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

How does litigation escrow work?

Litigation escrow works by following these steps:

The parties to a legal dispute agree to use litigation escrow.

The funds are transferred to Castler.

The escrow agent holds the funds in trust until the dispute is resolved.

Once the dispute is resolved, the escrow agent releases the funds or property to the rightful party.