2015
Hyderabad (India)
Series A
Zomoz one of India’s most innovative and fastest-growing quick-service restaurant (QSR) brands specializing in momos, dim sums, and related Asian delicacies. The company operates under Prabhati Foods Pvt Ltd. Initially launched from a small two-bedroom apartment with just six employees, Zomoz has scaled to over 75 outlets across nine major Indian cities. Backed by Rebel Foods, Zomoz leverages advanced technology and a plug-and-play outlet model, which has enabled it to double revenues annually for the past three years and achieve a 120% year-on-year growth rate.
Wide variety of momos: chicken, vegetable, paneer, mushroom, zesty chicken, and chicken & cheese (all made with authentic ingredients, no fillers).
Multiple preparation styles: steamed, hot & crispy (fried), and tossed in sauce.
Specialty offerings: Baos (with pan-India rollout planned), veg Manchurian momos, and crystal dumplings (upcoming).
Potsticker rice meals: recently introduced in select markets.
Sides and accompaniments: French fries, peri peri fries, chicken/veg nuggets, and desserts like Chocolate Bao.
Express Momo Machine: patented vending solution delivering fresh momos in under 60 seconds, enhancing convenience and accessibility.
Launching India’s first momo vending machine, capable of delivering fresh momos in under one minute.
Securing investment from Rebel Foods, facilitating national and international expansion.
Achieving a monthly revenue run rate target of INR 3 crore by December 2024.
Maintaining a 40% online market share in Hyderabad and ranking second in Bangalore and Chennai
Hybrid model: combination of company-owned outlets (dine-in and takeaway), cloud kitchens (delivery-focused) and franchise operations (FOCO and franchisee-operated models).
Direct sales: through retail outlets, which contribute approximately 60% of total revenue (as of 2024).
Cloud kitchens: account for around 35% of revenue, leveraging delivery aggregators for reach but at lower margins due to commissions.
Franchising and B2B: contribute about 5% of revenue, with rapid growth expected from new franchise signings and corporate food court partnerships.
Vending machines: emerging revenue stream, piloted in high-traffic locations.
Centralized production facility: supports efficient supply chain management and product consistency across all channels.
Rebel Foods: Strategic investor and operational partner, providing technology, supply chain, and national reach.
Aggregator Platforms: Major presence on Swiggy and Zomato, with a 40% online market share in Hyderabad and strong positions in Bangalore and Chennai.
PVR Cinemas: Early partnership supplying momos to multiplexes, catalyzing scale-up and automation.
Corporate Food Courts: Ongoing tie-ups with Deloitte, Hunger Box, Compass Group, and Sodexo.
Franchise Partners: Four to five franchises signed as of late 2024, with expansion into Tier 2/3 cities
Geographic Expansion: Targeting Tier 2/3 Indian cities and international markets, with plans for 11 UAE outlets—making Zomoz the first Indian momo brand to go global.
Product Innovation: Launching new categories (baos, crystal dumplings, vending machines) to drive incremental sales and enhance brand differentiation.
Franchising: Scaling the franchise model to accelerate outlet growth with minimal capital outlay.
Technology & Automation: Continued investment in AI-driven production and backend systems to sustain margin-positive growth
$2 Million
2
$2 Million, Series A
as of November 7, 2022
$9.5 Million
as of December 4, 2023
4.7
as of December 4, 2023
Rebel Foods
and 2 more37
Good Flippin
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
November 7, 2022 | Series A | $2 Million | - | $1.8 Million | - | Kyt Ventures, Karmaya Advisors, Invstt, Faad Capital, Peaceful Progress |
October 16, 2021 | Seed | Undisclosed | $4.9 Million | $971 K | - | Rebel Foods |