Egg-focused consumer startup Eggoz is looking to raise INR 125 Cr (around $14.6 Mn) in a round led by Gaja Capital, with participation from existing investors IvyCap Ventures and Rebright Partners.
Of the total INR 125 Cr, Gaja Capital will invest INR 100 Cr, while IvyCap Ventures and Rebright Partners will pump INR 20.94 Cr and INR 4.05 Cr, respectively.
In a filing with the Ministry of Corporate Affairs (MCA), the Gurugram-based Eggoz said, “The consent of the shareholders, be and is hereby accorded to invite/offer, issue and raise up to INR 124,99,71,185/- in the form of mixed issuance of securities to the following investor.”
Besides this round, Eggoz is also raising INR 1.3 Cr from angel investor Anurag Jhanwar by way of preferential shares allotment.
Entrackr reported the development first
Founded in 2017 by Abhishek Negi, Uttam Kumar, and Aditya Singh, Eggoz sources eggs directly from farmers and supplies them to retailers.
The company currently operates across Delhi NCR, Bengaluru, Hyderabad, Mumbai, Pune, Jaipur, Chandigarh, Lucknow and Indore. Eggoz eggs are available both online (via platforms such as Blinkit, Zepto, and Swiggy Instamart) and offline in physical stores.
In 2024, Eggoz ventured into the ready-to-cook category with products like momos, burger patties, and nuggets. This move into frozen, protein-rich snacks is part of its broader strategy to diversify its portfolio and cater to the rising demand for convenient, nutritious meal options.
In 2022, Eggoz raised $8.8 Mn in its Series B round of investment.
(The story will be updated soon)
The post Eggoz To Raise INR 125 Cr From Gaja Capital, Others appeared first on Inc42 Media.
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