Mojostreet gets $350k funding

Hyderabad-based startup Mojostreet has said that it had secured $350,000 (around Rs 1.5 crore) for its location-based mobile game. “With 600 million-odd 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 ecommerce,” Kalyan Manyam, founder and CEO of Mojostreet, said in a release on Tuesday.