Funding
Funding round · Logistics

TOCAL raises ₹9 crore for EV delivery and fulfilment expansion

XB Group led financing alongside Navyug Global Ventures and Nivetha Muralidharan.

By RoundOS Funding desk

TOCAL announced ₹9 crore in funding on July 6, 2026. XB Group, the parent group of K-Indev Logistics, led with an ₹8.5 crore commitment; Navyug Global Ventures and Nivetha Muralidharan also participated.

The Bengaluru company plans to expand its electric-vehicle delivery operations and set up fulfilment centres. Its partnership with K-Indev combines dedicated EV fleets and hyperlocal delivery with micro-warehousing and broader logistics capabilities.

Use of funds

Expand EV delivery operations

Establish fulfilment centres

Funding history

Funding round · This round₹90M

Sources

  1. TOCAL financingeconomictimes.indiatimes.com · Jul 6, 2026

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