The venture debt was provided by Stride Ventures, which has previously supported startups across multiple high-growth sectors.
The company has also appointed Avendus as bankers for a larger round of USD 80 to 100 Mn as mix of primary & secondary to be raised later this…
The company has achieved an annual recurring revenue (ARR) of Rs 60 crore in a short period.
With this latest infusion, the company has amassed Rs 480 crore ($51 million) in its Series D funding, comprising Rs 270 crore in primary funding and…
They are expected to allocate an estimated capital expenditure of Rs 5,800 crore, leveraging the growing affordability and heightened consumer demand…
Wow! Eats will also be extended online as the Wow! Eats App soon; where the consumers can place an order both in dine in and delivery; from all 3…
To avail these services, all customers have to share their current location and the chatbot will allow them to place the order from their nearest Wow…
Murali has also been the crucial catalyst in launching the FMCG vertical & other QSR Brands Wow! China and Wow! Chicken.
The feature is currently available on Android only and is going to be available on IOS too before Diwali.
It is now present across 21 cities and has over 480 outlets; aim it to enter over 100 cities with the new expansion plan. The funds will also be…
The QSR chain is also aiming at expanding its portfolio beyond Momos, Desi Chinese and Chicken soon, by means of acquisitions too.
Wow! China Bistro in Sector V Salt Lake marries “Ambience”, “Handpicked Desi Chinese food”, “Mocktails that gives the guests a perfect “Bistro…
The company is planning to set up over 150 stores and 50 cloud Kitchens as well as grow 2x plus on monthly run rate by next August.
The RTE category of WOW! Momos will be exclusively available online on Bigbasket in all major cities.
EOK’s Breathe Again aims at facilitating Covid care facilities - Setting up 500 + HDU / Isolation beds in partership with Private / Govt Hospitals.
1st May also known as The International Labour’s day; a day that upholds the rights of labour and welfare.
The momo chain has so far received INR 40 Cr in debt from the Grand Anicut Fund – 2.
Wow! Momo kiosks will be placed in CCD outlets in the country to create a wider reach and network.
Home-grown QSR brand will be opening Wow! China outlets across Kolkata, Mumbai, Chennai and Bangalore within the new fiscal.
Wow! Momo started with a single store inside Spencers in 2008 now boasts of having 150 plus outlets across India.
Although primarily a QSR start-up selling fresh momos and other products from its outlets, Wow Momo isn't planning to open restaurants abroad in the very year of the global foray.
Wow! Momo is determined to attain Rs 500 crore turnover in five years as part of its national expansion drive.
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