Vaapas is a digital alternative investment platform
enabling the opportunity for
individuals to invest in city’s premium brands. Vaapas aims to democratize premium
opportunities to all, previously only available to a select few of the society.
We process refunds only if the capital has not yet
been disbursed to the business. In
case you would like to seek a refund, please contact us at firstname.lastname@example.org and we shall
update you on
the status of the disbursal. If the capital is yet to be disbursed to the business, the
will be refunded to you within 15 business days of your request.
Vaapas's revenue-based financing structure falls under
the purview of the Ministry of
No, the returns are contractually agreed with the
business but not guaranteed. All
returns mentioned in a deal are projected returns, based on the terms agreed with the
business. They are
mentioned in the business agreement and are advised to be read before you decide to
Returns start one day after the live date
mentioned in the vaapas details. Returns are typically distributed to investors
every day. However, there may be investment options with different payment
cycles. However, this would be mentioned in detail on the ‘Vaapas Details’ Page.
Currently you can not exit investment before
the tenure is over.
We do the following checks before listing any
business on Vaapas.
Financial Health : We collect all required information such as sales data,
balance sheet, annual reports etc. of at atleast the past 12 months and analyze
the data to assess the current financial health of the business.
Profile: We inquire about the professional backgrounds of founders/ CXOs,
shareholders, ongoing litigation as well as conduct reference calls with key
customers, vendors, employees and other stakeholders.
Business Performance: We review industry trends, competitive edge, assets
quality etc. to estimate the future performance of the business
We integrate directly with their POS system
and collect the sales data without any intermediary intervention. We also do
regular audits as well as put in necessary penalties on fraud detection under
the terms and conditions the business is obliged to before listing on the
It is our endeavor to
applicable to us in relation to the services offered through this platform (including our website and mobile
application): (i) Vaapas is not, nor does it claim or portray to be, an NBFC or lender. Vaapas is not
registered with the RBI. (ii) Vaapas is not a stock exchange recognized by the Securities and Exchange Board
of India (SEBI) under the Securities Contract (Regulations) Act, 1956. Vaapas is not a fundraising platform.
Vaapas, through the platform, merely facilitates the interaction between investors and brands in a private
and restricted environment. No securities are offered by any company on the platform.