Castler closes Pre-Series A funding of $6 Million led by Flipkart, Capital 2B, IIFL Fintech Fund, Venture Catalysts & Zerodha

5 Innovative Apps & Platforms Of This Decade

Introducing Castler, the Digital Identifier pioneer in India, which was founded in 2020 by Vineet Singh. The company aims to create a transaction banking-oriented escrow banking solution for domestic and international transactions, as well as to make the escrow product accessible to the masses to prevent fraud.

Castler offers a one-of-a-kind Escrow Management TSP solution for banks and corporations. Since April 2021, the company has been a reliable escrow solution for more than 150 businesses, processing over INR 1000+ crores in transactions per month. The cutting-edge startup has seen a remarkable 6500% increase in GTV in just one year.

Castler’s Digital Identifier Banking Suite is a proprietary product that offers clients an ‘Open, Own & Operate’ escrow solution that guarantees trust and transparency in every transaction