Privacy Policy for Wealth Managers United (WMU India)
Wealth Managers United (“WMU India,” “we,” “us,” or “our”) is committed to protecting the privacy and security of the personal data of our clients, prospective clients, and website visitors (“Data Principals,” “you,” or “your”). This Privacy Policy outlines our practices concerning the collection, use, disclosure, and protection of your digital personal data in compliance with the Digital Personal Data Protection Act, 2023 (DPDPA) of India.
1. Scope and Applicability
This policy applies to all digital data collected and processed by WMU India through our website, https://www.wmuindia.com/, and any related services. As a Data Fiduciary, we are responsible for ensuring that your data is processed lawfully and securely.
2. Personal Data We Collect
We collect personal data that you voluntarily provide to us, as well as data collected automatically through your use of our website.
A. Data You Provide Voluntarily
When you use the “Contact Me” form on our website, we collect the following personal data:
- Name
- Email Address
- Phone Number
B. Data Collected Automatically
We may automatically collect certain information about your device and usage of our website, which may include:
- IP Address
- Browser Type and Version
- Operating System
- Referring URLs
- Pages Viewed and Time Spent on Pages
- Cookie Data (for website functionality and analytics)
3. Purpose of Processing Personal Data
We process your personal data for the following lawful purposes:
| Category of Data | Purpose of Processing | Lawful Basis (DPDPA) |
| Name, Email, Phone Number | To respond to your inquiries, provide information about our wealth management services, and schedule consultations. | Consent (for direct communication) [2] |
| IP Address, Usage Data, Cookies | To monitor and analyse website usage, improve user experience, and ensure the security of our services. | Legitimate Uses (for reasonable and specified purposes) [2] |
4. Consent and Notice
In accordance with the DPDPA, we will obtain your clear and affirmative consent before processing your personal data.
- Notice: Before you provide your personal data (e.g., by submitting the “Contact Me” form), we will provide you with a clear and comprehensive notice detailing the personal data to be collected and the purpose of processing.
- Consent: By submitting the form, you are giving your consent for us to process your data for the stated purpose.
- Revocation of Consent: You have the right to withdraw your consent at any time. Withdrawal of consent will not affect the lawfulness of processing based on consent before its withdrawal. To withdraw consent, please contact us using the details provided in Section 8.
5. Your Rights as a Data Principal
As a Data Principal under the DPDPA, you have the following rights:
- Right to Access: You have the right to obtain a summary of the personal data we process about you and the processing activities.
- Right to Correction and Erasure: You have the right to request the correction of inaccurate or misleading personal data and the erasure of your personal data when it is no longer necessary for the purpose for which it was collected.
- Right to Grievance Redressal: You have the right to have your grievances addressed by us.
- Right to Nominate: You have the right to nominate any other individual to exercise your rights in the event of your death or incapacity.
6. Obligations of WMU India (Data Fiduciary)
We are committed to fulfilling our obligations under the DPDPA, which include:
- Data Security: Implementing reasonable security safeguards to prevent a personal data breach [2].
- Accuracy: Ensuring the personal data is accurate and complete when used for a decision that affects you.
- Data Retention: Ceasing to retain your personal data as soon as the purpose for which it was collected is no longer being served, and retention is no longer necessary for legal or business purposes.
- Data Breach Notification: Notifying the Data Protection Board of India and affected Data Principals in the event of a personal data breach.
7. Data Security and Retention
We implement appropriate technical and organizational measures to protect your personal data from unauthorized access, disclosure, alteration, or destruction. We retain your personal data only for as long as necessary to fulfill the purposes outlined in this policy, or as required by law.
8. Grievance Redressal and Contact Information
If you have any questions, concerns, or wish to exercise any of your rights under the DPDPA, please write to:
Email: feedback@wmuindia.com
Address: Wealth Managers United (I) Pvt.Ltd.
No.2, 3rd floor, Hayes Road, Richmond Town, Bangalore 560 025, INDIA
We will respond to your request or grievance within the timeframes stipulated by the DPDPA.
9. Changes to this Privacy Policy
We may update this Privacy Policy from time to time to reflect changes in our practices or legal requirements. We will notify you of any material changes by posting the new policy on our website with a new effective date.
Privacy Policy