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Wow! Momo to open 100 new outlets

Sagar Daryani, the co-founder and CEO of Wow! Momo, is hoping that the valuation of the company would be much more than Rs 300 crore, which was calculated in early 2018. Some leading global and Indian private equity players have already shown interest in the company. Wow! Momo has registered Rs 120 cr revenue in 2018-19 and hoping to touch Rs 200 crore in the current financial year. Now, the chain has 240 outlets across 13 cities in the country and planning to open 100 new Wow! Momo outlets in the next one year. Opening of new flamboyant outlets like that of Wow! Momo is new business opportunity for the signage companies engaging in in-store projects.

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