About Us
Our Story
Our Story
Our Story
In early 2020, our founder, Vineet sold his car to an i-buying used car platform. They promised him payment in 30 minutes, but Vineet received the payment after 10 days and after long and arduous follow-up. During these 10 days he felt the usual pangs of fear, insecurity and anger that any short-changed customer would feel.
This incident left an impression on Vineet’s mind, and he decided that his next venture would be about “Eradication of Fraud”. And thus, Castler was born.
During our journey, the vision of Castler has evolved from not only solving the problem of fraud for consumers to also solving key problems facing our industry and country at large. India is poised to become the third largest economy in the world over the next 5 years and sky is the limit if we can solve some of the key problems facing consumers and businesses.
In early 2020, our founder, Vineet sold his car to an i-buying used car platform. They promised him payment in 30 minutes, but Vineet received the payment after 10 days and after long and arduous follow-up. During these 10 days he felt the usual pangs of fear, insecurity and anger that any short-changed customer would feel.
This incident left an impression on Vineet’s mind, and he decided that his next venture would be about “Eradication of Fraud”. And thus, Castler was born.
During our journey, the vision of Castler has evolved from not only solving the problem of fraud for consumers to also solving key problems facing our industry and country at large. India is poised to become the third largest economy in the world over the next 5 years and sky is the limit if we can solve some of the key problems facing consumers and businesses.
In early 2020, our founder, Vineet sold his car to an i-buying used car platform. They promised him payment in 30 minutes, but Vineet received the payment after 10 days and after long and arduous follow-up. During these 10 days he felt the usual pangs of fear, insecurity and anger that any short-changed customer would feel.
This incident left an impression on Vineet’s mind, and he decided that his next venture would be about “Eradication of Fraud”. And thus, Castler was born.
During our journey, the vision of Castler has evolved from not only solving the problem of fraud for consumers to also solving key problems facing our industry and country at large. India is poised to become the third largest economy in the world over the next 5 years and sky is the limit if we can solve some of the key problems facing consumers and businesses.
Problem Statements
Problem Statements
Problem Statements
Problems Faced by Consumers
Problems Faced by Consumers
Problems Faced by Consumers
680% increase in frauds between 2013 to 2018
680% increase in frauds between 2013 to 2018
As per a Microsoft report, payment frauds have increased by 81% in India in CY 2020
As per a Microsoft report, payment frauds have increased by 81% in India in CY 2020
Problems Faced by Regulators
Problems Faced by Regulators
Problems Faced by Regulators
The virtual layers of accounts being used by current incumbents has been misused humongously.
The virtual layers of accounts being used by current incumbents has been misused humongously.
Identity of Transacting Parties in Collection/ Settlements/ Payouts in not being solved for by current incumbents
Identity of Transacting Parties in Collection/ Settlements/ Payouts in not being solved for by current incumbents
The problem of money laundering which is critical for the security of our nation has increased with greater Fintech adoption.
The problem of money laundering which is critical for the security of our nation has increased with greater Fintech adoption.
Problems Faced by Businesses
Problems Faced by Businesses
Problems Faced by Businesses
Around $17 Bn Lost in the last 12 months due to fraud
Around $17 Bn Lost in the last 12 months due to fraud
49% of businesses have encountered frauds in their lifetime causing 3.4 x increase in total realized loss
49% of businesses have encountered frauds in their lifetime causing 3.4 x increase in total realized loss
Avg. commercial claim value settlement is 31% after an avg. of 1,445 days to resolve the same
Avg. commercial claim value settlement is 31% after an avg. of 1,445 days to resolve the same
Escrow has been used globally to solve the problem of trust deficit, money security and identity validation widely
Escrow has been used globally to solve the problem of trust deficit, money security and identity validation widely
Escrow has been used globally to solve the problem of trust deficit, money security and identity validation widely
Tedious Documentation
Tedious Documentation
Up to 30 Days for Escrow Agreement
Up to 30 Days for Escrow Agreement
Time Consuming
Time Consuming
Up to 140 Days to open an Escrow Account
Up to 140 Days to open an Escrow Account
High Cost
High Cost
Banks | Trustee | Lawyers
Banks | Trustee | Lawyers
Supply Demand Mismatch
Supply Demand Mismatch
Unmet Demand over 90% at Banks
Unmet Demand over 90% at Banks
Castler is building the Escrow infrastructure for the future of money management in India
Castler is building the Escrow infrastructure for the future of money management in India
Castler is building the Escrow infrastructure for the future of money management in India
Castler combines the functions of an escrow service, a trusteeship service, and transaction management tools to provide a comprehensive solution for managing escrow transactions. The company’s focus on Digital Identifier aims to offer a user-friendly, efficient, and secure experience for managing payments and settlement. By providing all these services in one platform, Castler aims to simplify the escrow processes and provide a better experience for its users.
Castler combines the functions of an escrow service, a trusteeship service, and transaction management tools to provide a comprehensive solution for managing escrow transactions. The company’s focus on Digital Identifier aims to offer a user-friendly, efficient, and secure experience for managing payments and settlement. By providing all these services in one platform, Castler aims to simplify the escrow processes and provide a better experience for its users.
Castler combines the functions of an escrow service, a trusteeship service, and transaction management tools to provide a comprehensive solution for managing escrow transactions. The company’s focus on Digital Identifier aims to offer a user-friendly, efficient, and secure experience for managing payments and settlement. By providing all these services in one platform, Castler aims to simplify the escrow processes and provide a better experience for its users.
Our Vision
Our Vision
Our Vision
Our vision is to build the operating system for the future of money management, to make India the world’s number 1 economy by 2050.
Our vision is to build the operating system for the future of money management, to make India the world’s number 1 economy by 2050.
Our vision is to build the operating system for the future of money management, to make India the world’s number 1 economy by 2050.
Our Mission
Our Mission
Our Mission
Our mission is to turn up every day and do the best possible to solve key problems of consumers, enterprises, regulators and our country.
Our mission is to turn up every day and do the best possible to solve key problems of consumers, enterprises, regulators and our country.
Our mission is to turn up every day and do the best possible to solve key problems of consumers, enterprises, regulators and our country.
India’s Best Escrow Banking Team
India’s Best Escrow Banking Team
India’s Best Escrow Banking Team
Having 50+ years of experience
Having 50+ years of experience
Having 50+ years of experience
Founders are specialists in building & scaling large & profitable billion-dollar businesses on the pillars of good governance and responsible growth.
Founders are specialists in building & scaling large & profitable billion-dollar businesses on the pillars of good governance and responsible growth.
Founders are specialists in building & scaling large & profitable billion-dollar businesses on the pillars of good governance and responsible growth.
Vineet Singh
Vineet Singh
Vineet Singh
Founder & CEO
Founder & CEO
Founder & CEO
Vineet Singh is a seasoned entrepreneur with 25+ years of experience in various sectors including Payments, PropTech, E-commerce & Classifieds. He has achieved stupendous success with Naukri & 99acres as market leaders. In his last role at Mobikwik, he served as the Chief Business Officer.
Vineet Singh is a seasoned entrepreneur with 25+ years of experience in various sectors including Payments, PropTech, E-commerce & Classifieds. He has achieved stupendous success with Naukri & 99acres as market leaders. In his last role at Mobikwik, he served as the Chief Business Officer.
Dinesh Kumar
Dinesh Kumar
Dinesh Kumar
Co-Founder & CBO
Co-Founder & CBO
Co-Founder & CBO
Dinesh is an experienced business builder with a track record of successfully building and scaling enterprise businesses in jobs, proptech, and hospitality for over 20 years- Naukri ,99acres, Treebo, and Magicbricks.
Dinesh is an experienced business builder with a track record of successfully building and scaling enterprise businesses in jobs, proptech, and hospitality for over 20 years- Naukri ,99acres, Treebo, and Magicbricks.
Kumar Amit Sinha
Kumar Amit Sinha
Kumar Amit Sinha
Co-Founder & COO
Co-Founder & COO
Co-Founder & COO
An alumnus of the Chicago Booth School of Business, Amit has more than 18 years of experience across entrepreneurship, corporate and social domains, was Head – Enterprise Business at Razorpay and managed a P&L of over a billion dollars.
An alumnus of the Chicago Booth School of Business, Amit has more than 18 years of experience across entrepreneurship, corporate and social domains, was Head – Enterprise Business at Razorpay and managed a P&L of over a billion dollars.
Ritesh Tiwari
Ritesh Tiwari
Ritesh Tiwari
Co-Founder & CPO
Co-Founder & CPO
Co-Founder & CPO
With more than a decade of experience across Financial Institutions like Barclay’s, Visa Europe & Omnio, Ritesh comes with a very deep understanding of Global Payments Ecosystem & Indian Transaction Banking Space.
With more than a decade of experience across Financial Institutions like Barclay’s, Visa Europe & Omnio, Ritesh comes with a very deep understanding of Global Payments Ecosystem & Indian Transaction Banking Space.
We Are India's Largest
Trust-as-a-Service Platform
If you are in these industries, consider Digital Identifier to safeguard your money!
15 months, 10 people & 1000 Cr monthly GTV: Castler is pioneering an emerging industry in India.
Ex-Razorpay VP Kumar Amit joins Castler as Co-founder & COO
Castler raises $5m from Capital 2B, IIFL and other India deals worth $63m.
Digital Identifier: Fast, Safe, Trustworthy.
Nithin Kamath-Owned Rainmatter, Others Back Fintech Startup Castler.
Capital 2B, IIFL Fintech Fund Lead $5 M Round For Zerodha-backed Castler
Castler to offer Digital Identifier services to Yes Bank customers
Castler to offer Digital Identifier services to Yes Bank customers
Castler Launches India’s First Escrow Management API Sandbox for Fintech Players
Startup News And Updates: Daily Roundup (May 2, 2023)
12+ Banks
Banking Partners
6 Trustees
SEBI Authorised Trustee Partners
Top 6
Legal & Accounting Firms
600+
Enterprise Customers
10,000+
Active Escrows
6,00,000+
Escrow Transactions
Banking Partners
ICICI Bank
DBS Bank
And more...
SEBI Authorised Trustee Partners
Backed By
We Are India's Largest
Trust-as-a-Service Platform
12+ Banks
Banking Partners
6 Trustees
SEBI Authorised Trustee Partners
Top 6
Legal & Accounting Firms
600+
Enterprise Customers
10,000+
Active Escrows
6,00,000+
Escrow Transactions
If you are in these industries, consider Digital Identifier to safeguard your money!
15 months, 10 people & 1000 Cr monthly GTV: Castler is pioneering an emerging industry in India.
Ex-Razorpay VP Kumar Amit joins Castler as Co-founder & COO
Castler raises $5m from Capital 2B, IIFL and other India deals worth $63m.
Digital Identifier: Fast, Safe, Trustworthy.
Nithin Kamath-Owned Rainmatter, Others Back Fintech Startup Castler.
Capital 2B, IIFL Fintech Fund Lead $5 M Round For Zerodha-backed Castler
Castler to offer Digital Identifier services to Yes Bank customers
Castler Launches India’s First Escrow Management API Sandbox for Fintech Players
Startup News And Updates: Daily Roundup (May 2, 2023)
Banking Partners
ICICI Bank
DBS Bank
And more...
SEBI Authorised Trustee Partners
Backed By
We Are India's Largest
Trust-as-a-Service Platform
12+ Banks
Banking Partners
6 Trustees
SEBI Authorised Trustee Partners
Top 6
Legal & Accounting Firms
600+
Enterprise Customers
10,000+
Active Escrows
6,00,000+
Escrow Transactions
If you are in these industries, consider Digital Identifier to safeguard your money!
15 months, 10 people & 1000 Cr monthly GTV: Castler is pioneering an emerging industry in India.
Ex-Razorpay VP Kumar Amit joins Castler as Co-founder & COO
Castler raises $5m from Capital 2B, IIFL and other India deals worth $63m.
Digital Identifier: Fast, Safe, Trustworthy.
Nithin Kamath-Owned Rainmatter, Others Back Fintech Startup Castler.
Capital 2B, IIFL Fintech Fund Lead $5 M Round For Zerodha-backed Castler
Castler to offer Digital Identifier services to Yes Bank customers
Castler Launches India’s First Escrow Management API Sandbox for Fintech Players
Startup News And Updates: Daily Roundup (May 2, 2023)
Banking Partners
ICICI Bank
DBS Bank
And more...
SEBI Authorised Trustee Partners
Backed By
Backed by Enterprise-Grade Security
PCI-DSS Level 1 Compliant
We adhere to the highest level of security standards for handling and ensure secure processing and storage.
PCI-DSS Level 1 Compliant
We adhere to the highest level of security standards for handling and ensure secure processing and storage.
SOC-II (Under Implementation)
We ensure trust and compliance in data handling practices.
SOC-II (Under Implementation)
We ensure trust and compliance in data handling practices.
ISO 27001 (Under Implementation)
We ensure secure and efficient transactions across our platforms and systems.
Frequently Asked Questions
Frequently Asked Questions
What is Software Escrow?
What is Software Escrow?
What is Software Escrow?
Why Software escrow is required?
Why Software escrow is required?
Why Software escrow is required?
What is the process to create Software escrow with Castler?
What is the process to create Software escrow with Castler?
What is the process to create Software escrow with Castler?
Is my code safe with Castler?
Is my code safe with Castler?
Is my code safe with Castler?
How can I deposit my code as a seller in Castler’s Software escrow?
How can I deposit my code as a seller in Castler’s Software escrow?
How can I deposit my code as a seller in Castler’s Software escrow?
How will the source codes be released?
How will the source codes be released?
How will the source codes be released?
Who will verify the source codes kept with Castler?
Who will verify the source codes kept with Castler?
Who will verify the source codes kept with Castler?
How can I start my software escrow journey at Castler?
How can I start my software escrow journey at Castler?
How can I start my software escrow journey at Castler?
Software Escrow is mandatory for all regulated entities as per RBI master direction dated November 7th, 2023
Software Escrow is mandatory for all regulated entities as per RBI master direction dated November 7th, 2023
Software Escrow is mandatory for all regulated entities as per RBI master direction dated November 7th, 2023
CastlerCode is a groundbreaking cloud-native software escrow solution. It offers seamless integration, automates source code deposits, and grants you secure access from anywhere, anytime.
CastlerCode is amongst the world's first cloud-native software escrow solution offering cloud-storage for Software, Source-Code & SaaS in an escrow environment.
Software Escrow
Escrow Solution
Source Code Escrow
Software Escrow
SaaS Escrow
Information Escrow
IP Protection
Document Escrow
Trade Secret Escrow
Register Data Escrow
Data Escrow
Intellectual Property Archive
Intellectual Property Audit
Verification Service
L1 Verification
L2 Verification
L3 Verification
Physical Vault
Escrow Banking
Investment Escrow
Marketplace
Lending escrow
Fintech escrow
Real estate escrow
Mergers & acquisition
Regulator mandated escrow
Profit sharing
Franchisor-Franchisee
Dealer-Distributor
Dispute resolution
Litigation escrow
Trust & retention account (TRA)
Liquidation
CastlerCode is a groundbreaking cloud-native software escrow solution. It offers seamless integration, automates source code deposits, and grants you secure access from anywhere, anytime.
CastlerCode is amongst the world's first cloud-native software escrow solution offering cloud-storage for Software, Source-Code & SaaS in an escrow environment.
Software Escrow
Escrow Solution
Source Code Escrow
Software Escrow
SaaS Escrow
Information Escrow
IP Protection
Document Escrow
Trade Secret Escrow
Register Data Escrow
Data Escrow
Intellectual Property Archive
Intellectual Property Audit
Verification Service
L1 Verification
L2 Verification
L3 Verification
Physical Vault
Escrow Banking
Investment Escrow
Marketplace
Lending escrow
Fintech escrow
Real estate escrow
Mergers & acquisition
Regulator mandated escrow
Profit sharing
Franchisor-Franchisee
Dealer-Distributor
Dispute resolution
Litigation escrow
Trust & retention account (TRA)
Liquidation
CastlerCode is a groundbreaking cloud-native software escrow solution. It offers seamless integration, automates source code deposits, and grants you secure access from anywhere, anytime.
CastlerCode is amongst the world's first cloud-native software escrow solution offering cloud-storage for Software, Source-Code & SaaS in an escrow environment.
Software Escrow
Escrow Solution
Source Code Escrow
Software Escrow
SaaS Escrow
Information Escrow
IP Protection
Document Escrow
Trade Secret Escrow
Register Data Escrow
Data Escrow
Intellectual Property Archive
Intellectual Property Audit
Verification Service
L1 Verification
L2 Verification
L3 Verification
Physical Vault
Escrow Banking
Investment Escrow
Marketplace
Lending escrow
Fintech escrow
Real estate escrow
Mergers & acquisition
Regulator mandated escrow
Profit sharing
Franchisor-Franchisee
Dealer-Distributor
Dispute resolution
Litigation escrow
Trust & retention account (TRA)
Liquidation