Synopsis
Wow! Momo Foods has secured ₹350 crore in funding from Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia. This investment, the company’s largest to date, is attributed to robust double-digit growth in the overall food services sector and the popularity of momos as a snack in India. The funding will be used for brand growth and expansion, distribution strengthening, and research and development for the FMCG arm.

Wow! Momo Foods has raised ₹350 crore from Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia. This is the company’s biggest fund raise and comes amid robust double-digit growth in overall food services, in addition to low price points and popularity of momos as a snack in India.