About Chipita
Chipita is a company based in Lamia (Greece) founded in 1973 was acquired by Mondelez International in May 2021.. The company has 1 employees as of April 08, 2024. Chipita operates in a competitive market with competitors including Mondelez International and Balco Store, among others.
- Headquarter Lamia, Greece
- Employees 1 as on 08 Apr, 2024
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Midilan India Private Limited
- Date of Incorporation 22 Jun, 2012
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$296.16 K (USD)5151.7as on Dec 31, 2020
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Net Profit
$4.5 K (USD)100.74as on Dec 31, 2020
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EBITDA
$-234.12 K (USD)61.82as on Dec 31, 2020
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Latest Funding Round
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Investors
Mondelez International
& 1 more
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Employee Count
1
as on Apr 08, 2024
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Acquired by
Mondelez International
(May 26, 2021)
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Funding Insights of Chipita
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 1999 | Amount | Private Equity Round - Chipita | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Chipita
Chipita has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Mondelez International and Global Finance. 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 |
|---|---|---|---|---|
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An independent investment firm based in Athens, Greece.
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Founded Year | Domain | Location | |
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Multi-category convenience foods are produced and distributed globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Chipita
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Chipita
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Chipita Comparisons
Competitors of Chipita
Chipita operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mondelez International and Balco Store, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category convenience foods are produced and distributed globally.
|
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| domain | founded_year | HQ Location |
Healthy snack products are developed and marketed by Balco Store.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Chipita
Frequently Asked Questions about Chipita
When was Chipita founded?
Chipita was founded in 1973 and raised its 1st funding round 26 years after it was founded.
Where is Chipita located?
Chipita is headquartered in Lamia, Greece. It is registered at Lamia, Phthiotis, Greece.
Who is the current CEO of Chipita?
Spyros Theodoropoulos is the current CEO of Chipita.
How many employees does Chipita have?
As of Apr 08, 2024, the latest employee count at Chipita is 1.
What is the annual revenue of Chipita?
Annual revenue of Chipita is $296.16K as on Dec 31, 2020.
What does Chipita do?
Chipita was established in 1973 in Lamia, Greece, within the food manufacturing sector. Operations span 19 plants across 11 countries, including Bulgaria, Portugal, Egypt, Mexico, Poland, Romania, Russia, Saudi Arabia, India, Turkey, and Ghana. Products in four categoriescroissants, savoury snacks like Bake Rolls, cakes, and confectioneryare distributed to 66 countries via direct delivery or partnerships. Commercial offices are maintained in six nations: Czech Republic, Germany, Hungary, Serbia, Slovakia, and Ukraine.
Who are the top competitors of Chipita?
Chipita's top competitors include Mondelez International and Balco Store.
Who are Chipita's investors?
Chipita has 2 investors. Key investors include Mondelez International, and Global Finance.
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