About Baltika Group
Baltika Group is a company based in Tallinn (Estonia) founded in 1928 was acquired by ELG in May 2025.. The company has 41 employees as of October 31, 2024. Baltika Group offers products and services including Ivo Nikkolo Collections.
- Headquarter Tallinn, Estonia
- Employees 41 as on 31 Oct, 2024
- Stage Public
-
Sectors
Industrial Goods & Manufacturing
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name As Baltika
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$166.3 K (USD), Grant
Jun 16, 2021
-
Investors
European Union
& 1 more
-
Employee Count
41
as on Oct 31, 2024
-
Acquired by
ELG
(May 29, 2025)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Baltika Group
Baltika Group offers a comprehensive portfolio of products and services, including Ivo Nikkolo Collections. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Premium clothing lines for modern women using high-quality fabrics
Funding Insights of Baltika Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $166,300
-
First Round
First Round
(16 Jun 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Grant - Baltika Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Baltika Group
Baltika Group has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and European Lingerie Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Founded Year | Domain | Location | |
|
European Lingerie Group is engaged in lingerie production and distribution.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Baltika Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Baltika Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Baltika Group Comparisons
Competitors of Baltika Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Baltika Group
Frequently Asked Questions about Baltika Group
When was Baltika Group founded?
Baltika Group was founded in 1928 and raised its 1st funding round 93 years after it was founded.
Where is Baltika Group located?
Baltika Group is headquartered in Tallinn, Estonia.
How many employees does Baltika Group have?
As of Oct 31, 2024, the latest employee count at Baltika Group is 41.
What does Baltika Group do?
Baltika Group was founded in 1928 in Tallinn, Estonia, and operates in the apparel sector. Knitwear, jeans, trousers, and other items are produced for men and women under brands such as Monton, Mosaic, Baltman, Bastion, and Ivo Nikkolo. Products are distributed through an online platform and a network of retailers across the region.
What products or services does Baltika Group offer?
Baltika Group offers Ivo Nikkolo Collections.
Who are Baltika Group's investors?
Baltika Group has 2 investors. Key investors include European Union, and European Lingerie Group.