In the ever-evolving world of Indian startups, Wow Momo has emerged as a household name, redefining the quick-service restaurant (QSR) landscape. Founded in 2008 by two visionary college friends, Sagar Daryani and Binod Homagai, the brand’s journey from a small food stall in Kolkata to becoming India’s largest homegrown momo chain is nothing short of […]
In the ever-evolving world of Indian startups, Wow Momo has emerged as a household name, redefining the quick-service restaurant (QSR) landscape. Founded in 2008 by two visionary college friends, Sagar Daryani and Binod Homagai, the brand’s journey from a small food stall in Kolkata to becoming India’s largest homegrown momo chain is nothing short of inspiring.
The story of Wow Momo began with a simple dream. Armed with just ₹30,000 and a burning passion for food, Sagar and Binod set up their first stall inside Spencer’s Retail outlet in Kolkata. What made them stand out was their decision to offer hygienic, premium-quality momos — a stark contrast to the roadside vendors who dominated the market.
Despite financial constraints and tough competition, the duo remained committed to their vision of bringing innovation and consistency to the humble momo. Their persistence paid off, as customers started appreciating the fresh taste and hygienic preparation of their offerings.
Right from the beginning, Wow Momo understood that differentiation was key to survival in the competitive food market. They went beyond traditional steamed momos, introducing a diverse menu of mouth-watering options such as:
This constant innovation kept customers curious and returning for more, helping the brand carve out a unique identity in the crowded QSR space.
What truly fueled Wow Momo’s meteoric rise was its smart business model. The company adopted a hybrid expansion strategy — opening both company-owned outlets and franchised stores. To maintain consistency across all locations, the brand established centralized production kitchens, where momos are prepared and distributed to various outlets through chilled supply chains.
This centralized model allowed Wow Momo to maintain uniform taste and quality, while also scaling its operations rapidly. By 2024, the brand had expanded to over 800 outlets across multiple cities under three different verticals:
Wow Momo’s revenue model is diverse, drawing income from:
By 2024, the brand was generating a whopping ₹20-22 crore in monthly revenue, proving the scalability and profitability of their business model.
Wow Momo’s marketing strategy has always been rooted in simplicity and creativity. In the early days, they used branded t-shirts and word-of-mouth promotions to grab attention. As the brand grew, they embraced social media marketing to engage with the younger demographic.
Their campaigns often revolve around humor, quirky content, and limited-time offers — all aimed at creating a buzz online. The brand’s digital presence on Instagram, Facebook, and Twitter plays a crucial role in driving footfall and online orders.
Every business faces hurdles, and Wow Momo was no exception. The COVID-19 pandemic posed a major challenge as lockdowns forced outlets to shut down. However, the brand quickly pivoted by launching Wow Momo Essentials, delivering groceries and daily essentials in partnership with brands like ITC and Nestle.
This quick adaptation not only kept the business afloat but also reinforced their commitment to serving customers in difficult times.
With India conquered, Wow Momo is now setting its sights on international expansion. The brand plans to enter Southeast Asian markets and the GCC region in the coming years, aiming to replicate the success of global giants like Domino’s and McDonald’s.
Additionally, Wow Momo is exploring plant-based food options, aligning itself with the growing trend of sustainable and healthy eating.
Wow Momo’s journey is a testament to how passion, innovation, and strategic execution can transform a small startup into a thriving QSR empire. From a single kiosk to a chain of 800+ outlets, the brand has not only revolutionized how momos are consumed in India but also paved the way for homegrown brands to compete with international players.
With its eyes set on global markets, Wow Momo’s story is far from over — proving that with the right mix of vision and hard work, any dream can become a delicious reality.
