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

Global Escrow Platform Castler raises $1 million in seed funding led by Zerodha’s Rainmatter

Castler, a global escrow platform for enterprises, has announced that it has raised $1 million in seed funding in a round led by Zerodha’s Rainmatter, with participation from Venture Catalysts, 9Unicorns, Faad Network and LetsVenture. The funds will be used to expand the company’s domestic and cross-border escrow product portfolio, go live with 10 more banks, and grow its business by 10x over the next year. Castler offers a unique Escrow Management TSP solution for Enterprises and Banks, and is already the trusted escrow solution for over 150+ enterprises, managing over INR 1000+ crores ($130 Mn) in transactions every month. Castler has partnered with nine leading Indian and Global Banks to provide a wide array of banking services. Being an early mover, Castler is now in the pole position to dominate the Escrow Banking space, which is poised to be $250 Bn by 2030 and also democratize the product for mass usage and adoption amongst Consumers and MSMEs. Castler has previously raised a $500K idea-stage pre-seed round from Venture Catalysts, 9Unicorns, LetsVenture and AngelList.


is the "Official Escrow Banking Partner" at IGC, New Delhi

Visit us at Taj Palace, New Delhi on 5th of December, 2023

Catch our Founder & CEO, Vineet Singh, on the Main Stage at 5th December at 3.45pm

*First Come First Serve