Startup Mojostreet announced today that it has secured $350,000 funding for its location-based mobile game. The funding was led by Mr Srini Koppolu, former MD of Microsoft India R&D, and Mr J.A. Chowdary, former MD of Nvidia(India). Mr Kalyan Manyam, Founder & CEO, Mojostreet, said, “With 600 million plus mobile phones across India and data plans becoming more affordable, location based services are going to play a crucial role in community based entertainment and e-commerce. We are excited about the possible ways Mojostreet can influence real world experiences and commerce.” Mojostreet is a location-based real world game, friend finder, city guide, social network and rewards all rolled into one app on your smartphone. It lets you compete with your friends through location specific actions. Mojostreet will be made available for Blackberry, Nokia, IPhone and Android users. The service is expected to be made available via a invite only private beta by first week of May, according to a company release. — Our Bureau

(This article was published in the Business Line print edition dated April 14, 2011)
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