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.
Khazanah Nasional Berhad invests $42 mn into Wow! Momo indiantelevision.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiantelevision.com Daily Mail and Mail on Sunday newspapers.
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.
In partnership with his classmate Binod Homagai, Daryani founded Wow Momo on August 29, 2008, during the final years of their graduation at St. Xavier's in Kolkata. Starting with a small kiosk in Kolkata, they turned a simple idea into a successful business.
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.