Archive · 10 Jun 2025
Wow! Momo Secures Rs 85 Crore Investment for Expansion
Imagine a food company called Wow!
Momo that has a lot of stores where people can eat.
They just got a big loan of money, like a really big allowance, from a company called Stride Ventures.
They plan to use this money to make their company even bigger.
They want to open new stores and sell their food in different ways, like through delivery or even selling food products in stores.
They already have more than 700 stores and hope to have a lot more soon, in more cities.
They are planning to also sell more of their food products and provide food services for hotels and other places.
Wow! Momo received an Rs 85-crore debt investment from Stride Ventures.
The investment will fund Wow! Momo's expansion plans and omnichannel strategy.
Wow! Momo operates over 700 stores across 70 cities.
The company plans to scale its FMCG vertical and its HORECA arm.
Wow! Momo aims to enter over 100 cities with more than 1,500 stores in the next three years.
- Who
- Wow! Momo, a quick-service restaurant company, and Stride Ventures, a venture debt firm.
- What
- Wow! Momo secured an Rs 85-crore debt investment.
- When
- June 10, 2025
- Where
- Across 70 cities in India.
- Why
- To fund expansion plans, omnichannel strategy and scaling of verticals.
- Investment Amount
- Rs 85 crore
- Investor
- Stride Ventures
- Current Stores
- 700+
- Cities of Operation
- 70
- Use of Funds
- Omnichannel strategy, expansion
- Headquarters
- Kolkata