The investment will be made through both primary infusion and secondary purchase from early-stage investors, the Indian Angel Network (IAN) and Lighthouse Funds Wow! Momo Foods, the operator of Wow! Momo, Wow! China and Wow!
The company would spend a significant amount to expand its production unit in Nasik and automate production Scandalous Foods, a one-stop shop aiming to create a category of post-meal impulse buying consumption of Indian sweets