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Informative

Wow! Momo Eyes INR 650 Cr Revenue In FY25

Update / Judgement Date

18 Oct 2024

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

MSME & UdhyamStart-Up & DPIIT

Wow! Momo, a Kolkata-based fast food chain, aims to achieve INR 650 crore in revenue for the financial year 2024-25 (FY25). The company reported a 14% year-on-year growth in revenue, reaching INR 475 crore in FY24. Wow! Momo plans to launch its own food delivery app, ‘Wow! Eats,’ and expand its outlet count by adding 350 new locations within the next 18 months. The company also has plans to float an IPO in 2027, contingent on reaching the INR 1,000 crore revenue mark. These initiatives are part of Wow! Momo’s strategy to strengthen its market presence and drive growth2.