About Us
Postgraduate Programme
Undergraduate Programme
Executive Programme
Innovations
Student Life
Outclass
Disrupting India’s ₹90,000 Cr Egg Industry: IITian Founders’ Recipe for Success
December 9, 2024
Founded in 2017 by IIT Kharagpur alumni Abhishek Negi, Aditya Singh, and Uttam Kumar, Eggoz is transforming India’s egg industry with a focus on quality and sustainability. From their first poultry farm in Bihar, Eggoz has expanded to offer innovative products like Momoz and Burger Patties, all while ensuring safety with 11 rigorous checks. Committed to empowering rural farmers and reducing emissions, Eggoz is on a mission to make India a protein-positive nation.
In a market dominated by unbranded, inconsistent products, a group of IITian founders has cracked the code to transform India’s ₹90,000 crore egg industry. By focusing on quality, standardisation, and innovation, they’re not just selling eggs—they’re creating a branded category that promises fresh, reliable products for every consumer.
The Egg Industry's Big Breakthrough
It all began with a simple observation: poor egg quality in retail. The founders recognised that inconsistent quality was a major pain point for consumers. Determined to change that, they set out to introduce a game-changing solution to an industry that had been largely unbranded for decades.
Standardising Quality in a Flawed Market
One of the founders’ key insights was that quality control is crucial. With a market flooded by unstandardised eggs, they made it their mission to offer consistent, high-quality eggs, building trust with their customers. This commitment to quality has enabled them to set a new standard, positioning their brand as synonymous with freshness and reliability.
Tapping into a ₹90,000 Cr Opportunity
With India’s egg industry worth a staggering ₹90,000 crore, the opportunity for growth was clear. The founders saw untapped potential, not just in retail, but in egg-based products and innovative offerings. Their goal wasn’t just to sell eggs—it was to disrupt the market with fresh ideas and create a branded category that could expand well beyond the traditional supply chain.
Decentralised Operations for Efficiency
To maintain the freshness and quality of their product, the founders implemented decentralised operations, ensuring that eggs were processed within hours of procurement. This approach drastically reduces waste and ensures that every egg reaches the consumer at peak freshness, strengthening the brand’s reputation.
Securing Funding for the Next Big Leap
Investor confidence is a key indicator of potential, and the founders raised a whopping ₹100 crore from venture investors to scale their operations. This funding allows them to further enhance their supply chain, expand marketing efforts, and explore new product categories, setting the stage for rapid growth.
Diverse Revenue Streams
Revenue streams are flowing from a range of channels, including modern trade and quick commerce, helping the company diversify its risk while increasing market penetration. By embracing multiple distribution channels, they’re making high-quality eggs accessible to a broader audience, wherever they shop.
AI-Driven Innovation
Leveraging AI tools for demand prediction and productivity is another cornerstone of their success. By incorporating technology, they can optimise their operations, reduce waste, and stay ahead of market fluctuations, ensuring that they are always aligned with consumer needs and demands.
Building a Strong Brand Identity
While product quality is paramount, creating a brand identity that resonates with consumers is equally important. Through effective branding and customer engagement, the founders aim to establish their products as the go-to choice for fresh, high-quality eggs, ensuring they stand out in a largely unbranded market.
These IITian founders are not just cracking eggs—they’re cracking open the potential for an entire industry to evolve. By combining a commitment to quality, innovative business strategies, and the power of technology, they’re redefining what it means to sell eggs in India. The future of the egg industry is not only fresh but branded, and these founders are leading the charge.
Watch the full video to learn more about Eggoz’s commitment to empowering rural farmers, reducing emissions, and contributing to a greener future:
Visit our YouTube channel to explore more: Life At Masters’ Union | Explained in 3 Minutes (youtube.com).