EV fleet startup TOCAL raises Rs 9 Cr seed to scale last-mile retail fulfillment
Bengaluru-based TOCAL secured Rs 9 crore in a seed round led by XB Group to expand its fulfillment centres and EV last-mile delivery fleet. The startup aims to power faster, sustainable logistics for 1,000+ brands, targeting 20,000+ EVs and 75 fulfillment centres across 15+ cities.
Bengaluru-based EV fleet and fulfillment infrastructure startup TOCAL raised Rs 9 crore seed led by XB Group to expand fulfillment centres, scale its EV last-mile delivery fleet, and enable faster, sustainable logistics for brands.
Why this matters
TOCAL's seed round marks its entry into the retail fulfillment space, betting on EV-powered last-mile delivery and a multi-city fulfillment network to serve over 1,000 brands.
Retail-company signals are accelerating, up +588700% QoQ.
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