Kolkata's 'Wow! Momo' raises ₹164 crore led by Tiger Global

Kolkata-based fast-food chain 'Wow! Momo' has raised $23 million (about ₹164 crore) in a Series B funding round at a valuation of $120 million led by American hedge fund Tiger Global Management. The food chain had raised ₹3 crore from Fabindia's Managing Director William Bissell last year in June. It was valued at about $42 million then.