Castler, a leading escrow service provider in India, has launched "CastlerCode", a first-of-its-kind Source Code Escrow solution designed to protect software intellectual property and ensure business continuity.

CastlerCode leverages AWS cloud technology and adheres to the highest standards of security, reliability, and compliance. It eliminates manual processes and physical storage, offering enhanced scalability, accessibility, and security for modern businesses.

With the RBI mandating software escrow for regulated entities and non-bank payment system operators, CastlerCode has already secured major clients, including banks and NBFCs.

The source code escrow market is growing at a CAGR of 20% and is expected to reach $30 billion by 2030.

Founder & CEO Vineet Singh emphasized Castler’s vision to build a world-class SaaS platform from India, providing scalable, cost-effective, and cloud-based escrow solutions to meet the rising global demand for software protection and business continuity.