Rosa’s, the London-based Thai cafe concept, is set to review its future funding options near the end of this year, M&C has learnt.

The six-strong company, led by British husband and Thai wife team, Alex and Saiphin Moore, is understood to be looking to appoint advisors to oversee the process after receiving a number of approaches from venture capitalist funds and private equity firms.

Grant Thornton is currently overseeing the sale process for Giggling Squid, with the Business Growth Fund tipped as one of the front runners for the Andy Laurillard-led chain.

Last summer, Rosa’s secured £500,000 of new funding and two new sites in Chelsea and Angel.

Its initial plan was to grow from to 10 restaurants by the end of 2017.

However, it is thought that with the right funding it can double the size of its existing estate in the capital in the short term.

It also currently operates cafes in Spitalfields, Soho, Westfield Stratford City and Carnaby.