Agritech startup Eggoz raises $350k funding
Agritech startup Eggoz raises $350k (around Rs 2.5 crore) funding from investors to fund its expansion plans.
Founded in December 2017, the startup is a full-stack egg producer of nutrition-rich eggs. It operates a network of poultry farms in Indian states like Bihar and Madhya Pradesh.
Eggoz has raised $350k as part of its seed funding. It had earlier secured $200k 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, the company said.
Eggoz has so far sold over 20 million eggs and has more than 100k birds under management. It has developed a new farming model for small-sc...