Wow! Momo Raises INR 75 Cr From Madhusudan Kela

QSR chain Wow! Momo has bagged INR 75 Cr (about $8.4 Mn) as part of its ongoing bridge funding round from Singularity AMC founder Madhusudan Kela

The fresh capital will be used for expansion, product innovation, and strengthening its path to profitability, while it also set a target of entering 100+ cities in the next two years

Earlier, the bridge round saw participation from Malaysia’s sovereign wealth fund Khazanah Nasional Berhad, 360 One and Haldiram’s promoter Kamal…