About Castler
Castler is a company based in Delhi (India) founded in 2015 by Kumar Amit Sinha, Dinesh Kumar, and Vineet Kumar Singh. Castler has raised $8.01 million across 6 funding rounds from investors including Flipkart, Angel List and IIFL Finance. The company has 40 employees. Castler offers products and services including Enterprise Escrow, Transaction Banking Suite, and Exclusive Label Solutions. Castler operates in a competitive market with competitors including Tripartie, Dealsafe, GoCrow, Scrow and SkroPay, among others.
- Headquarter Delhi, India
- Employees 40
- Founders Kumar Amit Sinha, Dinesh Kumar, Vineet Kumar Singh
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Website castler.com
- Social LinkedIn X Facebook Instagram
- Legal Name Ncome Tech Solutions Private Limited
- Date of Incorporation 08 Jan, 2019
- Jurisdiction Delhi, India
- Annual Revenue₹16.03 Cr
FY 2025 · +161% YoY
- Net Loss-₹6.94 Cr
FY 2025 · -43% margin
- EBITDA-₹4.78 Cr
FY 2025 · -30% margin
- Total Equity Funding$8.01M (USD)
in 6 rounds
- Latest Funding Round$18.07K (USD), Seed
Nov 2024
- InvestorsFlipkart
& 91 more
- Employee Count40
Associated legal entities of Castler
Castler is associated with 2 registered companies on The Company Check; the primary company is Ncome Tech Solutions Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ncome Tech Solutions Private Limited CIN U63119DL2019PTC343981 | Active | 08 Jan 2019 | New Delhi, Delhi | ₹16.0 Cr | 40 | 4 | View details |
| Ncome Tech Solutions Private Limited CIN U72100DL2019PTC343981 | – | 08 Jan 2019 | Delhi, India | – | – | – | View details |
Products & Services of Castler
Castler offers a comprehensive portfolio of products and services, including Enterprise Escrow, Transaction Banking Suite, and Exclusive Label Solutions.
Platform for integrating escrow with banks and automating workflows.
Manages current and escrow accounts on a unified platform.
Customizable escrow platform for specific industry needs.
Funding Insights of Castler
Castler has successfully raised a total of $8.01M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $18.07 thousand completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $8.01M
- Total Rounds 6
- Last Round Seed — $18,067
- First Round $482,067
(Jul 2020)
- Investors Count 92
All 6 funding rounds of Castler with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2024 | $18,067 | Seed | – | – | |
| May 2023 | $6M | Seed | $19.65M | Capital 2B, IIFL Fintech Fund | |
| Aug 2022 | $500,000 | Seed | – | PointOne Capital, Angel List | |
| Jun 2022 | $1M | Seed | $9.21M | Rainmatter | |
| Aug 2021 | $14,262 | Seed | $••••• | Ratna Group | |
| Jul 2020 | $482,067 | Seed | $••••• | Deepak Kumar Gaddhyan, LetsVenture |
| Date | Valuation | Stage |
|---|---|---|
| May 2023 | $19.65M | •••••••• |
| Jun 2022 | $9.21M | •••••••• |
| Aug 2021 | $••••• | •••••••• |
| Jul 2020 | $••••• | •••••••• |
Full valuation and stage history of Castler
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
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Verified entity values are shown only after access is granted.
Last known valuation $19.65M (May 2023). 92 investors in total: 34 institutional and 58 angel.
Investors in Castler
Castler has secured backing from 92 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Flipkart, Angel List and IIFL Finance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on technology companies | – | capital2b.com | - | |
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
Angel network focused on early-stage investments | 2015 | faad.in | Delhi, India | |
Early-stage investments in fintech are targeted by IIFL Fintech Fund. | – | iiflfintechfund.tcc.mode | - | |
A startup accelerator offering funding and support to early-stage companies. | 2020 | 100unicorns.in | Mumbai, India | |
Private equity fund investing in multiple sectors | – | piperserica.vc | Mumbai, India | |
E-commerce startup acceleration and innovation programs focused on technology and partnerships in India. | 2020 | flipkartleap.com | Bengaluru, India | |
Venture capital firm backed by Info Edge and Temasek | – | infoedgeventures.in | Noida, India | |
Venture capital fund investing in pre-seed tech startups with support services. | 2020 | pointone.capital | Bengaluru, India | |
Indian fund focused on fintech, health, and climate initiatives. | – | rainmatter.com | Bengaluru, India |
Investor details for Castler
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Ncome Tech Solutions Private Limited (Castler)
Ncome Tech Solutions Private Limited is the primary company behind Castler. The board of Ncome Tech Solutions Private Limited currently have 4 directors; the longest-serving is Vineet Kumar Singh, appointed in 2019. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vineet Kumar Singh DIN 07091807 | Director | 08 Jan 2019 | 7 yrs 9 mo | Ncome Tech Solutions Private Limited |
| Dinesh Padmanabh Kumar DIN 09156062 | Director | 22 Apr 2021 | 5 yrs 5 mo | Ncome Tech Solutions Private Limited |
| Kumar Amit DIN 03599415 | Director | 06 Oct 2023 | 3 yrs | Ncome Tech Solutions Private Limited |
| Vansh Oberoi DIN 10211598 | Nominee Director | 06 Oct 2023 | 3 yrs | Ncome Tech Solutions Private Limited |
People of Castler
19 people are tracked at Castler (12 in leadership, 7 in team); the tracked headcount is 40.
| Name | Role | Group |
|---|---|---|
Kumar Amit Sinha | Co-Founder & COO | Leadership |
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
| CEO | Leadership | |
Nitin Rathi | Senior Vice President | Leadership |
Vikas Mishra | VP Techinal Program Manager | Leadership |
Shubham Jain | Senior Vice President - Growth | Leadership |
Prashant Singh | Regional Business Head | Leadership |
Priyanshu Raajput | Sr. Manager Founder's Office | Leadership |
Yash Shah | Regional Business Head | Leadership |
Ritesh Tiwari | Co-founder - Chief Product Officer | Leadership |
Kaustubh Mukhopadhyay | VP Tech And Product Strategy (founding Team) | Leadership |
Sumit Kumar | Technical Lead | Team |
Debarati Bhattacharya | Manager | Team |
Chandan Saw | Technical Architect | Team |
Mahiya Khan | Frontend Developer | Team |
Mrinal Khulbe | V.p Business Development | Team |
Srishti Yadav | Manager- Business Development | Team |
Anshara Fatima | Manager | Team |
Complete people profiles for Castler
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
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Financials of Castler
Figures of Ncome Tech Solutions Private Limited, the primary company behind Castler, for FY 2025. Revenue was ₹16.03 Cr (+161% year on year). Net loss was -₹6.94 Cr (-43% margin). EBITDA was -₹4.78 Cr (-30% margin). Revenue has grown at a compounded annual rate of +230% over three years and +267% over five years.
- ₹16.03 CrRevenue · FY 2025 · +161% YoY
- -₹6.94 CrNet loss · -43% margin
- -₹4.78 CrEBITDA · -30% margin
- ₹2 LakhPaid-up capital
- 40Employees (provident fund records)
- +230%Revenue CAGR, 3 years
- +267%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ncome Tech Solutions Private Limited are on its company page.
Detailed financial statements for Castler
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Castler
4 dated milestones of Castler across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Castler is founded.
- Funding First funding round of $482K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $18K.
Competitors of Castler
Castler operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tripartie, Dealsafe, GoCrow, Scrow and SkroPay, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tripartie.com | 2018 | Paris, France | – | – | Escrow payment solutions are provided for businesses and marketplaces. | |
| dealsafe.in | 2020 | Pune, India | $187,111 | – | Digital escrow solution for buyers and sellers | |
| gocrow.in | 2021 | Faridabad, India | $32,851 | – | Escrow-based digital payments are provided for secure buyer-seller transactions. | |
| scrow.co.in | 2024 | Delhi, India | – | – | Provides digital escrow platform for secure, transparent payments in various industries. | |
| skropay.com | 2021 | Pilani, India | – | – | Provides escrow-based banking solutions for consumers and businesses. | |
| trustopay.com | 2023 | Vadodara, India | – | – | A platform that protects buyers and sellers in online transactions | |
| pintrax.in | 2015 | Gurugram, India | – | – | Provides online escrow services for secure financial transactions. |
Detailed competitors of Castler
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Castler
The website of Castler (castler.com) receives about 14.1K visits a month.
- Monthly visits14.1K
▲ 3.2% vs previous month
Latest news on Castler
Complete news archive for Castler
Full article history, source details, and older brand coverage require an active premium plan.
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Similar companies to Castler
10 companies that operate in the same segment as Castler (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about Castler
Castler was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Castler is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Vineet Kumar Singh is the current CEO of Castler. They have also founded this company.
Castler is a funded company, having raised a total of $8.01M across 6 funding rounds to date. The company's 1st funding round was a Seed of $482.07K, raised on Jul 2020.
Castler has 40 employees.
The primary company behind Castler, Ncome Tech Solutions Private Limited, reported revenue of ₹16.03 Cr for FY 2025, up 161% year on year.
Castler was established in 2015 in Delhi, India, within the fintech sector. Escrow-based banking services are delivered to consumers and businesses, supporting financial institutions through various tools. These encompass lending solutions for fund disbursals and collections, e-KYC verification processes, transaction platforms for buyers and sellers with two-factor authentication, and QR-enabled escrow mechanisms. Operations emphasize secure financial transactions across domestic markets.
Castler offers Enterprise Escrow, Transaction Banking Suite, and Exclusive Label Solutions.
Castler has 92 investors. Key investors include Flipkart, Angel List, IIFL Finance, StrideOne, and Venture Catalysts.
The valuation of Castler is $19.65M as of May 2023.
Castler operates through Ncome Tech Solutions Private Limited.