TOCAL Raises $945K Seed Round led by XB Group

The company will use the new funding to expand its operations, open new fulfilment centres, and increase the size of its EV fleet. It also plans to improve its operational systems, upgrade its fleet, warehouse, and order management technology, and strengthen its enterprise sales and strategic partnerships.

"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," said Deshmukh, founder & CEO of TOCAL.

Founded in 2021 by Dhairyasheel Deshmukh and Hidayathulla Shareef, TOCAL is a Bengaluru-based company that uses electric vehicles (EVs) and technology to provide last-mile delivery, fulfilment centres, and fleet management services. It helps businesses deliver orders faster, improve efficiency, and reduce carbon emissions.

The company offers EV delivery services, fulfilment centres, fleet management software, and rider support through a single platform. This makes it easier for businesses to manage their supply chain and grow their operations.

By using electric vehicles, TOCAL also helps companies make their delivery operations more environmentally friendly and sustainable.

Over the next four to five years, TOCAL plans to expand to more than 15 cities, deploy over 20,000 electric vehicles, operate 75 fulfilment centres, and work with more than 1,000 brands.

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