Eggoz Raises $20 Mn in Series C Funding Round from Gaja Capital, Other Investors

Indian egg supply chain start-up Eggoz has raised $20 million in Series C funding round. The latest fundraise was led by private equity firm Gaja Capital, with participation from existing investors including IvyCap Ventures, Rebright Partners, Avaana Capital, Nabventures, and Merisis Opportunities Fund.

Some individual investors such as Arvind Thakur, S Ramadorai, Artek Chemicals, and Blue Dot Capital also joined the round. The start-up will use the fresh capital to capitalise on growing consumer demand for branded, traceable food products in a traditionally unorganised market.

“We are excited to welcome Gaja Capital to the Eggoz family as we enter our next growth phase. This capital will help us strengthen our presence in current markets, expand to new cities, and invest in technology and supply chain infrastructure,” said Abhishek Negi, cofounder and CEO of Eggoz.

Over 95% of eggs in India are sold loose, often lacking basic hygiene quality. Speaking about the investment, Gopal Jain, CEO and managing director at Gaja Capital, said, “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”.

“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,” said Vikran Gupta, founder and managing partner at IvyCap Ventures.

Founded in 2017 by IIT Kharagpur alumni Abhishek Negi, Aditya Singh, and Uttam Kumar, Egooz is on a mission to revolutionise the way Indians consume eggs. It offers a wide range of branded eggs and is currently available in more than 11 major cities, including Delhi NCR, Bengaluru, Mumbai, Hyderabad, Chennai, and Pune.

Eggoz has reported a 76% year-on-year revenue growth, with net cash revenue reaching ₹130 crore in FY25, up from ₹74 crore in FY24. It has achieved a peak brand ARR of 200 crore and EBITDA breakeven. It attributes the growth to strong consumer demand and expanded distribution.