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 service that holds money in trust until certain conditions are met. In the context of franchising, escrow is often used to hold the franchisee’s initial franchise fee until the franchise agreement is signed and the franchisee has met all of the required qualifications.