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.