Terms of Use

Agreement to these terms

These Terms of Use ("Terms") are an agreement between you and Vibhutix ("we", "us"), the developer of the Riqo mobile application ("Riqo", the "App"). By downloading, installing, or using Riqo, you agree to these Terms and to our Privacy Policy, which explains how the App handles data. If you do not agree, please do not use the App.

If you downloaded Riqo from the Apple App Store, Apple's Licensed Application End User License Agreement also applies to your license of the App; where these Terms grant you more rights or protections, these Terms apply in addition to it (see Section 12).

You must be old enough to form a binding agreement in your jurisdiction to accept these Terms. If you are a minor, you may use Riqo only with the consent and supervision of a parent or guardian who agrees to these Terms on your behalf.

What Riqo is — and is not

Riqo is a private, on-device personal-finance tracking and organisation tool. It helps you record expenses, commitments, and shared costs, and shows calculations — such as the Safe-to-Spend number — derived entirely from the information you enter.

Riqo is not:

• Financial, investment, tax, or legal advice. All numbers, scores, insights, and suggestions in the App are informational only. They are calculations based on your own entries, not recommendations. For decisions about your money, consult a qualified professional.
• A bank, wallet, or payment service. Riqo never holds, moves, sends, or receives money, and never connects to your bank or UPI accounts. Any payment you make (for example via a UPI app) happens entirely outside Riqo, under that service's own terms.
• A system of record for legal or tax purposes. The accuracy of everything Riqo shows depends on the accuracy and completeness of what you enter. You are responsible for verifying figures before relying on them.

Your license to use Riqo

We grant you a limited, personal, non-exclusive, non-transferable, revocable license to install and use Riqo on devices you own or control, for your personal use, in accordance with these Terms and the rules of the app store you downloaded it from.

This license does not allow you to:

• Copy, modify, distribute, sell, rent, or sublicense the App or any part of it;
• Reverse engineer, decompile, or attempt to extract the source code of the App, except to the extent such restriction is prohibited by applicable law;
• Remove or alter any proprietary notices in the App;
• Use the App in any way that violates applicable law.

Your own data is not covered by this section — everything you enter into Riqo remains yours (see Sections 05 and 08).

Acceptable use

You agree to use Riqo only for lawful purposes. In particular, you agree not to:

• Use the App to plan, record, or facilitate unlawful activity;
• Attempt to probe, circumvent, or defeat the App's security or encryption other than for your own lawful data recovery;
• Misuse any cloud backup feature to store content unrelated to your Riqo data or in breach of the storage provider's terms;
• Represent Riqo's outputs as professional financial advice to others.

Your data & your responsibilities

Riqo stores your data only on your device, encrypted, as described in the Privacy Policy. Because you hold the data — and the keys — some responsibilities necessarily sit with you:

• Device security. Keep your device, its OS, your app-lock PIN, and biometric settings secure. Anyone who can unlock your device and the App can see your data.
• Recovery key / passphrase. If you use encrypted backups, your recovery key or passphrase is the only way to decrypt them. Store it safely, outside the App.
• Regular export or backup. Devices are lost, broken, and reset. We encourage you to export or back up your data regularly. If your device is lost without a backup, your data cannot be reconstructed by us or anyone else.
• Entered information. You are responsible for the accuracy of the data you enter, including details about other people (names, amounts owed) in shared spaces, and for using such records fairly and lawfully.

Purchases

The current version of Riqo contains no in-app purchases. If paid features are introduced in a future version:

• Purchases will be processed exclusively by Google Play (Android) or the Apple App Store (iOS), under their payment terms;
• Prices, billing, renewals, cancellations, and refunds will be governed by the applicable store's policies and shown to you before purchase;
• Vibhutix will not receive or store your payment credentials;
• Features that protect your data — encryption, app lock, local backup, restore, and export — will remain free.

Third-party services

If you enable cloud backup, you connect your own Google Drive or Apple iCloud account. Your use of those services is governed by Google's or Apple's own terms and privacy policies, and your storage there is subject to your account with them. We are not responsible for the availability, performance, or data handling of third-party services, though the file Riqo stores with them is always encrypted with your key before upload.

Intellectual property

The App — including its software, design, branding, and content we created — is owned by Vibhutix and protected by applicable intellectual-property laws. These Terms do not transfer any ownership of the App to you.

Your data belongs to you. Everything you enter into Riqo, and every export or backup generated from it, is yours. We claim no ownership of, and (as described in the Privacy Policy) have no access to, your data.

Disclaimer of warranties

To the maximum extent permitted by applicable law, Riqo is provided "as is" and "as available", without warranties of any kind, whether express or implied — including implied warranties of merchantability, fitness for a particular purpose, accuracy, and non-infringement.

Without limiting the above, we do not warrant that the App will be uninterrupted or error-free, that calculations will meet your particular requirements, or that any defect will be corrected. As an independently developed application, Riqo is maintained on a reasonable-efforts basis.

Some jurisdictions do not allow the exclusion of certain warranties, so parts of this section may not apply to you — see Section 11.

Limitation of liability

To the maximum extent permitted by applicable law, Vibhutix shall not be liable for any indirect, incidental, special, consequential, or exemplary damages — including loss of profits, loss of data, or loss of opportunity — arising out of or in connection with your use of, or inability to use, the App. This includes, without limitation, losses arising from financial decisions made in reliance on the App's calculations or insights, from lost recovery keys, or from device loss or failure.

To the maximum extent permitted by applicable law, our total aggregate liability for all claims relating to the App shall not exceed the greater of (a) the amount you paid us for the App in the twelve months preceding the claim, or (b) ₹1,000 (Indian Rupees one thousand).

Nothing in these Terms excludes or limits liability that cannot be excluded or limited under applicable law, including liability for fraud, or for death or personal injury caused by negligence where such exclusion is not permitted.

Your statutory rights

If you are a consumer, you may have rights under the mandatory consumer-protection laws of your country of residence — for example, under the Indian Consumer Protection Act, 2019, EU and UK consumer law, or the Australian Consumer Law. Nothing in these Terms limits, excludes, or waives any right or remedy you have under such laws that cannot lawfully be limited, excluded, or waived by agreement. Where any provision of these Terms conflicts with such a non-waivable right, that right prevails to the extent of the conflict.

European Union & United Kingdom

If you are a consumer in the EU or UK, you are entitled to digital content that conforms to applicable statutory conformity requirements, and you retain all remedies provided by law (including under Directive (EU) 2019/770 and the UK Consumer Rights Act 2015) in case of lack of conformity. Any statutory 14-day right of withdrawal for paid digital content obtained through an app store is exercised through that store (Google Play or the Apple App Store) under its refund process, as the store is your seller of record for such purchases.

Germany

If you are a consumer in Germany, the following applies instead of any conflicting limitation in Section 10: we are liable without limitation for intent (Vorsatz) and gross negligence (grobe Fahrlässigkeit), and for injury to life, body, or health. For slight negligence, we are liable only for breach of essential contractual obligations (Kardinalpflichten) — obligations whose fulfilment makes the proper performance of the contract possible at all and on whose fulfilment you may regularly rely — and such liability is limited to the foreseeable damage typical for this type of contract. Liability under the German Product Liability Act remains unaffected.

Consumer dispute resolution (§ 36 VSBG): we are neither obliged nor willing to participate in dispute-resolution proceedings before a consumer arbitration board.

App store & export terms

Google Play

If you obtained Riqo from Google Play, your download and any future purchase are also subject to the Google Play Terms of Service. These Terms are between you and Vibhutix only; Google is not a party to them and is not responsible for the App or its content.

Export compliance

The App may be subject to export-control and sanctions laws, including those of India and the United States. You agree not to use, export, or re-export the App in violation of such laws, and you represent that you are not located in a country or on any list where receipt of the App is prohibited under applicable sanctions.

Apple App Store

The following applies if you obtained Riqo from the Apple App Store:

• These Terms are between you and Vibhutix only — not with Apple. Apple is not responsible for the App or its content.
• Apple has no obligation to provide maintenance or support for the App.
• In the event the App fails to conform to any applicable warranty, you may notify Apple, and Apple may refund the purchase price (if any); to the maximum extent permitted by law, Apple has no other warranty obligation with respect to the App.
• Apple is not responsible for addressing any claim by you or a third party relating to the App, including product-liability claims, claims that the App fails to conform to legal or regulatory requirements, or consumer-protection claims.
• In the event of a third-party claim that the App infringes intellectual-property rights, Vibhutix — not Apple — is responsible for the investigation, defence, settlement, and discharge of such claim.
• You represent that you are not located in a country subject to a U.S. Government embargo or designated a "terrorist supporting" country, and are not on any U.S. Government list of prohibited or restricted parties.
• Apple and its subsidiaries are third-party beneficiaries of these Terms and may enforce them against you as such.

Termination & changes

By you: you may stop using Riqo at any time by deleting the App. Your data remains on your device (or in your own cloud backup) under your control; we recommend exporting it first if you want to keep it.

By us: we may suspend or terminate your license if you materially breach these Terms. We may also modify or discontinue the App or any feature; because the App runs locally, an installed version continues to work on your device even if distribution ends, but we cannot guarantee compatibility with future OS versions after discontinuation.

Changes to these Terms: we may update these Terms from time to time. The current version will always be posted at this URL with its effective date. Material changes will be reflected before they take effect, and your continued use of the App after an update constitutes acceptance. Sections that by their nature should survive termination (including Sections 08–11 and 14) survive.

Governing law & contact

These Terms are governed by the laws of India, and subject to Section 11, the courts of India shall have jurisdiction over disputes arising from them. If you reside outside India, this choice of law does not deprive you of the protection of mandatory provisions of the law of your country of residence.

If any provision of these Terms is found unenforceable, the remaining provisions remain in full effect. Our failure to enforce any provision is not a waiver of it.

These Terms, together with the Privacy Policy and any applicable app-store terms, constitute the entire agreement between you and Vibhutix regarding the App. You may not assign these Terms; we may assign them to a successor of the Riqo product, provided your rights are not reduced. If these Terms are translated into other languages, the English version prevails to the extent permitted by applicable law.