EV logistics startup TOCAL raises Rs 9 cr to drive EV fleet, fulfillment expansion

TOCAL, a tech-driven EV fleet and fulfillment platform, has secured Rs 9 crore in funding led by XB Group. This investment will fuel expansion into new cities and the establishment of fulfillment centers. The funding also initiates a strategic alliance with K-Indev Logistics, aiming to create an integrated logistics network combining EV deliveries, warehousing, and nationwide reach to support India's growing commerce.