Team Startupcity

·  LoanTap secures Rs 74 Cr in pre-Series C round to expand MSME-focused supply chain financing.

·  Proprietary credit tool BICRI helps bridge India's Rs 33.2 lakh Cr MSME credit gap with data-led insights.

·  Over 4.5 lakh invoices funded, Rs 1000 Cr disbursed; aims to onboard 2 lakh retailers in next 12 months.

Digital lending platform LoanTap has successfully raised Rs 74 crore in a pre-Series C funding round to help fuel its supply chain financing goals. The round has seen Rs 54 crore in equity, headed by July Ventures, with existing backers such as 3one4 Capital, Avaana Capital, Kae Capital, and the Swapurna Family Office, a long-standing supporter, also joining in. Another Rs 20 crore was raised through venture debt, targeted specifically towards enhancing financing solutions for small retailers.

LoanTap, via its NBFC subsidiary LT Credit, is filling India's huge Rs 33.2 lakh crore MSME credit deficit with its in-house BICRI (Business Indicator for Credit Ratings in India) engine. The tool-driven assessment is backed by transparent credit scores for small enterprises and directly integrates with B2B e-commerce platforms, enabling distributors to grow credit limits cost-effectively.

With more than 50,000 retailers signed up in the last two years, LoanTap has funded 4.5 lakh invoices worth Rs 1,000 crore of disbursals. Now the company plans to double its reach to 2 lakh retailers and raise 1 million invoices with average ticket sizes of Rs 8,000-Rs 15,000 in the next year.

Satyam Kumar, CEO & Co-founder, stated, “India’s MSME landscape is evolving fast. With BICRI and our embedded credit model, we’re enabling both capital access and credit readiness to empower small retailers nationwide.”

July Ventures added, “LoanTap is uniquely positioned with a strong tech-led approach to address the MSME credit gap. We’re thrilled to support their next phase of scalable growth.”