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LoanTap Bags INR 74 Cr To Bolster Supply Chain Financing

  • Pune-based fintech startup LoanTap raised INR 74 Cr in Pre-Series C funding through a mix of equity and debt infusion.
  • INR 54 Cr was raised in equity led by July Ventures, along with existing investors like 3one4 Capital, Avaana Capital, Kae Capital, and Swapurna Family Office.
  • An additional INR 20 Cr was received in venture debt to expand supply chain financing offerings for small retailers.
  • LoanTap was founded in 2016, offers various credit solutions, and aims to focus on invoice financing for MSME growth in India.

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