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Wow! Momo Foods expects FY24 revenue to cross Rs 500 Cr, eyes Southeast Asia, GCC entry
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Khazanah Nasional Berhad invests $42 mn into Wow! Momo
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Wow! Momo Foods expects FY24 revenue to cross Rs 500 Cr, eyes Southeast Asia, GCC entry
yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
Wow! Momo Foods has secured ₹350 crore in funding from Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia. This investment, the company s largest to date, is attributed to robust double-digit growth in the overall food services sector and the popularity of momos as a snack in India. The funding will be used for brand growth and expansion, distribution strengthening, and research and development for the FMCG arm.