Quick-service restaurant chain Wow! Momo has secured Rs 70 crore from Z3Partners in its latest funding round. The funds will be used for growth, expansion, and strengthening distribution and R&D for its FMCG arm. CEO Sagar Daryani expressed gratitude for the investors' confidence, highlighting the company's focus on sustainable growth. This funding follows a previous investment of Rs 350 crore from Khazanah Nasional Berhad. Z3Partners' Managing Partner, Rishi Maheshwari, praised Wow! Momo's execution and scalable business model, aligning with their investment strategy.
