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Kimbal raises USD 22 million in Series B led by GEF Capital, with Niveshaay backing the company for the third consecutive round.
Amount Raised
$22 Million
Round Type
series b
Investors
Description
Kimbal Private Limited, an India-headquartered energy engineering company, has closed a USD 22 million Series B round. GEF Capital Partners led the round with Niveshaay providing follow-on investment. The capital will support product development and international expansion. Kimbal's solutions aim to enhance energy management and battery storage capabilities.
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