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 as of April 06, 2024. 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 as on 06 Apr, 2024
- Founders Kumar Amit Sinha, Dinesh Kumar, Vineet Kumar Singh
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Ncome Tech Solutions Private Limited
- Date of Incorporation 08 Jan, 2019
- Jurisdiction Delhi, India
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Annual Revenue
$196.39 K (USD)264.92as on Mar 31, 2023
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Net Profit
-$411.22 K (USD)-1112.63as on Mar 31, 2023
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EBITDA
-$327.85 K (USD)-1393.02as on Mar 31, 2023
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Total Equity Funding
$8.01 M (USD)
in 6 rounds
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Latest Funding Round
$18.07 K (USD), Seed
Nov 06, 2024
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Investors
Flipkart
& 91 more
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Employee Count
40
as on Apr 06, 2024
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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.
People of Castler
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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.
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.
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Venture capital firm focused on technology companies
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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Angel network focused on early-stage investments
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Investor details for Castler
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Investments & Acquisitions by Castler
Investment portfolio details for Castler
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Financial Statements - Castler
Detailed financials for Castler
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Castler Comparisons
Peer comparison for Castler
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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 year | HQ Location | Description |
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Escrow payment solutions are provided for businesses and marketplaces.
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Digital escrow solution for buyers and sellers
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Escrow-based digital payments are provided for secure buyer-seller transactions.
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Provides digital escrow platform for secure, transparent payments in various industries.
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Provides escrow-based banking solutions for consumers and businesses.
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Detailed competitors of Castler
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Latest news on Castler
Complete news archive for Castler
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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.
As of Apr 06, 2024, the latest employee count at Castler is 40.
Annual revenue of Castler is $196.39K as on Mar 31, 2023.
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.