WOW! Momo: An Entrepreneurial Success Story

Global Economic Impact of Coronavirus – Assessment and Mitigation (B)
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
Global Economic Impact of Coronavirus – Assessment and Mitigation (B)
Abstract Case Intro 1 Case Intro 2 Excerpts


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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