Castler - About the company
Castler is a seed company based in Delhi (India), founded in 2020 by Vineet Kumar Singh, Ritesh Tiwari and Kumar Amit Sinha. It operates as an Escrow-based banking solutions for consumers and businesses. Castler has raised $8.12M in funding from investors like Flipkart, LetsVenture and Angel List, with a current valuation of $*****. The company has 448 active competitors, including 29 funded and 39 that have exited. Its top competitors include companies like Prosegur, LCL and Escrow.com.
Company Details
Escrow-based banking solutions for consumers and businesses. It offers multiple solutions for financial institutions and consumers. It provides escrow-based lending solutions for fund disbursals and collection processes, e-KYC solutions, buyer and seller transaction solutions with two-factor authentication, QR-based escrow solutions, and more.
- Website
- castler.com
- Email ID
- *****@castler.com
- Phone Number
- +91 **********
- Registered Address
- 316/274 Western Marg, Garden of Five Senses Road, South Delhi, NEW DELHI, Delhi, India, 110030
Key Metrics
Founded Year
2020
Location
Delhi, India
Stage
Seed
Total Funding
$8.12M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Nov 06, 2024
Ranked
3rd among 448 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
85 as on Aug 31, 2025
Similar Companies
Legal entities associated with Castler
Castler is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Ncome Tech Solutions Private Limited CIN: U63119DL2019PTC343981 , India, Active | Jan 08, 2019 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 34 (As on May 01, 2026) |
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Castler's funding and investors
Castler has raised a total funding of $8.12M over 6 rounds. Its first funding round was on Jul 15, 2020. Its latest funding round was a Seed round on Nov 06, 2024 for $*****. 1 investor participated in its latest round. Castler has 37 institutional investors and 53 angel investors.
Here is the list of recent funding rounds of Castler:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 06, 2024 | 8350226 | Seed | 7661824 | 9667874 | 9213931 | 3798024 |
May 10, 2023 | 7128821 | Seed | 9864037 | 2658970 | 9793596 | |
Aug 26, 2022 | 1136396 | Seed | 6307004 | 2970408 |
View details of Castler's funding rounds and investors
Castler's founders and board of directors
Founder? Claim ProfileThe founders of Castler are Vineet Kumar Singh, Ritesh Tiwari and Kumar Amit Sinha. Vineet Kumar Singh is the CEO of Castler.
Here are the details of Castler's key team members:
- Vineet Kumar Singh: Co-Founder & CEO of Castler. They are also an angel investor in 3 startups and serve on the board of 1 company.Contact Info: 1 phone number
- Ritesh Tiwari: Co-Founder & Chief Product Officer of Castler. Contact Info: 1 email address
- Kumar Amit Sinha: Co-Founder & COO of Castler. Contact Info: 1 email address and 1 phone number
Castler's Board of Directors
Castler's board has 2 active members. Vineet Kumar Singh and Dinesh Kumar are part of team.Here is the list of Castler's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 7y 8m | |
Team | - | Current | 5y 5m | |
oidygoi | Independent board member | - | Past | 7y 5m |
View details of Castler's Founder profiles and Board Members
Castler's employee count trend
Castler has 85 employees as of Aug 25. The total employee count is 18.0% more than what it was in Aug 24. Here is Castler's employee count trend over the years:
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Castler's Competitors and alternates
Top competitors of Castler include Prosegur, LCL and Escrow.com. Here is the list of Top 10 competitors of Castler, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of security solutions with manned guarding, logistics, alarms, cybersecurity, and private security internationally | - | 68/100 | ||
2nd | Commercial bank | - | - | 63/100 | |
3rd | Escrow-based banking solutions for consumers and businesses | $8.12M | 60/100 | ||
4th | Escrow.com 1999, Rancho Santa Margarita (United States), Acquired | Licensed escrow service provider | $30M | 59/100 | |
5th | The Clearing House 1853, New York City (United States), Unfunded | Provider of payment systems and related services for banks and financial institutions | - | - | 54/100 |
6th | Principality Building Society 1860, Cardiff (United Kingdom), Unfunded | Provider of savings, mortgages, and investment services | - | - | 50/100 |
7th | Kommunalkredit 1958, Vienna (Austria), Acquired | Provider of business process outsourcing | - | - | 48/100 |
8th | GlobalCorp 2015, Cairo (Egypt), Acquired | Provider of financial services | - | 48/100 | |
9th | GLAS 2011, London (United Kingdom), Acquired | Provider of agency, debt administration, trustee, and related financial services | - | 47/100 | |
10th | PayKeeper 2004, South Jordan (United States), Seed | Provider of condition-based payment processing and escrow management execution engine | $3.24M | - | 46/100 |
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Castler's Investments and acquisitions
Castler has made no investments or acquisitions yet.
Reports related to Castler
Here is the latest report on Castler's geography:
News related to Castler
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Castler Launches “CastlerCode”- India’s First Cloud Native Source Code Escrow ServiceExpress Computer•Aug 03, 2024•Castler
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Castler partners with AWS to offer secure Source Code Escrow SolutionBusiness Line•Aug 02, 2024•Castler
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Escrow banking platform Castler onboards Flipkart as investor; closes pre-Series A roundYourStory•Sep 27, 2023•Castler, Faad Capital, 9Unicorns, Venture Catalysts and 6 others
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Flipkart invests in five early-stage tech start-upsNew Indian Express•Sep 26, 2023•Flipkart, Algomage, Flexifyme, NimbleBox.ai and 2 others
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Flipkart Ventures invests in 5 early-stage tech startupssiliconindia•Sep 25, 2023•Flipkart, Algomage, Castler, Flexifyme and 3 others
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Flipkart To Invest $20 Mn In New In-House Credit Marketplace StartupInc42•Sep 20, 2023•Flipkart, Axis Bank, Algomage, Castler and 3 others
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Capital 2B IIFL Fintech Fund Lead 5 M Round For Zerodha backed CastlerBW Businessworld•May 10, 2023•Castler, IIFL Finance, Capital 2B, Venture Catalysts and 7 others
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Neo-realty platform MYRE Capital ties up with Castler for digital escrow serviceBusiness Line•Mar 20, 2023•Castler, MYRE Capital
•
Castler to offer digital escrow services to Yes Bank customersThe Hindu•Aug 17, 2022•Castler, Yes Bank
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