranked on the basis of their net worth (Invested amount+ Cash Balance) in descending order (highest to lowest). Players are awarded either Capital Dollars or Real Money winnings according to their performance as per the game mode. The contest involves considerable use of skill and does not constitute gambling
Winning and Ranking:
The player with the highest net worth (Invested Amount+ Cash Balance) at the end of simulated years wins. Players are ranked on the basis of their net worth (Invested amount+ Cash Balance) in descending order (highest to lowest). Players are awarded either Capital Dollars or Real Money winnings according to their performance as per the game mode.
Contest Payouts:
Win cash prizes in contests by outperforming other players with your investment strategies. The payout can take maximum of 14 days once player places the withdrawal request.
Contest Terms and Conditions
The Company may run paid contests versions of the Game Contests on the Platform from time to time.
Entering a Contest:
a. In the event you elect to play a Contest, you will be required to provide your KYC (Know Your Customer) details to us for verification. KYC verification is mandatory as a proof of identity for Contests. KYC verification may be done by providing certain details: (i) photograph of a valid government ID (Aadhaar Card, PAN Card etc.); and (ii) other user details. If you opt to provide your Aadhaar card / number for KYC, you hereby: (i) understand and agree that your Aadhaar Card / number has been submitted only for Your KYC verification; and (ii) You authorise the Company to temporarily access and verify Your Aadhaar card, You understand that the Company will not be storing your Aadhaar card / number unless as required by law.
b. Upon successfully verifying your KYC, a deposit cash account (“Deposit Account”) and winnings cash account (“Winnings Account”) will be created for You.
c. In order to participate in a Contest, Users will be required to buy a ticket (“Ticket”) by paying an entry amount in the form of cash. Users may add cash to their Deposit Account by using any of the payment modes available on the Platform
d. The following categories of Tickets will be available to Users for each Contest:
(i) Gold Ticket: User will get 4 chances to play the Contest and the highest score will be considered for the purpose of the leaderboard in the Contest.
(ii) Silver Ticket: User will get 2 chances to play the Contest and the highest score will be considered for the purpose of the leaderboard in the Contest.
(iii) Bronze Ticket: User will get 1 chance to play the Contest.
b. Upon successfully verifying your KYC, a deposit cash account (“Deposit Account”) and winnings cash account (“Winnings Account”) will be created for You.
c. In order to participate in a Contest, Users will be required to buy a ticket (“Ticket”) by paying an entry amount in the form of cash. Users may add cash to their Deposit Account by using any of the payment modes available on the Platform
d. The following categories of Tickets will be available to Users for each Contest:
(i) Gold Ticket: User will get 4 chances to play the Contest and the highest score will be considered for the purpose of the leaderboard in the Contest.
(ii) Silver Ticket: User will get 2 chances to play the Contest and the highest score will be considered for the purpose of the leaderboard in the Contest.
(iii) Bronze Ticket: User will get 1 chance to play the Contest.
Playing a Contest:
a. The rules of playing the Game as part of a Contest are as set out in the rulesheet above.
b. Each Contest has a pre-determined limit on the number of participants that can participate and a specified time before which entries must be made. Specific terms of each Contest, such as number of participants, prizes / winnings, period of Contest etc. shall be informed to the User prior to commencement of the relevant Contest.
c. Where the number of participants is less than required for then purpose of a Contest, the Platform may deploy bots in place of real Users. However, regardless of the position of the bots in the leaderboard, no prizes shall be awarded to the bots.
d. Prizes in each Contest shall be awarded to Users ranking top rankings in the leaderboard for the relevant Contest. Prizes for each Contest may include real money as well as ‘Capital Gold’. On winning Real money, the amount will be reflected in the User’s Winnings Account. Capital Gold are non-transferable digital online coins, with no real world value, which can be used for unlocking benefits or features in the Game / Platform.
e. Users are eligible to withdraw only cash winnings from the Winnings Account to User’s bank/wallet account once it is validated and KYC verified.
f. User should ensure that the User’s bank account / UPI ID are active, failing which, the Platform will be unable to process the withdrawal.
g. In case of withdrawal through a bank account or UPI, User should ensure that the name on the User’s KYC document matches the name of the account holder submitted for withdrawing cash winnings. In the event the name on the KYC document does not match with the account holder’s name, the same shall be considered invalid.
h. All cash winnings shall be paid subject to deduction of withholding taxes as required under applicable law. All taxes applicable to the User shall be borne by the User.
b. Each Contest has a pre-determined limit on the number of participants that can participate and a specified time before which entries must be made. Specific terms of each Contest, such as number of participants, prizes / winnings, period of Contest etc. shall be informed to the User prior to commencement of the relevant Contest.
c. Where the number of participants is less than required for then purpose of a Contest, the Platform may deploy bots in place of real Users. However, regardless of the position of the bots in the leaderboard, no prizes shall be awarded to the bots.
d. Prizes in each Contest shall be awarded to Users ranking top rankings in the leaderboard for the relevant Contest. Prizes for each Contest may include real money as well as ‘Capital Gold’. On winning Real money, the amount will be reflected in the User’s Winnings Account. Capital Gold are non-transferable digital online coins, with no real world value, which can be used for unlocking benefits or features in the Game / Platform.
e. Users are eligible to withdraw only cash winnings from the Winnings Account to User’s bank/wallet account once it is validated and KYC verified.
f. User should ensure that the User’s bank account / UPI ID are active, failing which, the Platform will be unable to process the withdrawal.
g. In case of withdrawal through a bank account or UPI, User should ensure that the name on the User’s KYC document matches the name of the account holder submitted for withdrawing cash winnings. In the event the name on the KYC document does not match with the account holder’s name, the same shall be considered invalid.
h. All cash winnings shall be paid subject to deduction of withholding taxes as required under applicable law. All taxes applicable to the User shall be borne by the User.
Platform Fee Information:
a. CAPITAL RUSH charges a Platform Fee from the User(s), for making available its e-platform where Capital Rush game is available and providing the service to the Users to participate in those games of skill or consume the content as offered.
b. The Platform Fee for all the products/games is a fixed rate (%) of the Designated Amount and is between 10% and 30% and under extreme exceptional cases may go beyond this range.
c. CAPITAL RUSH, in accordance with the Terms & Conditions of the Bonus Program, may give a Discount in the Platform Fee and thus the Designated Amount shall be accordingly recovered from the User’s Cash Balances
c. This can be easily deduced from the Designated Amount and the total prize offered
b. The Platform Fee for all the products/games is a fixed rate (%) of the Designated Amount and is between 10% and 30% and under extreme exceptional cases may go beyond this range.
c. CAPITAL RUSH, in accordance with the Terms & Conditions of the Bonus Program, may give a Discount in the Platform Fee and thus the Designated Amount shall be accordingly recovered from the User’s Cash Balances
c. This can be easily deduced from the Designated Amount and the total prize offered
Platform Fee Capital Rush:
a. CAPITAL RUSH charges a ‘Processing Fee’ from the User(s) for facilitating withdrawal of Winnings through various modes including but not limited to Bank Account and UPI.
b. The Processing Fee shall be levied as per the following schedule:
c. In accordance with the Terms & Conditions, CAPITAL RUSH reserves the right to revise the Processing Fee and its levy schedule at its sole discretion.
b. The Processing Fee shall be levied as per the following schedule:
| User Pool | Platform Fees |
|---|---|
| 1 to 10 | 5% |
| 11 to 50 | 10% |
| 51 to 100 | 15% |
c. In accordance with the Terms & Conditions, CAPITAL RUSH reserves the right to revise the Processing Fee and its levy schedule at its sole discretion.
Return, Refund and Cancellation:
a. Amounts once deposited in the Deposit Account cannot be withdrawn by the User
b. In the event, that there is an error in the Service, Platform or in a Contest, or a Contest is cancelled by the Company, the Company may refund amount paid towards the affected Ticket back to the Deposit Account, provided the reasons are genuine and proved after an investigation by the Company. Such refund will reflect in the Deposit Amount within a reasonable period of time.
c. Please read the rules of each Contest before participating.
b. In the event, that there is an error in the Service, Platform or in a Contest, or a Contest is cancelled by the Company, the Company may refund amount paid towards the affected Ticket back to the Deposit Account, provided the reasons are genuine and proved after an investigation by the Company. Such refund will reflect in the Deposit Amount within a reasonable period of time.
c. Please read the rules of each Contest before participating.
User Accounts:
a. Users must use any money, within 365 days, in their (i) Deposit Account towards purchase of Tickets and (ii) Winnings Account for withdrawals. The Company shall have the right to directly forfeit any such unused amount after 365 (three hundred and sixty-five) days with effect from 01 April 2023 (“Effective Date”) in accordance with the below-mentioned terms
b. Account Maintenance Fees (“Maintenance Fees”)
As on the Effective Date, if a Deposit Account or Winnings Account is lying dormant for a period of 365 days, the Company shall charge a Maintenance Fee to such User which shall be computed as follows.
(i) For Deposit Account: The entire amount lying in the Deposit Account which shall be inclusive of any indirect taxes.
(ii) For Winnings Account: The Company will charge an upfront freezing fee (“Upfront Fee”) of INR 100 for all inactive accounts inclusive of all taxes.
(iii)The Maintenance Fee is for defraying the technical costs involved in such freezing, holding any amounts in escrow for users, etc and the Company shall not be required to provide any warning before charging the Maintenance Fees. The Company shall however issue a tax invoice to the User while charging the Maintenance Fees to such User.
c. Please read the rules of each Contest before participating.
1. In case the User’s Account continues to be dormant beyond a period of 365 days, the Company also reserves the right to charge monthly maintenance fees (“Monthly Maintenance Fee”) which shall be charged on the balance remaining in the Winnings Account of the User after deduction of the Upfront Fee (“Balance”). The Monthly Maintenance Fee shall be charged in monthly arrears starting 30 (thirty) days after 365 (three hundred and sixty-five) days of dormancy. The Monthly Maintenance Fee shall be equal to 8.33% of the Balance and shall be inclusive of all taxes. The User shall not be given any warning before the charge of the Monthly Maintenance Fee. The Company shall however issue a tax invoice to the User while charging the Maintenance Fees to such User
2. The User shall incur this Monthly Maintenance Fee until his / her account is reverified by the Company and unfrozen.
3. The User can unfreeze his / her accounts by logging in to his / her account and resubmitting KYC documents required by the Company for re-verification of the account.
4. The User acknowledges and agrees that this measure is designed to prevent fraud/identity theft and is required to protect the User’s information and account. The Monthly Maintenance Fee is for defraying the technical and manpower costs involved in re-verification of the User’s account, holding amounts in escrow, etc.
5. In case, the User does not unfreeze his account before the Balance becomes nil, the User’s account will be permanently blocked. The User will no longer be able to access this account and information associated with this account, however, this would not prevent the User from creating a new account on the Platform by following the process listed herein.
b. Account Maintenance Fees (“Maintenance Fees”)
As on the Effective Date, if a Deposit Account or Winnings Account is lying dormant for a period of 365 days, the Company shall charge a Maintenance Fee to such User which shall be computed as follows.
(i) For Deposit Account: The entire amount lying in the Deposit Account which shall be inclusive of any indirect taxes.
(ii) For Winnings Account: The Company will charge an upfront freezing fee (“Upfront Fee”) of INR 100 for all inactive accounts inclusive of all taxes.
(iii)The Maintenance Fee is for defraying the technical costs involved in such freezing, holding any amounts in escrow for users, etc and the Company shall not be required to provide any warning before charging the Maintenance Fees. The Company shall however issue a tax invoice to the User while charging the Maintenance Fees to such User.
c. Please read the rules of each Contest before participating.
1. In case the User’s Account continues to be dormant beyond a period of 365 days, the Company also reserves the right to charge monthly maintenance fees (“Monthly Maintenance Fee”) which shall be charged on the balance remaining in the Winnings Account of the User after deduction of the Upfront Fee (“Balance”). The Monthly Maintenance Fee shall be charged in monthly arrears starting 30 (thirty) days after 365 (three hundred and sixty-five) days of dormancy. The Monthly Maintenance Fee shall be equal to 8.33% of the Balance and shall be inclusive of all taxes. The User shall not be given any warning before the charge of the Monthly Maintenance Fee. The Company shall however issue a tax invoice to the User while charging the Maintenance Fees to such User
2. The User shall incur this Monthly Maintenance Fee until his / her account is reverified by the Company and unfrozen.
3. The User can unfreeze his / her accounts by logging in to his / her account and resubmitting KYC documents required by the Company for re-verification of the account.
4. The User acknowledges and agrees that this measure is designed to prevent fraud/identity theft and is required to protect the User’s information and account. The Monthly Maintenance Fee is for defraying the technical and manpower costs involved in re-verification of the User’s account, holding amounts in escrow, etc.
5. In case, the User does not unfreeze his account before the Balance becomes nil, the User’s account will be permanently blocked. The User will no longer be able to access this account and information associated with this account, however, this would not prevent the User from creating a new account on the Platform by following the process listed herein.
Games of skill:
a. The Contest hosted by the Company on the Platform are all Games of Skill (defined below).
b. ‘Games of Skill’, under Indian law, are excluded from the ambit of gambling legislations including, the Public Gambling Act of 1867 and other state enactments except in the restricted states, i.e. Andhra Pradesh, Assam, Nagaland, Odisha, Sikkim or Telangana (“Restricted States”). If the outcome of a game is predominantly determined by skill, then the game is considered a game of skill.
c. Different asset investing need different skills, such as knowledge of the asset, familiarity with rules, experience, reflexes, experience, practice, etc. By virtue of its classification as a game of skill, the Contest does not violate the Public Gambling Act, of 1867, and is excluded from the ambit of certain Indian gambling legislations.
d. However, Users residing in the Restricted States are prohibited from participating in Contests. Any participation by such individuals shall be at their sole risk and discretion and the Company shall not be liable to refund or reimburse any injury or damages suffered by such individuals.
e. The Company reserves the right to monitor all User activities on the Platform. If any User participates in any Contest in violation of any central and/or state law(s) in India, the Company reserves the right to cooperate with law enforcement agencies of the relevant state and report such participation or/and suspicious activity along with all relevant details of the concerned User. (The Users based out of the Restricted States are not permitted under applicable Laws to participate in specific or all games hosted on the Platform and shall not be permitted to connect to the Game and/or Platform by breaching security measures put in by the Company, including without limitation through a virtual private network.)
f. The Company does not support, endorse or offer to any User ‘games of chance’ for money. Each Contest available on the Platform has clearly defined rules and code of conduct. All Users are encouraged to read, understand and follow these rules to be successful in these games. The Company shall not be liable if Users do not adhere to the Game Rules or otherwise engage in gambling or betting activities on the Platform.
b. ‘Games of Skill’, under Indian law, are excluded from the ambit of gambling legislations including, the Public Gambling Act of 1867 and other state enactments except in the restricted states, i.e. Andhra Pradesh, Assam, Nagaland, Odisha, Sikkim or Telangana (“Restricted States”). If the outcome of a game is predominantly determined by skill, then the game is considered a game of skill.
c. Different asset investing need different skills, such as knowledge of the asset, familiarity with rules, experience, reflexes, experience, practice, etc. By virtue of its classification as a game of skill, the Contest does not violate the Public Gambling Act, of 1867, and is excluded from the ambit of certain Indian gambling legislations.
d. However, Users residing in the Restricted States are prohibited from participating in Contests. Any participation by such individuals shall be at their sole risk and discretion and the Company shall not be liable to refund or reimburse any injury or damages suffered by such individuals.
e. The Company reserves the right to monitor all User activities on the Platform. If any User participates in any Contest in violation of any central and/or state law(s) in India, the Company reserves the right to cooperate with law enforcement agencies of the relevant state and report such participation or/and suspicious activity along with all relevant details of the concerned User. (The Users based out of the Restricted States are not permitted under applicable Laws to participate in specific or all games hosted on the Platform and shall not be permitted to connect to the Game and/or Platform by breaching security measures put in by the Company, including without limitation through a virtual private network.)
f. The Company does not support, endorse or offer to any User ‘games of chance’ for money. Each Contest available on the Platform has clearly defined rules and code of conduct. All Users are encouraged to read, understand and follow these rules to be successful in these games. The Company shall not be liable if Users do not adhere to the Game Rules or otherwise engage in gambling or betting activities on the Platform.
Disclaimer:
The Game and / or the Contests are based on fictitious assets which have value only within the Game. The assets are not based on any real-life assets or securities and the Users should not rely on the same for any reason whatsoever. The Game is only for entertainment and recreation purposes and is not meant for and does not purport to provide any educational or learning services. The Platform, Game and Contests are made available only on an as-is basis and the Company does not make any representations or warranties as to the quality, suitability or merchantability of the Game, Contest or any prizes given to Users.
