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, has recently raised $1 million in seed funding led by Zerodha’s Rainmatter. The platform aims to provide secure and transparent transactions for businesses and individuals worldwide.

With the rise of online transactions, the need for a reliable escrow service has become increasingly important. Castler offers a solution by acting as a trusted third party that holds funds until both parties involved in a transaction are satisfied with the outcome.

The platform’s user-friendly interface and advanced security features make it an attractive option for businesses and individuals looking for a safe and efficient way to conduct transactions. Castler’s team of experts ensures that all transactions are conducted in compliance with local laws and regulations.

The seed funding will be used to further develop the platform and expand its reach to new markets. Castler’s CEO, Ankit Singhania, expressed his gratitude for the support from Rainmatter and other investors, stating that the funding will help the company achieve its goal of becoming the go-to escrow platform for businesses and individuals worldwide.

Overall, Castler’s innovative approach to escrow services has the potential to revolutionize the way transactions are conducted online. With its advanced security features and commitment to compliance, the platform is poised for success in the global market.