Please read this carefully. It explains exactly what BIC is, what it is not, and the risks involved in any business partnership.
Last updated: reviewed periodically. This page forms part of the BIC Ventures / BIC Group terms of use.
BIC Ventures is operated under BIC Group (BIC Consultancy), Bengaluru, as a business growth, technology, consultancy and partnership-facilitation platform. BIC is not a bank, non-banking financial company (NBFC), mutual fund, portfolio manager, alternative investment fund, collective investment scheme, deposit-taking entity, crowdfunding platform, or a SEBI-registered investment adviser or research analyst. BIC does not sell financial or investment products.
Nothing on this website, the BIC app, or in any BIC material is investment, financial, legal, accounting or tax advice, nor an offer, recommendation or solicitation to invest in any security or scheme. Information is provided for general business-facilitation purposes only.
BIC does not promise, guarantee or assure any return, profit, income, ROI or capital protection. Any profit share in a business partnership is performance-linked, variable, and entirely dependent on the actual results of the underlying business. Business performance can go down as well as up, and you may receive less than expected, or lose part or all of your capital.
BIC does not receive, hold, control, manage or pool any partner’s money at any stage. Any capital, payment or settlement moves directly between the business owner and the business partner under their own independent, legally documented agreement. BIC is not a party to that money movement and is not a payment intermediary for it.
BIC’s role is limited to business services — verification, documentation, technology, transparency tooling, consultancy and introductions. The decision to enter into any partnership, and all commercial terms, rest solely with the business owner and the partner. BIC does not act as an agent, trustee, fiduciary or guarantor for either party.
BIC Verify performs checks (such as KYC, documentation and site review) on a reasonable-effort basis using information available at the time. Verification improves transparency but is not a guarantee of a business’s future performance, honesty, solvency or success. Independent due diligence remains essential.
All business and commercial partnerships carry risk, including market, operational, execution, liquidity, regulatory and counterparty risk. Outcomes depend on many factors outside BIC’s control. Only commit capital you can afford to put at risk, and treat any illustrative figures on this site as indicative, not promised.
BIC is not an insurance company or a licensed insurer. Where a business needs cover, BIC only refers it to licensed insurance companies or intermediaries and may receive a referral commission where permitted. The insurance contract is strictly between the business and the licensed insurer.
BIC never lends money and is not an NBFC. BIC Finance Desk only connects businesses with RBI-regulated banks and NBFCs and provides documentation support. All lending terms are decided by, and the loan agreement is strictly with, the regulated lender.
ZEN Z pods and other BIC Group brands are real businesses you set up and operate, not financial products. Any income depends entirely on actual sales at your location and your own operations. Setup costs shown are indicative and exclude taxes, rent, licensing and location-specific expenses.
The BIC app is provided to businesses and their partners to monitor a real business (for example live CCTV, billing and documents) and to connect. It is not a platform to deposit, invest or transfer money to BIC, and it does not generate returns by itself. Availability of features may vary and data is provided on an as-is basis.
Before entering any partnership, obtain independent legal, financial and tax advice from qualified professionals, review all documents yourself, and make your own assessment. You are solely responsible for your decisions.
BIC does not claim any special licence, registration or exemption from any regulator. If any activity is found to fall within a regulated scope, it will be operated in accordance with applicable law. Descriptions on this site aim to reflect BIC’s actual business model truthfully.
These terms are governed by the laws of India, with jurisdiction in Bengaluru, Karnataka. Questions? Email info@bicventures.in or WhatsApp +91 89045 92399.
BIC helps real businesses grow and introduces them to business partners. It does not take your money, does not guarantee returns, and is not a financial company. Partnerships carry risk — decide carefully and take professional advice.
