Terms & Conditions
Last Updated: 24 January 2026
Welcome to Velorb (a brand of Venura Innovations Pvt Ltd). These Terms and Conditions govern your use of our website and services. By accessing or using our services, you agree to be bound by these terms.
1. Definitions
- "Company" refers to Venura Innovations Pvt Ltd, trading as Velorb
- "Services" refers to all IT services, consulting, and solutions provided by Velorb
- "Client" refers to any individual or organization using our services
- "Website" refers to www.velorb.com and all associated pages
2. Services
Velorb provides IT services including but not limited to cloud infrastructure, enterprise solutions, industry-specific software, BPO services, and IT consulting.
All services are provided subject to:
- • Execution of a formal service agreement or statement of work
- • Payment of agreed fees and charges
- • Compliance with technical requirements and dependencies
- • Availability of resources and third-party services
3. Payment Terms
- • All fees are quoted in Indian Rupees (INR) or US Dollars (USD) as agreed
- • Payment terms are Net 30 days unless otherwise specified
- • Advance payment may be required for certain services
- • GST and other applicable taxes will be charged as per Indian tax laws
- • Late payments may incur interest charges at 1.5% per month
- • Accepted payment methods: Bank transfer (NEFT/RTGS), International wire transfer, UPI (for Indian clients)
4. Intellectual Property
Unless otherwise agreed in writing:
- • Custom developed software and deliverables become the property of the Client upon full payment
- • Velorb retains ownership of pre-existing intellectual property and frameworks
- • Velorb may use project experience as case studies (with client approval)
- • Third-party licenses and software are subject to their respective terms
5. Confidentiality
Both parties agree to maintain confidentiality of proprietary information shared during the engagement. This includes:
- • Business strategies and plans
- • Technical specifications and source code
- • Customer data and business information
- • Pricing and commercial terms
Confidentiality obligations survive termination of services.
6. Limitation of Liability
To the maximum extent permitted by law, Velorb's liability is limited to the fees paid for the specific service giving rise to the liability.
Velorb shall not be liable for:
- • Indirect, incidental, or consequential damages
- • Loss of profits, revenue, or business opportunities
- • Data loss resulting from client's failure to maintain backups
- • Issues arising from third-party services or software
- • Delays caused by circumstances beyond our reasonable control
7. Termination
- • Either party may terminate with 30 days written notice
- • Immediate termination is allowed for material breach
- • Client remains liable for fees incurred up to termination date
- • Velorb will provide reasonable assistance with transition
- • Data and deliverables will be provided upon settlement of all dues
8. Warranty and Support
Velorb warrants that services will be performed in a professional manner.
- • Software defects will be corrected within the warranty period (typically 90 days)
- • Support terms are defined in the service agreement
- • Extended support and maintenance available under separate agreements
- • No warranty is provided for third-party components
9. Governing Law
These terms are governed by the laws of India. Any disputes shall be subject to the exclusive jurisdiction of courts in Ahmedabad, Gujarat, India.
For international clients, arbitration under Indian Arbitration and Conciliation Act may be considered.
10. Changes to Terms
Velorb reserves the right to modify these terms at any time. Changes will be effective upon posting to our website. Continued use of services constitutes acceptance of modified terms.
Contact Information
Company: Venura Innovations Pvt Ltd
Brand: Velorb
Email: legal@velorb.com
Phone: +91-9873625566
Address: 2/12, Gandhi Park, Nehru Nagar Cross Road, Ambawadi, Ahmedabad, GJ - 380015, India