Vendor Onboarding Policy

Welcome to Gigico Innovations Private Limited, operated by Gigico Innovations Private Limited

 

This Vendor Onboarding Policy governs the registration, listing, and sale of products and services by vendors on the GIGICO INNOVATIONS PRIVATE LIMITED platform.

By registering as a Vendor and using the Platform, you confirm that you have read, understood, and agreed to this Policy and all applicable laws.

 

1. About the Platform
 

GIGICO INNOVATIONS PRIVATE LIMITED is an online marketplace that enables vendors to list, market, and sell products and services to customers. The Platform also provides technology-enabled fintech solutions such as digital payments and settlement facilitation.

 

GIGICO INNOVATIONS PRIVATE LIMITED acts only as a technology and facilitation platform and is not a buyer or seller of goods listed by Vendors.

 

2. Vendor Eligibility
 

To register as a Vendor:

 

You must be 18 years or older

You must be legally capable of entering into contracts under the Indian Contract Act, 1872

If registering as a business entity, you must be:

 

Legally registered under applicable laws

Authorized to conduct business in India

The person completing registration must have authority to bind the business entity

 

GIGICO INNOVATIONS PRIVATE LIMITED reserves the right to reject or terminate vendor accounts that do not meet eligibility criteria.
 

3. Vendor Registration & Account Information

 

Vendors must provide accurate and complete information, including:

 

Legal name and business details

Registered and pickup address

PAN, GSTIN (if applicable)

Bank account details for settlements

Product and pricing information

Manufacturer / importer / packer details (where required)

 

You are responsible for keeping your information updated.

Incorrect or misleading information may result in account suspension or termination.
 

4. Products & Services Listing
 

Allowed Listings
 

Vendors may list only products and services that:
 

Are legal to sell in India

Comply with all regulatory requirements

Match the categories approved by GIGICO INNOVATIONS PRIVATE LIMITED  
 

Prohibited Listings
 

Vendors must not list:
 

Illegal, counterfeit, or restricted goods

Obscene, offensive, or defamatory material

Products violating intellectual property rights

Any items prohibited by law or Platform policy

 

GIGICO INNOVATIONS PRIVATE LIMITED reserves the right to remove listings without notice.
 

5. Vendor Responsibilities
 

Vendors are solely responsible for:

 

Product quality, authenticity, and legality

Pricing, taxes, and invoicing

Inventory management

Order fulfillment, shipping, and delivery

Returns, refunds, and after-sales support

Compliance with GST, HSN, FSSAI, and other applicable laws

 

Any mismatch between product description and actual product must be refunded to the customer.

 

6. Pricing & Inventory

 

Vendors control pricing of their products and services

Prices must include all applicable taxes

Artificial price inflation or misleading discounts are prohibited

Inventory must be accurately maintained

 

Repeated order cancellations due to stock issues may lead to penalties or suspension.
 

7. Shipping, Returns & Refunds

 

Vendors must ship orders within committed timelines

Products must be securely packaged

Vendors must honor the Platform’s return and refund policies

Return shipping costs shall be borne by the Vendor unless stated otherwise

 

Refunds must be processed using the original payment method.
 

8. Payments & Settlements

 

Payments are facilitated through GIGICO INNOVATIONS PRIVATE LIMITED digital payment system

GIGICO INNOVATIONS PRIVATE LIMITED is not a bank or financial institution

Platform fees, taxes, and deductions will be applied before settlement

Settlements will be made as per the agreed payment cycle

Chargebacks, refunds, or disputes may result in deductions or holds

 

GIGICO INNOVATIONS PRIVATE LIMITED may withhold payments in cases of fraud, disputes, or policy violations.
 

9. Acceptable Use Policy

 

Vendors must not:

 

Engage in fraudulent or illegal activities

Upload harmful, abusive, or misleading content

Infringe intellectual property rights

Attempt to disrupt Platform operations

Scrape, misuse, or reverse-engineer the Platform

Manipulate ratings or reviews

 

Violation may lead to immediate termination.
 

10. Reviews & Ratings

 

Customers may leave public reviews and ratings

Vendors may not manipulate or interfere with reviews

Fake or misleading reviews may result in account termination

 

11. Data Protection & Privacy

 

Vendors must comply with applicable data protection laws

Personal data must be collected and used lawfully

Sensitive personal data must not be stored on the Platform

 

12. Suspension & Termination

 

GIGICO INNOVATIONS PRIVATE LIMITED may suspend or terminate vendor accounts for:

 

Policy violations

Legal non-compliance

Fraud or suspicious activity

Non-payment of dues


Upon termination, certain data may be retained for legal and audit purposes.
 

13. Intellectual Property

 

Platform content and technology belong to GIGICO INNOVATIONS PRIVATE LIMITED

Vendors retain ownership of their content

Vendors grant GIGICO INNOVATIONS PRIVATE LIMITED a license to use listing content for promotional purposes

 

14. Limitation of Liability
 

GIGICO INNOVATIONS PRIVATE LIMITED is not liable for:

 

Vendor–customer disputes

Product defects or delivery failures

Losses arising from use of the Platform

 

Maximum liability, if any, is limited to fees paid by the Vendor in the preceding three months.
 

15. Governing Law & Dispute Resolution

 

This Policy is governed by the laws of India

Disputes shall be resolved through arbitration in Kolkata, under the Arbitration and Conciliation Act, 1996

 

16. Acceptance
 

By clicking “I Agree” during registration, you confirm that:

 

You have read and understood this Vendor Onboarding Policy

You agree to comply with all Platform policies and applicable laws