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

What is Escrow?

Escrow is a third-party service that holds funds or property on behalf of two or more parties until all conditions of an agreement have been met. In the context of Distributor Dealer Financing, Escrow is used to hold the purchase price of a vehicle until the dealer has delivered the vehicle and the buyer has approved the financing