Wow! Momo raises â¹44 crore at â¹230 crore valuation
Kolkata-based fast food chain Wow! Momo has raised â¹44 crore in Series B funding led by Lighthouse Funds and Indian Angel Network (IAN) at a valuation of â¹230 crore. With this funding round, some IAN investors who had initially backed Wow! Momo in August 2015 exited with an internal rate of return of nearly 50% in less than 18 months.