<ul><li>Loantap, a Pune-based digital lending platform, secures $6.2 million in fresh funding led by July Ventures and existing investors.</li><li>The total capital raised by Loantap now stands at around $26 million. Additionally, the company raised $2.3 million in venture debt.</li><li>The company pivoted from consumer lending to serving small businesses, focusing primarily on small merchant loans and has scaled down its unsecured consumer lending book.</li><li>Loantap aims to disburse around Rs 900 crore in loans by FY26, focusing on offering credit lines to small retailers and providing a middleware solution to financial institutions.</li></ul>

Loantap secures $6.2 million in fresh funding from July Ventures and existing investors

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