Privacy policy - Asian Novelty

Effective Date: 07.11.2024

Asian Novelty values your privacy and is dedicated to protecting your personal information. This Privacy Policy explains how we collect, use, and share information when you use our website and services. By accessing or using Asian Novelty, you agree to the terms outlined in this Privacy Policy. Please review it carefully.

1. Scope of Privacy Policy

This Privacy Policy applies to all personal information collected by Asian Novelty. It governs the collection, storage, and use of data on this website. It does not cover any third-party sites that may be linked to or from Asian Novelty.

2. Information We Collect

a. Information You Provide Directly:

Account Registration Data: When registering, we collect your name, email address, phone number, company information, country, address, social media links, and role (e.g., technology holder, investor, service provider).
Verification Information: To ensure authenticity, we may request additional information, such as identification and business credentials, during the verification process.
Payment Data: When paying for our services, you may be asked for billing information, including your billing address and payment details, which are securely processed via third-party providers.
Technology-related data: we collect essential technology data that includes information about your patent or technology’s scope, a copy of the patent, unique features, potential applications, and relevant industry insights. We may also collect supplementary details, such as technology specifications and commercialization plans, to showcase your innovation more effectively. This information is securely stored and shared only with your consent, ensuring a confidential, targeted approach to connect your technology with the right opportunities on our platform.

b. Automatically Collected Data:

Cookies and Tracking Technologies: We use cookies, server logs, pixel tags, and other technologies to track user interactions, which helps us enhance functionality, improve user experience, and analyze traffic patterns.
Device and Connection Information: We collect information such as IP address, device type, browser type, and access times to better understand how users interact with our platform.
Third-Party Sources: We may receive additional data from third-party services, including Google Analytics, to gain insights into site performance and improve our services.

3. How We Use Your Information

We use the information collected for various purposes, including:

Displaying Your Profile: To showcase your profile and relevant information on our platform, enhancing visibility and connections.
Facilitating Communication: To enable contact with investors, collaborators, and other users after your approval, ensuring you connect with relevant parties.
Personalized Services: To tailor our offerings based on your interests, including potential opportunities, content recommendations, and promotional materials.
Improving Our Platform: We use data analytics to refine our website features, functionality, and user experience.
Legal Compliance and Security: To comply with legal requirements, respond to court orders, protect rights, and prevent fraudulent activities.
Feedback and Testimonials: We may publish testimonials with your consent, which may include your name, company, and general location to highlight user experiences.

4. Sharing and Disclosure of Information

We may use your confidential information for the following purposes:

To display your profile or advertisement on the Asian Novelty platform, enhancing visibility and facilitating connections.
To share your contact information with relevant partners, investors, or collaborators, only with your explicit approval.
To generate and share industry insights, including trends, valuation benchmarks, profit margins, transaction structures, and key industry challenges.
To send you updates about Asian Novelty’s services, platform developments, and promotional opportunities.
To improve our services, process payments, enforce our policies, and uphold our Terms and Conditions.
To address and resolve disputes, comply with legal obligations, prevent any prohibited or unlawful activities, and protect the rights, property, and safety of all users.

5. Cookies and Tracking Technologies

We use various cookies and tracking mechanisms to improve user experience. These may include:

Strictly Necessary Cookies: Essential for website function, including user logins and privacy preferences.
Performance Cookies: These help us understand how visitors interact with the site by tracking page views and user behavior.
Functional Cookies: These cookies enable advanced website features and personalization.
Targeting and Social Media Cookies: Used for targeted advertising and social media sharing.

You can manage or disable cookies through your browser settings.

6. Data Security and Retention

We take your privacy seriously and use technical, administrative, and physical safeguards to protect your data. However, we cannot guarantee absolute security against all potential threats due to the nature of online data transmission. Asian Novelty will not be liable for unauthorized access or data breaches beyond our control.

Data Retention: We retain your information as long as necessary to provide services or as required by law. If you wish to close your account or delete your information, contact us at info@asian-novelty.com.

7. Data Sharing with Third Parties

Account Access and Permissions: We do not sell or share your data with third parties without consent. We may, however, share information for the purposes of verification and providing personalized services.

8. Access, Correction, and Deletion

You have the right to:

View Your Information: View details of the data we hold about you.
Correct Inaccuracies: Update or correct any incorrect data.
Delete Your Account: Request account closure and data deletion, subject to legal and contractual obligations.

To exercise these rights, please email us at info@asian-novelty.com.

9. Children’s Privacy

Our services are intended for individuals aged 18 and older. We do not knowingly collect information from children under 18. If you believe a child has provided us with personal data, be sure to get in touch with us immediately.

10. Personal Data Sales/Sharing Opt-Out and Opt-In

At Asian Novelty, we respect your privacy rights and provide you with the option to opt out of the sharing of your data. To exercise this right, please email info@asian-novelty.com.

Once you submit an opt-out request, we will honor your choice and will not request you to reauthorize the sale of your personal data for at least 12 months. If you decide to opt back into personal data shares, you may do so at any time by creating a new public profile on our platform.

11. Changes to This Privacy Policy

Asian Novelty may update this Privacy Policy to reflect changes in legal, regulatory, or operational requirements. We will post the updated policy on this page and notify users of significant changes by email or website announcement.

Contact Information:
For questions or concerns about this Privacy Policy, please contact us at:

Email: info@asian-novelty.com
Phone: +94772377172

Thank you for choosing Asian Novelty. We are committed to protecting your privacy and ensuring your experience with us is safe and secure.