The latest round also saw participation from Avaana Capital, Rebright Partners, Bellerive Capital and angel investors Sanjiv Rangrass and Indresh Saluja, the company said in a statement.
The company plans to use the funds for increasing brand footprint, launching of egg-based value-added products and entering new geographies.
The startup is primarily present in Delhi-NCR, apart from having footprints in Allahabad, Bhopal, Chandigarh, Indore, Patna and Ranchi.
“In the past four years, we have developed our quality integration model and are now poised for rapid growth,” Eggoz cofounder Abhishek Negi said. “The support of Nabventures and existing investors Avaana and Rebright will help propel the next phase of growth.”
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“This initiative of Eggoz will bring egg production closer to the consumption centres in North India while augmenting farmers’ income. We shall be working closely with Eggoz to deepen their penetration in the rural areas amongst farmers and other community groups,” Nabventures vice president Gills John said.
