10th July 2017
Indian street food restaurant Mowgli has secured £3.45m from the Foresight Group, to fund its UK expansion plans.
Founded by Nisha Katona in Liverpool in 2014, Mowgli has sites in Bold Street and Water Street in Liverpool and at the Corn Exchange in Manchester. Funding secured from Foresight will support the business’s roll-out of restaurants across the UK, including sites in Birmingham and Leeds later this year.
Katona said: “This is a significant milestone for Mowgli, which will enable us to deliver on our ambitious plans to grow our business across the UK.”
Rob Donaldson, RSM’s head of corporate finance, added: “In a competitive sector, Mowgli is a genuinely exciting brand and we were delighted to support Nisha to secure this funding.
In addition to being a restaurant entrepreneur, Katona, is a food writer whose work has featured in The Daily Telegraph, The Sunday Times and The Independent. Her YouTube cooking channel has an international following and she also films for the BBC, ITV, Channel 4 and the Food Network.
11 Jul 2017 / George Shaw /
Asian catering news
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