Terms & Conditions

Terms & Conditions

Terms & Conditions

These Terms and Conditions (“Terms”) govern access to and use of the website operated under the “Fuel” initiative (the “Website”).The Website is owned, managed and operated by Cars24 Services Private Limited, a company incorporated under the provisions of the Companies Act, 2013, having its registered office at 10th Floor, Tower B, Unitech Cyber Park, Sector 39, Gurugram, 122001, Haryana (hereinafter referred to as “Cars24”, which expression shall, unless it be repugnant to the context or meaning thereof, be deemed to mean and include its authorised representatives, directors, officers, employees, executors, administrators, successors and permitted assigns).“Fuel” is merely the name of an initiative operated by Cars24 and does not constitute a separate legal entity.

These Terms and Conditions (“Terms”) govern access to and use of the website operated under the “Fuel” initiative (the “Website”).The Website is owned, managed and operated by Cars24 Services Private Limited, a company incorporated under the provisions of the Companies Act, 2013, having its registered office at 10th Floor, Tower B, Unitech Cyber Park, Sector 39, Gurugram, 122001, Haryana (hereinafter referred to as “Cars24”, which expression shall, unless it be repugnant to the context or meaning thereof, be deemed to mean and include its authorised representatives, directors, officers, employees, executors, administrators, successors and permitted assigns).“Fuel” is merely the name of an initiative operated by Cars24 and does not constitute a separate legal entity.

Acceptance of Terms

By accessing, browsing, or using the Website, or by submitting any information, documents, data or materials in connection therewith, you acknowledge that you have read, understood and agree to be legally bound by these Terms and the Privacy Policy. If you do not agree, you must immediately cease use of the Website.

Informational Purpose Only

Acceptance of Terms

The Website and all information contained therein are provided solely for general informational purposes. Nothing contained on the Website constitutes or shall be construed as an offer to sell, or solicitation of an offer to buy, any securities or financial instruments. Nothing herein constitutes an invitation to the public to subscribe for any securities or investment product. The Website does not constitute investment, financial, legal, accounting or tax advice. Access to or use of the Website does not create any fiduciary, advisory, partnership, agency, employment, joint venture or other special relationship between you and Cars24.

By accessing, browsing, or using the Website, or by submitting any information, documents, data or materials in connection therewith, you acknowledge that you have read, understood and agree to be legally bound by these Terms and the Privacy Policy. If you do not agree, you must immediately cease use of the Website.

By accessing, browsing, or using the Website, or by submitting any information, documents, data or materials in connection therewith, you acknowledge that you have read, understood and agree to be legally bound by these Terms and the Privacy Policy. If you do not agree, you must immediately cease use of the Website.

Informational Purpose Only

The Website and all information contained therein are provided solely for general informational purposes. Nothing contained on the Website constitutes or shall be construed as an offer to sell, or solicitation of an offer to buy, any securities or financial instruments. Nothing herein constitutes an invitation to the public to subscribe for any securities or investment product. The Website does not constitute investment, financial, legal, accounting or tax advice. Access to or use of the Website does not create any fiduciary, advisory, partnership, agency, employment, joint venture or other special relationship between you and Cars24.

Informational Purpose Only

The Website and all information contained therein are provided solely for general informational purposes. Nothing contained on the Website constitutes or shall be construed as an offer to sell, or solicitation of an offer to buy, any securities or financial instruments. Nothing herein constitutes an invitation to the public to subscribe for any securities or investment product. The Website does not constitute investment, financial, legal, accounting or tax advice. Access to or use of the Website does not create any fiduciary, advisory, partnership, agency, employment, joint venture or other special relationship between you and Cars24.

No Obligation to Review or Invest

No submission of materials, pitch decks, financial information, projections, business plans, communications or other content (“Submissions”), and no interaction, meeting, discussion, exchange of information, diligence review, indicative term sheet or correspondence shall create any obligation on the part of Cars24 to review, respond, negotiate, invest, co-invest, or enter into any transaction. No statement, representation or conduct, whether oral or written, shall constitute an expression of intent to invest or a binding commitment, except pursuant to definitive written agreements duly executed by authorised signatories of Cars24.

No submission of materials, pitch decks, financial information, projections, business plans, communications or other content (“Submissions”), and no interaction, meeting, discussion, exchange of information, diligence review, indicative term sheet or correspondence shall create any obligation on the part of Cars24 to review, respond, negotiate, invest, co-invest, or enter into any transaction. No statement, representation or conduct, whether oral or written, shall constitute an expression of intent to invest or a binding commitment, except pursuant to definitive written agreements duly executed by authorised signatories of Cars24.

No submission of materials, pitch decks, financial information, projections, business plans, communications or other content (“Submissions”), and no interaction, meeting, discussion, exchange of information, diligence review, indicative term sheet or correspondence shall create any obligation on the part of Cars24 to review, respond, negotiate, invest, co-invest, or enter into any transaction. No statement, representation or conduct, whether oral or written, shall constitute an expression of intent to invest or a binding commitment, except pursuant to definitive written agreements duly executed by authorised signatories of Cars24.

Accuracy and Authority of Submissions

By making any Submission, you irrevocably represent, warrant and undertake that all information provided is true, complete, accurate and not misleading in any respect as of the date of submission and shall remain so. You further represent that no material fact, circumstance or information has been omitted, suppressed or concealed which would render any information inaccurate or misleading. All projections and forward-looking statements are prepared in good faith based on reasonable assumptions. You confirm that you have full authority to provide the Submissions and to disclose any information contained therein.

By making any Submission, you irrevocably represent, warrant and undertake that all information provided is true, complete, accurate and not misleading in any respect as of the date of submission and shall remain so. You further represent that no material fact, circumstance or information has been omitted, suppressed or concealed which would render any information inaccurate or misleading. All projections and forward-looking statements are prepared in good faith based on reasonable assumptions. You confirm that you have full authority to provide the Submissions and to disclose any information contained therein.

Responsibility for Submitted Information

Cars24, at its sole discretion, may validate or rely upon the accuracy and completeness of any Submissions, and shall not be under any obligation to independently verify such information. You agree that you shall be fully and exclusively liable, to the maximum extent permitted under applicable law, for any loss, damage, liability, claim, regulatory exposure, penalty, investigation, cost or expense (including reasonable legal fees) incurred by Cars24 arising directly or indirectly from any inaccuracy, misrepresentation, omission, concealment, breach of representation, provision of information without authority, or any fraudulent, negligent or wilful act relating to the Submissions. Such liability shall survive termination of discussions, rejection, acceptance, execution or non-execution of any agreement.

Cars24, at its sole discretion, may validate or rely upon the accuracy and completeness of any Submissions, and shall not be under any obligation to independently verify such information. You agree that you shall be fully and exclusively liable, to the maximum extent permitted under applicable law, for any loss, damage, liability, claim, regulatory exposure, penalty, investigation, cost or expense (including reasonable legal fees) incurred by Cars24 arising directly or indirectly from any inaccuracy, misrepresentation, omission, concealment, breach of representation, provision of information without authority, or any fraudulent, negligent or wilful act relating to the Submissions. Such liability shall survive termination of discussions, rejection, acceptance, execution or non-execution of any agreement.

Confidentiality and Use of Submissions

Unless a separate written non-disclosure agreement has been executed by Cars24, no confidential or fiduciary relationship is created by virtue of any Submission. Cars24 may share Submissions internally and with professional advisors for evaluation, compliance and governance purposes. Cars24 may evaluate, develop or invest in opportunities similar or identical to any Submission and shall not be liable solely by reason of such similarity.

Unless a separate written non-disclosure agreement has been executed by Cars24, no confidential or fiduciary relationship is created by virtue of any Submission. Cars24 may share Submissions internally and with professional advisors for evaluation, compliance and governance purposes. Cars24 may evaluate, develop or invest in opportunities similar or identical to any Submission and shall not be liable solely by reason of such similarity.

Website Provided “As Is”

The Website and its content are provided on an “as is” and “as available” basis. To the fullest extent permitted by law, Cars24 disclaims all warranties, express or implied, including accuracy, completeness, merchantability, fitness for a particular purpose and non-infringement. You agree that you do not rely on the Website or any content as the basis for any decision.

The Website and its content are provided on an “as is” and “as available” basis. To the fullest extent permitted by law, Cars24 disclaims all warranties, express or implied, including accuracy, completeness, merchantability, fitness for a particular purpose and non-infringement. You agree that you do not rely on the Website or any content as the basis for any decision.

Limitation of Liability

To the maximum extent permitted by law, Cars24 shall not be liable for any indirect, incidental, special, consequential or punitive damages, including loss of profits, opportunity, goodwill, business or data. Nothing herein limits liability where such limitation is prohibited by law, including for fraud.

To the maximum extent permitted by law, Cars24 shall not be liable for any indirect, incidental, special, consequential or punitive damages, including loss of profits, opportunity, goodwill, business or data. Nothing herein limits liability where such limitation is prohibited by law, including for fraud.

Indemnification

You agree to indemnify and hold harmless Cars24 from and against any claims, losses, liabilities, damages, costs or expenses arising from your breach of these Terms, your Submissions, infringement of third-party rights or violation of applicable law.

You agree to indemnify and hold harmless Cars24 from and against any claims, losses, liabilities, damages, costs or expenses arising from your breach of these Terms, your Submissions, infringement of third-party rights or violation of applicable law.

Governing Law and Dispute Resolution

These Terms shall be governed by the laws of India. Any dispute arising out of or relating to these Terms shall be finally resolved by arbitration under the Arbitration and Conciliation Act, 1996 by a sole arbitrator. The seat and venue of arbitration shall be New Delhi, India, and the language shall be English. Subject to arbitration, courts at New Delhi shall have jurisdiction for interim relief and supervisory matters.

These Terms shall be governed by the laws of India. Any dispute arising out of or relating to these Terms shall be finally resolved by arbitration under the Arbitration and Conciliation Act, 1996 by a sole arbitrator. The seat and venue of arbitration shall be New Delhi, India, and the language shall be English. Subject to arbitration, courts at New Delhi shall have jurisdiction for interim relief and supervisory matters.

These Terms constitute the entire agreement governing use of the Website and supersede prior understandings relating thereto. If any provision is held invalid or unenforceable, the remaining provisions shall remain in full force and effect. Cars24 may amend these Terms by updating the Website, and continued use constitutes acceptance of such amendments.

These Terms constitute the entire agreement governing use of the Website and supersede prior understandings relating thereto. If any provision is held invalid or unenforceable, the remaining provisions shall remain in full force and effect. Cars24 may amend these Terms by updating the Website, and continued use constitutes acceptance of such amendments.