As part of the seed funding, Agri-tech startup Eggoz has raised Rs 2.5 crore to fuel its expansion plans.
The seed funding round witnessed participation of investors, including Tri-Deep Capital, Tracxn Labs, Angellist, Letstransport, and Angel investors along with existing investors.
“Eggoz poultry farming is one of the most profitable and stable business to generate allied income for many marginal farmers as well as to fulfil protein enriched food requirement of the growing population,” Uttam Kumar, Eggoz co-founder, said.
Abhishek Goyal, Founder of Tracxn Labs, said: “India’s egg supply chain is largely unorganised. There is an opportunity for a player to implement best practices in production and create a trustworthy consumer brand. We were quite impressed by the founding team passion to solve this market.”
In addition, Eggoz is also working with farmers in North India as well, using nutritional engineering and advanced technology.