Wow! Momo is set to secure a bridge funding of Rs1.3bn to Rs1.5bn ($15-17m), led by Haldiram and Malaysian sovereign wealth ...

With this bridge round, Wow! Momo has now raised over INR 600 crore to date, solidifying its status as one of India’s most well-funded QSR startups. The company’s next major fundraising round, ...

The company is also growing its FMCG business, with frozen momos generating Rs 5 crore in monthly sales, mainly through quick commerce platforms. In FY24, Wow! Momo’s revenue from operations ...

The Kolkata-based quick-service restaurant (QSR) chain plans to use the capital to scale its presence across India by opening 200–250 new outlets by next year and expanding its frozen momos segment.

Daryani said: “We sell frozen momos through quick commerce and modern trade channels, generating Rs50m in monthly sales. Of this, 52% comes from quick commerce. “We’ve also launched Wow!