Indian fast-food chain Wow Momo Foods plans an IPO within two years, targeting 1,000 stores and doubling revenue, inspired by Domino's Pizza's growth in India.

Indian fast-food chain Wow Momo Foods intends to launch an Initial Public Offering (IPO) within two years, inspired by Domino's Pizza's growth in India. Currently valued at approximately $299 million, the company operates 650 stores and aims to increase that number to 1,000 while doubling its revenue from $57.5 million to $120 million in 30 months. The fast-food sector in India is booming, driven by demand from low- and middle-income families.

September 25, 2024
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