Bottomline: VC-backed LoanTap’s AUM shrinks, NPAs jump amid funding delay
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Bottomline: VC-backed LoanTap’s AUM shrinks, NPAs jump amid funding delay

By Malvika Maloo

  • 30 Nov 2023
Pro
Bottomline: VC-backed LoanTap’s AUM shrinks, NPAs jump amid funding delay
Satyam Kumar and Vikas Kumar, co-founders, LoanTap

LoanTap, a digital lending startup that offers customised loans to salaried professionals, is going through a tough phase with its assets under management (AUM) shrinking amid a funding delay and its asset quality coming under pressure.  The startup, which counts venture capital firms 3one4 Capital, Kae Capital, India Quotient, Avaana Capital ......

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