Eggoz Secures $20 Million in Series C Funding

Eggoz is an agri-consumer brand that has successfully raised $20 million in a Series C funding round led by Gaja Capital. This round also attracted investments from prominent existing investors including IvyCap Ventures, Rebright Partners, Avaana Capital, NABVENTURES, Merisis Opportunities Fund, Arvind Thakur, S. Ramadorai, Artek Chemicals, Blue Dot Capital, and several notable angel investors.

The funds will be utilised to bolster its presence in existing markets, expand into new cities, and invest in technology alongside supply chain infrastructure, as stated in a recent press release by Eggoz.

Last week, Startup Superb provided exclusive insights into Eggoz’s new funding round.

About Eggoz

Founded in 2017 in Bihar by Abhishek Negi, Aditya Singh, and Uttam Kumar, Eggoz operates using a farmer-led, asset-light model that guarantees fresh eggs reach retailers within 24 hours. The brand has successfully expanded its footprint across Delhi-NCR, Bengaluru, Kolkata, Jaipur, Lucknow, and various non-metro cities. To diversify its offerings, Eggoz has also ventured into ready-to-cook products such as momos, burger patties, nuggets, and more.

Innovation in the Egg Market

Eggos asserts that it employs a technology-driven, asset-light strategy that connects directly with farmers. This ensures that each egg is safe, traceable, and nutritionally superior. The brand conducts over 11 safety and hygiene checks and uses 100% herbal hen feed.

Market Position

As per market research, the Indian egg market is valued at $12 billion. The company has reported a 76% year-on-year growth in revenue, with net cash revenue climbing to Rs 130 crore in FY25 from Rs 74 crore in FY24. Eggoz claims to have reached a peak annual recurring revenue (ARR) of Rs 200 crore and achieved EBITDA breakeven in Q4 FY25, driven by robust consumer demand and an expanded distribution network.