Effective Date : 1st November 2024
Welcome to Sourcik. These Terms & Conditions ("Terms") govern your access to and use of the Sourcik website, applications, and related services (collectively, the "Platform"). By creating an account, accessing, or using the Platform, you agree to be bound by these Terms. If you do not agree with these Terms, please do not use Sourcik.
1. About Sourcik
Sourcik is an AI-powered B2B sourcing platform that helps buyers discover suppliers, request quotations, compare vendors, and manage sourcing activities. Suppliers can create or claim their company profiles, showcase their capabilities, and connect with potential buyers.
Sourcik provides technology to facilitate these interactions but is not a buyer, supplier, manufacturer, distributor, importer, exporter, or agent in any transaction.
2. ServicesThe Platform may include, but is not limited to :
- AI-powered supplier discovery
- Supplier directory and company profiles
- Product and service search
- RFQ (Request for Quotation) management
- Supplier inquiries and messaging
- AI-generated sourcing insights
- Company profile verification
- Procurement workflow tools
- Analytics and reporting
- Premium supplier services
We may introduce, modify, or discontinue features at any time.
3. User EligibilityYou must :
- Be at least 18 years old.
- Have legal authority to represent yourself or your organization.
- Provide accurate and current information.
- Keep your account credentials secure.
You are responsible for all activities performed using your account.
4. User ResponsibilitiesYou agree to :
- Provide truthful business information.
- Keep your profile updated.
- Use the Platform only for lawful business purposes.
- Respect other users.
- Maintain confidentiality of your account credentials.
You must not :
- Create fake accounts.
- Submit misleading company information.
- Send spam or unsolicited communications.
- Attempt to scrape or copy Sourcik's database.
- Reverse engineer the Platform.
- Upload malicious software.
- Interfere with Platform security.
- Use bots or automated tools without written permission.
- Impersonate another company or individual.
5. AI Services
Sourcik uses artificial intelligence to help users discover suppliers, summarize company information, recommend suppliers, generate procurement insights, and improve search results.
AI-generated content is provided for informational purposes only and may contain inaccuracies or incomplete information.
Users are responsible for independently verifying supplier information before making purchasing or business decisions.
6. Supplier InformationSupplier profiles may contain :
- Information submitted by suppliers.
- Publicly available business information collected from company websites and other lawful sources.
- AI-generated summaries and classifications.
Although we make reasonable efforts to improve data quality, Sourcik does not guarantee that supplier information is complete, accurate, current, or error-free.
Suppliers may request corrections or claim ownership of their company profile.
7. Verified SuppliersCertain suppliers may receive a "Verified" badge after completing Sourcik's verification process.
Verification confirms only that specified business information has been reviewed according to Sourcik's internal verification process.
Verification does not guarantee :
- Product quality
- Business performance
- Financial stability
- Delivery capability
- Legal compliance
- Future conduct
Users should perform their own due diligence before entering into any business relationship.
8. User Content
Users retain ownership of content they upload, including company information, catalogs, images, quotations, messages, and documents.
By submitting content, you grant Sourcik a worldwide, non-exclusive, royalty-free license to host, display, reproduce, and process such content for operating and improving the Platform.
9. Communications
The Platform may store inquiries, quotation requests, messages, attachments, and other communications exchanged through Sourcik for operational, security, support, quality improvement, and legal compliance purposes.
10. Payments
Some Platform features may require payment.
Applicable pricing will be displayed before purchase.
Unless otherwise stated, payments are non-refundable except where required by law.
11. Intellectual Property
All Platform software, branding, logos, designs, AI models, text, graphics, and other intellectual property belong to Sourcik or its licensors.
You may not copy, reproduce, modify, distribute, or commercially exploit any part of the Platform without written permission.
12. DisclaimerSourcik acts solely as a technology platform.
We do not guarantee :
- supplier quality
- availability
- quotations
- pricing
- transaction completion
- business outcomes
Users are solely responsible for evaluating suppliers and making purchasing decisions.
13. Limitation of Liability
To the maximum extent permitted by law, Sourcik shall not be liable for indirect, incidental, consequential, special, punitive, or business losses arising from use of the Platform.
14. Account SuspensionWe may suspend or terminate accounts that :
- violate these Terms,
- engage in fraud,
- submit false information,
- spam other users,
- misuse Platform features,
- attempt unauthorized access,
- negatively affect the Platform or its users.
15. Privacy
Your use of Sourcik is also governed by our Privacy Policy.
16. Changes
We may update these Terms from time to time.
Continued use of the Platform after updates constitutes acceptance of the revised Terms.
17. Governing Law
These Terms shall be governed by the laws of India.
Any disputes shall be subject to the exclusive jurisdiction of the courts located in Pune, Maharashtra, India.