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	<title>Mithun Appaiah Archives - Business of Food</title>
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		<title>India Food Forum 2025: Driving the Business of Food’s Next Big Leap in India</title>
		<link>https://www.businessoffood.in/india-food-forum-2025-driving-the-business-of-foods-next-big-leap-in-india/</link>
		
		<dc:creator><![CDATA[Business of Food Bureau]]></dc:creator>
		<pubDate>Mon, 10 Nov 2025 09:54:43 +0000</pubDate>
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		<guid isPermaLink="false">https://www.businessoffood.in/?p=12819</guid>

					<description><![CDATA[<p>The 18th edition of India Food Forum — the country’s mostinfluential food B2B intelligence event — is all set to take place on November 11–12, 2025, at the Jio World Convention Centre, Mumbai. Co-powered by Reliance Smart Bazaar, this mega two-day mega congregation will unite the entire food business ecosystem — from food manufacturers, marketers, [&#8230;]</p>
<p>The post <a href="https://www.businessoffood.in/india-food-forum-2025-driving-the-business-of-foods-next-big-leap-in-india/">India Food Forum 2025: Driving the Business of Food’s Next Big Leap in India</a> appeared first on <a href="https://www.businessoffood.in">Business of Food</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph">The 18th edition of<strong> India Food Forum</strong> — the country’s most<br>influential food B2B intelligence event — is all set to take place on November 11–12, 2025, at the Jio World Convention Centre, Mumbai.</p>



<p class="wp-block-paragraph">Co-powered by <strong>Reliance Smart Bazaar, </strong>this mega two-day mega congregation will unite the entire food business ecosystem — from food manufacturers, marketers, distributors, retailers, and HoReCa companies — through a packed agenda featuring a high-powered conference, zoned exhibitions, curated networking sessions, and prestigious industry awards.</p>



<p class="wp-block-paragraph">Themed “<strong><em>Building a Palate for Partnerships</em></strong>,” this year’s edition emphasises the importance of collaboration and synergy in an industry navigating rapid transformation. With 3,000+ attendees, 500+ brands, 250+ industry experts, and 100+ exhibitors, the event will serve as the most comprehensive business platform for every segment of the food value chain. Immersive experiences await attendees at  India Food Forum 2025, including connections with 3000+ peers &amp; partners, 200+ new products &amp; brands, and conversations with India’s biggest food business gurus, including the event’s illustrious<br>Chairmen, <strong>Damodar Mall, CEO-Grocery, Reliance Retail,</strong> and <em>Culinary Icon, Humanitarian, and Entrepreneur, Padma Shri</em><strong> Chef Sanjeev Kapoor</strong>.</p>



<p class="wp-block-paragraph"><br>“In my calendar, India Food Forum days are synonymous with new possibilities and transformative partnerships. I look forward to reconnecting with many friends and partners at India Food Forum 2025,” said Mall, who will chair the Retail convention at the event.</p>



<p class="wp-block-paragraph">Echoing his thought, Chef Sanjeev Kapoor, who will Chair the HoReCa segment at India Food Forum 2025, noted, “Food service is clearly one of India’s most dynamic sectors today. Indian restaurant concepts and entrepreneurs are achieving global recognition for their menu innovation, sustainable sourcing, and dining experiences. It&#8217;s an exciting time for me to take on the role of Chairman, HoReCa Convention at the prestigious India Food Forum 2025!”</p>



<p class="wp-block-paragraph">They will be joined by an exceptional lineup of business leaders and innovators, including<strong> Sunil D’Souza,</strong> <em>CEO &amp; Managing Director, Tata Consumer Products;<strong> </strong></em><strong>Rohit Kapoor</strong><em><strong>, </strong>CEO –<br>Food Marketplace, Swiggy;<strong> </strong></em><strong>Rajneet Kohli, </strong><em>Executive Director – Foods, Hindustan Unilever Limited;</em> <strong>Sagar J. Daryani,</strong> <em>President, NRAI &amp; Co-founder &amp; CEO, Wow! Momo Foods; </em><strong>Hardeep Singh,</strong> CEO, 7-Eleven India; <strong>Ankit Patel,</strong><em> Managing Director &amp; CEO, The Belgian Waffle Co.;<strong> </strong></em><strong>Mithun Appaiah, </strong><em>CEO, Wow! Momo Foods; </em><strong>Tarak Bhattacharya,</strong> <em>ED &amp; CEO, Mad Over Donuts; </em><strong>Santosh Kumar, </strong><em>Chief Business Officer, FreshToHome; </em><strong>Deepa Hall,</strong><em> Sr Vice President – F&amp;B Retail, Reliance Brands; </em><strong>Anurag Katriar,</strong><em> Founder &amp; CMD, Indigo Hospitality; </em>and <strong>Prashant Peres,</strong> <em>Managing Director – South Asia, Kellanova.</em></p>
<p>The post <a href="https://www.businessoffood.in/india-food-forum-2025-driving-the-business-of-foods-next-big-leap-in-india/">India Food Forum 2025: Driving the Business of Food’s Next Big Leap in India</a> appeared first on <a href="https://www.businessoffood.in">Business of Food</a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">12819</post-id>	</item>
		<item>
		<title>Sagar Daryani Aims for 1,000+ Stores, Rs. 1,000+ Crore Topline for Wow! Momo Foods</title>
		<link>https://www.businessoffood.in/sagar-daryani-aims-for-1000-stores-rs-1000-crore-topline-for-wow-momo-foods/</link>
		
		<dc:creator><![CDATA[R S Roy]]></dc:creator>
		<pubDate>Thu, 14 Aug 2025 10:59:26 +0000</pubDate>
				<category><![CDATA[Food Service]]></category>
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		<guid isPermaLink="false">https://www.businessoffood.in/?p=11453</guid>

					<description><![CDATA[<p>Wow! Momo Foods, India&#8217;s trailblazing QSR brand, has launched FY26 with extraordinary pace—adding 80 new outlets in four months and entering 15 new cities, bringing its network to 780+ stores across 75+ cities. At the helm, Co-founder &#38; CEO Sagar Daryani has laid out an ambitious blueprint: cross 1,000 stores and hit Rs. 1,000 crore in revenue by March 2026. “We are [&#8230;]</p>
<p>The post <a href="https://www.businessoffood.in/sagar-daryani-aims-for-1000-stores-rs-1000-crore-topline-for-wow-momo-foods/">Sagar Daryani Aims for 1,000+ Stores, Rs. 1,000+ Crore Topline for Wow! Momo Foods</a> appeared first on <a href="https://www.businessoffood.in">Business of Food</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph">Wow! Momo Foods, India&#8217;s trailblazing QSR brand, has launched FY26 with extraordinary pace—adding <strong>80 new outlets in four months</strong> and entering <strong>15 new cities</strong>, bringing its network to <strong>780+ stores across 75+ cities</strong>. At the helm, Co-founder &amp; CEO <strong>Sagar Daryani</strong> has laid out an ambitious blueprint: <strong>cross 1,000 stores and hit Rs. 1,000 crore in revenue by March 2026</strong>.</p>


<div class="wp-block-image">
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</div>


<p class="wp-block-paragraph">“We are thrilled to start FY26 on such a high note – while scaling at a pace few in the QSR sector can match. These 80 stores and entry into 15 new cities underline our ambition to make Wow! Momo a national pride,” said Sagar Daryani.<br>“The first four months of FY26 have also seen continued investment in product innovation, digital ordering with launch of our own app Wow! Eats, and building a solid tech stack for the back-end, ensuring that expansion goes hand in hand with strong unit economics, profitability and customer satisfaction. From Korean momos to launch of Gluten free momos with Chef Ranveer Brar; innovation and strong operational DNA remains to driving the scale for us at Wow! Momo Foods.”</p>



<p class="wp-block-paragraph"><strong>FMCG Business Build-Out</strong></p>



<p class="wp-block-paragraph">Heading the brand’s FMCG ambitions is&nbsp;<strong>Mithun Appaiah</strong>, appointed CEO of the FMCG division and bringing over two decades of industry experience across Nestlé, Britannia, Sumeru, and more. His mandate: develop a “full-stack FMCG business” under the Wow! brand—spanning momos, sauces, noodles, and beverages—both for India and select international markets.</p>



<p class="wp-block-paragraph">“For us FMCG is going to be the anchor of our next phase of growth,” Sagar Daryani emphasized.<br></p>



<p class="wp-block-paragraph">Meanwhile, the brand is targeting <strong>Rs. 100 crore in FMCG revenue</strong> in the near term, driven by frozen momos and private-label innovation.<br></p>



<p class="wp-block-paragraph"><strong>Digital Transformation: CTO Takes Charge</strong></p>



<p class="wp-block-paragraph">To boost digital agility and operational scale, Wow! Momo recently appointed&nbsp;<strong>Nimish Chaudhary</strong>—formerly VP of Engineering at Jubilant FoodWorks—as its new&nbsp;<strong>Chief Technology Officer</strong>. His focus areas include:</p>



<ul class="wp-block-list">
<li>Building a <strong>multi-tenant, in-house food-tech platform</strong> for all domestic and international operations.</li>



<li>Enhancing the <strong>Wow! Eats app</strong>, modernizing store tech, and streamlining back-end operations.</li>



<li>Leading innovation from the newly opened <strong>Wow! Tech Innovation Hub</strong> at Google Campus, Gurgaon.<br></li>
</ul>



<p class="wp-block-paragraph">Daryani noted:</p>



<p class="wp-block-paragraph">“His rich expertise in scaling digital ecosystems and building innovative technology platforms will play a critical role in shaping Wow! Momo into a future-ready, digitally powered QSR enterprise.”<br></p>



<p class="wp-block-paragraph"><strong>FY25 Context &amp; FY26 Roadmap</strong></p>



<p class="wp-block-paragraph">While comprehensive FY25 financials aren&#8217;t detailed here, key indicators show:</p>



<ul class="wp-block-list">
<li><strong>FY25 revenue</strong>: Estimated at <strong>Rs. 625 crore</strong>, up ~35% YoY.</li>



<li><strong>Net loss</strong>: Holds at approximately <strong>Rs. 114 crore</strong>—a sign of scale-related cost pressures.<br></li>
</ul>



<p class="wp-block-paragraph">With a target of <strong>250+ new stores this year</strong>, Wow! Momo is on track for <strong>1,000+ outlets</strong> and <strong>Rs. 900–1,000 crore in revenues</strong> by FY26-end. Success hinges on translating the current expansion and innovation momentum into operational efficiency, digital engagement, and FMCG traction.</p>



<p class="wp-block-paragraph">Wow! Momo’s FY26 is unfolding as a high-speed, multi-pronged value building play: expansive store growth, category innovation at the store and FMCG level, and tech transformation to support exponential scale. If execution stays sharp, the brand is poised to define the next chapter of organized food service in India.</p>
<p>The post <a href="https://www.businessoffood.in/sagar-daryani-aims-for-1000-stores-rs-1000-crore-topline-for-wow-momo-foods/">Sagar Daryani Aims for 1,000+ Stores, Rs. 1,000+ Crore Topline for Wow! Momo Foods</a> appeared first on <a href="https://www.businessoffood.in">Business of Food</a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">11453</post-id>	</item>
		<item>
		<title>Snackonomics: Uncovering A Microcosm Of Food Retail</title>
		<link>https://www.businessoffood.in/snackonomics-uncovering-a-microcosm-of-food-retail/</link>
		
		<dc:creator><![CDATA[Sanjay Kumar]]></dc:creator>
		<pubDate>Fri, 12 Apr 2024 12:52:19 +0000</pubDate>
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		<guid isPermaLink="false">https://www.businessoffood.in/?p=2823</guid>

					<description><![CDATA[<p>In the dynamic and rapidly evolving&#160;food market, snacks mirror economic,&#160;cultural, and social trends. Day 1 at&#160;India Food Forum explored different&#160;facets of the snack industry, examining&#160;consumer opportunities, trends, supply&#160;chains, pricing, innovation, and cultural&#160;dimensions. The panel discussion, with the Switz&#160;Group as Session Partner, came up with&#160;deep insights essential for businesses&#160;targeting India’s diverse consumer base in&#160;Retail, Manufacturing, and [&#8230;]</p>
<p>The post <a href="https://www.businessoffood.in/snackonomics-uncovering-a-microcosm-of-food-retail/">Snackonomics: Uncovering A Microcosm Of Food Retail</a> appeared first on <a href="https://www.businessoffood.in">Business of Food</a>.</p>
]]></description>
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<p>The post <a href="https://www.businessoffood.in/snackonomics-uncovering-a-microcosm-of-food-retail/">Snackonomics: Uncovering A Microcosm Of Food Retail</a> appeared first on <a href="https://www.businessoffood.in">Business of Food</a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">2823</post-id>	</item>
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