BENGALURU: Branded egg producer Eggoz has raised $20 million in a Series C round led by Gaja Capital, with participation from existing investors including IvyCap Ventures, Rebright Partners, Avaana Capital, Nabventures, Merisis Opportunities Fund, Arvind Thakur, S Ramadorai, Artek Chemicals and Blue Dot Capital.The company, founded in 2017 by IIT Kharagpur alumni Abhishek Negi, Aditya Singh and Uttam Kumar, said the funding will be used to strengthen its market presence, expand to new cities, and invest in supply chain and technology infrastructure. Eggoz operates a tech-enabled, asset-light model integrating directly with farmers to ensure traceability and food safety across its supply chain.The company reported a 76% year-on-year growth in revenue, with net cash revenue reaching Rs 130 crore in FY25, up from Rs 74 crore in FY24.

It achieved peak brand annual recurring revenue of Rs 200 crore and broke even on Ebitda in Q4 FY25.The Gurugram-based company’s branded eggs are currently available in 11 major Indian cities, including Delhi NCR, Bengaluru, Mumbai, Hyderabad and Chennai, and are sold via e-commerce and quick commerce platforms.According to the company, more than 95% of eggs sold in India remain unbranded and lack basic hygiene checks.

Eggoz aims to address this gap by offering eggs that undergo over 11 safety checks and are produced using herbal hen feed. It has also introduced a line of egg-based snacks, including momos and burger patties, catering to urban demand for high-protein, ready-to-cook food.“Over 140 billion eggs are produced annually in India, yet quality remains inconsistent,” said Abhishek Negi, co-founder and CEO. “We’re building a trusted, scalable brand in a largely unorganised market while improving farmer incomes and consumer access to clean protein.”Gopal Jain, managing director at Gaja Capital, said Eggoz is “well-positioned to lead the next wave of growth in India’s food and nutrition sector” through its vertically integrated model and category-first branding.