EV fleet startup TOCAL secures Rs 9 Cr in seed funding led by XB Group to expand operations and enhance its EV fleet and infrastructure.
Amount Raised
₹90 Million
Round Type
Seed
BengaluruTransportationSupply Chain ManagementLogisticsInvestors
Description
TOCAL has raised Rs 9 crore in a seed funding round led by XB Group, with participation from Navyug Global Ventures and Nivetha Muralidharan. The proceeds will be used to expand operations and scale its EV fleet and technology. Launched in 2021, TOCAL offers integrated logistics solutions for sustainable commerce. The company aims to expand to more than 15 cities and deploy over 20,000 electric vehicles in the coming years.
Quick answer
TOCAL raised ₹90 Million in a Seed round, dated July 6, 2026. Investors: Navyug Global Ventures, Nivetha Muralidharan and XB Group. TOCAL is based in Bengaluru, Karnataka, India.
- How much did TOCAL raise?
- TOCAL raised ₹90 Million in a Seed round on July 6, 2026.
- Who invested in TOCAL?
- Navyug Global Ventures, Nivetha Muralidharan and XB Group are named as investors in this round.
- What does TOCAL do?
- TOCAL is a technology driven EV fleet and fulfillment infrastructure company enabling sustainable commerce through EV powered last mile delivery, fulfillment centres, and fleet management technology.
- Where is TOCAL based and how big is it?
- TOCAL is based in Bengaluru, Karnataka, India.
Source: Fundz verified event record.
Who else raised in Transportation and Supply Chain Management around the same time
Companies in the same sectors as TOCAL that raised within 45 days of this round, from Fundz verified event records.
- Shiplog raised $1M (Pre-Seed) on August 4, 2026.
- Primeline Group raised $569M on August 1, 2026.
- 5U AI raised $3.2M (Pre-Seed) on July 28, 2026.
- TechTaca raised $13M on July 24, 2026.
- Czech Grid.online raised $4.5M (Seed) on June 23, 2026.
- Cargofy raised $11M (Series A) on June 18, 2026.
Who to call at TOCAL, and when
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- The decision-makers there, with verified emails
- Who you already know at TOCAL, from your own LinkedIn network
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TOCAL raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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