Startup News – 17th November 2017

Startup updates for the day:

• Ed-tech startup Perspectico has raised an undisclosed amount of seed funding from SSCBS Innovation and Incubation Foundation.
• Eyewear retailer Lenskart.com, is in talks with investors to raise the series E round, reported VCCircle.
• Shopclues is reportedly in talks of a merger with Flipkart and Paytm.
• US-based software and ecommerce service firm Ebix Inc. is picking 50% in Kanoria Foundation’s IT services firm Vara Technologies.
• Hyderabad-based Viven Infomedia, which operates Kahaniya.com, an online storytelling platform in regional languages, has raised $200,000 (Rs 1.29 crore) in a seed funding round.
  
• Uber India has launched a host of new (basic) features including ‘request for a guest’, ‘call to ride’ and AI-enabled offline search facility for its users.
  
•  Myntra has been aggressively scaling its network of kirana stores under the MENSA Network programme.
• Rajasthan government has announced its two-day mega event (2nd and 3rd Dec.) ‘Rajasthan Digifest’, including a 24-hour coding hackathon.
  
• The country’s largest cinema operator PVR Ltd, has acquire stake in US-based luxury restaurant and theatre company iPic Gold Class Entertainment LLC (iPic).
  
• Eurofins Scientific, a global leader in bio-analytical testing, has acquired Spectro Analytical Labs Limited, a Noida-based analytical product testing and inspection company.

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