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

What is escrow in contract manufacturing?

Escrow in contract manufacturing is a process where a third-party holds intellectual property (IP) and other critical manufacturing assets in trust until certain conditions are met. This can help to protect both the manufacturer and the customer by ensuring that the IP is not misused and that the customer has access to the assets they need to produce their products.