LVMH-Backed Firm Invests in Dishoom, Valuing It at £300 Million

In a bold culinary crossover, Dishoom, the beloved homage to Bombay’s iconic Irani cafés just bagged its most opulent admirer yet: L Catterton. The private equity powerhouse backed by luxury behemoth LVMH, has officially acquired a minority stake in Dishoom, valuing the brand at approximately £300 million.

Founded in 2010 in Covent Garden by cousins Shamil and Kavi Thakrar, Dishoom quickly carved its niche on nostalgia-infused menus and mood-soaked interiors. Fast-forward to today, the group operates over ten restaurants and four cafe-bars, with revenues that soared 23% in 2023 to £116.8 million and pre-tax profit jumping 56% to £7.4 million.

Image Courtesy: Dishoom

This fresh capital injection isn’t just monetary, it’s strategic. It marks the first time Dishoom’s founders have invited outside investors, signaling the brand’s shift from cherished cult favourite to ambitious global contender. CEO Brian Trollip, along with the founding cousins, remains firmly in control of operations.

Shamil Thakrar and Kavi Thakrar, Founders, Dishoom

What’s cooking next? The U.S. is on the horizon. With expansion plans set for 2026, Dishoom is eyeing New York as its next culinary frontier, building on its December 2024 pop-up that drew thousands, with tens of thousands more waiting in queue.

For L Catterton, managing some $37 billion in assets and known for investing in brands like Birkenstock, this is a significant step into experience-driven hospitality. It underscores a growing belief that food and culture are not just consumables, they’re the new luxury currencies wired for the global stage.

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Staff Writer

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