Eggoz Nutrition, India’s farm-fresh egg brand, has raised ₹125 crore (~$14.7 million) in a Series C funding round led by Gaja Capital, with participation from existing backers IvyCap Ventures and Redbright Partners. This latest capital infusion is set to accelerate Eggoz’s footprint in both fresh egg delivery and ready-to-cook segments across Indian markets.
Key Highlights:
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🥚 Funding Round: ₹125 crore (~$14.7 million)
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💰 Lead Investor: Gaja Capital (₹100 crore)
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🔄 Follow-on Investors: IvyCap Ventures (₹20.95 crore) and Redbright Partners (₹4.05 crore)
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📈 Valuation: Estimated post-money valuation at ₹480–500 crore (~$55–58 million)
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🧾 Source: Regulatory filings from RoC
According to filings reviewed via the Registrar of Companies (RoC), Eggoz issued 15,334 Series C preference shares at ₹81,511 per share, along with one equity share, to raise the current round.
About Eggoz
Founded in 2017 in Bihar by Abhishek Negi, Aditya Singh, and Uttam Kumar, Eggoz has built an asset-light, farmer-led model that emphasizes freshness, sustainability, and traceability. The brand ensures eggs reach retailers within 24 hours of laying, providing a competitive edge in quality and hygiene.
Eggoz Market Presence and Expansion Plans
Eggoz currently operates across:
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Delhi-NCR
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Bengaluru
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Kolkata
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Jaipur
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Lucknow
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Tier-2 and Tier-3 cities
With the new funding, Eggoz plans to deepen its distribution in urban and semi-urban markets, while expanding its ready-to-cook product line that includes:
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Momos
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Burger patties
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Nuggets
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Egg-based snacks
Funding Journey So Far
Eggoz has raised over $27 million in total funding:
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💸 Series B: $8.8 million led by IvyCap Ventures
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🥚 Series A: $3.5 million
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🌱 Seed Round: ₹3.7 crore
This Series C round marks a 60% jump in valuation compared to its previous raise — signaling strong investor confidence in the brand’s scalability and unit economics.
Financial Performance
Eggoz saw healthy top-line growth in FY24:
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📊 Revenue: ₹73.1 crore (up 33.6% YoY)
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🔻 Losses: ₹25 crore (reduced by 24% YoY)
The FY25 numbers are yet to be filed, but early signals suggest improved efficiency and strategic expansion.
As the demand for clean-label, protein-rich foods continues to grow in India, Eggoz is well-positioned to lead the transformation of the poultry and egg consumption ecosystem.
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