Eggoz, an agri-consumer brand transforming the egg industry, has raised $20 million in Series C funding round led by Gaja Capital. The round also saw participation from existing investors, including IvyCap Ventures, Rebright Partners, Avaana Capital, NABVENTURES, Merisis Opportunities Fund, Arvind Thakur, S Ramadorai, Artek Chemicals, Blue Dot Capital, and other marquee angel investors.

Eggoz was founded in 2017 by IIT Kharagpur alumni Abhishek Negi, Aditya Singh and Uttam Kumar.

A media statement said that Eggoz offers a wide range of branded eggs and has pioneered India’s first line of egg-based snacks, including egg momos and burger patties. Currently, it is available in over 11 major cities including Delhi NCR, Bengaluru, Mumbai, Hyderabad, Chennai and Pune.

The company reported a 76 per cent year-on-year revenue growth with net cash revenue reaching ₹130 crore in 2024-25, up from ₹74 crore in 2023-24. In Q4 of 2024-25, Eggoz achieved a peak brand ARR of ₹200 crore and EBITDA breakeven; driven by strong consumer demand and deepened distribution, it said.

Safety mission

Quoting Abhishek Negi, Co-Founder and CEO of Eggoz, the statement said: “This capital will help us strengthen our presence in current markets, expand to new cities, and invest in technology and supply chain infrastructure.

Over 95 per cent of eggs in India are sold loose, often lacking basic hygiene and quality. Our mission is to ensure consumers never compromise on safety or nutrition. We aim to make clean, protein-rich eggs accessible to all while empowering farmers with better practices and prices.”

Gopal Jain, CEO and Managing Director at Gaja Capital, said Eggoz is solving a critical gap in India’s protein ecosystem with a scalable, tech-first approach. “We believe their vertically integrated model and strong brand promise position them well to lead the next wave of growth in India’s food and nutrition sector. We’ve seen Abhishek and Aditya work closely for over two years, and we appreciate the first principles approach they’ve adopted to address this significant pain-point for Indian consumers,” Jain said.

Vikram Gupta, Founder and Managing Partner, IvyCap Ventures, said: “With India producing over 140 billion eggs annually, the need for quality and traceability in this essential category is more important than ever. At IvyCap, we back founders solving large-scale, real-world challenges with innovation and purpose. Eggoz exemplifies this by transforming a fragmented market into a trusted consumer brand. We’re excited to continue supporting their journey as they scale across India.”

Leveraging a tech-enabled, asset-light model that directly integrates with farmers, Eggoz ensures every egg is safe, traceable, and nutritionally superior, the statement said.

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Published on June 30, 2025