Abhishek Negi (Eggoz)
Overview
Abhishek Negi is an Indian entrepreneur known for co-founding Eggoz, India’s first egg-focused consumer brand, alongside Aditya Singh and Uttam Kumar. Since its inception in 2017, Eggoz has grown significantly in the Indian market by focusing on providing high-quality, chemical-free eggs sourced from local farmers. Abhishek Negi, who graduated with a degree in Electrical Engineering from the Indian Institute of Technology, Kharagpur, has been pivotal in steering the company towards achieving a noteworthy annual revenue milestone of Rs 200 crore. Eggoz aims to revolutionize the egg industry in India by ensuring quality and freshness with their tech-enabled, farmer-integrated supply chain.
Recent Developments
- 2025: Eggoz raised $20 million in Series C funding led by Gaja Capital, with participation from existing investors, including IvyCap Ventures, Rebright Partners, and Avaana Capital. This funding is aimed at expanding market presence, enhancing supply chain infrastructure, and entering new regional markets.
- 2025: Eggoz reported a substantial 76% year-on-year growth in revenue, reaching Rs 130 crore for the fiscal year. The company hit an annualized revenue run rate of Rs 200 crore and achieved EBITDA breakeven, underlining strong consumer demand.
- 2024: The company introduced a frozen products range, including egg momos and burger patties, broadening its product portfolio and tapping into the ready-to-cook meals segment.
- 2024: Despite the economic effects of the COVID-19 pandemic, Eggoz managed to expand its operations to several tier-2 cities in India following a successful Series B funding round.
- 2023: After achieving an annual revenue of Rs 100 crore, Eggoz continued its expansion across major Indian cities and introduced initiatives aimed at improving egg quality and farmer income.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Abhishek Negi |
| Born | Not publicly available |
| Nationality | Indian |
| Occupation | Entrepreneur |
| Known For | Co-founder of Eggoz |
| Education | B.Tech in Electrical Engineering from IIT Kharagpur |
Early Life and Education
Abhishek Negi's formative years were spent in India, where he developed a strong interest in technology and engineering. He pursued his higher education at the Indian Institute of Technology, Kharagpur, one of the most prestigious institutions in India, where he earned a degree in Electrical Engineering. His education played a significant role in equipping him with the skills and knowledge required to navigate the business and entrepreneurial landscapes. Before Eggoz, Negi's entrepreneurial journey included co-founding 'Roder', a travel-related venture that built his insight into addressing systemic challenges within industries.
Career and Notable Achievements
Abhishek Negi ventured into entrepreneurship with several aims:
- 2017: Co-founded Eggoz with Aditya Singh and Uttam Kumar to bring standardized, fresh, and hygienic eggs to the Indian market.
- 2020: Successfully launched Eggoz as a major brand in the Indian egg market, leveraging a tech-enabled, asset-light model integrating with local farmers.
- Series of Funding Rounds: Secured multiple rounds of funding, including Series B and C, to expand Eggoz’s operations and infrastructure.
- Product Innovation: Introduced a line of egg-based products, including high-protein snacks, which cater to the modern consumer's need for convenience and nutrition.
- Market Expansion: Grew the company’s presence to over 11 major Indian cities and integrated technology to enhance supply chain efficiency.
Current Work and Impact
Currently, Abhishek Negi continues to lead Eggoz, focusing on expanding its footprint both geographically and within its product line. His impact extends beyond mere revenue figures, as Eggoz aims to set new standards in the egg industry by advocating for protein-rich diets. Through partnerships with local farmers, the company enhances egg quality, thus, directly impacting public health and nutrition in India. The brand’s aspiration to be the "Amul of eggs" in India underscores its commitment to quality and reliability.
Eggoz Company Details
Eggoz stands as a testament to innovative agribusiness practices in India:
- Founded: 2017
- Headquarters: Gurugram, India
- Revenue FY25: Rs 130 crore, with an expected annualized revenue run rate of Rs 200 crore by Q4 FY25
- Products: White eggs, brown eggs, and a line of ready-to-cook egg-based snacks
- Distribution Channels: Available in 11 major cities via e-commerce and quick commerce platforms
Eggoz Revenue
Eggoz reported a significant revenue stream, achieving a net cash revenue of Rs 130 crore for FY25. The emphasis on quality control via 11-point safety checks and the use of herbal hen feed has been crucial to the brand's acceptance and performance in a market that is traditionally dominated by unbranded, loose sales.
Conclusion
Abhishek Negi's journey with Eggoz is a quintessential example of innovation meeting industry demand in an impactful manner. By leveraging technology and focusing on a crucial aspect of daily nutrition—eggs—Negi and his team have essentially turned a basic commodity into a symbol of health and safety. Looking forward, Eggoz’s blueprint for the Indian egg industry suggests a potential substantial impact, not only on consumer health but also on farmer livelihood and industry practices.