Kimbal raises $22 million to scale smart grid tech globally and boost India smart metering

Its smart meters already reach over a crore endpoints

Smart grid startup Kimbal Technologies has raised $22 million in a Series B led by GEF Capital Partners, with support from existing investor Niveshaay. The funding will expand product development across power quality, energy management, and battery storage, strengthen its AMI business and manufacturing, and fund international growth. Total funding now stands at $27 million, with over 1 crore endpoints deployed.