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Home > Startups > Funding > Eggoz raises $20 million in Series C funding led by Gaja Capital

Eggoz raises $20 million in Series C funding led by Gaja Capital

Founded in 2017 by Abhishek Negi, Aditya Singh, and Uttam Kumar, Eggoz offers a wide range of branded eggs and a line of egg-based snacks, including egg momos and burger patties.

Abhinav Kumar Singh
Last updated: June 30, 2025 3:52 PM
By Abhinav Kumar Singh
Eggoz raises $20 million in Series C funding led by Gaja Capital
Eggoz raises $20 million in Series C funding led by Gaja Capital
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Eggoz, an egg brand, has raised $20 million in a 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.

Founded in 2017 by Abhishek Negi, Aditya Singh, and Uttam Kumar, Eggoz offers a wide range of branded eggs and a line of egg-based snacks, including egg momos and burger patties. Eggoz operates as an asset-light model that directly integrates with farmers.

Eggoz claims to offer 11+ safety and hygiene checks and 100% herbal hen feed, setting new benchmarks in quality and food safety that ensure every egg is safe, traceable, and nutritionally superior.

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Currently, Eggoz is available in over 11 major cities, including Delhi NCR, Bengaluru, Mumbai, Hyderabad, Chennai, and Pune. Eggoz has a strong presence on leading quick commerce and e-commerce platforms.

The company reported a 76% year-on-year revenue growth, with net cash revenue reaching ₹130 crore in FY25, up from ₹74 crore in FY24. In Q4 FY25, Eggoz achieved a peak brand ARR of ₹200 crore and EBITDA breakeven.

Abhishek Negi, Co-Founder & CEO of Eggoz, said, “We’re excited to welcome Gaja Capital to the Eggoz family as we enter our next growth phase. 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. Over 95% 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.”

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.”

TAGGED:Avaana CapitalBlue Dot CapitalEggozGaja CapitalIvyCap VenturesMerisis AdvisorsNabventuresRebright Partners

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