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Castler logo — India's Largest Escrow Platform

Castler

India's Largest Escrow Platform

Founded 2020 India Delhi, India 77 employees Seed Finance, Financial Services +2

General Information

Company Name Castler
Founded Year 2020
Location India Delhi, India
Employees 77
Industries Finance, Financial Services, Fintech +1
Funding Stage Seed
Social

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About Castler

Castler is India's largest Escrow platform, positioning itself as the new operating system for Escrow banking. By serving as a middleware between banks and enterprises, Castler addresses various challenges related to evolving business and revenue models, complex transaction flows, source of money, identity verification, fraud management, and customer-consumer protection. Established in 2020, the company has quickly gained traction in the industry, managing over INR 5000 crores in monthly transactions and collaborating with 10 banking partners. Recognizing trust as a vital digital currency, Castler aims to deliver "Trust-as-a-Service" in India. In April 2021, Castler successfully raised $6 million in a Pre-Series A round. Notable investors in this funding round included Capital 2B (an Info Edge fund), Flipkart, IIFL Ventures, Stride Ventures, Piper Serica, Zerodha, Venture Catalysts, 9Unicorns, and FAAD Network. This significant investment reflects the confidence of industry leaders in Castler's potential. Moreover, the company appointed Kumar Amit, former VP of Razorpay, as Co-founder & COO, further strengthening its leadership and propelling the business towards rapid scaling. Castler is pioneering Digital Escrow in India, with founders Vineet Singh and Dinesh Kumar leveraging their extensive startup experience. The company's vision is to establish a global escrow platform based on principles of good governance and responsible execution, providing solutions for both domestic and cross-border transactions within the finance, financial services, fintech, and payments industries. With its innovative approach and strong backing from key investors, Castler is well-poised for future growth and success.

No funding data available for Castler yet.

FAQ About Castler

India's Largest Escrow Platform
Castler was founded in 2020.
Castler is headquartered in Delhi, India.
Castler operates in Finance, Financial Services, Fintech and Payments.
Castler has approximately 77 employees.

We're actively collecting intelligence on Castler.

Source: BounceWatch company record for Castler, https://bouncewatch.com/company/castler-1, updated 8 January 2025. When citing, please name BounceWatch and link this page.

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