Eggoz raises $20 million funding led by Gaja Capital

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Egg brand Eggoz has raised $20 million (about Rs 167 crore) in fresh capital, with mid-market private-equity firm Gaja Capital anchoring the round. Key existing backers IvyCap Ventures, Rebright Partners, Avaana Capital, Merisis Opportunities Fund, Nabventures, Blue Dot Capital and Artek Chemicals, have also participated in the round, people familiar with the deal told ET.

The company will be using the funds to penetrate deeper into the current markets in which it is already present, which includes major cities in North India, Bangalore, Hyderabad and…



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Eggoz raises $20 million funding led by Gaja Capital



Egg brand Eggoz has raised $20 million (about Rs 167 crore) in fresh capital, with mid-market private-equity firm Gaja Capital anchoring the round. Key existing backers IvyCap Ventures, Rebright Partners, Avaana Capital, Merisis Opportunities Fund, Nabventures, Blue Dot Capital and Artek Chemicals, have also participated in the round, people familiar with the deal told ET.

The company will be using the funds to penetrate deeper into the current markets in which it is already present, which includes major cities in North India, Bangalore, Hyderabad and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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