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Moodoo receives funding from University of Oxford

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ANI New Delhi
Last Updated : Jan 19 2016 | 5:02 PM IST

Moodoo, a get-together app, recently made headlines after it received initial round of funding of Euro 20,000 from The University of Oxford's Said Business School Seed Fund.

The fund, which invests in early-stage, alumni-founded companies, selected moodoo as one of only three successful applicants for seed funding.

Moodoo is officially slated to launch in India in the month of January 2016. The app, which will roll out on both Android and iOS platforms, will be the simplest and quickest way to connect with friends in real life.

Expanding upon the company's vision, Lucy Gadkari, Founder of moodoo said, "Technology is increasingly streamlining the world around us today, and making us more connected than ever. But we believe that nothing can replace sharing experiences in person."

"With moodoo, our intention is to make that happen more often, more spontaneously and more simply. We are thrilled that the University of Oxford's Saïd Business School Seed Fund believed in our vision and we feel humbled to have been chosen as one of the few start-ups to receive their support. We're excited to launch in India in January 2016 and we hope that it will pave the way for moodoo becoming the go-to app for meeting up with friends," said Lucy Gadkari.

Lucy Gadkari, CEO and Co-Founder of moodoo is a University of Oxford alumnus, and has gathered extensive experience in brand strategy before setting up moodoo.

She established the company with co-founder and CTO Vaibhav Sinha, who has over 15 years of experience in product development.

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First Published: Jan 19 2016 | 4:52 PM IST

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