Madhusudan Kela Invests ₹75 Cr in Wow Momo Foods for Growth Push

• Madhusudan Kela, founder of Singularity AMC, invested ₹75 crore in Kolkata-based QSR chain Wow Momo Foods.
• The funding is part of an ongoing bridge round, previously joined by Khazanah Nasional Berhad, 360One, and Haldiram’s Kamal Agarwal.
• Wow Momo Foods, operating over 800 outlets across 80+ cities, aims to expand to 100+ cities and 1,500+ stores in two years.
• The company, with brands like Wow! Momo and Wow! China, reported over ₹640 crore revenue in FY24-25, targeting ₹850 crore for FY25-26.
• Avendus has been appointed as banker for a larger funding round next year to support further expansion.

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