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Effective 2026

Stake Privacy Policy

This Privacy Policy governs the collection, processing, protection, storage, disclosure, and deletion of personal data belonging to users of the Stake platform in India. All personal information gathered through this site is handled in accordance with applicable data protection laws and regulatory requirements.

No personal data is collected, processed, or shared without the explicit consent of the user. Users are encouraged to read this document carefully before accessing or using any services available on the platform. This policy applies to all registered users and visitors to the Stake website.

Privacy and Data Protection at Stake

The primary objective of data protection at Stake is to ensure that all personal information is handled with integrity, transparency, and strict confidentiality. The platform collects only the data necessary to provide its services and fulfil its legal obligations under applicable Indian data protection frameworks, including the Digital Personal Data Protection Act, 2023 (DPDPA).

Personal Information Collected

The following categories of personal data may be collected during registration and continued use of the platform:

  • Full legal name and date of birth;
  • Contact details, including email address and phone number;
  • Government-issued identification documents for identity verification;
  • Financial information necessary for deposits, withdrawals, and transaction processing;
  • Device and technical data, such as IP address and browser type.

Purpose of Data Collection

Personal information is collected for the following purposes:

  • Account creation and ongoing account management;
  • Identity verification and age confirmation;
  • Processing financial transactions;
  • Compliance with anti-money laundering (AML) and Know Your Customer (KYC) regulations;
  • Detection and prevention of fraud or unauthorized activity.

Security Measures in Place

The platform applies both technical and organisational safeguards to protect user data, including:

  • SSL encryption for all data transmissions;
  • Secure server infrastructure with restricted access controls;
  • Regular security audits and system monitoring;
  • Staff training on data handling and confidentiality obligations.

User Rights Under Indian Law

In accordance with the DPDPA and other applicable Indian regulations, users hold the following rights regarding their personal data:

  • The right to access personal information held by the platform;
  • The right to correct inaccurate or outdated data;
  • The right to request deletion of personal data, subject to legal retention obligations;
  • The right to withdraw consent for non-essential data processing at any time;
  • The right to nominate a representative for data-related matters in certain circumstances.

How Collected Information Is Used

All personal data collected by the platform is processed for clearly defined, lawful purposes. No information is used beyond what is necessary for those stated purposes.

Account and Service Management

User information is used to create, maintain, and manage registered user accounts; verify identity in compliance with KYC and AML requirements; process deposits and withdrawals; and provide customer support.

Service Optimisation and Analytics

Aggregated and anonymised data is used to analyse user behaviour and platform performance, improve functionality, layout, and quality of services, and identify/resolve technical issues.

Marketing and Communications

With prior consent, data is used to send promotional offers, updates, and tailor recommendations. Users may withdraw consent at any time via opt-out instructions or customer support.

Regulatory Compliance

Data processing acts mandated by law include retaining transaction records for audits, reporting to financial and governmental authorities, and cooperation with law enforcement when required.

Accessing and Managing Personal Information

Users have the right to access, review, correct, and request the deletion of their personal information at any time, subject to applicable legal requirements.

How to Access or Update Personal Data

Users may request access to or correction of their personal information through logging into the user account settings directly, or by submitting a formal request to the platform's designated data protection contact. All requests are processed within a reasonable timeframe under Indian data protection regulations.

Data Modification and Deletion

Requests for modification are processed immediately. Deletion requests are assessed against legal retention obligations (AML compliance, financial records, disputes). Where full deletion is not possible due to legal requirements, the platform will inform the user of the specific reason and the expected retention period.

Consent for Security Verification and Payment Data

Certain security-related processes require identity verification (such as government-issued ID review) to protect the user's account from unauthorised access. Financial data is processed through authorised third-party electronic payment service providers who are bound by contractual confidentiality agreements. The platform does not store full card or banking details on its own servers.

Protection of Children's Privacy

The Stake platform is strictly intended for adult users. Access to and registration on the site is limited to individuals who are 18 years of age or older.

Age Restriction Policy

  • Registration is not permitted for any individual under the age of 18;
  • The platform does not knowingly collect personal information from minors;
  • Users are required to confirm their age during the registration process.

The platform cannot independently verify the age of all users without the submission of valid supporting documentation. Users may be required to provide government-issued identification at any stage of the account verification process to confirm eligibility.

Requests from Parents or Guardians

If a parent or legal guardian becomes aware that a minor has registered an account or submitted personal information without authorisation, they are advised to contact support immediately, provide documentation confirming the minor's identity, and submit a formal request for account deletion. Upon verification, the platform will promptly close the account and purge associated data.

International Transfer of Personal Data

In the course of operating its services, the platform may transfer personal data to, and process it in, countries other than India. Such transfers may occur when the platform engages partners, affiliates, service providers, or regulatory bodies located in other jurisdictions.

Basis and Standards for International Transfers

By registering an account and using the services, users explicitly consent to the transfer of their personal data to other countries for the purposes described in this policy. Transfers are conducted only where necessary to fulfil service delivery, regulatory compliance, or contractual obligations.

The platform takes reasonable steps to ensure that all recipients of personal data in other jurisdictions maintain standards of data confidentiality and security consistent with applicable data protection principles. This includes binding contractual agreements with all agents, restrictions on further disclosure, and requiring adequate technical safeguards.

This legal disclaimer forms an integral part of the Privacy Policy and serves to define the specific legal framework that governs the relationship between the platform and its users in relation to data processing.

This disclaimer modifies the scope or application of certain standard provisions within this policy in order to establish a clearly defined legal regime for data handling. It applies in circumstances where a user has accepted this Privacy Policy through the act of registration, account confirmation, or any other form of express agreement, which constitutes a binding agreement between the user and the platform.

By signing, ratifying, or joining this agreement through any accepted method, users acknowledge that the terms create enforceable obligations on both parties, and any continued use of the platform constitutes ongoing acknowledgement of these terms. The platform reserves the right to update this policy in accordance with changes to applicable law.

Use of Cookies

The platform uses cookies to support the functionality, performance, and security of the website. Cookies are small text files stored on a user's device when they visit the site.

Cookie Operations

  • Purpose of Cookies: Used for statistical and behavioural analysis to understand usage patterns, personalise content/settings, and optimise site performance, load times, and navigation.
  • Storage Period: Cookies placed by the platform are stored on the user's device for a period of one (1) year from the date of placement, unless cleared from browser settings before expiration.
  • Managing Cookie Preferences: Users may control or disable cookies through their browser settings at any time. However, disabling certain cookies may affect platform functionality and quality of user experience.

Acceptance of This Privacy Policy

Full and unconditional acceptance of this Privacy Policy is a prerequisite for accessing and using the services available on the platform.

By registering an account or continuing to use the platform, users confirm that they have read, understood, and agreed to the terms set out in this policy. Users who do not agree with the terms are not permitted to register or continue using the platform's services.

The current version of this Privacy Policy supersedes and takes precedence over all previous versions. The platform reserves the right to amend this Privacy Policy at any time. Continued use of the platform following the publication of an updated policy constitutes acceptance of the revised terms.

Third-Party Privacy Practices

The platform may share personal data with third parties in specific circumstances, always in accordance with this Privacy Policy and applicable data protection laws.

Data Sharing Circumstances

Personal data may be disclosed to third parties to resolve disputes, investigate complaints, fulfil contractual obligations to service providers, comply with legal/regulatory requirements, or process payments through authorised service providers.

Third parties with whom data is regularly shared are identified on the platform. In cases where a specific third party is not listed, the platform will disclose the purpose of sharing and categories of data involved. By submitting personal data, users consent to its transfer under these parameters. All third parties are required to maintain strict data confidentiality.

The Stake website may contain hyperlinks to external websites and online resources that are not owned or operated by the platform.

This Privacy Policy applies exclusively to the collection and use of personal data on the Stake platform. It does not extend to any external websites accessed through links on this site. The platform is not responsible for the data collection, processing, or privacy practices of any third-party websites, and the presence of a link does not constitute an endorsement of their privacy practices.

Users are strongly advised to review the privacy policy of any external website before submitting personal information, and exercise caution when sharing personal data on third-party platforms.