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

What is Escrow in Dispute Resolution?

Escrow in Dispute Resolution is a service that allows two parties to resolve a dispute without going to court. The parties agree to put the disputed item into escrow with a third party, called an escrow agent. The escrow agent holds the item until the dispute is resolved, at which point they release it to the party who is entitled to it.