Running a business, whether small or large, is a challenging task that requires accountability, responsibility, and ensuring the smooth operation and growth of the company. Fortunately, the business ecosystem in India has never been better for Small and Medium Enterprises (SMEs), micro-enterprises, and unincorporated entities. Thanks to rapid digitalization and innovative tech-enabled solutions, business owners can call upon various platforms to help scale their businesses.
One such platform is Castler, a digital escrow service that addresses issues related to fraud and delayed payments from buyers. Founded in 2020 by Vineet Singh and Dinesh Kumar, Castler is a pioneer in Digital Escrow in India. The company’s goal is to democratize escrow services for mass adoption amongst consumers and MSMEs to eliminate fraud. Today, Castler is a trusted escrow solution for over 150+ enterprises and offers multiple services in addition to fraud protection like digital lending, business loans, money pool, dealer distributorship, software escrow, logistics, etc.
Castler’s Digital Escrow Service has secured almost 10,000 crores over the last year, backed by leading banks, and provides swift, smart, and convenient business solutions to its customers. It offers real-time notifications, trusteeship assurance, access to a real-time dashboard, the lowest cost solution, and convenient e-signing of an escrow agreement. With Castler, enterprises can ensure that their transactions are secure and reliable, allowing them to focus on scaling their businesses.