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Wow! Momo Foods raises Rs 350 crore in funding from Khazanah

Jan 29, 2024over 1 year ago

Amount Raised

₹350 Million

Round Type

seed

KolkataFood and Beverage

Investors

Oaks Asset ManagementLighthouse FundsIndian Angel NetworkKhazanah Nasional Berhad

Description

Wow! Momo Foods has raised Rs 350 crore from Khazanah Nasional Berhad in its biggest fund raise. The investment will fuel the growth and expansion of the brand, strengthen distribution, and research and development for the FMCG arm.

Company Information

Company

Wow! Momo Foods

Location

Kolkata, West Bengal, India

About

Wow! Momo is a leader in India’s chain of quick-service restaurants (QSR) with three brands: Wow! Momo, Wow! China, and Wow! Chicken, operating over 600+ outlets across 38 cities. The company has also expanded into the FMCG sector.

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