Privacy Policy

1. Information We Collect

We collect the following types of information to provide and improve our service:

• Account Information: Your email address and authentication details (provided via our secure authentication provider).
• Usage Data: The natural language prompts you enter to create Baskets, the specific stocks/portfolios you track, performance metrics, and your "invested amounts" or simulation data.
• Device Information: Technical data including log files, device type, screen resolution, and operating system version, which we use for debugging, analytics, and optimizing the user experience.

2. How We Use Your Information

• Service Provision: To generate custom stock baskets, track their performance over time, and display historical stock charts and financial data.
• AI Processing: Your text prompts (e.g., "Build a high-risk tech portfolio") are sent to third-party AI providers (such as the Perplexity API) to generate the relevant portfolio themes and stock selections. Note: We do not send your personal contact information or identifiers to these AI providers.
• Improvement: To analyze aggregated usage patterns, identify popular features, and optimize our risk assessment and portfolio generation algorithms.
• Communication: To send you important administrative notifications, such as updates to our terms, security alerts, or beta program announcements.

3. Third-Party Services

We share data with trusted third-party services solely to operate the App and provide our services. These partners include:

• Perplexity API: Processes your natural language queries to understand intent and generate portfolio themes.
• Railway: Cloud infrastructure provider that hosts our backend database, API services, and application logic.
• Financial Data Providers: We use third-party financial APIs to fetch real-time and historical stock prices, market data, and company information.
• Authentication Services: Securely manages your login credentials and session tokens to ensure unauthorized access is prevented.

4. Data Storage and Security

5. Your Rights (GDPR & CCPA)

Depending on your location (e.g., if you reside in the European Union or California), you may have certain rights regarding your personal data:

• Access: You have the right to request a copy of the personal data we hold about you.
• Deletion: You have the right to request that we permanently delete your account and all associated data.
• Correction: You have the right to request updates to any inaccurate or incomplete personal information.
• Portability: You may request a copy of your data in a structured, commonly used machine-readable format.

To exercise any of these rights, please contact our Data Protection Officer at pranav@basketsai.com.

6. Children's Privacy

The App is not intended for use by individuals under the age of 18. We do not knowingly collect personal data from children. If we become aware that we have inadvertently collected personal data from a child under 18, we will take steps to delete such information as soon as possible.

7. Changes to This Policy

We may update this Privacy Policy from time to time to reflect changes in our practices or legal requirements. We will notify you of any material changes by posting the new policy on this page and updating the "Last Updated" date. You are advised to review this Privacy Policy periodically for any changes.

8. Contact Us

If you have any questions, concerns, or complaints about this Privacy Policy or our data practices, please contact us:

Email: pranav@basketsai.com

Website: https://basketsai.com