Eggoz: Scrambling to the Top of India’s Egg Market
June 30, 2025, 5:09 pm
In a world where food safety is paramount, Eggoz is cracking the code. The Indian agri-consumer brand has recently raised $20 million in a Series C funding round, led by Gaja Capital. This fresh capital is not just a number; it’s a lifeline for a company poised to redefine the egg market in India.
Founded in 2017 by three IIT Kharagpur graduates—Abhishek Negi, Aditya Singh, and Uttam Kumar—Eggoz is on a mission. The goal? To improve the quality of eggs and tackle the hygiene issues plaguing India’s largely unorganized egg industry. With the country producing over 140 billion eggs annually, the need for quality and traceability has never been more critical.
The latest funding round saw participation from a host of existing investors, including IvyCap Ventures, Rebright Partners, and Blue Dot Capital. This backing is a testament to the confidence investors have in Eggoz’s vision. The company is not just selling eggs; it’s building a brand that resonates with health-conscious consumers.
Eggoz operates on a tech-enabled, asset-light model. This means they work directly with farmers, ensuring product traceability through rigorous safety checks. The company employs 11 safety checks and uses 100% herbal feed, setting a new standard in the industry. This commitment to quality is what sets Eggoz apart in a market dominated by unbranded, loose sales.
Currently, Eggoz is present in over 11 cities, including major hubs like Delhi NCR, Mumbai, and Bengaluru. The company has established a robust distribution network across quick commerce and online grocery platforms. This strategic positioning allows Eggoz to reach consumers where they are, making it easier to access safe, hygienic eggs.
The financials tell a compelling story. Eggoz reported a staggering 76% growth in net cash revenue, reaching Rs 130 crore in FY25, up from Rs 74 crore the previous year. The company achieved an annualized revenue run rate of Rs 200 crore in Q4 FY25 and reached EBITDA breakeven. These numbers are not just metrics; they reflect a growing demand for safe, traceable protein sources in India.
The funding will be used to deepen Eggoz’s market presence in existing cities and expand into new regions, particularly in East India. This expansion is crucial as the company aims to capture a larger share of the $12 billion Indian egg market. By building a consumer-facing brand, Eggoz is not only enhancing its margins but also providing better practices for farmers.
The journey of Eggoz is a classic tale of innovation meeting necessity. In a fragmented market, the company is transforming the way eggs are perceived and consumed. It’s not just about selling a product; it’s about creating a trusted brand that consumers can rely on.
Gaja Capital’s CEO, Gopal Jain, highlighted the critical gap Eggoz is addressing in India’s protein ecosystem. The company’s scalable approach positions it well for long-term leadership in food and nutrition. This is not just a business; it’s a movement towards better food quality and safety.
The support from IvyCap Ventures further underscores the potential of Eggoz. Their founder, Vikram Gupta, emphasized the importance of quality and traceability in the egg market. Eggoz is not just another player; it’s a pioneer, turning a fragmented category into a trusted consumer brand.
As Eggoz prepares for its next growth phase, the focus will be on enhancing technology and supply chain infrastructure. This investment is vital for ensuring hygienic and traceable egg distribution at scale. The company is not just looking to grow; it’s looking to set the standard for the industry.
In a market where consumers are increasingly aware of food safety, Eggoz is riding the wave of change. The demand for clean, protein-rich, and hygienically produced eggs is on the rise. Eggoz is not just meeting this demand; it’s leading the charge.
The road ahead is filled with opportunities. With the new funding, Eggoz is well-equipped to expand its footprint and strengthen its brand. The company is not just building a business; it’s building a legacy.
In conclusion, Eggoz is more than just an egg brand. It’s a symbol of innovation in the food industry. As it continues to grow and evolve, one thing is clear: Eggoz is scrambling to the top, and it’s not looking back. The future of eggs in India is bright, and Eggoz is at the forefront of this transformation.
Founded in 2017 by three IIT Kharagpur graduates—Abhishek Negi, Aditya Singh, and Uttam Kumar—Eggoz is on a mission. The goal? To improve the quality of eggs and tackle the hygiene issues plaguing India’s largely unorganized egg industry. With the country producing over 140 billion eggs annually, the need for quality and traceability has never been more critical.
The latest funding round saw participation from a host of existing investors, including IvyCap Ventures, Rebright Partners, and Blue Dot Capital. This backing is a testament to the confidence investors have in Eggoz’s vision. The company is not just selling eggs; it’s building a brand that resonates with health-conscious consumers.
Eggoz operates on a tech-enabled, asset-light model. This means they work directly with farmers, ensuring product traceability through rigorous safety checks. The company employs 11 safety checks and uses 100% herbal feed, setting a new standard in the industry. This commitment to quality is what sets Eggoz apart in a market dominated by unbranded, loose sales.
Currently, Eggoz is present in over 11 cities, including major hubs like Delhi NCR, Mumbai, and Bengaluru. The company has established a robust distribution network across quick commerce and online grocery platforms. This strategic positioning allows Eggoz to reach consumers where they are, making it easier to access safe, hygienic eggs.
The financials tell a compelling story. Eggoz reported a staggering 76% growth in net cash revenue, reaching Rs 130 crore in FY25, up from Rs 74 crore the previous year. The company achieved an annualized revenue run rate of Rs 200 crore in Q4 FY25 and reached EBITDA breakeven. These numbers are not just metrics; they reflect a growing demand for safe, traceable protein sources in India.
The funding will be used to deepen Eggoz’s market presence in existing cities and expand into new regions, particularly in East India. This expansion is crucial as the company aims to capture a larger share of the $12 billion Indian egg market. By building a consumer-facing brand, Eggoz is not only enhancing its margins but also providing better practices for farmers.
The journey of Eggoz is a classic tale of innovation meeting necessity. In a fragmented market, the company is transforming the way eggs are perceived and consumed. It’s not just about selling a product; it’s about creating a trusted brand that consumers can rely on.
Gaja Capital’s CEO, Gopal Jain, highlighted the critical gap Eggoz is addressing in India’s protein ecosystem. The company’s scalable approach positions it well for long-term leadership in food and nutrition. This is not just a business; it’s a movement towards better food quality and safety.
The support from IvyCap Ventures further underscores the potential of Eggoz. Their founder, Vikram Gupta, emphasized the importance of quality and traceability in the egg market. Eggoz is not just another player; it’s a pioneer, turning a fragmented category into a trusted consumer brand.
As Eggoz prepares for its next growth phase, the focus will be on enhancing technology and supply chain infrastructure. This investment is vital for ensuring hygienic and traceable egg distribution at scale. The company is not just looking to grow; it’s looking to set the standard for the industry.
In a market where consumers are increasingly aware of food safety, Eggoz is riding the wave of change. The demand for clean, protein-rich, and hygienically produced eggs is on the rise. Eggoz is not just meeting this demand; it’s leading the charge.
The road ahead is filled with opportunities. With the new funding, Eggoz is well-equipped to expand its footprint and strengthen its brand. The company is not just building a business; it’s building a legacy.
In conclusion, Eggoz is more than just an egg brand. It’s a symbol of innovation in the food industry. As it continues to grow and evolve, one thing is clear: Eggoz is scrambling to the top, and it’s not looking back. The future of eggs in India is bright, and Eggoz is at the forefront of this transformation.