TOCAL, a technology-driven electric vehicle logistics startup, has raised ₹9 crore in a fresh funding round to strengthen its EV-powered logistics and fulfilment network across India. The investment was led by XB Group, the parent company of K-Indev Logistics, which contributed ₹8.5 crore, with additional participation from Navyug Global Ventures and investor Nivetha Muralidharan. The funding will help the company accelerate its nationwide expansion and enhance sustainable logistics services.
Founded by Dhairyasheel Deshmukh, Bengaluru-based TOCAL offers integrated EV logistics solutions for e-commerce, quick commerce, and direct-to-consumer (D2C) businesses. Its platform combines electric vehicle fleets, fulfilment centres, and digital fleet management tools to improve delivery efficiency while supporting environmentally responsible transportation.
As part of the funding, TOCAL has entered into a strategic partnership with K-Indev Logistics to develop a more connected logistics ecosystem. The collaboration aims to integrate warehousing, fulfilment operations, and EV-based last-mile delivery into a unified platform, enabling businesses to streamline supply chain operations and improve delivery performance.
The newly secured capital will be used to expand TOCAL’s presence in key cities across India. The company plans to establish additional fulfilment centres, increase the size of its electric vehicle fleet, strengthen its technology platform, and enhance warehouse and fleet management capabilities. It also intends to build stronger partnerships with enterprise customers across multiple sectors.
TOCAL has outlined an ambitious growth strategy for the coming years. The startup aims to expand its operations to more than 15 cities, deploy over 20,000 electric vehicles, establish 75 fulfilment centres, and support more than 1,000 brands through its integrated EV logistics platform. These initiatives are expected to strengthen India’s growing sustainable mobility and logistics ecosystem.
Speaking on the development, Founder and CEO Dhairyasheel Deshmukh said the investment marks an important milestone in TOCAL’s growth journey. He noted that the company is focused on building a scalable logistics platform that combines electric mobility, fulfilment infrastructure, and technology to meet the evolving needs of businesses while contributing to a cleaner and more efficient supply chain across India.
