Terms of Service & User Agreement
These Terms & Conditions constitute a legally binding electronic contract between you and CASHRISE under Section 10 & 10A of the Information Technology Act, 2000, read with the Indian Contract Act, 1872.
By purchasing any course package on CashRise, you explicitly acknowledge and contractually agree that you are purchasing self-paced educational video lectures and digital instructional curriculum materials only. CashRise is strictly NOT an employer, placement agency, recruitment consultancy, or investment fund. There is ABSOLUTELY ZERO GUARANTEE OF INCOME, FIXED STIPENDS, SALARY, EMPLOYEE BENEFITS, DAILY CASH FLOW, OR JOB PLACEMENT. Any optional affiliate marketing engagement is strictly voluntary, independent, performance-only, and governed by Section 182 of the Indian Contract Act, 1872.
CashRise is an online education platform that sells self-paced digital skill courses directly to learners. In line with applicable Indian laws and regulations, we expressly declare that:
CashRise has no upline, downline, team, binary, matrix or level-based structure. Nobody earns anything from purchases made by people further down a referral chain.
CashRise does not appoint distributors, direct sellers or agents under the Consumer Protection (Direct Selling) Rules, 2021. Courses are sold by CashRise directly to the learner online, with no inventory, stock purchase, starter kit or sales target.
CashRise does not run, promote or permit any pyramid scheme or money circulation scheme prohibited by the Consumer Protection (Direct Selling) Rules, 2021 and the Prize Chits and Money Circulation Schemes (Banning) Act, 1978.
CashRise does not accept deposits, pool funds or promise returns, and is not a scheme under the Banning of Unregulated Deposit Schemes Act, 2019 or the Chit Funds Act, 1982.
- Referral participation is optional. Buying a course never requires you to refer anyone.
- Every registered user gets a referral link free of charge. There is no joining, registration or activation fee.
- A single-level commission is paid only when a person who used your own link buys a course directly from CashRise.
- No commission, bonus or reward is paid for recruiting or enrolling people, or on purchases made by people they refer.
- Commissions come only from genuine course sales. Earnings are not guaranteed and depend entirely on your own effort.
Anyone who describes CashRise as an MLM, network marketing plan, direct selling chain, investment or “earning scheme”, or who charges anyone a fee to join under them, is misrepresenting CashRise. Their account may be terminated and pending commissions forfeited. Please report such conduct to our grievance officer.
Statutory Legal Framework: Indian Government Acts & Regulations
This Platform operates in strict compliance with the following statutory enactments, codes, and rules promulgated by the Government of India and the Parliament of India:
Governs competency to contract (Section 11: 18+ years requirement), free mutual consent (Sections 13-19), independent contractor principal-to-principal relation (Section 182), and limitation of liquidated damages (Sections 73-74).
Sections 10A (Electronic contract validity), 43A (Reasonable security practices), 66C & 66D (Punishment for identity theft and cheating by personation), and IT Intermediary Rules, 2021 Rule 3(2) Grievance Redressal.
Prescribes mandatory seller disclosures, prohibition of unfair trade practices (Section 2(47)), misleading advertisements (Section 2(28)), and consumer grievance resolution mechanisms.
CashRise is NOT a direct selling entity and appoints no direct sellers or distributors. Pyramid schemes and money circulation schemes prohibited under these Rules are never permitted. Referral commissions are single-level and paid only on direct retail course sales.
Sections 14, 51, and 63: Course video recordings, curriculum, code repositories, and LMS assets are proprietary IP. Criminal infringement carries up to 3 years imprisonment and statutory fines.
CashRise operates exclusively as an EdTech product publisher. It strictly prohibits and disclaims any money circulation, prize chit, or recruitment-based Ponzi networks (Sections 3 & 4).
Section 194H: Mandatory 5% TDS deduction on affiliate commissions (or 20% under Section 206AA without PAN); Section 44AA: 7-year statutory retention of books of account and audit trails.
Digital online educational services are classified as OIDAR services subject to 18% GST. The statutory tax portion is remitted to the Government of India upon invoice issuance.
1Definitions & Interpretation
For the purposes of this Agreement, the following terms shall have the specified meanings:
- “Company”, “We”, “Us”, or “CashRise”: Refers to CASHRISE, an enterprise with Udyam registration number UDYAM-RJ-17-0311249 and official address at D-10, Block D, Main Road, Near by Karni Place, Jaipur, Rajasthan 302022, India.
- “Platform”: The CashRise web portal (cashrise.app), mobile applications, learning management systems (LMS), and associated digital infrastructure.
- “Course Package”: Pre-recorded digital skill courses, including Silver Starter, Gold Growth, Platinum Pro, and Diamond Ultimate bundles.
- “Learner / User / You”: Any individual who accesses the website, downloads the mobile app, creates an account, or purchases educational content.
- “Referral Commission”: A single-level commission paid only on a course purchased directly from CashRise by a person using the affiliate's own referral link. No commission is paid on purchases by persons referred by others, and nothing is paid for recruitment alone.
- “Independent Affiliate”: An enrolled student who voluntarily registers to promote course packages to third parties on a freelance commission basis governed by Section 182 of the Indian Contract Act, 1872.
2Account Creation, KYC & Verification under Indian Law
When establishing an account on CashRise, you warrant and represent under oath that:
- You are at least 18 years of age and legally competent to enter into enforceable contracts pursuant to Section 11 of the Indian Contract Act, 1872.
- All information submitted during registration and KYC verification (including legal name, permanent email, phone number, and PAN) is genuine, verifiable, and belongs exclusively to you. Submission of fraudulent identity constitutes a criminal offense under Sections 66C and 66D of the Information Technology Act, 2000.
- You will not transfer, lend, share, or sell your LMS login credentials. Multi-device simultaneous streaming or credential sharing triggers automated account suspension.
- CashRise reserves the unreserved right to request updated identity proofs or reject registrations that fail identity verification under the Prevention of Money Laundering Act (PMLA), 2002.
3Educational Nature of Platform & Absolute Non-Employment
CashRise is strictly an educational publishing and e-learning portal. All course materials are instructional resources intended to enhance digital competencies.
Nothing in this Agreement or on the Platform creates an employment, agency, franchise, joint venture, or partnership relationship. You cannot claim provident fund, gratuity, statutory minimum wages under the Code on Wages, 2019, workers compensation, or employee status. You are an independent customer purchasing self-paced digital educational content.
4Affiliate Rules, Anti-Fraud & Mandatory Code of Conduct
Enrolled students participating in the voluntary affiliate marketing program act as independent referrers, not as direct sellers, distributors or MLM members, and must strictly comply with the following non-negotiable guidelines:
- Prohibition of False Income Claims: You shall NOT advertise, state, or imply guaranteed daily income, fixed returns, or instant wealth. Displaying fabricated bank SMS screenshots or forged earnings cards is grounds for immediate criminal reporting under Section 66D of the IT Act, 2000.
- No Get-Rich-Quick or MLM Terminology: You shall NOT describe CashRise as an investment scheme, cryptocurrency fund, deposit multiplier, or multi-level pyramid network under the Prize Chits and Money Circulation Schemes (Banning) Act, 1978. Commissions are earned strictly on direct third-party retail course purchases.
- Mandatory Disclosure under ASCI Guidelines: Whenever promoting CashRise on YouTube, Instagram, WhatsApp, or blogs, affiliates MUST visibly include promotional tags such as #Ad, #Sponsored, or #AffiliateLink as mandated by the Advertising Standards Council of India.
- Anti-Spam & Brand Protection: Sending unsolicited mass WhatsApp broadcasts, bulk email spam, or running search engine ads bidding on the registered trademark “CashRise” is strictly forbidden.
- Immediate Penalty: Violation of these provisions results in immediate permanent account termination, forfeiture of pending commissions, and potential civil recovery damages under Section 73 of the Indian Contract Act, 1872.
5Intellectual Property Rights & Criminal Piracy Warning under Copyright Act, 1957
All video recordings, syllabi, coding repositories, graphic assets, animations, and LMS software are the exclusive intellectual property of CASHRISE and protected under Section 14 and Section 51 of the Indian Copyright Act, 1957.
Screen recording, ripping, mirroring, sharing, or reselling CashRise course content on Telegram channels, Google Drive links, YouTube, or torrent platforms is a non-bailable criminal offense punishable with imprisonment for up to 3 years and fines up to ₹2,00,000. CashRise aggressively pursues copyright infringement through police FIRs, asset attachment, and civil injunctions under the Commercial Courts Act, 2015.
6Affiliate Commissions, Payout Rules & Statutory TDS under Income Tax Act, 1961
Commissions are discretionary performance rewards earned on verified third-party customer transactions:
- All commission disbursements are subject to mandatory 5% Tax Deducted at Source (TDS) under Section 194H of the Indian Income Tax Act, 1961 (or 20% under Section 206AA in the absence of a valid PAN).
- Section 206AB Compliance: Where applicable, higher TDS rates will be deducted if the recipient has not filed their income tax returns for the relevant assessment year.
- Payouts require a 100% verified KYC profile with matched bank account details and PAN card validation.
- Self-referrals, circular purchases, or credit card fraud to manufacture commissions will result in total account forfeiture under Section 66D of the IT Act.
7Limitation of Liability & Absolute Damage Cap
IN NO EVENT SHALL CASHRISE, ITS DIRECTORS, SHAREHOLDERS, OR FACULTY BE LIABLE FOR ANY CONSEQUENTIAL, INCIDENTAL, SPECIAL, OR PUNITIVE DAMAGES, INCLUDING LOSS OF PROFITS, DATA LOSS, OR BUSINESS INTERRUPTION.
PURSUANT TO SECTIONS 73 AND 74 OF THE INDIAN CONTRACT ACT, 1872, THE MAXIMUM AGGREGATE LIABILITY OF CASHRISE UNDER ANY CIRCUMSTANCE OR LEGAL THEORY SHALL NEVER EXCEED THE EXACT NET AMOUNT PAID BY YOU FOR THE ENROLLED PACKAGE IN THE PRECEDING 30 DAYS.
8Dispute Resolution, Arbitration & Governing Jurisdiction
Arbitration under the Arbitration and Conciliation Act, 1996: Any controversy, dispute, or claim arising out of or relating to this Agreement shall be referred to and finally resolved by a sole arbitrator appointed mutually by the parties. The seat and place of arbitration shall be New Delhi, India, and proceedings shall be conducted in the English language.
Force Majeure: CashRise shall not be liable for failure to perform its obligations if prevented or delayed by events beyond reasonable control, including natural disasters, internet infrastructure failures, banking system downtimes, cyber warfare, or government regulatory orders.
If any provision of these Terms is deemed invalid or unenforceable under Indian Law, the remaining provisions shall continue in full force and effect.
This Agreement is governed exclusively by the laws of the Republic of India. Subject to the arbitration clause, the competent civil courts situated exclusively in New Delhi, India shall have sole and exclusive jurisdiction.