Wow! Momo has raised Rs 410 crore from Khazanah Nasional Berhad and Oaks Capital Management with a valuation of over Rs 2,400 crore for the company, according to TOI report. The fundraising including both primary as well as secondary infusion will give partial exit to some present investors—Light House Funds and Indian Angel Network. According…
Quick service restaurant chain Wow! Momo Foods said it has raised Rs 125 crore from OAKS Asset Management, according to PTI report. The firm, which operates three brands — Wow! Momo, Wow! China and Wow! Chicken, said the funding is “part of a two tranche-raise with the second one being planned with another VC Fund”.…
India focused private equity manager, OAKS Asset Management has launched second private equity fund. “OAKS Consumer Fund will have a total target of around Rs 500 crore with a green shoe option of another Rs 250 crore”, company executives informed ‘The Economic Times’. Vivek Anand PS, Founder and MD said that the Rs 500 crore…