The round builds on previous funding of Rs 350 crore from Khazanah Nasional Berhad, Malaysia's sovereign wealth fund.
Very good! Momo Wow! Runs three brands by name! Momo, wow! China and wow! Cock.
Sagar Daryani, CEO of Wow, said, “We have been persistent and resilient and increasingly focused on sustainable growth and the confidence that this round of investors has shown in us strengthens our belief and empowers us to drive change. Inspires to become one." Momo.
Launched in 2008, the company has over 600 outlets in 38 cities. It has also forayed into the FMCG sector with its QSR vertical.
“Awesome! Momo is a reflection of the vibrant entrepreneurial landscape in the country. Over the last few years, Sagar and the team have focused largely on building a high-quality food business with better value,” said Rishi Maheshwari, Managing Partner, Z3Partners. Execution is driven by expertise.
With participation of Rs 70 crore from Z3Partners, it makes this round the largest in recent times at over Rs 480 crore; Out of which Rs 270 crore is through primary investment and Rs 210 crore is through secondary purchase from early investors of the company.
Very good! Momo Wow! Runs three brands by name! Momo, wow! China and wow! Cock.
Sagar Daryani, CEO of Wow, said, “We have been persistent and resilient and increasingly focused on sustainable growth and the confidence that this round of investors has shown in us strengthens our belief and empowers us to drive change. Inspires to become one." Momo.
Launched in 2008, the company has over 600 outlets in 38 cities. It has also forayed into the FMCG sector with its QSR vertical.
“Awesome! Momo is a reflection of the vibrant entrepreneurial landscape in the country. Over the last few years, Sagar and the team have focused largely on building a high-quality food business with better value,” said Rishi Maheshwari, Managing Partner, Z3Partners. Execution is driven by expertise.
With participation of Rs 70 crore from Z3Partners, it makes this round the largest in recent times at over Rs 480 crore; Out of which Rs 270 crore is through primary investment and Rs 210 crore is through secondary purchase from early investors of the company.
