Terms and Conditions

Last Revised: July 8th, 2025

  1. ACCEPTANCE OF TERMS

Startup Sri (Private) Limited (hereafter referred to as “Startup Sri” or the “Company”) owns and operates the website located at https://www.startupsri.com (hereafter referred to as the “Website”), which includes the “Lanka Book of Records” platform, and provides its services (the “Services”) to you, subject to the following Terms of Service (hereafter referred to as the “Agreement” or the “Terms”) and to your acceptance of these Terms. By accessing or using the Website and Services, you also agree to be bound by our Privacy Policy, as well as any present or future guidelines or rules which may apply to your use of the Website and the Services. You shall also be subject to any applicable laws in Sri Lanka or your own region.

Startup Sri reserves the exclusive right, at its sole discretion, to change, modify, amend, add, or otherwise alter these Terms and other policies, guidelines, and rules that govern your use of the Website and the Services. You agree to review this section and other related sections of the Website frequently to be aware of any changes made by the Company. Your continued use and access to the Website and Services shall constitute your acceptance of any changes made to these Terms and the rules related to them.

Without any obligation, the Company may notify you through your provided email address of such changes, should the Company deem it necessary or if it were so advised.

 

  1. DESCRIPTION OF THE SERVICES

Startup Sri provides an innovative platform designed to foster entrepreneurship and recognize outstanding achievements in Sri Lanka.

  • Startup Sri Platform: This platform enables users (“Innovators,” “Startups,” or “Entrepreneurs”) to showcase their projects, seek mentorship, connect with potential investors, and access resources.
  • Lanka Book of Records Platform: This platform allows users (“Record Holders,” “Applicants,” or “Spotters”) to submit, verify, and document extraordinary human achievements, natural wonders, and unique cultural phenomena in Sri Lanka. We aim to celebrate these feats, inspire others, and preserve a national registry of excellence.

Certain rules and limitations apply to the use of both platforms by all Users, as clearly determined in this Agreement.

 

  1. DEFINITIONS
  • “Website” shall refer to https://www.startupsri.com, including all related blogs, subdomains, and the Lanka Book of Records platform.
  • “Services” shall refer to all services provided by Startup Sri, including the Startup Sri platform features and the Lanka Book of Records platform features.
  • “User” is any individual or representative of a collective institution or company who, having accepted this Agreement, makes use of the Website and/or Services made available to the public. Users may also be casual visitors and navigators.
  • “Innovator/Startup/Entrepreneur” is a User who creates a profile or submits a project/idea on the Startup Sri platform seeking resources, mentorship, or funding.
  • “Record Holder/Applicant” is a User who submits a record for verification and inclusion in the Lanka Book of Records.
  • “Spotter” is a User or partner organization that identifies and refers potential record holders to Lanka Book of Records.
  • “Payment Provider” is a third-party company that processes monetary transactions on the Website (e.g., for certificates, event tickets, donations).
  • “Record” shall refer to an extraordinary human achievement, natural wonder, or unique cultural phenomenon verified and documented by Lanka Book of Records.

 

  1. ELIGIBILITY

You hereby represent to the Company that:

  • You are over 18 years old, or are accessing the Services with the explicit consent and supervision of a legal guardian who is over 18.
  • You are NOT using the Website and/or Services for illegal purposes, or to aid third parties in their illegal purposes.
  • You are at all times disclosing to Startup Sri personal data and payment information which is yours or which you have authorization to use.
  • Your account has not been previously suspended or has pending issues with Startup Sri.

Startup Sri reserves its exclusive right to deny Services and access to its Website whenever it deems that its interest, corporate structure, or liabilities may be high by supporting a specific User, Innovator, or Project/Record.

 

  1. FEE SCHEDULE

This Section 5 of this Agreement outlines the policies and rules that apply to the use of the Services that involve monetary transactions.

  • Lanka Book of Records Certificates: A fee may be charged for the issuance of official, verified Lanka Book of Records certificates, digital badges, or physical awards. The exact fee will be clearly stated on the Website before purchase.
  • Event Registrations: Fees may apply for participation in Startup Sri events, workshops, or bootcamps. These fees will be clearly communicated during the registration process.
  • Premium Services: The Company may introduce premium features or services on either the Startup Sri or Lanka Book of Records platforms, which will incur separate costs. These costs will be clearly outlined.
  • Donations: Users may have the option to make voluntary donations to support Startup Sri or Lanka Book of Records initiatives.
  • Payment Provider Fees: In addition to any fees charged by Startup Sri, the Payment Provider may also deduct processing fees for whatever amount is transacted, dependent on the chosen way of payment, currency, and other factors. The User agrees and consents to such fees being deducted from each transaction.

There are no other costs than those referred to in this section, notwithstanding what may be determined in this Agreement in other sections, and penalties for non-compliance.

 

  1. PAYMENT PROCESSING AND MODEL

All payments made through the Website are processed by a third party (Payment Provider), engaged by the Company for the sole purpose of processing monetary transactions. The Company has no control or influence over the Terms and Conditions of such third-party service providers. Therefore, by accepting this Agreement, you are strongly advised to also review such terms of the Payment Providers. You also declare that you understand that Startup Sri is not an affiliate of such Payment Provider, nor are any of the Company’s affiliates, employees, agents, or owners.

All sales of digital products (e.g., LBR digital certificates) and event registrations are generally non-refundable once processed, unless otherwise explicitly stated in our Return Policy. The Company shall not be liable for any issues arising from the Payment Provider’s systems or policies, beyond its reasonable control.

 

  1. USER CONDUCT & CONTENT

Users are responsible for their conduct and any content they submit to the Website. We encourage all content (e.g., project descriptions, record submissions, comments, messages) to be:

  • Informative, accurate, and truthful.
  • Compliant with local laws and regulations.
  • Respectful and not offensive or harmful to other Users or the community in general.

Startup Sri reserves the right to share any submitted projects or verified records on its social media websites (such as, but not limited to, Facebook, Twitter, LinkedIn, Instagram, TikTok, YouTube).

 

  1. PROHIBITED CONDUCT

The following content or conduct, either on profiles, projects, records, comments, messages, or anywhere else on the Website, shall be prohibited and may result in account suspension, project/record cancellation, or definitive account closure:

  • Content which is discriminating against or regarding religion, sexual preference, gender, culture, race, or any other way which may be deemed, at the Company’s sole discretion, as harmful or hurtful to another User or offensive to the community in general.
  • Content which shares personal information or private data of another User without explicit consent.
  • Content which may be construed as harmful, racist, pornographic, violent, or otherwise damaging to the community.
  • Content which promotes SPAM, junk mail, phishing, unsolicited promotional material, lotteries, competitions, or incites the commitment of illegal activities.
  • Content which infringes proprietary laws, intellectual property, or trademarks of third parties.
  • Any misrepresentation or fraudulent activity related to record submissions or project details.

 

  1. INTELLECTUAL PROPERTY & LICENSE GRANTED TO USERS

You, the Users, are granted by Startup Sri a non-exclusive, limited, revocable right to use Startup Sri’s provided trademarks, banners, and other such material where explicitly permitted. All images, technology, and content provided for the User’s use by Startup Sri is, will be, and shall remain the sole property of Startup Sri, and any partners, successors, or agents, and no part thereof shall be deemed assigned or licensed to any User except as explicitly provided for in this Agreement. All intellectual property rights, including trademarks, copyrights, patent rights or applications, trade-names, and service marks related to the foregoing shall remain the Company’s sole property, including rights in and any derivatives thereof. Users are prohibited from making modifications to the trademarks, banners, materials, and other content or of any of the images provided to the Users. Failure to comply with this section may result in account closure, suspension, and/or deletion.

By submitting content (e.g., project details, record applications, photos, videos) to the Website, you grant Startup Sri a worldwide, non-exclusive, royalty-free, transferable, and sublicensable license to use, reproduce, distribute, prepare derivative works of, display, and perform that content in connection with the Services and Startup Sri’s (including Lanka Book of Records’) business, including without limitation for promoting and redistributing part or all of the Services (and derivative works thereof) in any media formats and through any media channels.

 

  1. MODIFICATIONS TO THESE TERMS

Startup Sri may revise and update these Terms of Service at any time. Should there be any changes or updates made to these Terms, you shall be given notice through a message on the Website, or directly to your registered email, in case you have registered. Your continued usage of the Website after any changes to these Terms of Service will imply and signify your acceptance of those changes.

 

  1. INDEMNIFICATION

You agree to indemnify, defend, and hold harmless Startup Sri, its officers, directors, employees, agents, licensors, and suppliers from and against all losses, expenses, damages, and costs, including reasonable attorneys’ fees, resulting from any violation of these terms and conditions or any activity related to your account (including negligent or wrongful conduct) by you or any other person accessing the site using your account.

 

  1. NO WARRANTY

At Startup Sri, we strive to provide good and reliable Services on our Website, but there are certain things that we are not able to guarantee to our Users. TO THE FULLEST EXTENT PERMITTED BY LAW, STARTUP SRI AND ITS AFFILIATES, SUPPLIERS, CONSULTANTS, EMPLOYEES, AND DISTRIBUTORS MAKE NO WARRANTIES, EITHER EXPRESS OR IMPLIED, ABOUT THE SERVICES. THE SERVICES ARE PROVIDED “AS IS.” WE ALSO DISCLAIM ANY WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

 

  1. SEVERABILITY

If any provision of these Terms shall be unlawful, void, or for any reason unenforceable, then that provision shall be deemed severable from the Terms and shall not affect the validity and enforceability of any remaining provisions.

 

  1. LIMITATION OF LIABILITY

TO THE FULLEST EXTENT PERMITTED BY LAW, IN NO EVENT WILL STARTUP SRI, ITS USERS, SUPPLIERS, OR DISTRIBUTORS BE LIABLE FOR (A) ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, EXEMPLARY, OR CONSEQUENTIAL DAMAGES OR ANY LOSS OF USE, DATA, BUSINESS, OR PROFITS, REGARDLESS OF LEGAL THEORY, WHETHER OR NOT Startup Sri HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, AND EVEN IF A REMEDY FAILS OF ITS ESSENTIAL PURPOSE; (B) AGGREGATE LIABILITY FOR ALL CLAIMS RELATING TO THE SERVICES MORE THAN THE GREATER OF $30 USD OR THE AMOUNTS PAID BY YOU TO Startup Sri FOR THE PAST 12 MONTHS OF THE SERVICES IN QUESTION.

 

  1. RELEASE

IF YOU HAVE A DISPUTE WITH ONE OR MORE USERS, YOU RELEASE STARTUP SRI (AND OUR OFFICERS, DIRECTORS, AGENTS, SUBSIDIARIES, JOINT VENTURES, AND EMPLOYEES) FROM CLAIMS, DEMANDS, AND DAMAGES (ACTUAL AND CONSEQUENTIAL) OF EVERY KIND AND NATURE, KNOWN AND UNKNOWN, ARISING OUT OF OR IN ANY WAY CONNECTED WITH SUCH DISPUTES.

 

  1. LINKS TO THIRD PARTY SITES

Users may, through hypertext or other such “links,” gain access to third-party operated websites on the Internet which are not part of Startup Sri Website and which are not controlled by Startup Sri in any way. Startup Sri is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement by Startup Sri of any such third-party Websites, which may or may not have their own set of Terms of Use. STARTUP SRI ASSUMES NO RESPONSIBILITY FOR ANY MATERIAL OUTSIDE OF THE STARTUP SRI WEBSITE WHICH MAY BE ACCESSED THROUGH ANY SUCH LINK. Unless otherwise indicated on the Website, Startup Sri is not sponsored by or users with the linked sites, and trademarks used in connection with linked sites are not trademarks of Startup Sri, or of its partners.

 

  1. LOCAL REGULATIONS

Startup Sri makes no representation that Materials or other content on and in the Website are appropriate or available for use outside Sri Lanka, its territories, possessions, and protectorates. If you choose to access the Website from other locations, you do so on your own initiative and at your own risk. You are responsible for complying with local laws, if and to the extent local laws are applicable. You specifically agree to comply with all applicable laws concerning the transmission of technical data exported from the Republic of Sri Lanka, or the laws of the country and state or county you reside in.

 

  1. GOVERNING LAW

These terms and conditions are governed by and to be construed in accordance with the law of the Republic of Sri Lanka. Any disputes shall be subject to the exclusive jurisdiction of the courts of Colombo.

 

  1. WRITTEN DOCUMENT

You may preserve these Terms of Use in written form by printing them for your records, and you waive any other requirement that these Terms of Use be evidenced by a written document.

 

  1. ASSIGNMENT

These Terms of Use constitute the entire agreement between you and Startup Sri and governs your use of the Website, superseding any prior agreements or communications between you and Startup Sri. You will not assign these Terms of Use or assign any rights or delegate any obligations hereunder, in whole or in part, whether voluntarily or by operation of law, without the prior written consent of Startup Sri. Any purported assignment or delegation made or done by you voluntarily or involuntarily, without the appropriate prior written consent of Startup Sri shall be null and/or void. Startup Sri may assign these Terms of Use or any rights hereunder without notice to you, and/or without any sort of consent by you.

 

  1. FORCE MAJEURE

In addition to applicable disclaimers stated before, Startup Sri’s performance under this Agreement shall be excused in the event of interruption and/or delay due to, or resulting from, causes beyond its reasonable control, including but not limited to acts of God, acts of any government, war or other hostility, civil disorder, the elements, fire, flood, earthquake, explosion, embargo, acts of terrorism, power failure, equipment failure, industrial or labor disputes or controversies, acts of any third-party data provider(s) or other third-party information provider(s), third-party software, or communication method interruptions.

 

  1. NOTICES

Any notice provided for or permitted under this Agreement shall be made to the User’s registered email address, and User may contact Startup Sri through the contact form available on the Website. Users must make sure to be able to receive any notices sent by Startup Sri to their email addresses.

 

  1. WHOLE AGREEMENT

All rights not expressly granted herein by Startup Sri to User are reserved by Startup Sri. There are no implied rights, other than those otherwise stated in this Agreement. All previous agreements or arrangements, either in writing or otherwise stored or made, will be superseded by this Agreement, and will constitute the entire understanding between the User and Startup Sri.

 

  1. MODIFICATIONS TO SERVICE

The Company reserves the right at any time and from time to time to modify or discontinue, temporarily or permanently, the Services (or any part thereof) with or without notice. You agree that Startup Sri shall not be liable to you or to any third party for any modification, suspension, or discontinuance of the Services.

 

  1. TERMINATION

You agree that the Company, in its sole discretion, may terminate your use of the Service, and remove and discard any Information within the Service, for any reason, including, without limitation, for lack of use, failure to timely pay any Service fees or other moneys due Startup Sri, or if Startup Sri believes that you have violated or acted inconsistently with the letter or spirit of this Agreement. The Company may also in its sole discretion and at any time discontinue providing the Service, or any part thereof, with or without notice. You agree that any termination of your access to the Services under any provision of these Terms may be effected without prior notice, and acknowledge and agree that the Company may immediately deactivate or delete your Information and/or bar any further access to such files in the Services. Further, you agree that the Company shall not be liable to you or any third-party for any termination of your access to Service.