Loantap funding, investors and company details
Loantap is an emerging Financial Services - Fintech - Lending startup from Pune, working in the space of Emphasis from consumer lending to helping small businesses. Founded by Satyam Kumar, Vikas Kumar.
- Company: Loantap Financial Technologies Private Limited
- Sector: Financial Services - Fintech - Lending
- Location: Pune
- Founders: Satyam Kumar, Vikas Kumar
- Total funding raised: ₹77.13 Cr
Company overview
Loantap, which was founded in 2016 by Satyam Kumar and Vikas Kumar, has changed its emphasis from consumer lending to helping small businesses, such as neighborhood pharmacies and stationery stores. At present time, it concentrates on providing credit lines to small retailers, primarily those with annual incomes under ₹20 lakh. They are able to pay their distributors thanks to these credit lines. The business, which operates in 26 cities, reaches these merchants through social media and brief videos.
Funding rounds
- Latest round: $ 6.20 Mn (₹53.13 Cr.), 2025-06-05. Investors: July Ventures, Avaana Capital, Kae Capital, The Swapurna Family Office, 3one4 Capital
- Past round: ₹24.00 Cr. ($ 2.90 Mn), 2023-02-07. Investors: Lighthouse Canton