 "momo, wow momo")
Wow! Momo Foods, which owns and operates two quick-service restaurant brands Wow! Momo and Wow! China, has raised $23 million in Series B funding led by Tiger Global, it said in a statement.
Interestingly, this is one of the first b2c investments by Tiger this year, which has backed a clutch of b2b start-ups after Lee Fixel quit the firm earlier this year.
The restaurant chain is now valued at a massive $120 million (Rs 860 crore), 1.8X more than Rs 300 crore valuation it had achieved when FabIndia MD William Bissel had invested Rs 3 crore in 2018.
“We are excited to
