Pune based digital lending company Loantap has raised $12 million in its series B round of funding led by Avaana Capital. The current round also saw participation from existing investors India Quotient, Shunwei Capital, Kae Capital, and 3One4 Capital. “LoanTap has created a strong technology backbone which offers a superior customer experience. We tripled our loan book last year and the current round of funding will further fuel this growth,” said Satyam Kumar, chief executive officer, Loantap.