At a glance
- Dishoom is expanding into the US market, with plans to open its first location in New York City by 2026.
- The company has partnered with L Catterton for investment but will maintain its existing leadership and operations.
- Dishoom successfully tested the US market with a pop-up event in New York, serving 7,000 people and generating significant demand.
- The company's focus remains on providing exceptional hospitality and maintaining a strong workplace culture.
- L Catterton sees Dishoom as an exceptional business with potential for further growth and will support its international expansion.
The partnership will pave the way for the Indian restaurant group to explore growth in other regions, including the US, where Dishoom it is set to open a new location in 2026.
While the valuation of the company has not been disclosed, a report in The Times places it at about £300m.
Dishoom announced in November last year that it was seeking an investor to help fund a move into the US with the group’s first Stateside location expected to be in New York City.
It comes after the group ran a successful 10-day pop-up in partnership with New York restaurant Pastis in August last year, which served around 7,000 people for breakfast at the Meatpacking District-based restaurant and which had a waiting list of a further 20,000 people.
The deal with L Catterton will not impact the senior leadership team or the day-to-day running of the business with Dishoom continuing to be led by co-founders Shamil Thakrar and Kavi Thakrar, alongside CEO Brian Trollip and the rest of the executive team.
“We are thrilled to be partnering with L Catterton, and excited about the future of the business,” says Shamil.
“It is wonderful to be contemplating the international opportunities ahead of us.
“As ever, even more important than growth and expansion is keeping our focus strongly on deepening our hospitality – on providing guests with the most delicious food and the warmest service in beautiful restaurants and continuing to make sure Dishoom is one of the very best workplaces in hospitality.
“And of course, this is only possible because of our amazing teams, who give their all every day to make Dishoom what it is.”
Dishoom opened its first restaurant in Covent Garden in 2010 and now operates 11 sites across the UK under its core brand.
It also has four drinks-focused Permit Room outposts in Brighton, Oxford, Cambridge and London.
The company has forged a reputation as a leading employer and was voted in the Top 10 Sunday Times Best Places To Work list last year.
Additionally, Dishoom achieved B Corp status last year, with a strong focus on sustainability practices across the business.
“We are absolutely delighted to be partnering with Dishoom,” says Miray Topay, partner at L Catterton.
“What the team has created is a truly exceptional business by all measures, whether judged on stand-out food, warm and caring service, a unique and amazing culture, enduring popularity with queues outside every one of its locations, or the very many awards and accolades that Dishoom has won.
“We look forward to leveraging our deep understanding of consumers and our experience in the restaurant industry to support Dishoom as they expand, and allow more people to experience their wonderful and distinct hospitality.”