<ul><li>Digital lending firm LoanTap raises Rs 74 crore in a pre-Series C funding round, including Rs 54 crore in equity led by July Ventures.</li><li>Additional Rs 20 crore raised through venture debt to expand supply chain financing offerings for small retailers.</li><li>LoanTap's focus is on addressing the Rs 33.2 lakh crore MSME credit gap through their proprietary credit assessment engine, BICRI.</li><li>LoanTap has acquired over 50,000 retailers, financed 4.5 lakh invoices worth over Rs 1000 crore, and aims to reach 2 lakh retailers and fund a million invoices in the next 12 months.</li></ul>

Digital lending firm LoanTap raises Rs 74 crore to fuel its supply chain financing ambition

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