Mumbai based online lending platform raised $6.5m led by China based VC firm Shunwei Capital.
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India based online lender LoanTap raised $6.5m from Shunwei Capital
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“We are quite interested in the personal loan and consumption space in India and find it quite an under-penetrated market. LoanTap, with its strict credit quality algorithm, is well placed to capture this market,” Tuck Lye Koh of Shunwei Capital said in the statement.
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