Eggoz
Overview
Eggoz is an agri-consumer brand based in India that is revolutionizing the egg industry by offering farm-fresh, branded eggs along with a range of egg-based snacks. Founded in 2017 by IIT Kharagpur alumni Abhishek Negi, Aditya Singh, and Uttam Kumar, Eggoz operates a tech-enabled, asset-light model directly integrating with farmers to ensure safety and traceability. Headquartered in Gurugram, India, the company has raised over $29 million as of 2025, with the latest Series C funding round led by Gaja Capital.
Recent Developments
- June 2025: Eggoz raised $20 million in Series C funding, led by Gaja Capital and supported by existing investors like IvyCap Ventures and Rebright Partners. The funding will be used to expand Eggoz's market presence, enhance supply chain infrastructure, and invest in technology. The company reported a 76% year-on-year growth, achieving net cash revenue of ₹130 crore in FY25 and breakeven on EBITDA.
- 2024: Eggoz recorded a significant increase in its operating revenue reaching ₹74.9 crore, and it continued to expand its market outreach into new regions, including East India. It also introduced a new line of ready-to-cook, protein-rich snacks, expanding its product diversity beyond eggs.
- October 2024: Eggoz's latest funding round prior to Series C was a Series B round where $2.62 million was raised.
- 2023-2024: The company saw substantial growth in its market share within the Indian egg industry, becoming the leading branded egg supplier on quick commerce and e-commerce platforms.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | November 29, 2017 |
| Headquarters | Gurugram, India |
| Founders | Abhishek Negi, Aditya Singh, Uttam Kumar |
| Revenue | ₹130 crore in FY25 |
| Profits | EBITDA breakeven in Q4 FY25 |
| Key Investors | Gaja Capital, IvyCap Ventures, Rebright Partners |
| Industry | Agri-consumer, Food Production |
| Number of Employees | 129 as of April 2025 |
Early History
Eggoz was conceived in 2017 by three IIT Kharagpur graduates who aimed to revolutionize India's egg market. Understanding the prevalent qualities and hygiene issues, they set up a decentralized model in Bihar with an initial investment, although they had no prior poultry farm experience. Their intent was to produce eggs that are fresh, hygienic, and traceable, which they achieved by directly working with local farmers. This ground-up methodology provided insights into rural agricultural challenges, laying the foundation for Eggoz's asset-light, technology-driven approach to scale sustainably while empowering the local farming community.
Company Profile and Achievements
Eggoz has prominently positioned itself as a leader in branded eggs, focusing on safety, hygiene, and nutritional superiority. The company's business model leverages technology and direct integration with farmers, allowing it to maintain stringent quality control—eggs undergo multiple safety checks before reaching the consumer. Some of the significant milestones include:
- Developing a robust distribution network across major Indian cities and scaling operations in 11 cities including Delhi NCR, Bangalore, and Hyderabad by 2025.
- Launching India's first line of egg-based ready-to-cook snacks, including egg momos and burger patties, serving the growing urban demand for convenient, protein-rich food options.
- Achieving a peak annual recurring revenue of ₹200 crore by Q4 FY25.
- Gaining recognition as a trusted consumer brand in a predominantly unbranded market segment, through consistent innovation and adherence to quality.
Current Operations and Market Position
As of 2025, Eggoz is a market leader in the egg industry in India, recognized for its commitment to quality and nutritional value. By directly cooperating with farmers, Eggoz ensures supply chain transparency and product traceability. The company's market strategy includes expanding the geographical footprint while maintaining its focus on urban consumers via online retail channels. Eggoz's competitive edge lies in its potent combination of farmer empowerment, rigorous safety practices, and strategic market positioning against traditional and newer market players such as Licious and Country Delight.
Conclusion
Eggoz stands as a transformational entity in India's egg industry, focusing on hygiene and traceability amidst an unorganized sector. With a commitment to quality and innovation, Eggoz positions itself for continued growth and greater market impact. Its focus on building a robust brand while supporting local farmers exemplifies a forward-thinking approach capable of setting benchmarks in both domestic and potentially international markets. As it continues its expansion, Eggoz is poised to drive further transformation within the Indian protein industry, emphasizing clean, reliable, and nutritious food options.