Madhusudan Kela Invests ₹75 Cr in Wow Momo Foods for Rapid Expansion

• Renowned investor Madhusudan Kela injected ₹75 crore into Kolkata-based QSR chain Wow Momo Foods.
• The investment, led by Kela's Singularity AMC, is part of an ongoing bridge funding round aimed at accelerating the company's growth.
• Wow Momo Foods, operating over 800 outlets, targets expanding to 1,500 stores across 100+ cities within two years.
• The company reported over ₹640 crore revenue in FY24-25, a 30% increase, and aims for ₹850 crore in FY25-26.
• Avendus has been appointed as investment banker for a major funding round scheduled for next year.

Why It Matters: Madhusudan Kela's ₹75 crore investment fuels Wow Momo Foods' ambitious expansion and growth plans.