Funding · Commerce & Consumer Brands

Good Momo Co. closes angel funding before retail launch

By Startup Enthusiast · 17 August 2026

What they do

Good Momo Co. sells steamed millet momos at ₹149–₹269 per plate in Bengaluru

The startup closed an undisclosed angel round ahead of its first retail sales

It plans to open three outlets this month and reach thirty stores within a year

Good Momo Co. has closed an angel funding round before making its first retail sale.
The company is launching its QSR brand selling maida-free steamed momos using millet grains.
Founder Sivesh Kumar scaled over 70 outlets for previous brands like Coffea and PiRo.
The startup targets opening three outlets in August 2026 across Bengaluru.
It aims to expand to approximately 30 stores within the next twelve months.
The menu prices range from ₹149 to ₹269 for plates containing six momos.
India's momo market is estimated at ₹30,000 crore annually with mostly unbranded vendors.
Good Momo Co. signed a non-binding MoU for B2B supply into India and Thailand.

The brand positions itself as a healthier alternative to street staple fried momos.
It uses millet grains like ragi, jowar, bajra, and oats instead of refined flour.
The franchise model requires investments ranging below ₹5 lakh to ₹20 lakh plus.
The founder runs Franchise Rock consultancy after scaling numerous food outlets previously.

Good Momo Co. operates as a quick service restaurant brand focused on healthy snacks.
Its core product is steamed momos made with whole grain millet fillings.
The company offers vegetarian, chicken, and mutton variants priced between ₹149 and ₹269.
Each plate contains six momos with a filling weight of 30 grams each.
The business targets health-conscious consumers seeking accessible alternatives to traditional street food.
It plans to use a franchise-driven model for rapid expansion across Bengaluru.
The brand also explores international expansion through a partnership with a Thai company.
Current operations are limited to pre-launch preparations before opening physical outlets.
The startup leverages the founder's extensive experience in scaling food franchises.