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…
Wow! Momo Foods that operates with 3 Brands; Wow! Momo, Wow! China and Wow! Chicken, elevates CMO Muralikrishnan as Co-founder. With this development, Murali also became part of the company’s board. Murali has been associated with Wow! Momo since inception; however officially joined the founders in the year 2018. Murali began by leading the store-level…
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”.…
Wow! Momo, a Kolkata-based chain of fast-food restaurants that specializes in momos has announced that it has raised Rs 45 crore in debt funding from Anicut Capital. The company will primarily use the debt funding to repay a loan of Rs 35 crore it had raised from Avendus Finance in 2018. Founded in 2008 by…