As businesses across India look for quicker deliveries without compromising on sustainability, Bengaluru-based EV logistics startup TOCAL is scaling up to meet the demand. The company has raised Rs 9 crore in a seed funding round led by XB Group, the parent company of K-Indev Logistics, with participation from Navyug Global Ventures and Nivetha Muralidharan.
Founded in 2021 by Dhairyasheel Deshmukh and Hidayathulla Shareef, TOCAL is building a technology-driven logistics platform that combines EV-powered last-mile deliveries, fulfillment centres, fleet management software, and rider enablement into one integrated ecosystem. The goal is to help businesses streamline their supply chains while making deliveries faster, more efficient, and environmentally responsible.
The fresh capital will support the company’s next phase of growth. TOCAL plans to expand its operations, establish strategically located fulfillment centres, strengthen its electric vehicle fleet and operational infrastructure, enhance its warehouse and fleet management technology, and deepen enterprise partnerships.
Looking ahead, the startup has ambitious plans. Over the next four to five years, TOCAL aims to expand its presence to more than 15 cities, deploy over 20,000 electric vehicles, operate 75 fulfillment centres, and work with over 1,000 brands across the country.
Operating in India’s rapidly evolving logistics ecosystem, TOCAL competes with players such as Zypp Electric, Shadowfax, LoadShare Networks, and Fyn Mobility, as it focuses on building a sustainable and technology-first logistics network.
-By Muskan Dengra
