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uttam-kumarIIT-Kharagpur alumnus founded agritech startup Eggoz raised Rs 2.5 Cr in seed round

YourStory (May 18, 2020)

[Funding alert] Agritech startup Eggoz raises Rs 2.5 Cr in seed round

The Bihar-based startup had earlier secured Rs 1.2 crore from a clutch of angel investors. It will use the latest funding to fuel its growth and expansion plans.

Egg producer and agritech startup Eggoz has raised Rs 2.5 crore as part of its seed funding to fuel its growth and expansion plans. The Bihar-based startup had earlier secured Rs 1.2 crore from a clutch of angel investors.

The seed funding round saw participation of investors like Tracxn Labs, Angellist, Tri-Deep Capital, founders of Letstransport, and Angel investors along with existing investors--Narendra Sankar, Sunil Mishra, and Vishal Sharma.

Uttam Kumar ('14), an IIT Kharagpur alumnus and Eggoz founder, said, "Eggoz poultry farming is one of the most profitable and stable business to generate allied income for many marginal farmers as well as to fulfill protein enriched food requirement of the growing population." (Read More)