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Eggoz Raises $20 Mn in Series C Funding to Transform India’s Egg Market

by Ishaan Negi
June 30, 2025 - Updated On July 1, 2025
in Business, Markets, News, Tech, Trending, World
Reading Time: 3 mins read
0
Eggoz Raises $20 Mn in Series C Funding to Transform India’s Egg Market

Credits: Entrackr

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With a vision to make eggs hygienic, traceable, and accessible, Eggoz is rewriting the rules of the ₹1 lakh crore Indian egg industry.

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Cracking into the Big League

In a Series C round led by Gaja Capital, Eggoz, the top agri-consumer brand in India that specializes in healthy, clean eggs and egg-based treats, has received $20 million. IvyCap Ventures, Rebright Partners, Avaana Capital, NABVENTURES, and other current investors also took part, demonstrating their increasing faith in the brand’s innovative strategy.

Abhishek Negi, Aditya Singh, and Uttam Kumar, all graduates of IIT Kharagpur, founded Eggoz in 2017 with the goal of removing unsanitary, loosely marketed eggs from Indian kitchens by providing a safer, branded substitute. The firm intends to use this capital to strengthen its supply chain, improve its technological infrastructure, and increase its footprint—all while upholding its fundamental quality promise.

Eggoz Raises $20M in Series C Led by Gaja Capital to Expand Branded Egg Portfolio

Credits: Startuptalky News

From Backyard to Brand: The Eggoz Story

India consumes over 140 billion eggs a year, but 95% of them are sold loose, often under unhygienic conditions and without traceability. Eggoz took on this challenge headfirst, introducing India to branded, farm-fresh eggs that are antibiotic-free, undergo 11+ hygiene checks, and are fed a 100% herbal diet.

Operating through a tech-enabled, asset-light model, Eggoz integrates directly with farmers—empowering them with better practices and fair pricing. The result is a vertically integrated system that ensures consistency in quality while remaining scalable and efficient.

Their product range has also evolved beyond traditional eggs, with India’s first line of egg-based snacks like momos and burger patties, catering to the growing urban demand for high-protein, ready-to-eat options.

Metrics That Matter

Eggoz’s growth has been nothing short of impressive. In FY25, the company clocked ₹130 crore in net cash revenue—a 76% year-on-year surge from ₹74 crore in FY24. In the final quarter of FY25, the brand reached an annual revenue run rate (ARR) of ₹200 crore and achieved EBITDA breakeven, signaling operational maturity.

Currently present in 11 major cities including Delhi NCR, Mumbai, Bengaluru, Hyderabad, Chennai, and Pune, Eggoz is already the #1 branded egg player across India’s top e-commerce and quick commerce platforms.

Backing from the Best

Speaking on the fundraise, Co-founder and CEO Abhishek Negi said,

“At Eggoz, we’re not just building a brand—we’re redefining a category that reaches most Indian households. This capital will help us strengthen our presence in current markets, expand to new cities, and invest in technology and supply chain infrastructure. Our mission is to make clean, protein-rich eggs accessible to all, while empowering farmers.”

Gopal Jain, Managing Director of Gaja Capital, emphasized the strategic alignment with Eggoz’s mission:

“Eggoz is solving a critical gap in India’s protein ecosystem with a scalable, tech-first approach. 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.”

Vikram Gupta, Founder of IvyCap Ventures, echoed the sentiment:

“Eggoz exemplifies our belief in backing founders who solve large-scale, real-world problems with innovation and purpose.”

Eggoz raises $20 million funding to expand branded egg business - Times of India

Credits: Times of India

What’s Next for Eggoz?

Eggoz hopes to expand its reach in current cities and penetrate new urban areas with the new capital. A sizeable amount will also be used to strengthen its technology infrastructure in order to guarantee supply chain transparency, traceability, and real-time farm monitoring.

Eggoz has a unique position to turn the egg from a commodity into a dependable, valuable product for millions of people in a market where food safety, nutrition, and convenience are quickly becoming non-negotiables.

Eggoz is placing a large wager on the future of nutrition in general as well as on the humble egg in response to India’s growing demand for clean-label, high-protein foods.

Tags: #Abhishek_Negi#agri_startupEggozFundings
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Ishaan Negi

Ishaan is a student at Sri Venkateswara College, University of Delhi, where he combines his academic pursuits with a deep passion for technology and storytelling. Ever since his school days, Ishaan has been an avid reader, a thoughtful writer, and an articulate speaker. These interests have naturally evolved into a strong inclination towards journalism, especially in the fast-paced world of tech. Known for his balanced approach, Ishaan is committed to presenting unbiased viewpoints and ensuring every story he tells is rooted in facts and multiple perspectives. Whether he’s reporting on emerging startups, corporate developments, or ethical issues in the tech space, he brings a sharp analytical lens and a curiosity-driven mindset to his work. With a strong foundation in research and communication, Ishaan strives to make complex topics accessible to readers while maintaining depth and nuance. His goal is not just to inform but also to spark thoughtful conversations around the ever-evolving tech landscape.

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