Online lending startup LoanTap raises ₹25 crore

Maharashtra-based online lending startup LoanTap has raised over ₹25 crore in Series B funding. The funding, a mix of debt and equity, saw participation from Kae Capital, India Quotient, IFMR, and MAS Financial Services. Launched in 2016 by Satyam Kumar and Vikas Kumar, LoanTap allows users to make flexible single and bulk repayments of loans.

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