Wow! Momo targets ₹150 crore bridge round as it prepares

Wow! Momo has raised a bridge round funding of ₹90 crores from its existing investor Khazanah – the Malaysian Sovereign Fund and Haldiram’s Nagpur owner Kamal Agarwal. The company is also in talks with a few HNIs and investors to take this bridge round to a total of about ₹150 crores. The company has also appointed Avendus as bankers for a larger round of $80-100 million as a mix of primary & secondary to be raised later this year in H2 of 2025.

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