In order to lower brittleness of biobased polylactic acid (PLA), its blending with polycarbonate and nanosilica is aimed. In this line, to increase compatibility of the ingredients, dicumyl peroxide (DCP) and Cobalt (II) acetylacetonate (Co) were used as grafting and transesterification catalysts, respectively. The X-ray diffraction (XRD) spectra demonstrated high compatibility of the ingredients by broadening of the PLA characteristic peaks and, also, good dispersion of nanosilica particles, especially in PLA/PC/Silica/Co sample. The EDX maps confirmed good nanosilica dispersion, too. The silica nanoparticle size was ranged from 20 to 100 nm in transmission electron microscopy (TEM) pictures. All nanocomposites showed improved thermal stability in thermogravimetric analysis (TGA). Differential scanning calorimetry (DSC) results demonstrated lower T g , T m , and crystallinity values for the fabricated nanocomposites. Notably, the dynamic mechanical thermal analysis (DMTA) curves confirmed the T g , T m , and T cc trend obtained in DSC; moreover, much higher surface under tan δ peak for PLA/PC/Silica/Co sample was obtained, which implies its higher toughness. The precise tensile study of the samples confirmed significantly higher elongation at break of the nanocomposites, more considerably in PLA/PC/Silica/Co sample, with nearly negligible defect on tensile strength and modulus. In a concise, the obtained results confirmed the higher efficiency of Co catalyst, which leads to the sample with improved characteristics compared with DCP.