Kimbal Technologies secured $5 million in its maiden funding round led by Niveshaay and angel investors like Ayush Mittal of Mittal Analytics Pvt. Ltd. and Sandeep Kapadia. The New Delhi-based startup will utilize funds to scale up existing operations and for new product development.

Sandeep Kapadia

Ayush Mittal

Niveshaay

Kimbal Technologies is a power distribution solution supplier that offers an integrated advanced metering infrastructure solution, including smart meters, RF-Mesh communication technologies, and open-architecture head-end system. Established in 2011, the company has deployed 1 million smart meters so far and has also supplied to Middle Eastern utilities.

Kimbal Technologies raised $5M in a seed funding round led by Niveshaay and angel investors to scale up operations and for new product development.

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Kimbal Technologies raised $5M in a seed funding round led by Niveshaay and angel investors to scale up operations and for new product development.

Investors

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