Clear terms for a safer learning space.

nilo is an educational money-confidence platform designed to help students, families, teachers, and schools learn practical financial-literacy concepts through age-appropriate lessons, stories, comics, videos, quizzes, activities, missions, dashboards, and certificates.

nilo may offer learning experiences on topics such as:

• Needs versus wants
• Saving and spending habits
• Value of money
• Budgeting basics
• Banking awareness
• Digital-payment safety
• Consumer awareness
• Financial planning concepts
• Responsible decision-making
• Financial confidence and life skills

nilo is an education platform. It is not a bank, non-banking financial company, broker, investment adviser, portfolio manager, insurance provider, payment service, trading platform, or financial-product marketplace.

All content available through nilo is for general educational and informational purposes only.

nilo does not provide:

• Investment advice
• Trading advice
• Stock recommendations
• Mutual-fund recommendations
• Insurance recommendations
• Tax advice
• Legal advice
• Banking advice
• Credit or loan recommendations
• Personal financial planning advice

Students, parents, teachers, and users should not make financial, investment, banking, borrowing, insurance, tax, or trading decisions solely based on content available on nilo.

For personal financial matters, users should consult a qualified and appropriately regulated professional where necessary.

3.1 General Eligibility

You may use nilo only if you are legally allowed to enter into these Terms.

If you are using nilo for a school, you confirm that you have authority to act on behalf of that school or organisation.

3.2 Student Users

nilo may be used by students, including users under 18 years of age.

Where required by applicable law, student access must be authorised by:

• A parent or legal guardian; or
• A school, teacher, or school administrator acting with appropriate authority and permissions.

Students may only use nilo under the supervision, account structure, permissions, and access rules provided by their school, parent, guardian, or nilo.

3.3 Parent and Guardian Responsibility

Parents and legal guardians are responsible for:

• Reviewing student access where applicable
• Providing accurate consent information
• Helping students use nilo safely
• Ensuring students do not share passwords, OTPs, financial details, or sensitive personal information
• Contacting nilo or the school if they believe a student account has been accessed improperly

3.4 School Responsibility

Schools using nilo confirm that they have obtained all permissions, notices, consents, and approvals necessary to provide student, teacher, parent, and school information to nilo.

Schools must ensure that only authorised staff members access school dashboards and student records.

Some Services require users to create an account or receive access through a school code, school email address, mobile number, username, password, PIN, OTP, or other login method.

You agree to:

• Provide accurate information
• Keep login details confidential
• Not share passwords, PINs, or OTPs
• Notify nilo or your school immediately if you suspect unauthorised access
• Use only the account assigned to you
• Not create accounts using another person’s name or information without permission

Schools and account administrators are responsible for promptly removing access for teachers, staff, or students who are no longer authorised to use nilo.

nilo may suspend or reset account access where we reasonably believe there is a security risk.

You agree not to use nilo to:

• Break any law or regulation
• Share false, harmful, abusive, threatening, discriminatory, or offensive material
• Bully, harass, or target another student, teacher, parent, or user
• Upload viruses, malware, harmful code, or unauthorised software
• Attempt to hack, disrupt, reverse engineer, scrape, or damage nilo systems
• Copy, resell, distribute, or commercially exploit nilo content without written permission
• Access another person’s account or school data without authorisation
• Collect personal information about other users without permission
• Upload passwords, OTPs, bank details, card details, Aadhaar numbers, PAN numbers, or other sensitive information
• Use nilo for trading, betting, gambling, financial solicitation, or investment promotion
• Post advertisements, affiliate links, financial schemes, or promotions without written approval
• Misrepresent nilo certificates, scores, progress, or partnerships

Users must treat other members of the nilo community with respect.

Students must not enter or upload:

• Bank-account information
• Debit-card or credit-card information
• UPI PINs
• ATM PINs
• Passwords
• OTPs
• Aadhaar numbers
• PAN details
• Demat-account information
• Family income details
• Private family financial documents
• Government identity documents
• Home address details unless specifically required and authorised by a parent, guardian, or school

nilo may remove content, restrict access, or notify the relevant school or parent where we reasonably believe content creates a safety, privacy, or security risk.

Depending on the school’s plan and platform setup, authorised users may access dashboards and reports.

Teachers may be able to view:

• Student names
• Class and grade information
• Module progress
• Quiz results
• Activity participation
• Certificates and completion status

School Administrators may be able to view:

• School-level engagement
• Class-level performance
• Student and teacher activity
• Completion rates
• Assessment results
• Downloadable school reports

Parents or Guardians may be able to view:

• Their child’s learning progress
• Module completion
• Quiz scores
• Badges and certificates
• Suggested family activities

Dashboard access is provided only for educational, administrative, and reporting purposes.

Users must not share dashboard data outside the school or family context unless they have a lawful and authorised reason to do so.

nilo may provide:

• Lessons
• Comics
• Videos
• Quizzes
• Stories
• Missions
• Worksheets
• Projects
• Badges
• Progress indicators
• Certificates
• Teacher plans
• School reports

Scores, badges, certificates, and progress indicators are designed to support learning. They are not official academic grades unless a school independently decides to recognise them.

A nilo certificate confirms completion of a relevant learning activity or course requirement. It does not represent a professional licence, investment qualification, regulatory approval, academic degree, or financial certification.

nilo may allow a student to reattempt quizzes or modules depending on school settings and product design.

nilo may offer AI-assisted learning features, including doubt-solving, explanations, summaries, learning prompts, and age-appropriate guidance.

AI-generated responses may not always be complete, accurate, or suitable for every situation. Users should verify important information and seek help from a teacher, parent, guardian, or qualified professional when needed.

AI features must not be used to request or share:

• Personal bank details
• PINs, passwords, or OTPs
• Investment instructions
• Financial-product recommendations
• Trading calls
• Personal financial advice
• Sensitive identity documents
• Private family information

nilo may limit, monitor for safety, or disable AI features where necessary to protect users, particularly students.

All nilo content, including but not limited to:

• Brand names
• Logos
• Symbols
• Designs
• Website content
• App interfaces
• Stories
• Comics
• Lessons
• Videos
• Quizzes
• Missions
• Workbooks
• Teacher guides
• Certificates
• Dashboards
• Illustrations
• Text
• Software
• Code
• Reports

is owned by or licensed to nilo and is protected by applicable intellectual-property laws.

You may use nilo content only for personal learning or authorised school use.

You may not copy, reproduce, sell, modify, distribute, publish, create derivative works from, or commercially use nilo content without prior written permission from nilo.

Schools may use licensed nilo materials only according to their subscription, pilot, licence, or written agreement with nilo.

Users may submit quiz answers, notes, activity responses, feedback, questions, or other learning-related content (“User Content”).

You retain ownership of your User Content. However, by submitting User Content through nilo, you grant nilo a limited, non-exclusive, royalty-free licence to store, display, process, and use that content only as needed to provide and improve the Services.

nilo may use anonymised or aggregated insights from User Content for:

• Improving lessons
• Understanding learning outcomes
• Building school reports
• Improving product features
• Research and analysis

nilo will not publicly display identifiable student content without appropriate permission.

Some nilo Services may be free, while others may be paid.

Paid offerings may include:

• School licences
• Premium learning access
• Printed workbooks
• Teacher training
• Teacher certification
• Family subscriptions
• Events
• Workshops
• Sponsored school programs

Where payment is required, pricing, payment terms, cancellation rules, and refund terms will be shown before purchase or included in the relevant school agreement.

School Payments

School subscriptions, licences, pilots, teacher training, and other school services may be governed by a separate proposal, order form, service agreement, or invoice.

If there is a conflict between these Terms and a signed school agreement, the signed school agreement will take priority for that school relationship.

Taxes

Prices may exclude applicable taxes unless otherwise stated. Users or schools are responsible for applicable GST or other taxes where required.

nilo may offer free pilots, trial access, demo accounts, early-access features, or beta products.

These may be changed, limited, paused, or withdrawn at any time.

Beta features may contain errors, incomplete functionality, or changes in design. Users agree that beta access is provided “as available” and may not be suitable for critical use.

nilo may include links to third-party websites, payment providers, learning resources, communication tools, or school systems.

These services are operated independently of nilo. We do not control their content, availability, policies, or practices.

Your use of third-party services is subject to their own terms and privacy policies.

nilo may suspend, limit, or terminate access to the Services if we reasonably believe that:

• These Terms have been violated
• A user has misused the platform
• There is a security or privacy risk
• A school subscription or authorisation has ended
• A user has shared harmful or inappropriate content
• A user has attempted unauthorised access
• We are required to do so by law or an authority

Schools may request removal of student or teacher accounts in line with their agreement with nilo.

Termination does not remove obligations that should reasonably continue after account closure, including intellectual-property protections, payment obligations, confidentiality, limitation of liability, and dispute provisions.

nilo aims to provide useful, safe, and high-quality learning experiences. However, the Services are provided on an “as available” and “as is” basis to the maximum extent permitted by law.

We do not guarantee that:

• nilo will always be available without interruption
• Every lesson or feature will be error-free
• Every quiz result will be accurate in every situation
• nilo content will meet every user’s needs
• nilo will improve a student’s marks, career outcomes, or financial results
• AI responses will always be complete or correct
• Platform access will always be uninterrupted

nilo may update, improve, remove, or replace features and content from time to time.

To the maximum extent permitted by applicable law, nilo, its founders, employees, directors, advisers, partners, licensors, and service providers will not be liable for:

• Indirect or consequential loss
• Loss of data
• Loss of profits
• Loss of business opportunity
• Reputational loss
• Loss caused by a user’s failure to protect account credentials
• Financial or investment decisions made by users
• Loss caused by third-party services
• Loss arising from unauthorised access caused by a user’s actions
• Loss arising from school decisions, teacher decisions, parent decisions, or user actions outside nilo’s reasonable control

Where liability cannot legally be excluded, nilo’s total liability will be limited to the amount paid by the relevant user or school to nilo for the affected Service during the three months before the event giving rise to the claim.

Nothing in these Terms excludes liability that cannot be excluded under applicable law.

To the extent permitted by law, you agree to indemnify and hold harmless nilo and its team from claims, damages, losses, costs, and expenses arising from:

• Your misuse of nilo
• Your violation of these Terms
• Your violation of another person’s rights
• Unauthorised use of a school dashboard or account
• Content you submit through nilo
• Your breach of applicable law

For student users, this section applies to the parent, guardian, school, or authorised adult to the extent legally permitted.

Your use of nilo is also governed by our Privacy Policy.

The Privacy Policy explains how we collect, use, store, share, and protect personal data, including student, parent, teacher, and school information.

By using nilo, you acknowledge that you have read the Privacy Policy.

nilo may update these Terms from time to time.

When we make material changes, we may notify users through:

• The nilo website
• The app
• A dashboard notice
• Email
• School communication
• Parent communication

The updated Terms will take effect on the date shown at the top of the page unless otherwise stated.

Continued use of nilo after updated Terms take effect means that you accept the revised Terms.

These Terms are governed by the laws of India.

Any dispute arising from or relating to these Terms or nilo Services will be subject to the exclusive jurisdiction of the courts located in Bangalore, Karnataka, India, unless applicable law requires otherwise.

Before starting formal legal proceedings, users agree to first contact nilo and try to resolve the matter in good faith.

For questions, support, complaints, privacy requests, school queries, or concerns about these Terms, contact:

India’s DPDP framework provides users with rights to access, correction, erasure, grievance redressal, and nomination, while requiring organisations to provide a grievance mechanism.

These Terms, together with the Privacy Policy, any applicable school agreement, order form, subscription terms, or written proposal, form the agreement between you and nilo regarding the Services.

If any provision of these Terms is found invalid or unenforceable, the remaining provisions will continue in effect.