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MOMO VALUATION
Vietnam's MoMo weighs options including new investors at valuation above $2 billionThe digital payments company, which has been profitable since 2024, has engaged Jefferies and Morgan Stanley to run the process after rec...- QSR chain Burger Singh raises $8.8 million led by Artal AsiaBurger Singh raised $8.8 million (Rs 82 crore) led by Artal Asia, reaching a Rs 520 crore valuation. The QSR chain will use funds to streng...
- Fast food, fast growth: Investors queue for quick-service restaurantsIndia’s quick service restaurant (QSR) sector is sizzling again. Multiple deals are in motion as fast-expanding chains attract serious inve...
- Homegrown private equity firm ChrysCapital scoops up bakery chain Theobroma in ₹2,410-crore dealChrysCapital is set to acquire a 90% stake in Theobroma Foods for ₹2,410 crore, purchasing from promoters and ICICI Venture, who invested i...
- Inside the Gensol–BluSmart collapse; Wow! Momo’s fresh fundingHappy Friday! Quick-service restaurant chain Wow! Momo is raising Rs 130-150 crore in funding. This and more in today’s ETtech Morning Disp...
- Khazanah, Haldiram promoter back Wow! Momo in Rs 150 crore funding roundKamal Agrawal, one of the promoters of Haldiram’s, and Malaysia’s sovereign fund Khazanah, are leading a Rs 130-150 crore bridge round in q...
- London PE Finnest takes majority stake in cloud kitchen firm Kitchens@ with $160 million investmentLondon-based PE firm finnest has acquired a majority stake in cloud kitchen startup Kitchens@ with an investment of Rs 1,335 crore, making ...
- Wow! Momo Foods raises Rs 350 crore in funding from KhazanahThe investment will be made through both primary infusion and secondary purchase from early-stage investors, Indian Angel Network and Light...
- Just looking like a Wow! Momo chain raises Rs 350 croreThis is the company’s largest fund raise and comes amid double-digit growth in overall food services, in addition to low price points and p...
- Udaan’s valuation plummets; draft rules for fintech self-regulatory bodiesBusiness-to-business (B2B) ecommerce platform Udaan has taken a major hit with its valuation being chopped by nearly half to $1.8 billion i...
- Cloud kitchen service provider Kitchens@ raises Rs 540 crore in fundingThe firm did not disclose the valuation at which funds were raised, but the entire amount came in primary funding, founder and chief execut...
- ETtech Deals Digest: Big-ticket funding still elude Indian startupsAt a time when big-ticket finding has slowed down owing to an ongoing tech winter and rising inflationary headwinds, the creation of a $100...
- Wow! Momo Foods raises Rs 125 crore in funding from Oaks Asset ManagementThe funding is a part of a two-tranche raise, with the second one being planned with another fund where Wow! Momo intends to raise Rs 100 c...
- Wow! Momo Foods lands $17 million led by Tree Line Investment ManagementTree Line is a Hong Kong and Singapore-based investment fund and has been an investor in publicly listed Jubilant FoodWorks and Westlife De...
- Wow Momo gets cooking with Rs 44 croreIn July last year, the company had raised about Rs 10 crore in debt from Bandhan Bank, the proceeds of which were used to finance its new f...
- Why profit is the startup scene’s new catchwordIn the past six months, two of the Indian startup scene’s best-funded companies, InMobi and Byju’s, have been using the p-word regularly.
- ShopClues acquires Bengaluru-based startup Momoe in a bid to build payments businessThe deal size is pegged at $10-12 million, with consideration being paid in both cash and stock. ETfirst reported about the deal on March 1...
- Shopclues wants Momoe, eyes a bite of payment businessThe Bengaluru-based payments firm, however, has multiple term-sheets and was in negotiations with other suitors as well, according to a sou...
- Indian Angel Network Invests Rs 10 crore in Wow! MomoIndian Angel Network (IAN) has invested Rs 10 crore in Wow! Momo, a chain of quick service restaurants at a valuation of Rs 100 crore.
- As Nasdaq soars, Alibaba-led dot-com boom starts to fadeAlibaba Group Holding Ltd., one of those still up in price, has dropped 28 per cent from its record high in November.
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