Kolkata-based Wow Momo has raised Rs. 44 crore as Series B funding from Lighthouse Funds and Indian Angel Network..Khaitan & Co advised Wow Momo with a team led by Partner Arindam Sarkar along with Principal Associate Suhana Islam, senior Associate Prithwijit Gangopadhyay and Associate Shourya Sengupta with specialist inputs from Partner Supratim Chakraborty..Due Diligence Aspects: Gaurav Dasgupta (Principal Associate); Gautam Banerjee (Principal Associate); Nikita Bhuwania (Associate) and Aritri Roy Choudhury (Associate).Direct Tax: Asim Choudhury (Principal Associate) and Rohan Poddar (Associate)..Luthra & Luthra advised the investors and the team was led by Partner Amit Shetye..The company will use the proceeds to expand its presence across the country. Wow Momo, which currently has 117 company-owned and operated stores across eight cities, including the National Capital Region, Kolkata, Bengaluru, Chennai, Cochin and Pune, is targeting to be in 180 cities over the next 12 months.
Kolkata-based Wow Momo has raised Rs. 44 crore as Series B funding from Lighthouse Funds and Indian Angel Network..Khaitan & Co advised Wow Momo with a team led by Partner Arindam Sarkar along with Principal Associate Suhana Islam, senior Associate Prithwijit Gangopadhyay and Associate Shourya Sengupta with specialist inputs from Partner Supratim Chakraborty..Due Diligence Aspects: Gaurav Dasgupta (Principal Associate); Gautam Banerjee (Principal Associate); Nikita Bhuwania (Associate) and Aritri Roy Choudhury (Associate).Direct Tax: Asim Choudhury (Principal Associate) and Rohan Poddar (Associate)..Luthra & Luthra advised the investors and the team was led by Partner Amit Shetye..The company will use the proceeds to expand its presence across the country. Wow Momo, which currently has 117 company-owned and operated stores across eight cities, including the National Capital Region, Kolkata, Bengaluru, Chennai, Cochin and Pune, is targeting to be in 180 cities over the next 12 months.
