WOW! Momo: An Entrepreneurial Success Story
| Case Code: LDEN170 Case Length: 6 Pages Period: 2015- 2020 Pub Date: 2021 Teaching Note: Available |
Price: Rs.150 Organization : WOW! Momo Industry :Food & Beverage Countries : India Themes: Entrepreneurship, Entrepreneurial Strategy, Corporate Entrepreneurship, Entrepreneurship |
Abstract Case Intro 1 Case Intro 2 Excerpts
Introduction
In October 2020, WOW! Momo Foods Pvt. Ltd (WOW! Momo), a Kolkata, India-based Quick service restaurant (QSR) chain, raised Rs 450 million from Anicut capital with the option of raising another Rs 150 million by April 2021. The company planned to repay an old loan of Rs 350 million taken from Avendus Finance . It also had plans to use this amount for the expansion of its new business vertical WOW! Momo Essentials. Besides, the company was planning to raise Rs 1-1.25 billion in mid-2021 through another round of equity funding...
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