← Latest news 
Kimbal secures 22 million Series B to scale smart grids, meters and battery storage
Startups
Published on 30 April 2026
10 million smart meter endpoints already deployed worldwide
Energy engineering startup Kimbal Pvt Ltd raised $22 million in Series B funding led by GEF Capital Partners, with Niveshaay doubling down via a follow-on round. The company plans to invest in product development across power quality, energy management and battery storage, while advancing its Advanced Metering Infrastructure vertical and manufacturing, plus selective international expansion.
- Series B round totals $22 million led by GEF Capital Partners
- Funds will support power quality, energy management and battery storage development
- AMI expansion and manufacturing operations get part of the capital
- Company says it has over 10 million AMI endpoints deployed
Read the full story at YourStory
This summarization was done by Beige for a story published on 
YourStory