Mumbai based LoanTap Financial Technologies, a digital platform that makes customised loans available to salaried professionals, has raised $12 million in a Series B round led by private equity firm Avaana Capital. The latest infusion takes the total capital raised by the company to $25 million. Returning  investors in the Series B round include 3one4 Capital, India Quotient, Shunwei Capital and Kae Capital, the company said in a statement. LoanTap last raised $8 million in January this year in a round led by Bengaluru based venture capital firm 3one4 Capital.