Khazanah led a $50m round in Wow! Momo.

Khazanah, a sovereign wealth fund, led a $50m round in Wow! Momo, a fast-food restaurant company, with participation from Oaks Asset Management and Tiger Global Management. “There is no greater joy for a founder than giving its initial investors IAN and Lighthouse Funds great partial exits. With Khazanah’s investment into the business and their long-term approach, we will strive to become the powerhouse of innovation and transformation in the food space,” Sagar Daryani, Wow! Momo Foods Co-Founder and CEO.