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

What is an escrow service?

An escrow service is a third-party intermediary that holds funds on behalf of two or more parties involved in a transaction. The escrow agent is responsible for ensuring that the funds are released to the appropriate party only after all of the conditions of the transaction have been met.