Rosa’s Thai Café to expand after landing £1.8m investment
Rosa’s Thai Café is to open three new central London sites after securing £1.8m funding from Santander bank.
Husband and wife founders Alex and Saiphin Moore originally set up Rosa’s as a market stall in Brick Lane in 2006.
In 2008 they opened their first permanent restaurant in Spitalfields and over the past five years have launched sites in Soho, Westfield Stratford, Carnaby St, Chelsea and Islington.
The couple will use the funding - which includes an £800,000 Growth Capital Loan – to open the previously announced Victoria site in April, potentially followed by restaurants in Shoreditch and Brixton.
The openings will create 100 jobs over the next two years.
Alex Moore said: “The success of Rosa’s remains Saiphin’s traditional cooking: we still offer many of her original dishes.
“We’re really pleased to have partnered with Santander’s Growth Capital team to help us accelerate the growth of our business without the need to dilute ourselves or our existing shareholders. This is a great opportunity for us to take Rosa’s to its next level.”
Moore said last year that there was a ‘growing appetite’ in the UK for more ‘adventurous’ dishes and predicted that Thai and South East Asian cuisines were set to see the ‘strongest growth' in the branded restaurant market.
