Transparency + Trust + Innovation
= Escrow Done Right
Castler is all about leveraging Technology, Expertise and Innovation to make escrow services more accessible and convenient for enterprises and consumers alike by digitising the escrow process. Transacting parties are caught in an uncertain payment environment right now. Frauds are commonplace, and fast, easy, and economical escrow services are impossible to access. We intend to fill the trust gaps that have arisen due to constantly evolving monetary frauds. With multi-party protection and different levels of authentication, we honor our commitment of making business dealings safer than ever.
The idea of forming Castler sparked when Vineet (Chief Castler) faced a major time delay while selling his car on an online marketplace. He was promised payment against the sale of his car within 30 minutes, but instead it took 10 days of follow up. Coincidentally, around the same time, one of his friends sold his new furniture and was scammed instead. He was duped of INR 18,290 through UPI on a prominent online marketplace. Consequently, the team realised the need for a safer transaction environment in India. With the vision of creating the most secure payment ecosystem possible, Castler’s entrepreneurial talent came together to create a product that would ingrain trust and faith in every transaction.
Meet Our Team
The founders of Castler bring to the table invaluable knowledge of multiple industries including fintech, marketplaces, real estate, and banking. They have contributed significantly to the growth of Naukri.com, 99acres, MobiKwik, MagicBricks, Treebo, Barclays, Kotak, Yes Bank, ICICI Bank, IndusInd Bank, OLX, VISA, Mastercard, Drivezy, and Shuttl. With extensive knowledge of business, the founders understand the payment problems faced in transactions inside-out. Their experience has helped them create the ideal digital escrow platform that everyone can utilise conveniently. Our founders strongly believe that creating a business is an immense responsibility. Vineet and Dinesh cumulatively have over 50+ years of scaling businesses from scratch, and raising the minimal profits of startups to over 100 crores. They grew the companies they helped scale to 1300-member-strong corporations built on trust, transparency, and accountability. Honest value-creation for their stakeholders is at the core of their work ethic and ideology, and Castler’s business practices imbibe this every step of the way.