Wow! Momo Foods Plans ₹250–300 Crore Fundraise for India Expansion, Eyes IPO
Wow! Momo Foods is reportedly seeking Rs 250 to 300 crore to fund Indian restaurant expansion, with an IPO possible in 18 to 24 months. The Kolkata-based company, which runs Wow! Momo, Wow! China and Wow! Chicken, targets about Rs 1,050 crore of revenue in FY27. The plan is unconfirmed, and the company has not disclosed investors.
Summary by QSR Wire India. The full story is on the publisher's site.
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- Funding Wow! Momo Foods plans to raise ₹250–300 crore, IPO