QSR chain Wow! Momo raises $15 Mn in Series C funding
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Quick service restaurant chain Wow! Momo said it has raised $15 million in a Series C funding round led by Tree Line Investment Management, taking its valuation to over Rs 1,225 crore or $165 million. IAN Fund and existing investor Lighthouse Funds also participated in the financing round. The company will use the fresh funds towards its newly launched FMCG business.