Kolkata-Based Wow! Momo Raises ₹75 Crore Led by Madhusudan Kela

A proud moment for Kolkata’s startup ecosystem.

Wow! Momo Foods, one of India’s most recognisable QSR brands and a startup born in Kolkata, has secured ₹75 crore in fresh funding led by veteran investor Madhusudan Kela, a strong vote of confidence in the brand’s vision and execution.

Founded by Sagar J Daryani, Wow! Momo is now targeting an ambitious expansion to 1,500 stores across India, even as organised food service players navigate rising competition and cost pressures.

From a local idea to a national brand, Wow! Momo’s journey reflects the growing strength of Kolkata as a startup hub and the entrepreneurial spirit of the City of Joy.

A win for founders, teams, and the city alike.