Series D extension · Consumer
Wow! Momo announces INR750 million Series D extension
The restaurant group will use the proposed share subscription for expansion and working capital.
Wow! Momo has approved a roughly INR750 million share subscription from Singularity AMC as an extension of its ongoing Series D financing. The allocation comprises Series D6 compulsorily convertible preference shares.
The company plans to use the proceeds for capital expansion, working capital and general corporate purposes. The new tranche follows earlier investments in the same financing programme.
Use of funds
Capital expansion
Working capital
General corporate purposes
Funding history
Series D extension · This round~₹750M