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MOMOS STARTUP INDIA
He quit a half-crore manager job to sell momos 2 years ago, what he earns now from roadside stalls may surprise youSaket Saurabh was working as a product manager in a high-paying corporate job, but he left it to launch The Momos Mafia. He faced several h...- Once he earned Rs 50 LPA. Gurgaon man left dream job to assist his sister’s business. Today this ‘Momo Mafia’s yearly earnings will make your jaw dropA Gurgaon entrepreneur, Saket Saurabh, left a ₹52 lakh corporate job to build The Momos Mafia, a dumpling-focused food brand. The franchise...
- QSRs go quick; Apple grows India suppliersSeveral quick-service restaurant (QSR) brands are customising their top-selling products for quick commerce platforms. This and more in tod...
- ETtech Deals Digest: Startup funding down 80% to $144 million this weekCompanies, across seed, early and late stages, had raised about $722 million in 30 rounds in the period from January 13 to 19 last year, as...
- Anicut Capital gets SEBI nod for Rs 1,500-cr debt fund"With the closure of Grand Anicut Fund 4 we are delighted to further strengthen our support to empower the Indian startup ecosystem. The pa...
- 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...
- Anicut Capital raises Rs 140 crore for second debt fund from SIDBIThe funds received from SIDBI is through the Fund of Funds for Startups (FFS) that was launched under the Startup India Initiative in Janua...
- Wow! Momo has Tiger’s Rs 130 croreThe transaction is expected to value Wow! Momo at about Rs 860 crore, an almost three-fold jump from its last funding round in June last ye...
- Fabindia MD invests Rs 3 crore in Wow! MomoThe investment values the restaurant chain at about Rs 300 crore, a substantial uptick from its June 2017 funding round in which the decade...
- IAN’s first fund raises Rs 227 croreAlong with institutional investors such as India Infoline, Yes Bank, Max Group, Grey Matters Capital and Hyundai, retail investors Kris Gop...
- 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.
- Online marketplace ShopClues to invest Rs 1 crore across 4 startups“We are not sure yet if we will have a stake in the company or disburse the amount based on milestone,” says Ganesh Balakrishnan, ShopClues.
- 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...
- Power of Ideas Startup roundtable: Can Bengal become like Bengaluru?Kolkata can evolve to be India’s next startup hub with the West Bengal government and other relevant entities keen to support new ventures.
- With Momoe, everything you need is at a stone's throw in K'mangala: Utkarsh BiradarMomoe is a mobile payments app for users to pay at brick and mortar (offline) merchants like restaurants, grocery stores, pharmacies, spa a...
- Startup ecosystem improving in Kolkata: Indian Angel NetworkIAN, the country's first network of angel investors, is the largest in the world with 350 members and investments both in the country and a...
- Offline merchants may soon have mobile payments option; startup Ruplee focuses on restaurant sectorRuplee does not charge any commission, and instead plans on offering analytics services and marketing campaigns to its client restaurants.
- India Quotient targets Rs 150 crore for smartphones focused Fund IIMost of the limited partners (institutions and individuals who invest in venture capital funds) from Fund I are expected to participate in ...
- India's start-up ecosystem is much better todayIndia’s start-up ecosystem is decidely much better today than it was a decade ago. A few early entrepreneurs and new entrants give their ta...
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