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

Short summary

TOCAL, an EV fleet and fulfillment startup, raised Rs 9 crore from XB Group to expand into new cities and build fulfillment centers. The funding enables a strategic partnership with K-Indev Logistics for an integrated nationwide delivery and warehousing network. This supports India's e-commerce growth with EV-focused logistics solutions.

• •TOCAL secured Rs 9 crore funding from XB Group for expansion
• •New strategic alliance with K-Indev Logistics for integrated delivery and warehousing
• •Targets new cities and India's growing e-commerce logistics demand

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