Digital Lending Startup LoanTap Raises $8M Led by 3one4 Capital
Strong compliance and corporate governance practices find takers even in tepid waters. Amidst the liquidity concerns in NBFC sector, LoanTap has raised more than $8 million through a combination of Equity and Debt instruments, between October to December, 2018.
OneAssist Raises $18M in Series C; VoxWeb Gets $1M; LoanTap Bags $4M & ExploreLifeTraveling Secures Seed Funding
The equity infusion of Rs 10 crore was led by Kae Capital with participation from LoanTap’s existing investors including India Quotient. The rest of the capital came in the form of debt from IFMR, Muthoot Finance and MAS Finance. The startup which was launched in May last year, had earlier raised $3 million.