Indian Stealth Startup Mojostreet Secures $350K From Former Microsoft VP, Others

Hyderabad-based Mojostreet , a location-based mobile gaming startup, announced today that it has received $350K in seed funding, led by Srini Koppolu , former Managing Director of Microsoft India and J.A. Chowdary former Managing Director of Nvidia India. Mojostreet will use its infusion of capital to ramp up hiring efforts and to assist in the startup's beta launch in early May. Like a mix of its American counterparts Foursquare , SCVNGR , and Booyah's My Town, Mojostreet's first product is a location-based app, which will allow users to check in at various point of interests in a game format. At launch, Mojostreet will be restricted to 5.5 million locations in India, but Founder and CEO Kalyan Manyam said that he hopes to launch Mojostreet in the U.S. and Singapore shortly thereafter.