Wow! Momo Raiss INR 75 Cr From Madhusda Kela
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3 Articles
Wow! Momo Raiss INR 75 Cr From Madhusda Kela
SUMMARY QSR chain Wow! Momo has bagged INR 75 Cr (about $8.4 Mn) as part of its ongoing bridge funding round from Singularity AMC founder Madhusudan Kela The fresh capital will be used for expansion, product innovation, and strengthening its path to profitability, while it also set a target of entering 100+ cities in the next two years Earlier, the bridge round saw participation from Malaysia’s sovereign wealth fund Khazanah Nasional Berhad, 360…
Wow! Momo Raises INR 75 Cr From Madhusudan Kela
Quick service restaurant (QSR) chain Wow! Momo has bagged INR 75 Cr (about $8.4 Mn) as part of its ongoing bridge funding round from ace investor and Singularity AMC founder Madhusudan Kela. Earlier, the bridge round saw participation from Malaysia’s sovereign wealth fund Khazanah Nasional Berhad, 360 One and Haldiram’s promoter Kamal Agarwal. It was reported earlier this year that the QSR chain was looking to raise INR 130 Cr to INR 150 Cr in b…
Veteran Investor Madhusudan Kela Invests INR 75 Crore in Wow! Momo Foods
Wow! Momo Foods has raised INR ₹75 crore in fresh funding led by veteran investor Madhusudan Kela, marking a strong vote of confidence in the brand’s growth journey and execution capability. The capital infusion is expected to support Wow! Momo’s next phase of growth, with continued focus on disciplined expansion, product innovation, and strengthening its path to profitability. Wow! Momo, which runs 4 strong national brands Wow! Momo, Wow! Chin…
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