Privacy Policy.
Effective Date: March 25, 2026
1. Introduction
This Privacy Policy applies to your use of VendorBidz, an AI-powered hardware procurement platform that enables businesses and vendors to connect, participate in automated auctions, and complete secure transactions.
The Platform includes the website, applications, and all related services (collectively referred to as the “Platform”).
By accessing or using VendorBidz, you agree to be bound by this Privacy Policy. If you do not agree, please discontinue use of the Platform.
2. Information We Collect
We collect information necessary to operate and improve our autonomous procurement ecosystem.
a) Personal Information
- Full name
- Email address
- Phone number
- Business or company details
- Billing and shipping address
b) Vendor & Business Information
- Business registration details (GST, licenses, etc.)
- Bank and payment details (processed securely)
- Product listings, pricing, and inventory data
- Bid history and transaction records
c) Technical & Usage Data
IP address, device and browser type, approximate location, and platform usage data (pages visited, timestamps).
d) Auction & AI Data
Bid submissions, procurement requirements, vendor matching data, and automated system-generated insights.
3. How We Use Your Information
Your information is used to power VendorBidz’s core features:
- → Enable reverse auctions and automated bidding
- → Match businesses with relevant vendors
- → Process transactions, contracts, and payments
- → Improve AI-based matching and pricing algorithms
- → Detect fraud, abuse, or illegal activity
4. Data Sharing & Disclosure
We do not sell your Personal Information. We may share your data between buyers and vendors for order fulfillment, with trusted service providers (payment gateways), or to comply with legal obligations.
6. Data Security
We implement industry-standard security measures, including encryption of sensitive data, secure payment systems, and role-based access controls. While we strive to protect your data, no method of transmission over the internet is 100% secure.
12. Grievance Redressal
For any complaints, concerns, or data-related requests, please contact our grievance officer:
C-35, Tirupati Sahibag, Village Panchot,
Mehsana, Gujarat, 384205
shwetatechnologie@gmail.com
+91 6356137551