TOCAL raises ₹9 crore, partners with K-Indev Logistics for EV logistics expansion

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TOCAL (DbyT Dynamics Mobility Solutions Pvt. Ltd.), received ₹9 crore investment after appearing on Startup Singam, which streams on JioHotstar and airs on Star Vijay. The round is led by XB Group with ₹8.5 crore, along with participation from Navyug Global Ventures and investor Nivetha Muralidharan. XB Group is the parent group of K-Indev Logistics.

TOCAL and K-Indev Logistics formed a collaboration to build a logistics platform combining EV delivery operations, fulfilment centres, warehousing, fleet management software, and delivery operations. K-Indev Logistics contributes micro-warehousing and logistics operations, and TOCAL contributes EV fleet operations, delivery network, rider network, and technology systems.

The investment will be used for expansion to additional cities, setup of fulfilment centres, scaling of EV fleet operations, development of logistics software, and expansion of enterprise partnerships.

Dhairyasheel Deshmukh, Founder & CEO, TOCAL, said, “This investment reinforces our conviction that India’s commerce ecosystem requires more than electric transportation; it requires modern, technology-driven logistics infrastructure. Our vision is to build the operating backbone that enables brands to store, fulfil and deliver products faster and in the most sustainable way. Together with K-Indev Logistics, we are creating an integrated platform that combines fulfilment through strategically located micro-warehouses with a tech-enabled EV fleet to support the next phase of India’s commerce growth.”

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