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

What is liquidation escrow?

Liquidation escrow is a process where a third party holds funds on behalf of two or more parties involved in a transaction. The third party, known as the escrow agent, is responsible for ensuring that the funds are transferred to the correct party once all of the conditions of the transaction have been met.