Mowgli Street Food Limited
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Mowgli Street Food Limited - overview
Established
2014
Location
Liverpool, -, UK
Primary Industry
Travel & Leisure
About
Mowgli Street Food Limited delivers authentic Indian cuisine, specializing in fresh, vibrant meals that resonate with the essence of home-cooked dishes, catering to urban consumers seeking flavorful dining options. Mowgli Street Food Limited, founded in 2014, is a UK-based restaurant chain that provides a variety of Indian dishes. The company has not reported any major pivots or changes in its business strategy. The founder, Nisha Katona, has a background in law and has ventured into the food industry, previously establishing a successful catering business.
Mowgli's headquarters is located in Liverpool, UK, with operations in major cities like London, Birmingham, Manchester, and Edinburgh. The company has raised a total of GBP 3. 450 mn, with the most recent funding round occurring in January 2023, when TriSpan acquired Mowgli from Foresight Group Holdings for undisclosed financial terms. Mowgli Street Food specializes in delivering a diverse array of fresh Indian cuisine, emphasizing the vibrant flavors of herbs and spices that characterize home-cooked Indian meals.
Their core offerings include various menu categories such as Tiffins, Feasting options, and specialized diets, including vegan and non-gluten selections, catering to a wide spectrum of dietary preferences. The brand targets urban consumers seeking healthier dining options, primarily focusing on delivering meals that evoke the essence of traditional Indian cooking. Mowgli operates in several geographical markets across the UK, including major cities such as London, Birmingham, Manchester, and Edinburgh, effectively reaching a broad customer base that consists of both individual diners and families looking for quick yet flavorful meal solutions. Mowgli Street Food generates revenue through direct-to-consumer transactions, predominantly via in-restaurant dining and online orders for delivery.
In the most recent fiscal year, the company reported revenue of GBP 50,961,379 and an EBITDA of GBP 3,562,243. The company employs a transactional structure that allows customers to explore and select from their extensive menu offerings, ensuring a seamless dining experience. Mowgli also promotes gift cards and rewards programs, enhancing customer loyalty and encouraging repeat patronage, thereby contributing to a stable revenue stream anchored in both casual dining and takeaway services. In January 2023, the investment by TriSpan acquired Mowgli Street Food Limited to support its next phase of growth.
The company is focusing on expanding its presence in new geographic regions, with specific attention towards opening additional locations in the UK. The recent funding will enable Mowgli to design and launch new menu products tailored to evolving consumer preferences, although specific product release dates have not been disclosed.
Current Investors
Foresight Group
Primary Industry
Travel & Leisure
Sub Industries
Restaurants & Nightlife
Website
www.mowglistreetfood.com
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Mowgli Street Food Limited - timeline of key events

Mowgli Street Food Limited - financials
| Fiscal Year Ended | Jul 31, 2017 | Jul 31, 2018 | Jul 31, 2019 | Jul 31, 2020 | Jul 31, 2021 | Jul 31, 2022 | Jul 31, 2023 | Jul 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 5,032,422 | - | 11,985,672 | 11,300,379 | 8,577,346 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | (5.7%) | (24.1%) | - | - | - |
| EBITDA (USD) | - | - | 1,463,766 | 61,602 | (177,866) | - | - | - |
| Operating Income (USD) | - | - | 592,301 | (1,236,466) | (1,332,850) | - | - | - |
| Operating Margin | - | - | 4.9% | (10.9%) | (15.5%) | - | - | - |
| % EBITDA Margin | - | - | 12.2% | 0.5% | (2.1%) | - | - | - |
| NET Income (USD) | - | 225,481 | 482,777 | (1,150,792) | (1,175,846) | - | - | - |
| % Net Margin | - | - | 4.0% | (10.2%) | (13.7%) | - | - | - |
Mowgli Street Food Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Mowgli Street Food Limited | - |
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Mowgli Street Food Limited - employee data


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