Wow! Momo raises Rs 350 cr from Malaysia’s Khazanah Nasional Berhad; early investors exit – SME News

QSR (Quick Service Restaurant) chain Wow! Momo Foods, which runs Wow! Momo, Wow! China and Wow! Chicken, has raised over Rs 350 crores (around $42 million) from Malaysia’s sovereign wealth fund Khazanah Nasional Berhad. Khazanah will put the amount through primary infusion as well as secondary purchase from Wow! Momo’s early-stage investors including angel investors from Indian Angel…