Agri startup Eggoz raises Rs 2.5 cr seed funding from angel investors; to focus on growth, expansion plan
Eggoz works with farmers under deep integration at several locations in North India, using cutting-edge nutritional engineering and technology to produce high quality and nutrition-rich eggs.
The startup offers credit, savings and insurance solutions to blue-collar, gig workers.
Angel tax is tax on capital that is raised by unlisted companies by issuing shares in excess of their fair market value.
Currently, only 12% of India's 355 million women use sanitary napkins due to lack of affordability and poor access to good quality products
"We want to have first mover advantage in cities like Kanpur, Lucknow and other Tier 2 and 3 cities," says Menon, Founder and CEO.
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