The Venture Codex Logo

The Venture Codex

Navyug Global Ventures

Overview

Venture capital firm investing across energy, tech, and healthcare.

Deals · 12mo

1

Links

Stage focus

Seed

Geographic focus

Sector focus

Consulting
Finance
Financial Services
Professional Services

Investment portfolio

  • TOCAL

    Participated · Seed · Jul 2026

    TOCAL combines EV-powered delivery services, fulfilment centres, fleet management software and rider enablement into a single logistics ecosystem to serve e-commerce, quick-commerce and D2C brands. The company currently operates in Bengaluru and was founded by Dhairyasheel Deshmukh. Following the recent Rs 9 crore investment, TOCAL plans to expand into major metropolitan cities, establish additional fulfillment centres and scale its EV fleet and operational infrastructure. It also intends to enhance its fleet, warehouse and order management technology and bolster enterprise sales and strategic partnerships. As part of the investment, TOCAL is entering a strategic collaboration with K-Indev Logistics to leverage micro-warehousing, nationwide logistics operations and enterprise relationships. Over the next four to five years, TOCAL aims to expand to more than 15 cities, deploy over 20,000 electric vehicles, operate 75 fulfillment centres and partner with over 1,000 brands.

Insights

Team