About Us
Our Story
In early 2020, our founder, Vineet sold his car to an i-buying used car platform. They promised him payment in 30 minutes, but Vineet received the payment after 10 days and after long and arduous follow-up. During these 10 days he felt the usual pangs of fear, insecurity and anger that any short-changed customer would feel.
This incident left an impression on Vineet’s mind, and he decided that his next venture would be about “Eradication of Fraud”. And thus, Castler was born.
During our journey, the vision of Castler has evolved from not only solving the problem of fraud for consumers to also solving key problems facing our industry and country at large. India is poised to become the third largest economy in the world over the next 5 years and sky is the limit if we can solve some of the key problems facing consumers and businesses.
Problem Statements
Problems Faced by Consumers
680% increase in frauds between 2013 to 2018
As per a Microsoft report, payment frauds have increased by 81% in India in CY 2020
Problems Faced by Regulators
The virtual layers of accounts being used by current incumbents has been misused humongously.
Identity of Transacting Parties in Collection/ Settlements/ Payouts in not being solved for by current incumbents
The problem of money laundering which is critical for the security of our nation has increased with greater Fintech adoption.
Problems Faced by Businesses
Around $17 Bn Lost in the last 12 months due to fraud
49% of businesses have encountered frauds in their lifetime causing 3.4 x increase in total realized loss
Avg. commercial claim value settlement is 31% after an avg. of 1,445 days to resolve the same
Escrow has been used globally to solve the problem of trust deficit, money security and identity validation widely
Tedious Documentation
Up to 30 days for escrow agreement
Time Consuming
Up to 140 days to open an escrow account
High Cost
Banks | Trustee | Lawyers
Supply Demand Mismatch
Unmet demand over 90% at banks
Castler is building the Escrow infrastructure for the future of money management in India
Castler is building the Escrow infrastructure for the future of money management in India
Castler combines the functions of an escrow service, a trusteeship service, and transaction management tools to provide a comprehensive solution for managing escrow transactions. The company’s focus on Digital Identifier aims to offer a user-friendly, efficient, and secure experience for managing payments and settlement. By providing all these services in one platform, Castler aims to simplify the escrow processes and provide a better experience for its users.
Castler combines the functions of an escrow service, a trusteeship service, and transaction management tools to provide a comprehensive solution for managing escrow transactions. The company’s focus on Digital Identifier aims to offer a user-friendly, efficient, and secure experience for managing payments and settlement. By providing all these services in one platform, Castler aims to simplify the escrow processes and provide a better experience for its users.
Our Vision
Our vision is to build the operating system for the future of money management, to make India the world’s number 1 economy by 2050.
Our Mission
Our mission is to turn up every day and do the best possible to solve key problems of consumers, enterprises, regulators and our country.
India’s Best Escrow Banking Team
Having 50+ years of experience
Founders are specialists in building & scaling large & profitable billion-dollar businesses on the pillars of good governance and responsible growth.
Vineet Singh
Founder & CEO
Vineet Singh is a seasoned entrepreneur with 25+ years of experience in various sectors including Payments, PropTech, E-commerce & Classifieds. He has achieved stupendous success with Naukri & 99acres as market leaders. In his last role at Mobikwik, he served as the Chief Business Officer.
Dinesh Kumar
Co-Founder & CBO
Dinesh is an experienced business builder with a track record of successfully building and scaling enterprise businesses in jobs, proptech, and hospitality for over 20 years- Naukri ,99acres, Treebo, and Magicbricks.
Kumar Amit Sinha
Co-Founder & COO
An alumnus of the Chicago Booth School of Business, Amit has more than 18 years of experience across entrepreneurship, corporate and social domains, was Head – Enterprise Business at Razorpay and managed a P&L of over a billion dollars.
Ritesh Tiwari
Co-Founder & CPO
With more than a decade of experience across Financial Institutions like Barclay’s, Visa Europe & Omnio, Ritesh comes with a very deep understanding of Global Payments Ecosystem & Indian Transaction Banking Space.
We Are India's Largest
Trust-as-a-Service Platform
If you are in these industries, consider Digital Identifier to safeguard your money!
15 months, 10 people & 1000 Cr monthly GTV: Castler is pioneering an emerging industry in India.
Ex-Razorpay VP Kumar Amit joins Castler as Co-founder & COO
Castler raises $5m from Capital 2B, IIFL and other India deals worth $63m.
Digital Identifier: Fast, Safe, Trustworthy.
Nithin Kamath-Owned Rainmatter, Others Back Fintech Startup Castler.
Capital 2B, IIFL Fintech Fund Lead $5 M Round For Zerodha-backed Castler
Castler to offer Digital Identifier services to Yes Bank customers
Castler Launches India’s First Escrow Management API Sandbox for Fintech Players
Startup News And Updates: Daily Roundup (May 2, 2023)
12+ Banks
Banking partners
6 Trustees
SEBI authorised trustee partners
Top 6
Legal & accounting firms
600+
Enterprise customers
10,000+
Active Escrows
6,00,000+
Escrow transactions
Banking Partners
ICICI Bank
DBS Bank
And more...
SEBI Authorised Trustee Partners
Backed By
We Are India's Largest
Trust-as-a-Service Platform
If you are in these industries, consider Digital Identifier to safeguard your money!
15 months, 10 people & 1000 Cr monthly GTV: Castler is pioneering an emerging industry in India.
Ex-Razorpay VP Kumar Amit joins Castler as Co-founder & COO
Castler raises $5m from Capital 2B, IIFL and other India deals worth $63m.
Digital Identifier: Fast, Safe, Trustworthy.
Nithin Kamath-Owned Rainmatter, Others Back Fintech Startup Castler.
Capital 2B, IIFL Fintech Fund Lead $5 M Round For Zerodha-backed Castler
Castler to offer Digital Identifier services to Yes Bank customers
Castler Launches India’s First Escrow Management API Sandbox for Fintech Players
Startup News And Updates: Daily Roundup (May 2, 2023)
12+ Banks
Banking partners
6 Trustees
SEBI authorised trustee partners
Top 6
Legal & accounting firms
600+
Enterprise customers
10,000+
Active Escrows
6,00,000+
Escrow transactions
Banking Partners
ICICI Bank
DBS Bank
And more...
SEBI Authorised Trustee Partners
Backed By
We Are India's Largest
Trust-as-a-Service Platform
If you are in these industries, consider Digital Identifier to safeguard your money!
15 months, 10 people & 1000 Cr monthly GTV: Castler is pioneering an emerging industry in India.
Ex-Razorpay VP Kumar Amit joins Castler as Co-founder & COO
Castler raises $5m from Capital 2B, IIFL and other India deals worth $63m.
Digital Identifier: Fast, Safe, Trustworthy.
Nithin Kamath-Owned Rainmatter, Others Back Fintech Startup Castler.
Capital 2B, IIFL Fintech Fund Lead $5 M Round For Zerodha-backed Castler
Castler to offer Digital Identifier services to Yes Bank customers
Castler Launches India’s First Escrow Management API Sandbox for Fintech Players
Startup News And Updates: Daily Roundup (May 2, 2023)
12+ Banks
Banking partners
6 Trustees
SEBI authorised trustee partners
Top 6
Legal & accounting firms
600+
Enterprise customers
10,000+
Active Escrows
6,00,000+
Escrow transactions
Banking Partners
ICICI Bank
DBS Bank
And more...
SEBI Authorised Trustee Partners
Backed By
What Our Clients Have To Say About Us
Castler's digital escrow services platform addresses crucial business needs in today's digitized landscape. Our newly launched service stands as a testament to Castler's ability to ensure secure and timely monetary transactions, meeting prevalent business requirements seamlessly. This partnership positions YES Bank and Castler at the forefront of Enterprise Escrow Banking, offering innovative solutions that simplify complexities and democratize digital escrow for widespread adoption among diverse customer segments.
Ajay Rajan
Country Head, Transaction Banking Group
Escrow banking is becoming an essential banking stack for many businesses and use cases. Castler is aiming to simplify and digitize escrow banking for mass adoption, making trust an implicit part of all digital transactions and smart contracts. Escrow is now becoming the core stack powering financial transactions across the value chain, providing an additional but crucial layer of security and transparency.
Vibhore Sharma
Partner at Capital 2B
Castler’s solution that combines Escrow, Trustee, and Transaction Tools is a game-changer for the banking industry. Its unique ability to offer solutions for both domestic and cross-border transactions opens a market worth hundreds of billions of dollars. We are thrilled to be a part of their mission to democratize Escrow Banking for consumers, SMEs, and Enterprises.
Mehekka Oberoi
Head of IIFL Fintech Fund
Castler is solving a real pain point around escrow account solutions, which have multiple use cases across financial transactions. We’re excited to partner with them.
Nithin Kamath
founder of Zerodha & Rainmatter
I was thoroughly impressed with their services. The staff was professional, responsive, and knowledgeable, and they made the entire process incredibly smooth and hassle-free.One of the things I appreciated most about Castler was their attention to detail. They were incredibly thorough in reviewing all of the necessary documents and ensuring that everything was in order before moving forward with the transaction. This gave me a lot of peace of mind and helped to prevent any potential issues or complications.
Nimith Agarwal
Co-Founder & CEO
I am thrilled to write a testimonial for Castler, a company that has truly transformed the way we handle digital payments and escrow agreements. Thanks to Castler, making digital payments has become incredibly easy and convenient for us. Their platform is intuitive, user-friendly, and secure, making it an ideal choice for anyone looking for a hassle-free payment experience.
Prashanth
Finance manager
I liked the features like, 100% Security through Escrow Agreement, Modular Product, fully customizable, any industry any use-case, team responsiveness, end-to-end support, efficient & effective, help you save time, money effort.
Dipen Patel
CTO
Castler’s team of skilled professionals quickly understands the latest digital strategies, enabling us with tailored solutions to our unique needs. Their team was always available to answer any questions or concerns. And I also liked the features like, unified dashboard, modular product, fully customizable, any industry any use-case, team responsiveness, end-to-end support, efficient & effective.
Pradeep
CEO & Co-Founder
The process of disbursal through Castler is quick, easy and reliable. The best thing about them is the their team, which is readily available to assist you and give solution to your queries or even helping with last minute disbursal requests. And I also liked the features like unified dashboard, 100% security through escrow agreement, team responsiveness, end-to-end support, efficient & effective, help you save time, money & effort .
Rahul Singh
Finance Lead
Quick response time. And I also liked the features like, multi-bank option, team responsiveness, end-to-end support, efficient & effective, help you save time, money & effort .
Sanu Kumar
Program Manager
Keep up the good work and try to add more features related to operational convenience. And I also liked the features like, unified dashboard, 100% security through escrow agreement, standardized pricing, help you save time, money & effort.
Nitish Kumar Gupta
Senior Director
I liked the features like, unified dashboard, modular product, fully customizable, any industry any use-case, team responsiveness, end-to-end Support, efficient & effective, help you save time, money & effort.
Amruta Shingweka
Founder
What Our Clients Have To Say About Us
Castler's digital escrow services platform addresses crucial business needs in today's digitized landscape. Our newly launched service stands as a testament to Castler's ability to ensure secure and timely monetary transactions, meeting prevalent business requirements seamlessly. This partnership positions YES Bank and Castler at the forefront of Enterprise Escrow Banking, offering innovative solutions that simplify complexities and democratize digital escrow for widespread adoption among diverse customer segments.
Ajay Rajan
Country Head, Transaction Banking Group
Escrow banking is becoming an essential banking stack for many businesses and use cases. Castler is aiming to simplify and digitize escrow banking for mass adoption, making trust an implicit part of all digital transactions and smart contracts. Escrow is now becoming the core stack powering financial transactions across the value chain, providing an additional but crucial layer of security and transparency.
Vibhore Sharma
Partner at Capital 2B
Castler’s solution that combines Escrow, Trustee, and Transaction Tools is a game-changer for the banking industry. Its unique ability to offer solutions for both domestic and cross-border transactions opens a market worth hundreds of billions of dollars. We are thrilled to be a part of their mission to democratize Escrow Banking for consumers, SMEs, and Enterprises.
Mehekka Oberoi
Head of IIFL Fintech Fund
Castler is solving a real pain point around escrow account solutions, which have multiple use cases across financial transactions. We’re excited to partner with them.
Nithin Kamath
founder of Zerodha & Rainmatter
I was thoroughly impressed with their services. The staff was professional, responsive, and knowledgeable, and they made the entire process incredibly smooth and hassle-free.One of the things I appreciated most about Castler was their attention to detail. They were incredibly thorough in reviewing all of the necessary documents and ensuring that everything was in order before moving forward with the transaction. This gave me a lot of peace of mind and helped to prevent any potential issues or complications.
Nimith Agarwal
Co-Founder & CEO
I am thrilled to write a testimonial for Castler, a company that has truly transformed the way we handle digital payments and escrow agreements. Thanks to Castler, making digital payments has become incredibly easy and convenient for us. Their platform is intuitive, user-friendly, and secure, making it an ideal choice for anyone looking for a hassle-free payment experience.
Prashanth
Finance manager
I liked the features like, 100% Security through Escrow Agreement, Modular Product, fully customizable, any industry any use-case, team responsiveness, end-to-end support, efficient & effective, help you save time, money effort.
Dipen Patel
CTO
Castler’s team of skilled professionals quickly understands the latest digital strategies, enabling us with tailored solutions to our unique needs. Their team was always available to answer any questions or concerns. And I also liked the features like, unified dashboard, modular product, fully customizable, any industry any use-case, team responsiveness, end-to-end support, efficient & effective.
Pradeep
CEO & Co-Founder
The process of disbursal through Castler is quick, easy and reliable. The best thing about them is the their team, which is readily available to assist you and give solution to your queries or even helping with last minute disbursal requests. And I also liked the features like unified dashboard, 100% security through escrow agreement, team responsiveness, end-to-end support, efficient & effective, help you save time, money & effort .
Rahul Singh
Finance Lead
Quick response time. And I also liked the features like, multi-bank option, team responsiveness, end-to-end support, efficient & effective, help you save time, money & effort .
Sanu Kumar
Program Manager
Keep up the good work and try to add more features related to operational convenience. And I also liked the features like, unified dashboard, 100% security through escrow agreement, standardized pricing, help you save time, money & effort.
Nitish Kumar Gupta
Senior Director
I liked the features like, unified dashboard, modular product, fully customizable, any industry any use-case, team responsiveness, end-to-end Support, efficient & effective, help you save time, money & effort.
Amruta Shingweka
Founder
What Our Clients Have To Say About Us
Castler's digital escrow services platform addresses crucial business needs in today's digitized landscape. Our newly launched service stands as a testament to Castler's ability to ensure secure and timely monetary transactions, meeting prevalent business requirements seamlessly. This partnership positions YES Bank and Castler at the forefront of Enterprise Escrow Banking, offering innovative solutions that simplify complexities and democratize digital escrow for widespread adoption among diverse customer segments.
Ajay Rajan
Country Head, Transaction Banking Group
Escrow banking is becoming an essential banking stack for many businesses and use cases. Castler is aiming to simplify and digitize escrow banking for mass adoption, making trust an implicit part of all digital transactions and smart contracts. Escrow is now becoming the core stack powering financial transactions across the value chain, providing an additional but crucial layer of security and transparency.
Vibhore Sharma
Partner at Capital 2B
Castler’s solution that combines Escrow, Trustee, and Transaction Tools is a game-changer for the banking industry. Its unique ability to offer solutions for both domestic and cross-border transactions opens a market worth hundreds of billions of dollars. We are thrilled to be a part of their mission to democratize Escrow Banking for consumers, SMEs, and Enterprises.
Mehekka Oberoi
Head of IIFL Fintech Fund
Castler is solving a real pain point around escrow account solutions, which have multiple use cases across financial transactions. We’re excited to partner with them.
Nithin Kamath
founder of Zerodha & Rainmatter
I was thoroughly impressed with their services. The staff was professional, responsive, and knowledgeable, and they made the entire process incredibly smooth and hassle-free.One of the things I appreciated most about Castler was their attention to detail. They were incredibly thorough in reviewing all of the necessary documents and ensuring that everything was in order before moving forward with the transaction. This gave me a lot of peace of mind and helped to prevent any potential issues or complications.
Nimith Agarwal
Co-Founder & CEO
I am thrilled to write a testimonial for Castler, a company that has truly transformed the way we handle digital payments and escrow agreements. Thanks to Castler, making digital payments has become incredibly easy and convenient for us. Their platform is intuitive, user-friendly, and secure, making it an ideal choice for anyone looking for a hassle-free payment experience.
Prashanth
Finance manager
I liked the features like, 100% Security through Escrow Agreement, Modular Product, fully customizable, any industry any use-case, team responsiveness, end-to-end support, efficient & effective, help you save time, money effort.
Dipen Patel
CTO
Castler’s team of skilled professionals quickly understands the latest digital strategies, enabling us with tailored solutions to our unique needs. Their team was always available to answer any questions or concerns. And I also liked the features like, unified dashboard, modular product, fully customizable, any industry any use-case, team responsiveness, end-to-end support, efficient & effective.
Pradeep
CEO & Co-Founder
The process of disbursal through Castler is quick, easy and reliable. The best thing about them is the their team, which is readily available to assist you and give solution to your queries or even helping with last minute disbursal requests. And I also liked the features like unified dashboard, 100% security through escrow agreement, team responsiveness, end-to-end support, efficient & effective, help you save time, money & effort .
Rahul Singh
Finance Lead
Quick response time. And I also liked the features like, multi-bank option, team responsiveness, end-to-end support, efficient & effective, help you save time, money & effort .
Sanu Kumar
Program Manager
Keep up the good work and try to add more features related to operational convenience. And I also liked the features like, unified dashboard, 100% security through escrow agreement, standardized pricing, help you save time, money & effort.
Nitish Kumar Gupta
Senior Director
I liked the features like, unified dashboard, modular product, fully customizable, any industry any use-case, team responsiveness, end-to-end Support, efficient & effective, help you save time, money & effort.
Amruta Shingweka
Founder
Backed by Enterprise-Grade Security
PCI-DSS Level 1 Compliant
We adhere to the highest level of security standards for handling and ensure secure processing and storage.
SOC-II (Under Implementation)
We ensure trust and compliance in data handling practices.
ISO 27001 (Under Implementation)
We ensure secure and efficient transactions across our platforms and systems.
Backed by Enterprise-Grade Security
PCI-DSS Level 1 Compliant
We adhere to the highest level of security standards for handling and ensure secure processing and storage.
SOC-II (Under Implementation)
We ensure trust and compliance in data handling practices.
ISO 27001 (Under Implementation)
We ensure secure and efficient transactions across our platforms and systems.
Backed by Enterprise-Grade Security
PCI-DSS Level 1 Compliant
We adhere to the highest level of security standards for handling and ensure secure processing and storage.
SOC-II (Under Implementation)
We ensure trust and compliance in data handling practices.
ISO 27001 (Under Implementation)
We ensure secure and efficient transactions across our platforms and systems.
Frequently Asked Questions
What is the benefit of using an escrow account?
What is escrow banking?
What type of solutions are offered by Castler in escrow banking?
How can I ensure payment safety using Castler’s solution?
Which banks are available to open an escrow?
How can enterprise start their escrow journey?
How can I open an escrow account?
When is an escrow account typically used?
How does an escrow account work?
What is escrow?
Frequently Asked Questions
What is the benefit of using an escrow account?
What is escrow banking?
What type of solutions are offered by Castler in escrow banking?
How can I ensure payment safety using Castler’s solution?
Which banks are available to open an escrow?
How can enterprise start their escrow journey?
How can I open an escrow account?
When is an escrow account typically used?
How does an escrow account work?
What is escrow?
Frequently Asked Questions
What is the benefit of using an escrow account?
What is escrow banking?
What type of solutions are offered by Castler in escrow banking?
How can I ensure payment safety using Castler’s solution?
Which banks are available to open an escrow?
How can enterprise start their escrow journey?
How can I open an escrow account?
When is an escrow account typically used?
How does an escrow account work?
What is escrow?
India's Largest Escrow-as-a-Service Platform
Escrow account services are complex but Castler's modular, flexible & full stack solution makes it simple for you.
Castler automates the Escrow account management and improves the user experience for managing payments and settlements. By leveraging technology to streamline these transactions, Castler makes the process more efficient, secure and convenient for its users
India's Leading Escrow Company.
Escrow Banking
Investment Escrow
Marketplace
Lending escrow
Fintech escrow
Real estate escrow
Mergers & acquisition
Regulator mandated escrow
Profit sharing
Franchisor-Franchisee
Dealer-Distributor
Dispute resolution
Litigation escrow
Trust & retention account (TRA)
Liquidation
Software Escrow
Escrow Solution
Source Code Escrow
Software Escrow
SaaS Escrow
Information Escrow
IP Protection
Document escrow
Trade Secret Escrow
Register data escrow
Data escrow
Intellectual Property archive
Intellectual Property Audit
Verification Service
L1 Verification
L2 Verification
L3 Verification
Physical Vault
India's Largest Escrow-as-a-Service Platform
Escrow account services are complex but Castler's modular, flexible & full stack solution makes it simple for you.
Castler automates the Escrow account management and improves the user experience for managing payments and settlements. By leveraging technology to streamline these transactions, Castler makes the process more efficient, secure and convenient for its users
India's Leading Escrow Company.
Escrow Banking
Investment Escrow
Marketplace
Lending escrow
Fintech escrow
Real estate escrow
Mergers & acquisition
Regulator mandated escrow
Profit sharing
Franchisor-Franchisee
Dealer-Distributor
Dispute resolution
Litigation escrow
Trust & retention account (TRA)
Liquidation
Software Escrow
Escrow Solution
Source Code Escrow
Software Escrow
SaaS Escrow
Information Escrow
IP Protection
Document escrow
Trade Secret Escrow
Register data escrow
Data escrow
Intellectual Property archive
Intellectual Property Audit
Verification Service
L1 Verification
L2 Verification
L3 Verification
Physical Vault
India's Largest Escrow-as-a-Service Platform
Escrow account services are complex but Castler's modular, flexible & full stack solution makes it simple for you.
Castler automates the Escrow account management and improves the user experience for managing payments and settlements. By leveraging technology to streamline these transactions, Castler makes the process more efficient, secure and convenient for its users
India's Leading Escrow Company.
Escrow Banking
Investment Escrow
Marketplace
Lending escrow
Fintech escrow
Real estate escrow
Mergers & acquisition
Regulator mandated escrow
Profit sharing
Franchisor-Franchisee
Dealer-Distributor
Dispute resolution
Litigation escrow
Trust & retention account (TRA)
Liquidation
Software Escrow
Escrow Solution
Source Code Escrow
Software Escrow
SaaS Escrow
Information Escrow
IP Protection
Document escrow
Trade Secret Escrow
Register data escrow
Data escrow
Intellectual Property archive
Intellectual Property Audit
Verification Service
L1 Verification
L2 Verification
L3 Verification
Physical Vault