Wow! Momo continues to gain investor attention, raising ₹75 crore ($8.4 million) in its Series D funding round, led by Singularity AMC.
This is their third funding round in 2025. Earlier this year, they raised ₹150 crore with support from Haldiram’s Kamal Agrawal, Khazanah, and 360 One. The company’s valuation is now around ₹2,838 crore ($316 million).
The board has approved the issuance of 7,838 Series D6 shares at ₹95,699 each to Singularity AMC, who will then hold a 2.64% stake. The funds will support expansion and operations.
Founded in 2008, Wow! Momo has grown to over 700 outlets in 17 cities, with brands like Wow! China, Wow! Chicken, and Wow! Kulfi.
In FY24, operating revenue grew by 13% to ₹470 crore. Losses remained stable at ₹114 crore. The financials for FY25 are anticipated.
Wow! Momo has raised over $140 million, and the ongoing support from investors shows faith in the brand and its ability to grow.
This fundraising momentum, particularly with raises within the year suggests confidence in Wow! Momo’s business and potential.
Wow! Momo is using the new funds to expand, improve operations, and build its brand, aiming to become a leading name in the D2C food and beverage market.
