Momo raises INR 125 Cr funding from OAKS Asset Management
Image Credit: bwdisrupt
Quick-service restaurants (QSR) chain Wow! Momo has raised over INR 125 Cr from OAKS Asset Management at a valuation of INR 2,125 Cr in its Series D round of funding. As per the QSR chain, it is set to raise another INR 100 Cr in the next quarter from another venture capital (VC) fund in the second tranche, as part of the same funding round.