Latest news with #Wow!Momo
Business Standard
17-05-2025
- Entertainment
- Business Standard
Korean Flavours, Momo Style- Get Ready to Crave! - WOW! MOMO Launches Korean Momo Range
NewsVoir Kolkata (West Bengal) [India], May 17: Wow! Momo, the homegrown food-tech QSR giant, has unveiled its latest innovation - the Korean Momo - adding a spicy, saucy, and utterly irresistible option to its ever-expanding momo portfolio. With a perfect blend of Korean spices and street-style inspiration, the new Korean Momo range is set to bring the Hallyu heat to Indian taste buds. Whether you're a K-drama fan, a K-pop stan, or just someone who loves bold flavours, this new offering is a flavour bomb you don't want to miss. The Korean Momo lineup includes: - Veg Korean Momo - Chicken Korean Momo - Corn Cheese Korean Momo - Chicken Cheese Korean Momo Each momo is tossed in a fiery Korean-style sauce, garnished with sesame seeds, and served hot - making it the ultimate snack or meal companion for the food lovers. Speaking on the launch, Sagar Daryani, Co-founder and CEO of Wow! Momo Foods, said, "We're always looking to push the envelope when it comes to flavour innovation. With the Korean Momo, we've combined our Indian soul with global inspiration to create a product that's bold, edgy, and totally crave-worthy." Available across all Wow! Momo outlets and major delivery platforms like Zomato, Swiggy, and WOW! Eats App, the Korean Momo promises to spice up your day, one bite at a time.
Fashion Value Chain
17-05-2025
- Entertainment
- Fashion Value Chain
Korean Flavours, Momo Style- Get Ready to Crave! – WOW! MOMO Launches Korean Momo Range
Wow! Momo, the homegrown food-tech QSR giant, has unveiled its latest innovation – the Korean Momo – adding a spicy, saucy, and utterly irresistible option to its ever-expanding momo portfolio. With a perfect blend of Korean spices and street-style inspiration, the new Korean Momo range is set to bring the Hallyu heat to Indian taste buds. New Korean Momo Range Whether youre a K-drama fan, a K-pop stan, or just someone who loves bold flavours, this new offering is a flavour bomb you dont want to miss. The Korean Momo lineup includes: Veg Korean Momo Chicken Korean Momo Corn Cheese Korean Momo Chicken Cheese Korean Momo Each momo is tossed in a fiery Korean-style sauce, garnished with sesame seeds, and served hot – making it the ultimate snack or meal companion for the food lovers. Speaking on the launch, Sagar Daryani, Co-founder and CEO of Wow! Momo Foods, said, 'We're always looking to push the envelope when it comes to flavour innovation. With the Korean Momo, we've combined our Indian soul with global inspiration to create a product that's bold, edgy, and totally crave-worthy.' Available across all Wow! Momo outlets and major delivery platforms like Zomato, Swiggy, and WOW! Eats App, the Korean Momo promises to spice up your day, one bite at a time. Download the WOW! EATS App: So, are you ready to ride the K-wave with Wow! Momo Contact us at 98361 98361 Wow! Momo operates under four exciting brands – Wow! Momo, Wow! China, Wow! Chicken and Wow! Kulfi – with 700 outlets across 65+ cities in India, with plans to expand by 250 more outlets in this FY.
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Business Standard
14-05-2025
- Business
- Business Standard
QSRs eye a bigger bite of FMCG pie, firms speed up expansion plans
Packaged foods become QSRs' new flavour; retail shelves and exports open up Akshara Srivastava New Delhi Listen to This Article Home-grown quick-service restaurant (QSR) chains in India are dialling up expansion beyond restaurant services, solidifying their presence in the fast-moving consumer goods (FMCG) space. Kolkata-based Wow! Momo recently expanded its FMCG presence with the launch of cup noodles in March this year — a segment that quickly clocked ₹1 crore in revenue. 'When we started FMCG with frozen momos, the competition was grossing almost ₹5 crore. Over two years later, we are grossing almost ₹5 crore, while the competition is grossing ₹7.5 crore in revenue. We have come a long way,' says Sagar Daryani, cofounder and chief executive officer of
Yahoo
21-04-2025
- Business
- Yahoo
Wow! Momo to secure bridge funding up to Rs1.5bn
Indian quick service restaurant (QSR) chain Wow! Momo is set to secure a bridge funding of Rs1.3bn to Rs1.5bn ($15-17m), led by Haldiram's Kamal Agrawal and Malaysian sovereign wealth fund Khazanah Nasional, reported The Economic Times. The funding, structured through convertible notes, precedes a larger fundraise aimed for the October-December quarter of 2025. The QSR chain, which last raised Rs3.5bn in January 2024 at a valuation of Rs24bn, is preparing to raise an additional $75-80m in the forthcoming round. The company has engaged investment bankers to manage this significant capital raise. In this interim round, alongside Agrawal and Khazanah, various family offices and high-net-worth individuals are anticipated to invest. Agrawal's association with Haldiram's Nagpur faction, now merged with the Delhi entity to form Haldiram Snacks Food. Haldiram Snacks Food recently secured investment at an impressive $10bn valuation. Despite requests for comments, Wow! Momo cofounder Sagar Daryani and representatives from Khazanah Nasional have not provided responses. Agrawal also remained unavailable for remarks on the funding. Sources familiar with Wow! Momo's strategy reveal that the company is expanding its restaurant network and fast-moving consumer goods (FMCG) offerings. Currently, the chain operates multiple brands, including Wow! Chicken, Wow! China and Wow! Kulfi. For the fiscal year 2024, Wow! Momo reported revenues of Rs4.8bn and a net loss of Rs1.14bn. The company's growth strategy includes capitalising on the quick commerce trend by introducing packaged food products. The investment comes at a time when food delivery platforms like Zomato and Swiggy are experiencing a slowdown in their core delivery businesses. Daryani said: 'We sell frozen momos through quick commerce and modern trade channels, generating Rs50m in monthly sales. Of this, 52% comes from quick commerce. 'We've also launched Wow! Biryani on Zepto and are rolling out cup noodles featuring our bestsellers from Wow! China.' "Wow! Momo to secure bridge funding up to Rs1.5bn" was originally created and published by Verdict Food Service, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
