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

Ex-Razorpay VP Kumar Amit joins Castler as Co-founder & COO

Castler, the largest Digital Identifier platform in India, has made an exciting announcement regarding the appointment of Kumar Amit as their new co-founder and Chief Operating Officer (COO). Amit, who previously served as the Vice President of Business Development at Razorpay, brings a wealth of experience in the fintech industry to his new role. Having completed his education at the prestigious Chicago Booth School of Business, he boasts over 20 years of work experience and will now oversee Growth, Marketing, Operations, and Compliance at Castler.

The addition of Kumar Amit to Castler’s leadership team marks a significant milestone for the company. His extensive background in fintech positions him perfectly to contribute to the platform’s growth and success. During his tenure at Razorpay, Amit played a pivotal role in scaling the business a hundredfold. Through the formulation and implementation of transformative business strategies, he was able to drive improved performance, profitability, and overall business expansion. Amit also represented Razorpay at various esteemed forums such as the Digital India Mission, Niti Aayog, MieTy, PMO, Economic Times Masterclass, Delhi School of Economics, and Singapore Fintech Festival.

Vineet Singh, the Founder and CEO of Castler, expressed his enthusiasm about Amit joining the team, stating, “As Castler transitions from the Zero-To-One stage and enters the 1X-to-100X stage, it was crucial for us to strengthen our management capabilities with top-tier leaders. Amit has established himself as one of the leading operators in the Fintech space over the past decade and played a crucial role in driving Razorpay’s growth. His extensive experience in enterprise business, regulatory affairs, and government collaborations will empower Castler to reach new heights. With his diverse expertise spanning the fintech industry, Amit will play a pivotal role in Castler’s journey towards achieving 100X scale, while fostering good governance and responsible growth.”

Kumar Amit, sharing his thoughts on his appointment as co-founder and COO of Castler, expressed his excitement about joining the company and being part of its pioneering efforts to bring transparency and trust to the digital economy through innovative escrow banking solutions and other products. Given the evolving regulatory landscape and the growing demand for secure and seamless transactions, Castler is well-positioned for tremendous growth. Amit eagerly looks forward to collaborating with the team to scale the business, drive innovation, and establish strong partnerships with clients and stakeholders.