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FinTech

LoanTap Bags INR 74 Cr To Bolster Supply Chain Financing


SUMMARY

LoanTap has secured INR 74 Cr in a mix of equity and debt round of funding

The company raised INR 54 Cr in equity, while the remaining INR 20 Cr was raised via venture debt

The capital raised will facilitate the expansion of its supply chain financing offerings for small retailers

Pune-based fintech startup LoanTap has raised Pre-Series C funding of INR 74 Cr (around $8.6 Mn) in a mix of equity and debt infusion.

The company raised INR 54 Cr (around $6.3 Mn) in equity, led by July Ventures with additional…



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