3F VC : Terms & Conditions
Effective Date: 15/03/2025
Welcome to 3F VC (Frugal Founder’s Fund). By accessing and using our website, funding
programs, and related services, you agree to abide by these Terms & Conditions. If you do
not agree, you should not use our services.
- Eligibility
● Applicants must be students, dropouts, or recent graduates based in India.
● Founders must demonstrate past experience in building projects (successful or
failed).
● Startups must operate in AI, healthcare, education, deep tech, or other
problem-solving sectors.
- Funding & Investment Terms
● 3F VC provides pre-seed funding in tranches, subject to milestones and progress
evaluations.
● Funding is provided as convertible notes, SAFE agreements, or equity-based
investments as decided by 3F VC.
● Startups must maintain transparent financial records and provide regular updates.
- Obligations of Funded Startups
● Use funds strictly for business development and milestone achievement.
● Participate in mentorship programs, investor meetings, and public progress tracking.
● Maintain compliance with applicable laws, including tax and corporate regulations.
- Intellectual Property Rights
● Startups retain ownership of their intellectual property (IP).
● 3F VC may require limited rights for promotional and investment purposes.
- Confidentiality
● All startup and investor communications are confidential unless agreed otherwise.
● 3F VC may use anonymized data for research and marketing.
- Termination & Withdrawal
● 3F VC reserves the right to terminate funding due to non-compliance, fraudulent
activity, or failure to achieve agreed milestones.
● Startups may withdraw from the program by returning unutilized funds and fulfilling
reporting obligations.
- Limitation of Liability
● 3F VC is not liable for business losses, founder disputes, or third-party claims.
● Funding does not guarantee business success, future investments, or market
adoption.
8. Amendments
● These terms may be updated periodically. Continued use of our services constitutes
acceptance of any modifications.
For queries, contact us at [email protected].