QSR brand Wow! Momo Foods has raised $15 Mn in a Series C funding
The round was led by Tree Line Investment Management
It also had participation from IAN Fund and existing investor Lighthouse Funds
Wow! Momo Foods is supported by Tiger Global
The fresh funds will help the brand expand its FMCG business and cloud kitchen brands
In the next year, the company plans to install over 150 stores and 50 cloud kitchens
The Series C funding has raised the QSR brand’s value to over Rs 1,225 crore
