XB Group Leads Investment as TOCAL Targets 20,000 EVs and 75 Fulfillment Centres
Electric vehicle (EV) fleet and fulfillment infrastructure startup TOCAL has raised ₹9 crore in a seed funding round led by XB Group, the parent company of K-Indev Logistics. The round also saw participation from Navyug Global Ventures and Nivetha Muralidharan.
The fresh capital will help the Bengaluru-based startup accelerate its expansion plans by strengthening its electric vehicle fleet, building fulfillment infrastructure, enhancing technology capabilities, and expanding enterprise partnerships. The investment comes as businesses across India increasingly seek sustainable, technology driven logistics solutions to improve delivery efficiency while reducing carbon emissions.
Founded in 2021, TOCAL is positioning itself as an integrated logistics platform combining EV-powered last-mile delivery, fulfillment centres, and fleet management technology into a single ecosystem.
How Will TOCAL Use the Fresh Capital?
According to the company, the newly raised funds will be deployed across multiple strategic growth initiatives.
A significant portion of the investment will support the expansion of operations and the establishment of strategically located fulfillment centres to improve delivery speed and inventory management.
The company also plans to scale its electric vehicle fleet while investing in operational infrastructure to support growing customer demand.
In addition, TOCAL will strengthen its fleet management, warehouse management, and order management technology, enabling greater operational efficiency through automation and real-time visibility.
The remaining funds will be utilized to expand enterprise sales, strengthen strategic partnerships, and accelerate customer acquisition across multiple industries.
Building an Integrated EV Logistics Platform
Launched by Dhairyasheel Deshmukh and Hidayathulla Shareef, TOCAL focuses on enabling sustainable commerce through a technology driven logistics ecosystem.
Unlike traditional logistics providers, the company combines EV-powered last-mile delivery, fulfillment centres, fleet management software, and rider enablement solutions under one integrated platform.
The startup aims to help businesses optimize supply chains while improving delivery speed, operational efficiency, and environmental sustainability.
By integrating multiple logistics functions into a single technology platform, TOCAL enables brands to simplify operations without managing multiple service providers.
Addressing India’s Growing Sustainable Logistics Market
India’s logistics industry is witnessing rapid transformation as businesses increasingly prioritize faster deliveries, efficient warehousing, and environmentally sustainable transportation.
The growth of e-commerce, quick commerce, and direct-to-consumer (D2C) brands has significantly increased demand for integrated fulfillment and last-mile delivery solutions.
TOCAL believes its EV-first logistics model helps enterprises reduce operational costs and lower carbon emissions while maintaining high service standards.
The company’s integrated platform is designed to improve delivery planning, warehouse efficiency, fleet utilization, and rider productivity through technology-enabled operations.
As sustainability becomes an important business priority, electric vehicle logistics is expected to play a growing role in India’s supply chain ecosystem.
Ambitious Expansion Plans
Following the funding round, TOCAL has outlined aggressive long-term growth targets.
Over the next four to five years, the startup plans to expand its operations to more than 15 cities across India.
The company also aims to deploy over 20,000 electric vehicles, significantly increasing its last-mile delivery capacity.
Alongside fleet expansion, TOCAL plans to establish 75 fulfillment centres while building partnerships with more than 1,000 brands.
These initiatives are expected to strengthen the company’s nationwide logistics network and improve service availability for enterprise customers.
The expansion strategy reflects growing confidence in India’s transition toward sustainable logistics and electric mobility.
Competing in a Fast-Growing EV Logistics Sector
TOCAL operates in an increasingly competitive market alongside players such as Zypp Electric, Shadowfax, LoadShare Networks, and Fyn Mobility.
The sector has attracted significant investor interest as demand for EV-powered logistics continues to rise across e-commerce, grocery delivery, retail, healthcare, and manufacturing.
Companies are increasingly investing in technology platforms that combine fleet management, fulfillment infrastructure, and data-driven logistics optimization to improve operational performance.
TOCAL’s strategy of integrating fulfillment centres with EV-powered delivery differentiates it from traditional logistics providers focused solely on transportation.
Outlook
India’s logistics sector is expected to undergo significant transformation over the coming decade as electric mobility, automation, and digital infrastructure become central to supply chain operations.
Government support for EV adoption, increasing sustainability commitments from enterprises, and the rapid growth of online commerce are creating favorable conditions for technology-driven logistics startups.
With fresh funding, TOCAL plans to accelerate its nationwide expansion while strengthening its technology platform and operational capabilities.
If the company successfully executes its strategy of deploying 20,000 electric vehicles, establishing 75 fulfillment centres, and serving more than 1,000 brands, it could emerge as a significant player in India’s rapidly evolving sustainable logistics ecosystem.
