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AvantCredit racks up $275 mln from Tiger Global and VPC

Chicago-based online consumer lender AvantCredit said Wednesday that it has raised $75 million in a Series C round led by Tiger Global Management. Also, AvantCredit has secured a $200 million credit facility led by Victory Park Capital. The funding brings the company’s total equity and debt financing to more than $300 million.

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VC-backed One Kings Lane appoints new CEO

One Kings Lane has named Dinesh Lathi as CEO and member of the board of directors. Previously, Lathi was the firm’s chief operating and financial officer. Headquartered in San Francisco, One Kings Lane is an online home decor retailer. Its backers include Mousse Partners, Scripps Networks Interactive, Kleiner Perkins, Greylock Partners, IVP and Tiger Global Management.

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Tiger Global leads Series B round for Peloton

Peloton said Thursday that it has secured $10.5 million in Series B funding. Tiger Global led the round. Headquartered in New York City, Peloton is a provider of at-home fitness solutions for live and on-demand indoor cycling classes.

Cybersecurity startup Sentinel Labs attracts $12 mln

Sentinel Labs has closed $12 million in Series A funding. Tiger Global led the round with participation from Accel Partners, Data Collective, Granite Hill Capital Partners and The Westly Group. Based in Palo Alto, Calif. and Tel Aviv, Sentinel Labs is a cybersecurity firm..

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Tiger Global raises $1.5B venture fund

Tiger Global has raised a new $1.5 billion venture capital fund, according to a filing with the Securities and Exchange Commission. The New York-based fund, Tiger Global Private Investment Partners VIII, is slightly smaller than its predecessor.

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Trending on peHUB this week: corporate VC, Tiger Global, Carlyle, HarbourVest, Florida, Brazos Private Equity, New York City Comptroller, Vector Capital, Visa, Nyca, Energy Future Holdings, PE jobs, fintech

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VC-backed OnDeck hires new SVP of technology

OnDeck has hired Pamela Rice as senior vice president of technology. Previously, Rice worked at PayPal. Headquartered in New York City, OnDeck, which is backed by Google Ventures, SAP Ventures, RRE Ventures, Tiger Global and Institutional Venture Partners, is a small business lender.

Flipkart raises $160 mln – Reuters

Indian e-commerce company Flipkart has raised $160 million from private equity investors, writes Reuters. The Bangalore-based company had raised $200 million in July from existing investors including South Africa’s media and e-commerce company Naspers and private equity funds Tiger Global and Accel Partners.

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